Casualty Risk Manager
Basic Qualifications
L4095:Risk Mgmt Analysis Mgr
Job Description
Casualty insurance professionals looking for a change - Lockheed Martin has an opportunity to lead it's casualty programs and is seeking candidates that enjoy challenging projects and a fast paced cultural environment. The position reports to the Director, Property & Casualty Risk in Bethesda, MD.
This leadership role is responsible for the management of Lockheed Martin's domestic and international Casualty insurance programs, including but not limited to Automobile Liability, Commercial General Liability, Errors and Omissions Liability, Cyber Liability, some Workers’ Compensation etc. and providing general risk management support as Risk Manager to the Missiles & Fire Control business area.
The principal responsibilities of the position are as follows for each assigned line of insurance:
‒ Review policies for compliance with negotiated terms and prepare insurance summaries and any other necessary communications to the business units.
‒ Manage the reporting and adjustment of claims.
‒ Ensure compliance with all policy reporting requirements and applicable legal requirements.
‒ Development of performance standards for all parties involved in the claim handling process, negotiation of contracts with service providers, coordination of performance audits and site-specific cost containment assessments, follow-up on implementation of improvements, evaluation of the effectiveness of the overall cost containment program and performance of individual providers and providing appropriate education and support to the business units on workers' compensation matters.
‒ Provide the following risk management support to the Missiles & Fire Control business area:
Identify risks through review of contracts, develop appropriate risk management strategies, and document risk review through written analyses.
Support M&A activity as necessary.
Respond to business units' ongoing risk management service needs; provide evidence of insurance coverage as required by contracts, leases, etc.; respond to questions regarding scope of Lockheed Martin insurance coverages; and arrange surety bonds where appropriate.
Assist in preparation of filings for SAFETY Act Designation and/or indemnification under Public Law 85-804. with professional experience and specialized training commensurate with assignment.
‒ On an ongoing basis, assess Casualty risks throughout the Corporation and identify the need for additional types or levels of coverage.
The position is based in Bethesda, MD with approximately 20% travel to business area sites and vendor meetings domestically and internationally.
Desired Skills
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to work remotely
Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Select the Telework classification for this position
Employee will telework < 50%
Ability to Telecommute
Part time telecommuting
Shift
First
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Work Schedule
4x10 hour day, 3 days off per week
Security Clearance
None
LMCareers Business Unit
CORPORATE HEADQUARTERS
Department
31154:Risk Management
Job Class
Finance
Job Category
Experienced Professional
City, State
Bethesda-MD
City
Bethesda
Zip
20817
Virtual
no
Relocation/Housing Stipend Available
Possible
Req Type
Full-Time
Direct/Indirect
Indirect
If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs , and apply for roles that align with your qualifications.
EEO
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
National Pay Statement
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Washington or Washington DC is $102,000 - $195,500. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate:
The annual base salary range for this position in most major metropolitan areas in California and New York is $117,300 - $221,100. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
- Minimum 10 years of experience in corporate risk management, insurance brokerage, or insurance company operations.
- Familiarity with basic Property/Casualty insurance concepts
- Effective communications skills (verbal and written)
- Demonstrated knowledge of the insurance industry
- Demonstrated business acumen
- Demonstrated use of financial modeling in solving challenges
L4095:Risk Mgmt Analysis Mgr
Job Description
Casualty insurance professionals looking for a change - Lockheed Martin has an opportunity to lead it's casualty programs and is seeking candidates that enjoy challenging projects and a fast paced cultural environment. The position reports to the Director, Property & Casualty Risk in Bethesda, MD.
This leadership role is responsible for the management of Lockheed Martin's domestic and international Casualty insurance programs, including but not limited to Automobile Liability, Commercial General Liability, Errors and Omissions Liability, Cyber Liability, some Workers’ Compensation etc. and providing general risk management support as Risk Manager to the Missiles & Fire Control business area.
The principal responsibilities of the position are as follows for each assigned line of insurance:
- Manages the development, implementation, and administration of company casualty and property-loss insurance programs.
‒ Review policies for compliance with negotiated terms and prepare insurance summaries and any other necessary communications to the business units.
‒ Manage the reporting and adjustment of claims.
‒ Ensure compliance with all policy reporting requirements and applicable legal requirements.
‒ Development of performance standards for all parties involved in the claim handling process, negotiation of contracts with service providers, coordination of performance audits and site-specific cost containment assessments, follow-up on implementation of improvements, evaluation of the effectiveness of the overall cost containment program and performance of individual providers and providing appropriate education and support to the business units on workers' compensation matters.
‒ Provide the following risk management support to the Missiles & Fire Control business area:
Identify risks through review of contracts, develop appropriate risk management strategies, and document risk review through written analyses.
Support M&A activity as necessary.
Respond to business units' ongoing risk management service needs; provide evidence of insurance coverage as required by contracts, leases, etc.; respond to questions regarding scope of Lockheed Martin insurance coverages; and arrange surety bonds where appropriate.
Assist in preparation of filings for SAFETY Act Designation and/or indemnification under Public Law 85-804. with professional experience and specialized training commensurate with assignment.
- Directs the analyses and definition of potential loss areas and determination of appropriate type and level of loss protection to be insured.
‒ On an ongoing basis, assess Casualty risks throughout the Corporation and identify the need for additional types or levels of coverage.
- Oversees preparation of specifications for broker or underwriter bids, evaluates bids, and recommends or concludes insurance contracts.
- Develops and coordinates risk control programs to prevent losses and reduce premiums.
The position is based in Bethesda, MD with approximately 20% travel to business area sites and vendor meetings domestically and internationally.
Desired Skills
- 15 years experience in corporate risk management, insurance brokerage, or insurance company operations preferred.
- Bachelors and/or Masters degree, ARM and or CPCU certifications
- Demonstrated technical expertise in Casualty insurance and Workers’ Compensation including claims management and cost containment
- Familiarity with U.S. Government contracting practices and acquisition regulations.
- Effective Project Management skills.
- Effective use of Microsoft Office applications primarily Excel, Powerpoint, Outlook
By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.
Ability to work remotely
Part-time Remote Telework: The employee selected for this position will work part of their work schedule remotely and part of their work schedule at a designated Lockheed Martin facility. The specific weekly schedule will be discussed during the hiring process.
Select the Telework classification for this position
Employee will telework < 50%
Ability to Telecommute
Part time telecommuting
Shift
First
Work Schedule Information
Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.
Work Schedule
4x10 hour day, 3 days off per week
Security Clearance
None
LMCareers Business Unit
CORPORATE HEADQUARTERS
Department
31154:Risk Management
Job Class
Finance
Job Category
Experienced Professional
City, State
Bethesda-MD
City
Bethesda
Zip
20817
Virtual
no
Relocation/Housing Stipend Available
Possible
Req Type
Full-Time
Direct/Indirect
Indirect
- At Lockheed Martin, we use our passion for purposeful innovation to help keep people safe and solve the world's most complex challenges. Our people are some of the greatest minds in the industry and truly make Lockheed Martin a great place to work.
If this sounds like a culture you connect with, you’re invited to apply for this role. Or, if you are unsure whether your experience aligns with the requirements of this position, we encourage you to search on Lockheed Martin Jobs , and apply for roles that align with your qualifications.
EEO
Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.
The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.
National Pay Statement
Pay Rate:
The annual base salary range for this position in California and New York (excluding most major metropolitan areas), Colorado, Hawaii, Washington or Washington DC is $102,000 - $195,500. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
(Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year.
This position is incentive plan eligible.
Premium Pay Statement
Pay Rate:
The annual base salary range for this position in most major metropolitan areas in California and New York is $117,300 - $221,100. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate’s work experience, education/ training, key skills as well as market and business considerations when extending an offer.
Benefits offered: Medical, Dental, Vision, Life Insurance, Short-Term Disability, Long-Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays.
This position is incentive plan eligible.
-
Seniority level
Mid-Senior level -
Employment type
Part-time -
Job function
Finance and Sales -
Industries
Defense and Space Manufacturing
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