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Insurance & Corporate Risk Manager

HC1316 GE Precision Healthcare LLC - Chicago, IL

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Job Description

Insurance & Corporate Risk Manager page is loadedInsurance & Corporate Risk ManagerApply locations IL03-01-Chicago-500 W Monroe St time type Full time posted on Posted 14 Days Ago job requisition id R4027586Job Description SummaryThe Insurance & Corporate Risk Manager plays a key role in executing GE HealthCare’s global risk management strategy. This position is responsible for managing insurance program operations, claims oversight, and compliance activities.Operating with autonomy within established frameworks, the Risk Manager utilizes in-depth knowledge of insurance and risk management disciplines and applies analytical thinking to support program execution, risk mitigation, and regulatory adherence. The role collaborates across functions to ensure functional continuity, financial accuracy, and operational excellence. This position will be reporting to the Associate Director, Global Risk Management & Insurance and work closely with the Risk Management Team.GE HealthCare is a leading global medical technology and digital solutions innovator.With over 100 years of healthcare industry experience and around 50,000 employees globally, the company operates at the center of an ecosystem working toward precision health, digitizing healthcare helping drive productivity and improving outcomes for patients, providers, health systems and researchers around the world.Job DescriptionInsurance & Risk Management is responsible for protecting GE HealthCare and its shareholders from unforeseen loss . The Risk Management & Insurance function coordinates global insurance coverages, sets the strategy and guidelines for risk management efforts and insurance procurement at the subsidiary level as well as partners with business functions to identify , assess and manage risks.ResponsibilitiesInsurance Program Operations, Risk Analytics & Reporting, Compliance & Documentation, Systems & Tools Maintenance , Communications and Stakeholder engagement and Project and Process SupportExecute insurance renewal processes including data collection, underwriting coordination, and strategy implementationConduct exposure analysis, support actuarial reviews, and manage dashboards and KPIsOversee Casualty claims processes, including high-frequency and complex claims, and support C asualty loss prevention initiativesCoordinate with Finance on budget forecasts, monthly accruals and support TCOR uploadsManage post-bind deliverables, policy issuance, and insurer/broker relationships for various processesResponsible for end-to-end management o f global Surety program, including day to day management of brokers, primary contact for internal stakeholders and invoicing processCreate and manage content for the Risk Management website and internal communication platformsEnsure compliance with AML/KYC, SOX, and regulatory requirements , working closely with internal partnersSupport M&A integrationAdminister insurance systems and ensure data integrity across platformsSupport contract review inquiries processTrack and report on KPIs, operations metrics, and compliance with internal/external standardsMaintain accurate records in Origami and TeamSite; support audit readiness and documentation standardsCreate and maintain workplans, SOPs, j ob aids, and compliance documentationOrigami system report creation, training, and implementation documentation for accountable processesUpload and maintain renewal materials and documentation in collaboration platforms (e.g., TeamSite, Origami)Support internal communications related to insurance renewals and risk initiativesLeads or supports small-scale projects with low risk and resource requirements, including audits, SOP development, and stakeholder trainingDocument proced ures and build a knowledge base of repeatable solutionsQualificationsBachelor’s degree in Finance , Business, Risk Management or related field6+ years of experience in corporate risk or insurance operationsStrong understanding of insurance placement, claims, and complianceProficiency in data analysis and risk reporting toolsExperience with insurance systems (e.g., Origami) and document management platforms ( SharePoint )Strong communication , judgment, problem-solving, and organizational skillsAbility to operate with autonomy, prioritize effectively, and navigate ambiguityDesired CharacteristicsExperience in a global or highly regulated corporate environment , preferably for a large similar industryExperience with LEAN methodologies and a strong understanding of continuous improvement principlesProven ability to develop, track, and analyze Key Performance Indicators (KPIs) to drive performance and operational efficiencyApplied knowledge of insurance and risk management principles and accountingProfessional certifications such as ARM, CPCU, or equivalentExperience with insurance systems (e.g., Origami , Riskonnect)We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership –always with unyielding integrity.Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration, and support.#LI-BR3#LI-Onsite/HybridFor U.S. based positions only, the pay range for this position is $110,880.00-$166,320.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.Relocation Assistance Provided: YesAbout UsAt GE HealthCare, we see possibilities through innovation. We’re partnering with our customers to fulfill healthcare’s greatest potential through groundbreaking medical technology, intelligent devices, and care solutions. Better tools enabling better patient care. Together, we are not only building a healthier future but living our purpose to create a world where healthcare has no limits. #J-18808-Ljbffr

Created: 2025-09-17

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