Job Details

Company Description

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas immunology, oncology, neuroscience, and eye care and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on X , Facebook , Instagram , YouTube , LinkedIn and Tik Tok .

Job Description

The Manager, Corporate Risk Management will establish and maintain a thorough understanding of Companys business and develops partnerships across the organization to identify, quantify, manage and monitor risk as well as provide subject matter expertise. The Manager is responsible for assisting the Director with strategic projects, leads select insurance placements, and conducts contract reviews and due diligence.

Responsibilities

• Implements the strategic vision and support activities to achieve short-and long-term goals of the risk management function.
• Identifies, develops, recommends and implements appropriate strategies, policies, procedures, and systems to improve Companys risk profile as well as quantify, mitigate, manage and monitor risk across the organization.
• Leads continuous operational improvement efforts for the risk management team.
• Supports the operations of the captive insurance entity and strategic projects related to the captive.
• Introduces innovative and value-add solutions that respond to a growing and changing biopharma company.
• Leverages external data and information to create insights for the business and inform stakeholder strategies and decisions.
• Partners with business units to provide subject matter expertise and support efforts that enable the business.
• Presents company risk exposures to external insurance vendors and negotiate favorable insurance terms and prices, and direct purchase of insurance programs.
• Manages related service vendors (brokers, TPAs, insurers) including Companys Regional Risk Management team.
• Directs, provides oversight, and coordinates all aspects of the insurance programs including exposure gathering, claims management, related loss control activities and program implementation.
• Prepares loss analysis and budgets related to assigned coverages.
• Educates business partners, including subsidiaries, of insurance coverages and related risk management efforts.
• Drafts and communicates appropriate contractual standards for identified risk areas.
• Negotiates contract provisions.
• Provides guidance for risk-related sections of contracts, including insurance requirements, indemnification and limitations of liability.
• Leads due diligence, as required.

Qualifications

• Bachelors degree in in business, finance, accounting or related field. Masters degree in business, finance, or related field is preferred.
• Minimum of 7 years of experience in risk management or related experience.
• Collaborative approach to business and problem solving
• Strong analytical, problem solving, critical thinking and decision-making skills
• Ability to work independently and is a self-starter
• Ability to collaborate and foster a high performing team environment
• Ability to develop strong relationships with external parties (e.g. brokers/insurers)
• Ability to collaborate cross-functionally with diverse teams to understand business objectives
• Strong communication skills with high articulation ability, including executive messaging
• Strong computer skills, particularly Excel, Word, and PowerPoint
• Proven experience in driving change through influence;
• Demonstrated project management skills, including the ability to lead teams, produce and maintain timelines, create dashboards, track metrics, and assemble project information into clearly written reports that document findings, actions and progress.

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:

• The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemay ultimatelypay more or less than the posted range. This range may be modified in thefuture.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
• This job is eligible to participate in our short-term incentiveprograms.
• This job is eligible to participate in our long-term incentiveprograms

Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employee remains in the Company's sole andabsolutediscretion unless and until paid andmay be modified at the Companys sole and absolute discretion, consistent withapplicable law.

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.

US & Puerto Rico only - to learn more, visit https://www.abbvie.com/join-us/equal-employment-opportunity-employer.html

US & Puerto Rico applicants seeking a reasonable accommodation, click here to learn more:

https://www.abbvie.com/join-us/reasonable-accommodations.html