Description:
The Group Risk Manager will support business risk team members, collaborate with external insurance brokers to provide an effective risk mitigation evaluation framework, and oversee technical contract reviews and program risk assessments, ensuring appropriate insurance placement for Microsoft. You will work closely with the Director of Business Risk & Insurance in managing insurance programs and staying up to date with emerging risks. This position operates as 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.
At Microsoft, our mission—to empower every person and every organization on the planet to achieve more—guides how we partner with customers to deliver trusted, impactful solutions. With a growth mindset culture, we innovate responsibly and measure success by shared progress—people, teams, and customers. Join us to do meaningful work that changes the world and helps shape what’s next for everyone.
Responsibilities
- Develops comprehensive strategic plans and frameworks 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 programs with 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, and 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 in Mergers 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 is maintained.
- Other: Embody our culture and values
Qualifications
Required/Minimum Qualifications
- Bachelor's Degree AND 6+ years experience in risk management, privacy, security, compliance, government intelligence, operations, and/or finance OR 8+ years experience in risk management, privacy, security, compliance, government intelligence, operations, and/or finance OR equivalent experience.