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Director, Risk Management and Insurance

Intel
Santa Clara, United Statesfull_timeVerifiedPosted 2 Apr 2025
💰 $270,040/yr($191,280/yr$270,040/yr)

About the role

Job Details:

Job Description: 

The Director, Risk Management and Insurance, reports directly to the Santa Clara based Treasurer and is a key member of the Treasury staff. This individual and their global team are responsible for managing global risk and insurance programs for Intel. Management includes policy renewals, claims management, captive management and administration, and consultation with business units. The function is sized for six team members, including this role. The team is located in the US, Israel and Costa Rica.

Responsibilities include:

  • Structuring, negotiation, and renewal of Intel's primary insurance programs: Director and Officer, Fiduciary, Property, Political Violence, Cargo, Cyber, General Liability, Worker's Compensation, Captive Insurance entity and Owner Controlled Construction.

  • Management of our captive insurance program - The team works closely with Intel's HR organization to manage certain employee benefit policies and other renewals.

  • The team manages third party adjusters (TPA) for claims management/processing and supports business units with insurance assessments and placements for new businesses, events, and other needs (M&A, etc.).

  • Ensuring robust control processes and compliance, including governance of vendors and service providers to ensure best of breed capability.

  • Identification and implementation of process efficiency and automation opportunities with our risk management system and other third-party providers.

  • Close interactions and collaboration across the broader treasury, finance, and partner organizations to drive key business initiatives.

Qualifications:

  • MBA or BA/BS in Finance, Risk Management or related discipline, relevant industry certification a plus.

  • 10+ years of related experience in a large multinational corporate environment.

  • Proven leadership, people management capabilities, and track record for team development.

  • Strong executive presence, communication skills, commercial acumen, and negotiating experience.

  • Ability to converse with senior management and external partners.

  • Solid understanding of the commercial insurance markets, insurance carriers, underwriters and broker relationship management.

  • Ability to network across the company, including ability to travel to support global initiatives and team management as required.

          

Job Type:

Experienced Hire

Shift:

Shift 1 (United States of America)

Primary Location: 

US, California, Santa Clara

Additional Locations:

US, Arizona, Phoenix, US, California, Folsom, US, Oregon, Hillsboro

Business group:

As members of the Finance team, employees act as full partners in making and supporting business decisions that are aimed at maximizing shareholder value. Intel Finance has a strong focus on facilitating change and improvement both within finance and in the operations supported.

Posting Statement:

All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

Position of Trust

This role is a Position of Trust. Should you accept this position, you must consent to and pass an extended Background Investigation, which includes (subject to country law), extended education, SEC sanctions, and additional criminal and civil checks. For internals, this investigation may or may not be completed prior to starting the position. For additional questions, please contact your Recruiter.

Benefits:

We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as, benefit programs which include health, retirement, and vacation.  Find more information about all of our Amazing Benefits here:

https://jobs.intel.com/en/benefits

Annual Salary Range for jobs which could be performed in the US:

$191,280.00-$270,040.00

Salary range dependent on a number of factors including location and experience.

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Company

Intel

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