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Panasonic North America Risk Manager in Newark, New Jersey

Overview

WHO YOU ARE AT PANASONIC:

Risk Manager is responsible for managing the day-to-day management, operations and service delivery of Panasonic Corporation of North America Corporate Insurance Program and managing Panasonic’s Owner Controlled Insurance Program and construction related insurance programs. The Risk Manager is also required to provide support to Panasonic Corporation of North America’s Corporate Property and Casualty Insurance Program. Panasonic Corporation of North America’s Risk Management is responsible for managing insurance program for over 50 Panasonic companies including its divisions and subsidiaries located in North America, Canada and Mexico.

Responsibilities

What You'll Get To Do:

Management of Panasonic Corporation of North America Corporate Insurance Programs

  • Management of Panasonic Corporation of North America Stock throughput, All Risk Property and Workers Compensation Programs including renewal planning, renewal negotiations, insurance accounting, budgeting and allocation, insurance request processing, customer service, risk identification, analysis & treatment, explaining risk management policy and procedure, data management and contract and lease reviews.

  • Supervise the claim management process with broker and insurer, coordinate with internal stakeholders, report and process claims, claim analysis and trends, reporting results, and participate in claim settlement negotiations.

  • Manage the property and casualty loss control and analyze losses to develop an action plan.

  • Provide in-house expertise and resource, explaining risk management policy and procedure to our internal customers, developing risk management policy and procedure, data management and PNA intranet updates, contract & lease reviews.

Management of Panasonics Owner Controlled Insurance Program, OCIP, and construction related insurance programs

  • Manage day-to-day interaction between all project participants, brokers and insurers related to risk management and insurance issues. Provides information and assistance to safety team, legal, project management, and accounting staff regarding liability and risk issues.

  • Oversee and manage the claims process to include oversight of claim administrators, insurers and defense attorneys as well as coordinate with all the stakeholders to compile all supporting documentation relating to claims and suits, claim analysis and trends, reporting results, and participate in claim settlement negotiations.

  • Coordinate all property and casualty loss control requirement with project team and review, analyze and develop an action plan.

  • Panasonic in-house expertise and resource, explaining risk management policy and procedure pertaining to OCIP and construction related insurance to our internal customers, developing construction risk management policy and procedure, data management, and contract review

Support the management of Panasonic Corporation of North Americas Corporate Property and Casualty Insurance Program:

  • Support the management of Panasonic Corporation of North America’s Corporate Property and Casualty Insurance Program including renewal planning, renewal negotiations, insurance accounting, budgeting and allocation, insurance request processing, customer service, risk identification, analysis & treatment, explaining risk management policy and procedure, data management and contract & lease reviews.

Qualifications

MUST-HAVES:

Education and Experience

  • Bachelors degree in accounting, finance, management or business related degree with minimum of 5 years of risk management experience in Corporate Risk Management function or commercial insurance brokerage.

  • Knowledge of essential risk management principles normally acquired through completion of the Associate in Risk Management, ARM, professional designation preferred.

  • Ability to effectively influence multiple constituencies internally and externally and inspire action without direct organizational management responsibility.

Competencies

  • Complex issues associated with risk identification and treatment, insurance coverage analysis, emerging risks and business issues and how they are to be addressed

  • Thorough understanding of contracts and insurance documents

  • Analytical and adept at processing and breaking down data into actionable information

  • Ability to effectively foster teamwork, and build collaboration

  • Confident, self-starter with excellent verbal and written communication skills, strong interpersonal skills, strong project management skills, detailed oriented, very organized, the ability to prioritize and multi-task in a fast-paced and dynamic business environment

Communications

  • All levels of Panasonic internal management and executives including legal, finance, facilities, HR, environmental, etc.

  • All levels of external brokers, consultants, attorneys, insurance adjusters, insurance underwriters and other service providers

  • Communication and the ability to negotiate is a key requirement of the Risk Manager position.

Other Requirements

  • 5% of job entails domestic travel

  • Travel to Panasonic Corporation of North Americas HQ 3 – 4 times per year

  • Office worker, no unusual requirements

  • Position can be remote

BENEFITS & PERKS – WHAT’S IN IT FOR YOU:

Panasonic prioritizes total wellbeing. We offer a wide variety of benefits and programs to support your physical, emotional, financial, social, and environmental health. ​

  • Highly Competitive Healthcare Plans

  • Company-Matched 401K Retirement Savings

  • Annual Bonus Program

  • Educational Assistance & Reimbursement Program

  • Relaxed Dress Code

  • Onsite Café

  • Diversity, Equity & Inclusion Programs

  • Leadership & Mentorship Programs

  • High5 Reward Recognition Program

  • Onsite Events!

  • And many more benefits & perks

WHERE YOU’LL BE:

For our hybrid and onsite roles, Panasonic is committed to fostering an ideal working environment that goes beyond the conventional. We understand the significance of moments that matter in your onsite experience, and we prioritize creating a workspace that not only promotes productivity but also ensures a fulfilling and positive work atmosphere. Join us at Panasonic, where your onsite presence is valued, and we strive to make each moment count in your professional journey.

WHO WE ARE:

Meet Panasonic (https://careers.na.panasonic.com/life-at-panasonic) ! At Panasonic, we are pioneering technologies that not only move us forward but also make a positive impact.

Your work here goes beyond conventional boundaries, aligning with our commitment to doing work that matters. Whether it's in the realm of sustainable energy solutions or cutting-edge automotive technology, we provide an environment where innovative thinkers can soar.

Our dedication to addressing climate impact is ingrained in our approach, ensuring that we create technologies while actively working to reduce our environmental footprint. Joining us means experiencing career growth in more ways than one, with opportunities for professional development and advancement.

At Panasonic, we care about what you care about, fostering a culture where your expertise contributes to the creation of technologies that not only move us (https://www.youtube.com/watch?v=h-x_hDfMqb0) but also drive positive change for the planet.

Be part of a team that values your contributions, encourages innovation, and actively contributes to shaping a more sustainable and technologically advanced future.

WE TAKE OPPORTUNITY SERIOUSLY:

At Panasonic, we are committed to a workplace that genuinely fosters inclusion and belonging. Fairness and Honesty have been part of our core values for more than 100 years and we are proud of our diverse culture as an equal opportunity employer.

The salary or hourly wage range of $110,000k – $120,000k is just one component of Panasonic’s total package. Actual compensation varies depending on the individual’s knowledge, skills, experience, and location. This role may be eligible for discretionary bonuses and incentives. *The minimum hourly wage for this role will be the greater of the posted range, or minimum wage for the location where the employee will be working, subject to local minimum wage requirements.

We understand that your career search may look different than others and embrace the professional, personal, educational, and volunteer opportunities through which people gain experience. If you are actively looking or starting to explore new opportunities, send us your application!​

Panasonic is an Equal Opportunity/Affirmative Action employer, and all qualified applicants will receive consideration for employment without regard to: race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, disability status, protected veteran status, or any other characteristic protected by law. All qualified individuals are required to perform the essential functions of the job with or without reasonable accommodation.

Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S. Thank you for your interest in Panasonic.

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