Insurance Risk Specialist

Insurance Risk Specialist Location Hybrid remote in Newtown Square, PA :

We help the world run better

Our company culture is focused on helping our employees enable innovation by building breakthroughs together. How? We focus every day on building the foundation for tomorrow and creating a workplace that embraces differences, values flexibility, and is aligned to our purpose-driven and future-focused work. We offer a highly collaborative, caring team environment with a strong focus on learning and development, recognition for your individual contributions, and a variety of benefit options for you to choose from. Apply now!

SAP's Global Insurance Risk Management organization oversees all of SAP's worldwide business insurance and risk financing activities and provide risk management and insurance support. Its responsibilities include the development and implementation of SAP's risk financing strategy, the purchase and administration of global and local insurance programs, claims handling and management of supplier relationships. The team provides best practices as a service organization for SAP SE and its subsidiaries worldwide.

To enhance and support the team, we are looking for a process savvy specialist in commercial insurance, with a good understanding of various insurance lines, particularly US specific coverages such as workers compensation and automobile, property, and liability. The position will also support handling of international insurance programs processes and will report to the Head of Global Insurance Risk Management.

Expectations and Tasks:

• Manage and administer US workers compensation an automobile liability insurance programs, including claims management.
• Support management of US property and casualty insurance programs
• Function as corporate point of contact for US workers compensation issues an claims interfacing with human resources and facilities.
• Consult subsidiaries in defined territories, other corporate functions, and management on risk insurance issues, including customer, supplier, and partner contract reviews.
• Engage in insurance controlling and reporting, premium allocations, and invoicing processes.
• Assist team in handling of international insurance programs matters and risk management projects as required.
• Provide management with reports and recommendations concerning insurance and risk related data.
• Manage the Certificate of Insurance issuance process and eCOI website.

Work Experience:

• 2-3 years in working in a, preferably international, insurance and risk environment handling US casualty claims, either in global industrial firm, insurance company, or broker house.

Education and Qualifications/Skills and Competencies:

• Bachelor/University degree in Finance, Insurance and Risk Management or comparable degree
• Fluent in English, both written and oral, comfortable in working in an international environment
• Working knowledge of the US workers compensation system
• Working knowledge of all major property and casualty lines as well as international insurance program matters

We build breakthroughs together

SAP innovations help more than 400,000 customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end business application software and related services for database, analytics, intelligent technologies, and experience management. As a cloud company with 200 million users and more than 100,000 employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, we build breakthroughs, together.

We win with inclusion

SAP's culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone - regardless of background - feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better and more equitable world. SAP is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to the values of Equal Employment Opportunity and provide accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: [email protected]. For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program, according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.

EOE AA M/F/Vet/Disability

Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability.

Compensation Range Transparency : SAP believes the value of pay transparency contributes towards an honest and supportive culture and is a significant step toward demonstrating SAP's commitment to pay equity. SAP provides the annualized compensation range inclusive of base salary and variable incentive target for the career level applicable to the posted role. The targeted combined range for this position is 64,400-146,400 USD. The actual amount to be offered to the successful candidate will be within that range, dependent upon the key aspects of each case which may include education, skills, experience, scope of the role, location, etc. as determined through the selection process. Any SAP variable incentive includes a targeted dollar amount and any actual payout amount is dependent on company and personal performance. Please reference this link for a summary of SAP benefits and eligibility requirements: SAP North America Benefits.

Requisition ID: 381823 | Work Area: Administration | Expected Travel: 0 - 10% | Career Status: Professional | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid