Risk Analyst

nVent · Minneapolis–Saint Paul, MN

Company

nVent

Location

Minneapolis–Saint Paul, MN

Type

Full Time

Job Description

We're looking for people who put their innovation to work to advance our success - and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

This role supports the Risk & Insurance Department and is responsible for the global procurement of insurance and Fleet Management. It provides claim support/oversight, leads risk transfer, manages fleet vendor relationships, and explores initiatives to reduce and mitigate risk to the business on an enterprise-wide scale.

In this role you get to:

  • Assist with compiling and analyzing renewal and claims data to support insurance placements
  • Maintain overall vendor relationship with the outsourced fleet administrator/manager
  • Ensure fleet program is aligned with overall nVent strategy and goals (e.g. Environmental Sustainability Governance initiatives) and partners with outsourced vendors & key stakeholders to prioritize fleet related projects and initiatives
  • Manage claim activities, including collaborating with internal legal and management teams, insurers, claim adjusters, and outside counsel
  • Manage the corporate surety program for both renewal and new bonds
  • Manage the timely issuance of insurance certificates and auto ID cards
  • Review quotes, binders and policies for accuracy
  • Provide cost monitoring and controls for nVent's risk & fleet programs

YOU HAVE:

  • Bachelor's degree in Business Administration, Accounting or Finance or 5 years of related experience
  • 3+ years of risk management required. Fleet Management related field experience preferred, ideally with multi-national manufacturing company experience
  • Occasional travel (up to 10%) may be required

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
    • At nVent, we connect and protect a more sustainable and electrified world with inventive electrical solutions. We're a nearly $3 billion high-performance electrical company with a dedicated team of 10,000+ people at more than 130 sites around the world. Our solutions deliver value to industrial, commercial, residential, energy and infrastructure customers, providing mission critical solutions that improve performance, lower costs and reduce downtime.
    • We design, manufacture, market, install and service high-performance products and solutions that connect and protect mission critical equipment, buildings and essential processes. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER.

  • Commitment to strengthen communities where our employees live and work
    • We encourage and support the philanthropic activities of our employees worldwide
    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We're known for being:
    • Innovative & adaptable
    • Dedicated to absolute integrity
    • Focused on the customer first
    • Respectful and team oriented
    • Optimistic and energizing
    • Accountable for performance
  • Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other's authenticity because we understand that uniqueness sparks growth.

#LI-JT1

#LI-Hybrid

Date Posted

10/24/2023

Views

3

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