Senior Manager Risk & Insurance

Job description

At Trane TechnologiesTM (https://www.tranetechnologies.com/en/index.html ) and through our businesses including Trane® ( https://www.trane.com/index.html ) and Thermo King® ( https://www.thermoking.com/na/en.html) , we create innovative climate solutions for buildings, homes, and transportation that challenge what’s possible for a sustainable world.

We're a team that dares to look at the world's challenges and see impactful possibilities.

We believe in a better future when we uplift others and enable our people to thrive at work and at home.

We boldly go.

**What’s in it for you:**

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient environments, it’s our responsibility to put the planet first.

For us at Trane Technologies, sustainability is not just how we do business—it is our business.

Do you dare to look at the world's challenges and see impactful possibilities?

Do you want to contribute to making a better future?

If the answer is yes, we invite you to consider joining us in boldly challenging what’s possible for a sustainable world.

**Thrive at work and at home:**

+ Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives – WE DARE TO CARE!
+ Family building benefits include fertility coverage and adoption/surrogacy assistance.
+ 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.
+ Paid time off, including in support of volunteer and parental leave needs.
+ Educational and training opportunities through company programs along with tuition assistance and student debt support.
+ Learn more about our benefits here (https://careers.tranetechnologies.com/global/en/benefits) !

**Where is the work:**

This position has been designated as a Hybrid work schedule with work performed onsite 3 days each week.

 

**Job Summary:**

The Risk Management & Insurance function at Trane Technologies is doing its part in helping the company continue along its path of providing innovative solutions to mitigate and/or transfer risk to protect the corporation’s physical and financial assets.

The Senior Manager - Risk Management & Insurance has responsibility for directing the Corporation’s insurance programs from risk assessment through program implementation and monitoring of effectiveness.

The Risk Management & Insurance function is a key resource in advising Trane Technologies business management on the identification and management of risk exposures.

As such, the Senior Manager - Risk Management & Insurance must develop strong internal and external relationships to be effective.

**What you will do:   **

+ Determining appropriate coverage for all international insurance programs including global property, international product & auto liability, nuclear liability, aircraft products liability, global marine and equipment rental insurance
+ Optimize placement, renewal, administration and claims resolution for all international programs
+ Direct report responsibilities for Analyst position
+ Preparing Insurance Budget, Accrual activities and allocations to SBU’s
+ Work closely with safety and legal departments in directing, planning and administering key loss prevention and risk management programs and procedures
+ Management of department’s Sarbanes Oxley reporting requirements
+ Assisting Director Risk Management & Insurance in management of wholly owned Captive Insurance companies
+ Oversight of Department third party service providers including claims administrators, actuarial consultants and brokers
+ Advise businesses regarding risk exposures and applicable insurance coverage regarding customer projects and contractual agreements
+ Manage the broker’s international network of resources to provide day-to-day support for Trane Technologies international operations
+ Manage oversight of country-specific policies to ensure compliance in all countries in which Trane Technologies operates.
+ Oversee Trane Technologies property protection program, work with loss control representatives, participate in annual on-site property loss control visits, review insurer’s property inspection recommendations and lead in the development of coordinated responses to recommendations

**What you will bring: **

+ Minimum 10-15 years’ risk management experience with increased responsibility and varied duties in multinational corporate risk management environment
+ Strong interpersonal and communication skills to interact with business leaders and effectively manage third party vendors
+ Sound analytical techniques and ability to understand financial concepts
+ The ability to propose creative recommendations which are value added
+ Bachelors degree; Risk Management designation (ARM or equivalent)

**Compensation:  **  

Base Pay Range: $154,100-194,500

Total compensation for this role will include a commission/incentive plan.

Disclaimer: This base pay range is based on US national averages.

Actual base pay could be a result of seniority, merit, geographic location where the work is performed.

** Equal Employment Opportunity: **  

We offer competitive compensation and comprehensive benefits and programs.

We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.

Required Skill Profession

Other General