Overview
Bruker Corporation, headquartered in USA (MA), is enabling innovation, productivity and customer success in life science molecular research, in applied and pharma applications, and in microscopy, nano-analysis and industrial applications. In recent years, Bruker has also become a provider of high-performance systems for cell biology, preclinical imaging, clinical phenomics and proteomics research, clinical microbiology, and for molecular pathology research.
Today, worldwide more than 7,000 employees are working on this permanent challenge at over 90 locations on all continents. Bruker continues to build upon its extensive range of products and solutions, its broad base of installed systems and a strong reputation among its customers. Bruker is quoted on the NASDAQ stock exchange (BRKR).
Responsibilities
New opportunity based in Billerica, MA for a Director of Risk Management and Insurance to join the Global Treasury Team. The Treasury function is responsible for global cash & investments, risk management, insurance, debt & compliance and international bank relationships. The Director of Risk Management and Insurance is responsible for leading and developing the global risk and insurance programs, coordinating and implementing risk management activities at the business and corporate level, controlling insurance expenses, maintain existing and build new relationships with brokers and insurance companies, and to improve overall risk awareness at Bruker.
Work collaboratively with executive leadership and other corporate oversight functions to identify, evaluate, mitigate and monitor the organization’s enterprise risks.
Develop the risk financing and retention strategies for the property, casualty, employment practices, cyber liability and executive risks by working with executive leadership to establish and quantify the organization's risk appetite.
Evaluate, recommend and implement alternative risk financing tools as insurance market and economy changes.
Manage Insurers and Underwriters, Brokers and Other Third-Party Service Providers.
Analyze the organization’s historical loss trends leading to the development of necessary risk-transfer, safety, loss control and claims management programs.
Demonstrate and drive the mitigation of controllable events.
Establish global budgets for all business insurance and self-insurance retentions including the property, casualty, employment practices, cyber liability and executive risks.
Manage accounting and risk management reconciliation and reserve analysis of all accrual and expense accounts.
Negotiate all insurance and claim management terms and conditions, inclusive of financing arrangements, collateral and escrow on all paid loss/incurred loss programs.
Develop and execute all plans and recommendations to keep accrual at acceptable levels.
Serve as the Corporation’s internal resource for all issues pertaining to Risk, Claims Management and Insurance. Develop policies and procedures to ensure the organization’s compliance with sound risk management, programs. Build an internal Insurance & Risk Council.
Provide subject matter expertise to internal teams as it relates to the organization’s contractual risk transfer program and philosophy; including the oversight of the organization’s certificate of insurance program.
Perform other duties as required.
Qualifications
Master Degree required including appropriate insurance and risk certifications
Minimum 8 years work experience in a senior risk management position for an international corporation
Proven knowledge of global business insurance and local or country requirements where affiliates conduct business
Proven track record in negotiating global insurance programs
Prior employment experience within Cash Management or Treasury is a plus
Advanced analytical skills with the ability to evaluate and address issues from local, regional and corporate perspectives
Demonstrated ability to work effectively in a global matrix environment to build effective working relationships at all levels across the company
Professional maturity with proven ability to support multiple tasks in fast paced environment, work independently and proactively, and collaborate within a team is critical for success.
Excellent verbal, written, interpersonal, computer, analytical, and technical communication organizational, and presentation skills, including advanced MS Office proficiency
Demonstrated ability to effectively lead multiple activities, manage resources, apply project management techniques and tools, focus on continuous process improvement, and employ appropriate metrics
Possesses behavioral attributes such as collaboration, teamwork, business insight, constructive thinking, customer-orientation, tactful communication, leads and develops people, strategic orientation, results orientation, embraces change and innovation
U.S. Citizenship or U.S. Permanent Resident status required
Ability to maintain valid passport with flexibility for domestic and international travel
May be required to pass security clearance investigation.
Bruker Corporation offers a comprehensive and competitive benefits package including medical, dental, 401(k), paid vacation, holidays, and tuition assistance (as applicable).
Bruker is a federal contractor and subject to Executive Order 14042. Under Executive Order 14042, all employees must be fully vaccinated against COVID-19 (with limited exceptions for those employees who are unable to be vaccinated due to a medical condition or a sincerely held religious belief). You will need to provide proof of vaccination by submitting a copy of your CDC COVID-19 Vaccination Record Card to Bruker, or obtain a religious or medical exemption, as a condition of employment.
Bruker is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status, and other protected characteristics.
Certain positions at Bruker require compliance with export control laws and as a result, all interviewed candidates for all positions will be screened pre-interview to determine their eligibility in light of export control restrictions.