Insurance Program and Risk Finance Manager jobs in United States
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UPS · 15 hours ago

Insurance Program and Risk Finance Manager

UPS is a Fortune Global 500 organization seeking an Insurance Program and Risk Finance Manager to support the development and administration of their insurance programs and risk financing strategies. The role involves overseeing insurance policy procurement, managing claims trends, and ensuring compliance with regulatory requirements.

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badNo H1BnoteU.S. Citizen Onlynote

Responsibilities

Assist in the design and execution of the company’s insurance and risk financing programs
Support the negotiation and placement of insurance policies, ensuring optimal terms and coverage
Coordinate insurance renewals, policy reviews, and premium allocations across business units
Maintain relationships with brokers, insurers, and third-party administrators (TPAs)
Provide operational support for captive insurance company management, including financial reporting, governance, and compliance
Assist in self-insured programs and large deductible plans, ensuring proper funding and administration
Analyze loss experience and claim reserves to identify risk financing opportunities
Prepare reports and presentations on insurance costs, coverage structures, and financial impacts
Work with independent actuaries to support reserve studies and claims trend analysis
Assist in forecasting risk exposure and recommending changes to self-insured retentions and premium allocations
Support financial modeling of risk financing options, including captive insurance feasibility studies
Ensure compliance with insurance regulations, captive insurance laws, and financial reporting requirements
Prepare reports for regulatory filings, board meetings, and senior leadership
Assist in maintaining internal policies and procedures for insurance program governance
Monitor high-severity claims trends and collaborate with legal teams on complex claims
Provide data-driven insights to improve loss control and risk management strategies
Support claims administration efforts, ensuring accurate claim reserves and timely reporting
Act as a liaison between internal stakeholders, brokers, actuaries, and insurers
Work closely with finance, legal, HR, and operations to align risk management strategies
Provide guidance to junior team members and support training initiatives on insurance processes

Qualification

Insurance program managementRisk financing strategiesCaptive insurance administrationActuarial engagementFinancial analysisClaims management systemsAnalytical skillsMicrosoft ExcelNegotiation skillsAttention to detail

Required

Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, or related field
5+ years of experience in insurance program management, risk finance, or corporate risk management
Experience with captive insurance administration, actuarial engagement, and insurance policy placement
Strong knowledge of insurance structures, risk financing, and self-insurance programs
Analytical skills with experience in actuarial reporting and financial analysis
Effective negotiation skills for interacting with brokers and insurers
Strong attention to detail with the ability to manage multiple projects
Proficiency in claims management systems, insurance analytics tools, and Microsoft Excel
Must be a U.S. Citizen or National of the U.S., an alien lawfully admitted for permanent residence, or an alien authorized to work in the U.S. for this employer

Preferred

Professional designations such as CPCU, ARM, ARe, or WCCA

Company

Operating in more than 200 countries and territories, we’re committed to moving our world forward by delivering what matters.

Funding

Current Stage
Public Company
Total Funding
unknown
Key Investors
Innovate UK
2025-07-28Grant
1999-11-10IPO

Leadership Team

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Brian Dykes
EVP & Chief Financial Officer at UPS
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Joel Stenson
Senior Vice President Global Operations Technology / Enterprise Data & Analytics and Gen AI
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