Lucid Motors

Senior Manager, Global Insurance

Lucid Motors$120K — $145K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8-10 years of experience in risk management and/or insurance industry
  • Bachelor's degree in Risk Management, Business, Finance or related field
  • Proven ability in risk identification and mitigation
  • Strong negotiation and communication skills
  • Experience in managing multiple complex projects
  • Financial responsibility with budget management skills
  • Ability to work in a fast-paced environment

Responsibilities

  • Serve as the main contact for insurance and risk management inquiries
  • Develop and implement insurance and risk management strategies
  • Identify organizational risks and suggest financing alternatives
  • Lead the annual insurance renewal process
  • Review contracts for risk alignment with business goals
  • Manage claims and assess insurance coverage applicability
  • Collaborate with insurance brokers on global program design

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life and disability coverage
  • Paid time off and paid holidays
  • 401(k) retirement plan
  • Participation in equity program or discretionary cash incentive program
Full Job Description
The Lucid Motors Global Risk & Insurance Division is looking for a highly motivated and experienced Senior Manager, Global Insurance. The primary responsibility of this position is to oversee and manage certain aspects of the risk financing and insurance programs for the Company. Reporting to the Director, Global Risk & Insurance, the individual in this position will support the departments' objective of protecting Lucid's operations globally in a cost-effective manner. Key Responsibilities • Serve as a point of contact for internal and external customers for insurance and risk management related needs or inquiries; • Support development and execution of insurance and risk management strategies related to the design, negotiation and implementation of certain insurance programs for Lucid Motors globally; • Assist in the identification of risk within the organization and support the business in determining appropriate risk financing alternatives; • Support, and in certain cases lead, the annual insurance renewal process including the collection of exposure data and review of terms and conditions; • Review contracts and other agreements to determine alignment and compliance with the company's risk appetite and insurance programs; • Oversee and manage claims emanating from the company's operations and evaluate insurance coverage applicability; • Work with Lucid's insurance broker(s) to determine insurance and risk financing program design and needs, globally; • Support preparation and management of the annual insurance budget. Required • Ability to work in a fast-paced environment; • Proven ability to apply insurance and risk management techniques in the identification, assessment, measurement, mitigation and monitoring of exposures that may threaten the organization; • Demonstrated ability to understand business drivers and develop goals and strategies accordingly; • Ability to effectively communicate across all levels of an organization and outside company boundaries; • Proven track record in negotiation, diplomacy and communications skills in furtherance of business goals; • Proven track record in providing consultative services to internal and external stakeholders; • Experienced team leader as well as an effective team member, with demonstrated ability to manage multiple complex projects; • Demonstrated financial/fiscal responsibility including budget management and analytical capability; • 8-10 years professional experience in risk management and/or insurance industry; • Thorough understanding and working knowledge of the domestic and foreign insurance programs and markets; • Bachelor's degree in Risk Management, Business, Finance or related field. Preferred • Associate in Risk Management or CPCU designations Compensation & Benefits: Lucid offers a comprehensive and competitive benefits package including medical, dental, and vision insurance; life and disability coverage; paid time off; paid holidays; and a 401(k) retirement plan. Eligible employees may also participate in Lucid's equity program and/or a discretionary annual cash incentive program. Incentive and equity awards, if applicable, are determined based on individual performance, role scope, market considerations, and overall company results, in accordance with the terms of the applicable plans.

About Lucid Motors

Lucid Motors is an American electric vehicle manufacturer that designs and produces luxury electric cars. The company's flagship vehicle, the Lucid Air, is a high-performance electric sedan that is designed to compete with other luxury electric vehicles such as the Tesla Model S. The Lucid Air is expected to have a range of over 500 miles on a single charge and will be available in several different configurations. The company was founded in 2007 by Bernard Tse and Sam Weng and is headquartered in Newark, California.
Learn more about Lucid Motors
Size
2,000 employees
Market Cap
$10.7 billion
Industry
Founded
2007
NASDAQ

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