New 
Business Risk & InsuranceGroup Manager
 Microsoft | |
 United States, Washington, Redmond | |
 Jan 29, 2025 | |
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OverviewGlobal Treasury Financial Services (GTFS) mission is to enable our customers and partners to achieve more by accelerating their digital transformation with innovative financial solutions and to optimize our cash. We are a compliance first organization with customer obsession and deal economics focus. We support $130B in trade receivables and $11B in payment solutions per year globally. Business Risk & Insuranceteam is looking for an experienced finance/insurance professional who is passionate aboutanalyzing business risk, is data driven, enjoys working through challenging business scenarios,andcandeliverinsights to drivetimely decision making and supportMicrosoftrisk framework.You will work in a dynamic and fast-paced environment in a truly global role.This role is a solution-oriented position, with a need for sound judgment to select methods and techniques for risk mitigation. The Business Risk & InsuranceGroup Manager will support seniorbusiness risk team members and will collaborate with external insurance brokers to provide an effectiverisk mitigation evaluation framework.The Risk Manager oversees technical contract reviews and program risk assessments and ensures appropriate insurance placement for Microsoft. The Risk Manager will work closely with the Director of Business Risk & Insurance in managing insurance programs and staying up-to-date with emerging risks. This position is a critical leader within the team charged with assessing, developing,and monitoring Microsoft's insurance programs and partnering with internal stakeholders to ensure their success. Microsoft's mission is to empower every person and every organization on the planet to achieve more. As employees we come together with a growth mindset, innovate to empower others, and collaborate to realize our shared goals. Each day we build on our values of respect, integrity, and accountability to create a culture of inclusion where everyone can thrive at work and beyond.
ResponsibilitiesDevelops comprehensive strategic plan and framework to effectively manage and mitigate corporate risks.Participates with outside counsel in mediation and other forms of alternative dispute resolution Works with Legal, insurance brokers and insurance companies in the selection of outside counsel for representation Develops policies and procedures relating to claims reporting and handling in conjunction with internal stakeholders Leads a wide range of claims investigation and management, insurance, loss/exposure, policies and procedures and other matters. Partners with internal stakeholders to develop risk transfer programswith a compliance focus Develops risk renewal strategies and insurance program structures that align with organization's risk tolerance, which include captives, self-insurance, risk transfer, and other methods Directs insurance placement and policy review, overseeing activities of the insurance broker, ensuring timely delivery of expected deliverables and outcomes In collaboration with Director of Business Risk & Insurance and additional internal stakeholders, performs analysis to quantify financial impacts of existing and emerging risk exposures, recommending actions for mitigation through insurance as appropriate Utilizes and develops analytics, including benchmarking and other metrics, to evaluate loss trends, working with insurance brokers to understand the total cost of risk Drives relationships with stakeholders for assigned insurance programs and setting innovative strategies and supports related claims management Participates inMergers and Acquisitions (M&A) transactions, aiding M&A team with review of integration plans from an insurance perspective Manages and evaluates policy-term changes in risk and exposure, coordinating with other Risk Managers, Director of Business Risk & Insurance, and other stakeholders as needed Ensures effective documentation of all related policies, processes and governance ismaintainedOther Embody our Culture and Values | |