Manager, Risk Management

SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company’s approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008. For more information, visit www.saic.com SAIC: From Science to Solutions®We are looking for an individual with risk management experience that can make an immediate contribution to our department. The individual will be the deputy to the V.P. Risk Management, and must be able to support our internal customers by reviewing and analyzing complex contract terms, explaining risks and proposing risk mitigation techniques. The individual will also be responsible for the administration of all aspects of multi-national property and casualty insurance programs, including identifying and reporting exposures, preparing comprehensive underwriting submissions, developing renewal goals and objectives, evaluating policy terms and conditions, negotiating coverage and premiums, coordinating primary and excess coverages, reporting and oversight of claims third party administrator, and communicating with and directing insurer and broker personnel. The individual must be able to learn our company structure, be able to effectively work with other corporate departments, and be able to communicate risk management goals and objectives to diverse internal and external customers. The position requires a Bachelor's Degree in Business Administration ( or related field) and 10+ years experience in risk management or a related field. We prefer at least 5 years in risk management or other treasury department role including the following abilities: • Basic business skills, including the ability to oversee insurance and self-insurance expense accounts, the preparation of accounting entries, and reconciliation of general ledger accounts, the presentation and support of those accounting entries to the Controller. • Strong risk identification and analysis techniques, such as: o Read and evaluate complex contract and lease terms and conditions including insurance requirements, indemnification, limitation of liability, and warranty clauses o Analyze those contracts and identify exposures to risk, quantify the level of risk and recommend risk mitigation processes and communicate those issues and mitigation proposals to internal and external customers who lack an understanding of insurance principles o Draft alternative insurance contract terms and conditions and negotiate resolution. • Comprehensive understanding of property and casualty insurance contracts. o Experience in administering all aspects of complex, multi-national policies, including requesting and compiling underwriting data; preparing underwriting submissions, directing insurance brokers and interfacing with insurance underwriters; reviewing and evaluating renewal proposals and preparing financial comparisons of competing proposals, making recommendations to management; reporting and monitoring/managing claims and evaluating reasonableness of loss reserves o Ability to analyze premium invoices for accuracy, and prepare internal documents calculating the allocation of premiums o Experience issuing and responding to internal and external questions about Certificates of Insurance and Memorandums of Insurance • Experience working with and directing insurance brokers, claim administrators, and other vendors supporting insurance programs. o Analyze claim data to identify trends and risk reduction opportunities, interface with internal and external health and safety personnel, claim adjusters, legal staff in the resolution of claims. o Knowledge and experience with RMIS a plus • Experience in conducting due diligence investigation of acquisition targets, analysis of risk management issues and the development of integration plans. • Must be a team player with ability to also work independently and multi-task and meet deadlines • Well developed verbal and written communication skills a must • Bachelors Degree required, MBA desirable • ARM or similar industry credentials a plus “SAIC offers a competitive salary and benefits package. For Immediate consideration, please apply on-line at www.saic.com, through requisition number 125979. SAIC is an Affirmative Action Employer who values cultural diversity in the workplace. EOE, M/F/D/V”Qualified candidates may apply directly to this job posting on SAIC.com through: https://cp-its-rmprd.saic.com/MAIN/careerportal/Job_Profile.cfm?szUniqueCareerPortalID=85&szOrderID=76023 Company: SAIC Location: San Diego, CA 92121 Salary/Wage: Competitive + Benefits Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Relevant Work Experience: 5+ to 7 Years Career Level: Manager (Manager/Supervisor of Staff) Education Level: Bachelor's Degree Company: SAIC Reference Code: 125979