Insurance & Corporate Risk Manager @ GE Healthcare

Finance & Banking (1)

Job Description Summary

The Insurance & Corporate Risk Manager plays a key role in executing GE HealthCare’s global risk management strategy. This position is responsible for managing insurance program operations, claims oversight, and compliance activities.

Operating with autonomy within established frameworks, the Risk Manager utilizes in-depth knowledge of insurance and risk management disciplines and applies analytical thinking to support program execution, risk mitigation, and regulatory adherence. The role collaborates across functions to ensure functional continuity, financial accuracy, and operational excellence. This position will be reporting to the Associate Director, Global Risk Management & Insurance and work closely with the Risk Management Team.

GE HealthCare is a leading global medical technology and digital solutions innovator.  With over 100 years of healthcare industry experience and around 50,000 employees globally, the company operates at the center of an ecosystem working toward precision health, digitizing healthcare helping drive productivity and improving outcomes for patients, providers, health systems and researchers around the world.   

Job Description

Insurance & Risk Management is responsible for protecting GE HealthCare and its shareholders from unforeseen loss. The Risk Management & Insurance function coordinates global insurance coverages, sets the strategy and guidelines for risk management efforts and insurance procurement at the subsidiary level as well as partners with business functions to identify, assess and manage risks.

Responsibilities

Insurance Program Operations, Risk Analytics & Reporting, Compliance & Documentation, Systems & Tools Maintenance, Communications and Stakeholder engagement and Project and Process Support
Execute insurance renewal processes including data collection, underwriting coordination, and strategy implementation
Conduct exposure analysis, support actuarial reviews, and manage dashboards and KPIs
Oversee Casualty claims processes, including high-frequency and complex claims, and support Casualty loss prevention initiatives
Coordinate with Finance on budget forecasts, monthly accruals and support TCOR uploads
Manage post-bind deliverables, policy issuance, and insurer/broker relationships for various processes
Responsible for end-to-end management of global Surety program, including day to day management of brokers, primary contact for internal stakeholders and invoicing process
Create and manage content for the Risk Management website and internal communication platforms
Ensure compliance with AML/KYC, SOX, and regulatory requirements, working closely with internal partners
Support M&A integration
Administer insurance systems and ensure data integrity across platforms
Support contract review inquiries process
Track and report on KPIs, operations metrics, and compliance with internal/external standards
Maintain accurate records in Origami and TeamSite; support audit readiness and documentation standards
Create and maintain workplans, SOPs, job aids, and compliance documentation
Origami system report creation, training, and implementation documentation for accountable processes
Upload and maintain renewal materials and documentation in collaboration platforms (e.g., TeamSite, Origami)
Support internal communications related to insurance renewals and risk initiatives
Leads or supports small-scale projects with low risk and resource requirements, including audits, SOP development, and stakeholder training
Document procedures and build a knowledge base of repeatable solutions

Qualifications

Bachelor’s degree in Finance, Business, Risk Managementor related field
6+ years of experience in corporate risk or insurance operations
Strong understanding of insurance placement, claims, and compliance
Proficiency in data analysis and risk reporting tools
Experience with insurance systems (e.g., Origami) and document management platforms (SharePoint)
Strong communication, judgment, problem-solving, and organizational skills
Ability to operate with autonomy, prioritize effectively, and navigate ambiguity

Desired Characteristics

Experience in a global or highly regulated corporate environment, preferably for a large similar industry
Experience with LEAN methodologies and a strong understanding of continuous improvement principles
Proven ability to develop, track, and analyze Key Performance Indicators (KPIs) to drive performance and operational efficiency
Applied knowledge of insurance and risk management principles and accounting
Professional certifications such as ARM, CPCU, or equivalent
Experience with insurance systems (e.g., Origami, Riskonnect)

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus, and drive ownership –always with unyielding integrity.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything you’d expect from an organization with global strength and scale, and you’ll be surrounded by career opportunities in a culture that fosters care, collaboration, and support.

#LI-BR3

#LI-Onsite/Hybrid

For U.S. based positions only, the pay range for this position is $110,880.00-$166,320.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills, qualifications, experience and location. In addition, this position may also be eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package, including not but limited to medical, dental, vision, paid time off, a 401(k) plan with employee and company contribution opportunities, life, disability, and accident insurance, and tuition reimbursement.

GE HealthCare offers a great work environment, professional development, challenging careers, and competitive compensation. GE HealthCare is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE HealthCare will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.

Relocation Assistance Provided: Yes

Insurance & Corporate Risk Manager

GE Healthcare

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