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HFC - Risk Manager

Company: Hormel Foods Corp
Location: Austin
Posted on: November 19, 2021

Job Description:

Risk Manager Hormel Foods Corporation To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time. ABOUT HORMEL FOODS - Inspired People. Inspired Food.--- Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY--, SPAM--, Hormel-- Natural Choice--, Applegate--, Justin's--, Wholly--, Hormel-- Black Label--, Columbus-- and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement - Inspired People. Inspired Food.--- - to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit and RESPONSIBILITIES: Loss Prevention * Lead the annual review of insurance program for coverage terms, pricing and stability of insurance carriers consistent with corporate goals to achieve optimum coverage at minimal pricing * Provide oversight of Hormel Foods Corporation's captive insurance subsidiary. This includes the Strategic Planning for lines of coverage, pricing, policy wording, financial reporting and regulatory filings of a captive insurance company. * Manage the property loss prevention program for asset preservation. This involves partnering with field engineers, account engineers and underwriters from insurance companies along with broker consultants, plant managers, and engineers of Hormel facilities to maintain a comprehensive loss prevention program. * Partner with internal stakeholders to maintain and improve Business Continuity Planning * Lead the oversight and administration of claims for various losses incurred by the Company. This involves working with business units, claim adjusters, insurance companies and consultants as needed to bring timely closure and equitable settlements. Analytics * Support the Enterprise Risk Management (ERM) process by providing analytics to monitor current risks and evaluate emerging risks * Experience in developing loss expectancy calculations such as Probable Maximum Loss, Probable Expected Loss, etc. QUALIFICATIONS: * Bachelors degree. * 5+ years of related professional experience managing an insurance program * Strong analytical skills to identify and manage risk * Ability to communicate effectively both verbally and in writing * Experience managing broker relationships * Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States * Applicants must not now, or in the future, require sponsorship for an employment visa. Preferred Qualifications: * Certified Risk Manager certification or equivalent LOCATION: Austin, MN. BENEFITS: Hormel Foods offers an excellent benefits package. Competitive base salary plus bonus, annual merit increase performance reviews, medical, dental, vision, non-contributory pension, profit sharing, 401(k), stock purchase plan, relocation assistance, paid vacation. TRAVEL REQUIREMENTS: Travel may be necessary up to 20% of the time For immediate consideration, send apply online at: At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: Hormel Foods Corporation is 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, disability, or veteran status.

Keywords: Hormel Foods Corp, Rochester , HFC - Risk Manager, Executive , Austin, Minnesota

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