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Director, Corporate Insurance & Risk

Director, Corporate Insurance & Risk

WorkdayPleasanton, CA, US
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Director, Corporate Insurance & Risk

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.

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 the 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 and 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 with insurance markets.
  • Develop a global risk management strategy that supports business growth and innovation while protecting the company's assets.
  • Set the strategic direction for all corporate insurance programs.
  • Develop and execute the captive insurance entity's strategic business plan, aligning it with the parent company's risk management & financial objectives.
  • Lead, mentor, and develop a high-performing team of treasury professionals.
  • Drive continuous improvement initiatives to enhance efficiency, effectiveness, and scalability of risk management.

About You

Required Qualifications :

  • 10+ years of progressive experience in Insurance Risk Management, with at least 5 years in a leadership role at a large multinational company.
  • Bachelor's Degree is required.
  • Experience with Captive solutions is required.
  • Detailed understanding of policies and best practices of risk management.
  • Preferred Qualifications :

  • Strong track record of building and scaling global risk management teams.
  • Experience working in a fast-paced environment and handling multiple projects simultaneously.
  • Ability to communicate effectively and articulate ideas and results to senior leadership.
  • Strong track record of working effectively with and building relationships with both internal functional experts and external partners and advisors.
  • Professional designation desirable (ARM or CRM).
  • Track record of maintaining integrity while moving with agility and innovating.
  • Workday pay ranges vary based on work location. As a part of the total compensation package, this role may be eligible for the Workday Bonus Plan or a role-specific commission / bonus, as well as annual refresh stock grants. Recruiters can share more detail during the hiring process. Each candidate's compensation offer will be based on multiple factors including, but not limited to, geography, experience, skills, job duties, and business need, among other things. For more information regarding Workday's comprehensive benefits, please click here.

    Primary Location : USA.CA.Pleasanton Primary Location Base Pay Range : $215,300 USD - $322,900 USD Additional US Location(s) Base Pay Range : $181,800 USD - $322,900 USD

    With Flex Work, we're combining the best of both worlds : in-person time and remote. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. We know that flexibility can take shape in many ways, so rather than a number of required days in-office each week, we simply spend at least half (50%) of our time each quarter in the office or in the field with our customers, prospects, and partners (depending on role). This means you'll have the freedom to create a flexible schedule that caters to your business, team, and personal needs, while being intentional to make the most of time spent together. Those in our remote "home office" roles also have the opportunity to come together in our offices for important moments that matter.

    Pursuant to applicable Fair Chance law, Workday will consider for employment qualified applicants with arrest and conviction records. Workday is an Equal Opportunity Employer including individuals with disabilities and protected veterans.

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    Director Insurance • Pleasanton, CA, US

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