Director, Corporate Insurance & Risk
WorkdayAbout the role
Your work days are brighter here.
At Workday, it all began with a conversation over breakfast. When our founders met at a sunny California diner, they came up with an idea to revolutionize the enterprise software market. And when we began to rise, one thing that really set us apart was our culture. A culture which was driven by our value of putting our people first. And ever since, the happiness, development, and contribution of every Workmate is central to who we are. Our Workmates believe a healthy employee-centric, collaborative culture is the essential mix of ingredients for success in business. That’s why we look after our people, communities and the planet while still being profitable. Feel encouraged to shine, however that manifests: you don’t need to hide who you are. You can feel the energy and the passion, it's what makes us unique. Inspired to make a brighter work day for all and transform with us to the next stage of our growth journey? Bring your brightest version of you and have a brighter work day here.
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About the Team
We are treasury professionals who love what we do, which is supporting our business through strategic value creation and risk management. With growing complexity in global treasury landscape, our team is excited to tackle new challenges as we grow with the company. We are committed to working hard, having fun, and making an impact.About the Role
We’re looking for an experienced & highly motivated Director, Corporate Insurance & Risk to join Workday’s growing Treasury team. This position will lead the Corporate Insurance & Risk function at Workday, being the insurance subject matter expert and advise internal business partners on potential risks and coverage requirements for company initiatives. This role will have a global reach and will lead the company’s global corporate insurance (including captive insurance entity management). It will drive key initiatives and strategy to build the risk management function and to build a team, systems and policies that scale as the business grows. This role requires the ability to successfully navigate across key stakeholders that include, but is not limited to, business operations, legal, global procurement, product & technology, as well as traditional areas of executive management and finance. This position will report to the Corporate Treasurer.
Responsibilities:
Responsible for leading the worldwide corporate insurance programs, insurance renewals and interaction between insurance brokers and insurers. Serve as risk management contact for insurance brokers and insurance carriers.
Lead all aspects of day-to-day operations for the corporate risk management function including policy administration, Interact with legal (and broker claims advisors) to handle insurance claims in a timely and effective manner to maximize recoveries.
Commercial contract review and negotiation including real estate leases and construction contracts. Review complex contracts and propose insurance terms. Develop and lead insurance negotiation guidelines and contract playbooks.
Manage all aspects of the captive insurance entity’s operations, from financial performance and governance to policy administration and claims.
Lead integration of mergers and acquisitions into global insurance programs by evaluating and securing appropriate coverage, providing post acquisition integration support and ongoing claims management.
Collaborate and work effectively on cross-functional teams with Finance, Legal, HR, Real Estate, Health & Safety and Corporate Security on various risk management programs and initiatives including development, implementation, & monitoring compliance of policies, procedures and safety/risk management playbooks.
Identify and implement continuous improvement initiatives to automate business processes including reporting, analysis and dashboards.
Be the main point of contact from insurance risk management perspective across the company globally.
Keep up with industry trends and form relationships
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