Associate Manager, Risk Management

Since 1869 we've connected people through food they love. We’re proud to be stewards of amazing brands that people trust. Our portfolio includes the iconic Campbell’s brand, as well as Michael Angelo’s, Pace, Pacific Foods, Prego, Rao’s Homemade, Swanson, and V8. In our Snacks division, we have brands like Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Pepperidge Farm, Snack Factory, and Snyder’s of Hanover.

Here, you will make a difference every day. You will be supported to build a rewarding career with opportunities to grow, innovate and inspire. Make history with us.

Why Campbell’s…

• Benefits begin on day one and include medical, dental, short and long-term disability, AD&D, and life insurance (for individual, families, and domestic partners).
• Employees are eligible for our matching 401(k) plan and can enroll on the first day of employment with immediate vesting.
• Campbell’s offers unlimited sick time along with paid time off and holiday pay.
• If in WHQ – free access to the fitness center. Access to on-site day care (operated by Bright Horizons) and company store.
• Giving back to the communities where our employees work and live is very important to Campbell’s. Our “Campbell’s Cares” program matches employee donations and/or volunteer activity up to $1,500 annually.
• Campbell’s has a variety of Employee Resource Groups (ERGs) to support employees.

General Summary:

Identify and assess hazard risks and exposure to loss for Campbell and recommend to the Senior Director, Risk Management and Real Estate strategies to either finance and/or transfer this risk and its cost through insurance or other risk management techniques to minimize risk to company assets (including people), preserving earnings, cash flow and equity value.

Primary Responsibilities:

• Manage the corporation’s global hazard risk management program including casualty (automobile, third party liability), executive risks (Directors’ & Officers,’ Fiduciary, and other specialty coverages), product liability, property, and marine cargo.

• Provide consultation and recommendations to minimize the total cost of risk of global operations (e.g., Supply Chain, including Operating Units, Human Resources, Legal, Engineering, Security and Occupational Health & Safety).

• Evaluate new exposures facing Campbell and prepare analysis for management.

• Participate in M&A due diligence.

• Coordinate and take lead on all global non-casualty insurance claims.

• Manage and maintain cost effective worldwide risk management programs by employing sound risk management practices of avoidance, transfer of risk to third parties/insurers, risk mitigation strategies, etc. to address the corporation’s risk exposures from both a global and locally admitted basis.

• Manage insurance broker(s) to negotiate broad insurance coverage with financially secure insurers to achieve optimum protection at competitive pricing for those risks the corporation determines that it will insure (e.g., automobile, third party and workers’ compensation liability, cargo, property, D&O, Fiduciary, crime, etc.).

• Prepare quarterly and annual reports to management regarding risks and coverage.

• Update insurers and brokers on business changes.

• Work with Divisional Management, e.g., Engineering, Finance Directors, Plant Managers, etc. to educate and motivate the supply chain to employ best practices with respect to achieving Highly Protected Risk (HPR) property protection certification at key facilities, where financially feasible.

• Employ best practices for automobile liability, general liability and workers’ compensation safety policies to minimize the corporation’s exposure to significant loss and manage the assessment process as conducted by insurers and third-party vendors.

• Determine and evaluate exposure to loss in contracts, leases, and other correspondence/documents in conjunction with legal, procurement and real estate, etc.

• Recommend and advise strategies to transfer or finance risk through insurance or other risk financing methods so that the corporation does not unnecessarily assume the liability of others or waive or limit our rights of recovery.

• Monitor the performance of the corporation’s insurers, brokers, and third-party administrators against predetermined standards to ensure we receive required levels of service and that insurers have the financial ability to continue paying claims over time. Conduct annual stewardship reviews with key insurers and brokers.

Minimum Requirements:

• Minimum education required: Bachelor's Degree in Risk Management, Finance, Business Administration, or a related field

• Years of relevant experience: 5-7 years-experience in risk management

• Quantitative and qualitative techniques to evaluate corporation’s risks, claims, safety performance, and engineering recommendations to identify critical positive and negative trends or themes.

• Knowledge of risk management information system applications that provide the means to measure and evaluate the total cost of risk, corporate demographics, and key risk exposures.

• Legal principles pertaining to liability, negligence, contract structure and content, and how insurance policies can be constructed to respond.

• Financial modeling to forecast claims, premium trends, and preparation of required financial reporting.

• Detailed knowledge of insurance company operations, including pricing, underwriting, engineering, and claims procedures.

• Flexibility in dealing with urgent requests, managing multiple priorities and various deadlines

• Effective communication and interpersonal skills

• Ability to travel 25%

Compensation and Benefits:

The target base salary range for this full-time, salaried position is between

Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. Total pay may include other forms of compensation. In addition, we offer competitive health, dental, 401k and wellness benefits beginning on the first day of employment. Please ask your Talent Acquisition Partner for more information about our total rewards package.

The Company is committed to providing equal opportunity for employees and qualified applicants in all aspects of the employment relationship, including consideration for employment, without regard to race, color, sex, sexual orientation, gender identity, national origin, citizenship, marital status, protected veteran status, disability, age, religion, or any other classification protected by law.