The Senior Manager, Corporate Insurance is responsible for Vanguard's global corporate insurance program. In conjunction with their team, the role develops and implements the firm's global risk transfer strategy in partnership with the business other stakeholders (e.g., Enterprise Risk Management). Ultimately, they assist the business in effectively transferring risk through Vanguard's captive insurance entity, the commercial insurance market, and other alternative risk transfer mechanisms, ensuring Vanguard meets the expectations of our key constituents, such as clients, crew, regulators, business partners, and directors.
In this role, you will:
- Hire, evaluate, and supervise crew. Provide guidance and training as necessary to develop crew. Set performance standards, review performance, and make informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
- Develop strategic objectives and short- and long-term goals for the insurance function. Oversees the placement and annual renewal of corporate insurance policies. Maintain fidelity bonding, professional liability and property/casualty coverages. Perform risk and insurance consulting.
- Oversee captive insurance company to finance specialized risk exposures.
- Develops direct and oversee strategic risk management initiatives. Provide direction and guidance on opportunities available in the insurance marketplace.
- Select and manage insurance brokers. Ensure that brokers provide effective risk advice, timely insurance administration, and placement of insurance that is the broadest coverage at the best price.
- Develop, oversees, customize and deliver insurance disclosures for internal and external audiences.
- File professional liability claims and consults on other property/casualty claims as needed. Oversee the claims process with internal and external legal counsel.
- Participate in special projects and performs other duties as assigned.
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What it takes:
- Minimum of eight years related work experience, with at least three years of corporate insurance or risk management. Supervisory experience preferred.
- Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
- Experience in the financial services industry preferred.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
We are Vanguard. Together, we're changing the way the world invests.
For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose - and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.
We want to make success accessible to everyone. This is our opportunity. Let's make it count.
Inclusion Statement
Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."
We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.
When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.
Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.