Insurance Risk Analyst

Company Description

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company that provides branding and information labeling solutions, including pressure-sensitive materials, radio-frequency identification (RFID) inlays and tags, and a variety of converted products and solutions. The company designs and manufactures a wide range of labeling and functional materials that enhance branded packaging, carry or display information that connects the physical and the digital, and improve customers’ product performance. The company serves an array of industries worldwide, including home and personal care, apparel, e-commerce, logistics, food and grocery, pharmaceuticals and automotive. The company employs approximately 36,000 employees in more than 50 countries. Reported sales in 2022 were $9.0 billion. Learn more at www.averydennison.com.

At Avery Dennison, some of the great benefits we provide are:

• Health & Wellness benefits starting on day 1 of employment
• Paid parental leave
• 401K eligibility
• Tuition reimbursement
• Flexible work arrangements
• Employee Assistance Program eligibility / Health Advocate
• Paid vacation and Paid holidays

Job Description

Hybrid opportunity and must be able to commute to Mentor, OH 2 days a week.

The Risk Analyst is an integral part of the Risk Management team, providing guidance in insurance and risk management matters under the direct supervision of the Director, Risk Management and working with the Risk Manager.

Primary Responsibilities:

• Assist in the management of the following global insurance programs that consists of renewals, claims, and insurance recovery processes:

1. Workers’ Compensation/Employer’s Liability
2. General Liability
3. Automobile Liability
4. Umbrella and Excess Liability
5. Product Recall/Withdrawal
6. Property
7. Stock Throughput

• Collaborate with the EHS team on the implementation, scheduling and impact of the global property loss control plan and infrared program.
• Provide support to the business divisions as needed for the programs above (e.g. certificates of insurance, auto ID cards, posting notices, etc.).
• In coordination with the Director, Risk Management, coordinate the department’s annual operating plan, including preparation of monthly and quarterly variance reports, and accruals as part of the annual budget process.
• Ensure timely payment of all program and department invoices, tracking against the annual operating plan.
• Continuously find opportunities for improvement for our programs, as well as potential cost/time-savings initiatives.
• Assist Risk Manager with the administration of our Risk Management Information System and intranet portal.
• Assist in the company’s semiannual Enterprise Risk Management processes.
• Work with the Director, Risk management to support Avery Dennison’s captive insurance company.
• Assist in with acquisition diligence and integration.
• Perform other related duties requiring a high degree of judgment and discernment in handling sensitive and confidential matters, as assigned.

Onsite/Hybrid position

Qualifications

• Bachelor’s degree in Risk Management, Business, Accounting, Finance or related field. MBA or legal background a plus.
• 2-6 years or more experience working either in a corporate risk management environment with global risks or at an insurance broker/consultant working on large, complex accounts.
• ARM Certification or similar insurance certification a plus, or desire to acquire certification in support of personal development and departmental capability.
• Diligent with outstanding analytical and organizational skills.
• Strong oral and written communication skills, including ability to effectively present complex topics in a persuasive and concise manner.
• Ability to influence, empower and collaborate with others to quickly achieve results, particularly with a geographically dispersed client base.
• Ability to effectively plan, organize, direct and control projects.
• Limited travel may be required.
• Teammate with a high energy, positive outlook and professional demeanor who takes initiative to advance within the department and promote enhanced visibility of the entire function.

Additional Information

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or other protected status. EEOE/M/F/Vet/Disabled. All your information will be kept confidential according to EEO guidelines. If you require accommodations to view or apply for a job, alternative method