Coca-Cola

Director Insurance Risk Management

Coca-Cola$148K — $169K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Risk Management, Economics, Accounting, or related major.
  • Minimum of 7 years in risk management or financial management roles.
  • Demonstrated experience in strategic planning and execution of insurance programs.
  • Strong analytical skills and proficiency in data-driven decision-making.
  • Exceptional communication skills to present complex information clearly.

Responsibilities

  • Design and implement property, casualty, and executive risk insurance strategies.
  • Oversee the procurement and renewal of insurance policies, managing broker relationships.
  • Develop and enforce risk management strategies across the organization.
  • Serve as the primary resource for risk management guidance within the company.
  • Facilitate transparency in risk strategy through reports and presentations to leadership.
  • Utilize data analytics tools for enhanced risk insight and process improvement.
  • Lead and mentor a team to achieve strategic risk management objectives.

Benefits

  • Full range of medical benefits offered.
  • Opportunities for annual performance incentives up to 30% of base pay.
  • 401k and retirement plan options available.
  • Access to employee development programs and training.
  • Work-life balance initiatives and support services.
Full Job Description
Job Description Summary:

The Director of Risk Management and Insurance is responsible for the strategic planning, development, and implementation of the Company's Property & Casualty insurance programs. The Director is responsible for identifying and evaluating current and potential risks, risk mitigating strategies, and ensuring that the organization is adequately protected.

The Director will be responsible for the creation and evaluation of risk retention and transfer strategies as well as leading broker and insurance vendor relationships, and achieving premium spend objective. The Director will work closely with senior leadership to align risk management strategies with overall business objectives.

Function Related Activities/Key Responsibilities:
  • Strategically design and execute property, casualty and executive risk insurance to adequately protect the Company's assets while proactively considering changes in the market and in the Company's portfolio.
  • Oversee the procurement of insurance policies and manage relationships with brokers, insurance providers, and various related vendors.
  • Ensure timely renewal of insurance policies and adjust coverage as necessary to reflect changes in the organization.
  • Collaborate cross-functionally across the enterprise to develop and implement robust risk management strategies, ensuring the protection of the company's assets and mitigation of potential threats.
  • Serve as a key resource for the entire Company on risk management and insurance policies, providing guidance, support, and expertise to ensure understanding and compliance across all departments.
  • Communicate the organization's risk management strategy and insurance portfolio through reports and presentations to senior leadership and across the company as needed, ensuring transparency and informed decision-making.
  • Leverage data analytics and digital tools to improve data quality and drive towards digital transformation
  • Lead and develop a high-performing team of risk manager(s), fostering collaboration to achieve strategic treasury objectives.
  • Partner with senior leadership and other Treasury Directors, including the Claims Director, to align strategies, enhance financial risk management, and streamline processes, ensuring cohesive and optimized treasury operations
  • Hold ultimate responsibility for the issuance and management of necessary insurance documentation and the thorough review of insurance terms within the Company's contracts, ensuring compliance and adequate coverage to protect the organization's interests.

Education Requirements:
  • Bachelor's degree is required (Finance, Risk Management, Economics, Accounting, or related major preferred).


Related Work Experience:
Minimum of 7 years increasingly responsible roles within risk management or financial management.

The Coca-Cola Company will not offer sponsorship for employment status (including, but not limited to, H1-B visa status and other employment-based nonimmigrant visas) for this position. Accordingly, all applicants must be currently authorized to work in the United States on a full-time basis and must not require The Coca-Cola Company's sponsorship to continue to work legally in the United States.

Skills:
Analytical Support, Collaboration, Communication, Ensure Compliance, Financial Modeling, Informed Decision Making, Insurance, Insurance Policies, Insurance Programs, Insurance Risk Management, Mitigation, Process Streamlining, Risk Insurance, Risk Management, Risk Management Strategies, Strategic Planning

Pay Range:
United States of America: 148,000 USD - 169,000 USD

Base pay offered may vary depending on geography, job-related knowledge, skills, and experience. A full range of medical, financial, and/or other benefits, dependent on the position, is offered.

Annual Incentive Reference Value Percentage:
30

Annual Incentive reference value is a market-based competitive value for your role. It falls in the middle of the range for your role, indicating performance at target.

Location(s):
United States of America

City/Cities:
Atlanta

Travel Required:
00% - 25%

Relocation Provided:
No

Job Posting End Date:
July 11, 2026

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