Risk Manager

ABOUT SUBARU

LOVE.

It's what makes Subaru, Subaru®.

As a leading auto brand in the US, we strive to be More Than a Car Company®.

Subaru believes in being a positive force in the communities in which we live and work, not just with donations but with actions that set an example for others to follow.

That's what we call our Subaru Love Promise®.

Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability.

With a rich history dating back to 1953, Subaru has consistently pushed the boundaries of automotive engineering to deliver vehicles that offer not only exceptional performance but also a unique blend of utility and adventure.

Subaru's company culture is built on collaboration, diversity, and a shared passion for our product.

We foster an inclusive environment that encourages employees to bring their unique perspectives and talents to the table.

Our team members are driven by a common goal: to create exceptional vehicles that inspire and delight our customers.

SUMMARY

Manages Subaru's risk management and insurance program and is responsible for the compliance and administration of Subaru's captive insurance company, Pleiades Insurance Co, Ltd.

Responsible for loss control activities related to employee safety, fleet safety, and office ergonomics and Occupational Safety and Health Administration (OSHA) reporting requirements and response of violations.

MAJOR RESPONSIBILITIES


* Finalizes underwriting submissions and maintains responsibility for the maintenance, negotiation, and renewal of Subaru of America's (SOA's) insurance programs.

Acts as subject matter expert and advises internal departments on potential risks/claims relative to SOA's insurance programs.

Determines marketing/coverage priorities, premium goals, retention levels, aggregates, limits of insurance, and captive involvement information, etc.

Reviews proposals, recommends selection to Associate Director of Risk Management, and implements selected program.


* Exercises authority to purchase corporate insurance policies with premiums of $500,000 or less.


* Manages various aspects of Pleiades Insurance Company including underwriting guidelines, policy execution, and payments.

Monitors all financial statements for Pleiades, including supporting schedules, branch activity, and governmental filings.

Supervises Investment Manager and Custodian to ensure that all monthly investments and changes in Pleiades Investment policy are accurate.


* Contract Management: Reviews and approves vendor-requested changes to standard contract insurance clauses.

Works with Legal and Information Technology (IT) to implement and maintain enterprise contract life cycle management program (Agiloft).


* Oversight of Third-Party Administrator (TPA): Establishes and revises Claims Handling Procedures, audits claims to validate reserving and payment practices, and reviews costs associated with all claims handling.


* Co...