TSMC · 2 weeks ago
Sr. Manager of Risk and Business Insurance
Phoenix, AZ
Full-time
Onsite
Senior Level, Lead/Staff
8+ years expTSMC Arizona offers an opportunity to work at the most advanced semiconductor fab in the United States. As the Sr. Business Insurance Manager, you will spearhead the strategic placement and management of insurance programs supporting large construction projects, ensuring comprehensive risk management and compliance.
Consumer ElectronicsElectronicsManufacturingProduct DesignSemiconductor
Responsibilities
Lead Insurance Placement:
Direct the OCIP placement efforts with brokers and insurers, ensuring the timely delivery of program policies aligned with construction project timelines
Program Oversight:
Oversee the enrollments, contracts, safety, claims, and all related compliance matters to ensure coverage and adherence to regulations
Oversee the insurance database and data collection
Coordinate and lead the Insurance committee meetings and alignment with TSMC Headquarters
Policy Coordination and Analysis:
Analyze and interpret terms and conditions associated with proposed Builders Risk Insurance Programs, OCIPs, OPPI, and Property insurance
Act as a liaison among program participants to facilitate effective communication and coordination
Risk Management:
Identify insurable risks and potential risk mitigation opportunities, coordinating with operational groups to educate and ensure appropriate insurance coverage
Claim Management:
Assist in internal claim management for Builders Risk, OCIP, and Property claims, overseeing third-party administrators, insurers, adjusters, and legal service providers
Financial Analysis:
Contribute to budgets, forecasts, and financial reports, analyzing annual insurance premiums, program performance, billing rates, and premium allocations
Industry Knowledge:
Stay updated on trends in the construction insurance industry, integrating knowledge into existing processes and creating new workflows as necessary
Communication and Reporting:
Coordinate the assembly and delivery of management reports and presentations to internal and external stakeholders ensuring high-quality communication
Process Development:
Develop and review standardized processes and procedures to improve efficiency, ensure regulatory compliance, and minimize Total Cost of Risk (TCOR)
Qualification
Required
Minimum of 8-10 years of relevant work experience in business insurance management, particularly within the construction, manufacturing, or semiconductor industry
Advanced computer skills, including proficiency in Word, Excel, and data analytics
Strong analytical skills to interpret complex insurance terms and conditions
Excellent verbal and written communication skills
Strong interpersonal skills to professionally engage with employees and external partners
Ability to establish and maintain effective working relationships across the organization
Effective listening and teamwork abilities
Attend weekly meetings at construction sites, sitting, standing, working on a computer, etc
Candidates must be willing and able to work on-site at our Phoenix Arizona facility
Preferred
Bachelor's degree in Risk Management, Finance, Insurance, or other quantitative fields preferred
Benefits
A variety of medical, dental and vision plan offerings
Income-protection programs
401(k)-retirement savings plan
Competitive paid time-off programs
Paid holidays
Company
TSMC
Established in 1987, TSMC is the world's first dedicated semiconductor foundry.
10001+ employees
H1B Sponsorship
TSMC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (49)
2024 (27)
2023 (30)
2022 (17)
2021 (31)
2020 (35)
Funding
Current Stage
Public CompanyTotal Funding
$14.2BKey Investors
U.S. Department of CommerceBerkshire Hathaway
2024-04-08Grant· $6.6B
2024-01-01Acquired
2022-09-30Post Ipo Equity· $4.1B
Leadership Team
Morris Chang
Founder, Chairman & CEO
Peter M. Cleveland
Senior Vice President
Recent News
2026-01-07
2026-01-06
2026-01-06
Company data provided by crunchbase