Risk Senior Manager

Company: Takeda Pharmaceuticals International GmbH
Location: Cambridge
Posted on: April 6, 2021

Job Description:

The health and safety of our employees and candidates is very important to us. Due to the current situation related to the Coronavirus (COVID-19), we're leveraging our digital capabilities to ensure we can continue to recruit top talent at Takeda. As your application progresses, you may be asked to use one of our digital tools to help you through your recruitment journey. If so, one of our colleagues will explain how these tools will be used during the recruitment process. Thank you. *Please be aware of an Identity Theft Scheme targeting individuals seeking jobs with Takeda and other employers. See below or here for more info. Takeda fosters a collaborative and stimulating work environment filled with opportunity and the chance to make a difference in people's lives. It is a workplace driven by integrity, one of Takeda's long-held values that extends to both the patients we serve and our employees who develop and deliver medicines. Across our company, Takeda employees bring together diverse strengths that together create a stronger whole. As one of the world's leading biopharmaceutical companies, Takeda is committed to bringing Better Health and a Brighter future to people worldwide. We aspire to bring our leadership in translating science into life-changing medicines to the next level, in our core focus areas; oncology, gastroenterology, neuroscience, rare diseases, plasma-derived therapies, and vaccines. The Greater Boston Area is headquarters to many of our Global and US business units. We are a passionate team doing important work that impacts patients' lives. If you are driven to create better health and a brighter future, join us! Success What makes a successful member of our team? Check out the traits we're looking for and see if you have the right mix. Life at Takeda A Global Top Employer Recognized for our culture and way of working, we're one of only select companies to receive Top Global Employer -- status for 2021. By clicking the "Apply" button, I understand that my employment application process with Takeda will commence and that the information I provide in my application will be processed in line with Takeda's Privacy Notice and Terms of Use . I further attest that all information I submit in my employment application is true to the best of my knowledge. Job Description Are you looking for a patient-focused, innovation-driven company that will inspire you and empower you to shine? Join us as a Risk Senior Manager in our Cambridge office. At Takeda, we are transforming the pharmaceutical industry through our R&D-driven market leadership and being a values-led company. To do this, we empower our people to realize their potential through life-changing work. Certified as a Global Top Employer, we offer stimulating careers, encourage innovation, and strive for excellence in everything we do. We foster an inclusive, collaborative workplace, in which our global teams are united by an unwavering commitment to deliver Better Health and a Brighter Future to people around the world. Here, you will be a vital contributor to our inspiring, bold mission. As a Risk Senior Manager working on the GIRM(Global insurance and Risk Management) team, you will be empowered to provide global and local insurance support to Takeda companies world-wide. In this role, you will contribute to Takeda's mission by for placing insurance programs locally (independent of the global programs) and manage loss control and claims handling for these programs. A typical day will include: POSITION OBJECTIVES:

• Global Insurance & Risk Management (GIRM) is a central business partner at Corporate level, providing global and local insurance support to Takeda companies world-wide.
• With team members located in Japan, US and Europe, GIRM is part of Takeda's Global Finance function and has responsibility for placing all global insurance programs.
• The US based representation of the GIRM team has additional responsibility for placing insurance programs locally (independent of the global programs) and for managing loss control and claims handling for these. POSITION ACCOUNTABILITIES:
  • Contribute to the development of a high functioning Global Insurance & Risk Management department, with a particular emphasis on supporting the Business with its local US Insurance and Risk Management requirements
  • Assume both lead and participatory responsibility for Global and Local Insurance programs:
  • Lead role in the renewal of local US insurance policies (in global programs)
  • Lead for all US specific programs; maintaining oversight of the collection and review of underwriting information leading to submissions and involvement in often complex negotiations with Takeda's Insurance Broker and the Insurance Market
  • Responsible for reviewing all local insurance policies for accuracy, recommending appropriate loss retention levels and negotiating insurance cover, provisions and premiums in the local insurance markets.
  • Overall management of the Global fronted General Liability & Clinical Trials Liability Insurance program; involving the Clinical Trials Certificate of Insurance Process
  • Support the business and local management on contractual risk reviews and determine appropriate types and level of insurance
  • Seek to identify, develop and maintain sound insurance reporting procedures and systems; employing effective data collection and analysis strategies
  • Establish and maintain strong relationships with stakeholders across the US Insurance community to ensure Takeda's local risk management policies and Insurance programs reflect ongoing developments and changes in the US environment
  • Provide local and global claims management handling/support:
  • Evaluation of large exposure claims
  • Liaison with Takeda Legal Counsel on claims management procedure and litigated claim strategy
  • Communication with site stakeholders and carrier claims teams
  • Invoice and settlement payment reconciliation
  • Preparation of open claims reports across multiple lines of business
  • Claims audit and review activities EDUCATION, BEHAVIORAL COMPETENCIES AND SKILLS:
    • Minimum 5 years of experience, working in a similar role or background in the insurance/broking environment, with an excellent understanding of business insurance lines
    • Experience of working on global insurance programs, across multiple lines of business in international working environments
    • MBA, CPCU or ARM or other IIA course work
    • Robust understanding of financial concepts and analytical methodology
    • Skilled in Risk Management, with a sound understanding of Insurance and Risk Mitigation concepts
    • Solid verbal and written communication and negotiation capabilities, comfortable communication with internal and external stakeholders of all levels of seniority
    • Strong negotiation techniques and ability to explore positions and alternatives in order to reach outcomes that gain acceptance for all involved parties
    • Excellent team player - able to collaborate effectively and seamlessly within GIRM and cross-functional teams with internal and external partners
    • Sound analytical skills and ability to utilize data to inform the Business and reach informed decisions and watertight solutions
    • Meticulous attention to detail, with proven ability to create high quality presentation material and maintain accurate, detailed records
    • Risk Management - understands the concepts of insurance and risk mitigation
    • Desired: Industry Knowledge -understanding of the pharmaceutical industry would be an asset LOCATION
      • Cambridge, MA
      • This job posting excludes CO applicants TRAVEL REQUIREMENTS:
        • 20%-25%
        • Ability to drive to or fly to various meetings/clients sites - limited overnight. Some international travel may be required WHAT TAKEDA CAN OFFER YOU:
          • 401(k) with company match and Annual Retirement Contribution Plan
          • Tuition reimbursement Company match of charitable contributions
          • Health & Wellness programs including onsite flu shots and health screenings
          • Generous time off for vacation and the option to purchase additional vacation days Check out where you could be
            working if you apply. Job Seekers: Protect yourself against identity theft Please be aware there are instances of identity thieves posting Takeda-branded jobs and posing as employees to steal personal information. They visit job-related websites and invite candidates to online chats. During the chat, they press job seekers to provide bank account information and Social Security numbers. Copyright 1995-2019 Takeda Pharmaceutical Company Limited. All rights reserved.

Keywords: Takeda Pharmaceuticals International GmbH, Cambridge , Risk Senior Manager, Accounting, Auditing , Cambridge, Massachusetts