Senior Manager, Global Insurance Risk Management

Req ID: 130331

Remote Position: Hybrid

Region: Americas

Country: Canada

State/Province: Ontario

City: Toronto

Responsible for the strategic design, implementation, and governance of Celestica's global corporate insurance program and enterprise risk transfer policies. Establish processes worldwide to ensure the policies and strategies are effectively carried out.

Reporting directly to the Vice President, Treasury, the Senior Manager, Global Insurance Risk Management is a strategic and operational leader responsible for the comprehensive design, placement, and administration of Celestica's entire worldwide corporate insurance portfolio. This role acts as the primary subject matter expert, developing and implementing global policies and strategies for risk management and the corporate insurance program, while establishing processes worldwide to ensure these strategies are effectively carried out. The Senior Manager is critical to protecting the company's physical and financial assets, overseeing complex claims, ensuring robust risk transfer and compliance across the multinational manufacturing and supply chain operations, all while leading and mentoring a team of one direct report.

• Lead global risk management and coverage strategy, ensuring identified risks are addressed via mitigation, self-insurance, alternative risk transfer, or external insurance placement
• Lead and execute the annual global insurance renewal process across all required lines of coverage, including Global Property, Casualty, General Liability, Directors & Officers (D&O), Cyber Liability, Marine Cargo, and Product Liability.
• Manage and validate the collection of global exposure information across multiple countries, and oversee the accurate allocation of premiums to various business units (SBUs).
• Serve as the primary liaison for brokers, third-party administrators, and underwriters, driving negotiation of coverage terms, limits, and pricing to optimize cost and protection.
• Act as the senior internal claims advocate for all major global incidents (Property, General Liability), directing third-party administrators and legal counsel to ensure maximum recovery and favorable resolution.
• Advise internal Legal, Sales, and Procurement teams by reviewing commercial contracts to ensure compliance with insurance clauses, indemnity requirements, and risk transfer obligations.
• Collaborate with Global Real Estate, Facilities, and Operations teams to drive and implement loss prevention programs aimed at pre-claim exposure mitigation.
• Participate as the subject matter expert on Merger & Acquisition (M&A) due diligence activities and lead the subsequent insurance integration and exposure consolidation.
• Manage, mentor, and develop the Insurance Analyst/Specialist, overseeing daily workflow and fostering technical development.

• Lead global risk management and coverage strategy, ensuring identified risks are addressed via mitigation, self-insurance, alternative risk transfer, or external insurance placement
• Lead and execute the annual global insurance renewal process across all required lines of coverage, including Global Property, Casualty, General Liability, Directors & Officers (D&O), Cyber Liability, Marine Cargo, and Product Liability.
• Manage and validate the collection of global exposure information across multiple countries, and oversee the accurate allocation of premiums to various business units (SBUs).
• Serve as the primary liaison for brokers, third-party administrators, and underwriters, driving negotiation of coverage terms, limits, and pricing to optimize cost and protection.
• Act as the senior internal claims advocate for all major global incidents (Property, General Liability), directing third-party administrators and legal counsel to ensure maximum recovery and favorable resolution.
• Advise internal Legal, Sales, and Procurement teams by reviewing commercial contracts to ensure compliance with insurance clauses, indemnity requirements, and risk transfer obligations.
• Collaborate with Global Real Estate, Facilities, and Operations teams to drive and implement loss prevention programs aimed at pre-claim exposure mitigation.
• Participate as the subject matter expert on Merger & Acquisition (M&A) due diligence activities and lead the subsequent insurance integration and exposure consolidation.
• Manage, mentor, and develop the Insurance Analyst/Specialist, overseeing daily workflow and fostering technical development.

• Duties of this position are performed in a normal office environment.
• Duties may require extended periods of sitting and sustained visual concentration on a computer monitor or on numbers and other detailed data.
• Repetitive manual movements are frequently required (e.g. data entry, using a computer mouse, using a calculator, etc.).
• Occasional overnight travel may be required.

• Minimum of 8 years of progressive experience in corporate risk management and/or commercial insurance brokerage, with at least 3 years of experience in a leadership or management role at a large multinational company.

• Bachelor's degree in Business, Finance, Risk Management, or a quantitative field. Additionally, a specialization in insurance or risk management would be an asset.
• Professional risk management designation is highly preferred.

This job description is not intended to be an exhaustive list of all duties and responsibilities of the position. Employees are held accountable for all duties of the job. Job duties and the % of time identified for any function are subject to change at any time.

Celestica 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, age, pregnancy, genetic information, disability, status as a protected veteran, or any other protected category under applicable federal, state, and local laws.

At Celestica we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. Special arrangements can be made for candidates who need it throughout the hiring process. Please indicate your needs and we will work with you to meet them.

COMPANY OVERVIEW:

Celestica (NYSE, TSX: CLS) enables the world's best brands. Through our recognized customer-centric approach, we partner with leading companies in Aerospace and Defense, Communications, Enterprise, HealthTech, Industrial, Capital Equipment and Energy to deliver solutions for their most complex challenges. As a leader in design, manufacturing, hardware platform and supply chain solutions, Celestica brings global expertise and insight at every stage of product development – from drawing board to full-scale production and after-market services for products from advanced medical devices, to highly engineered aviation systems, to next-generation hardware platform solutions for the Cloud.

Headquartered in Toronto, with talented teams spanning 40+ locations in 13 countries across the Americas, Europe and Asia, we imagine, develop and deliver a better future with our customers.

Celestica would like to thank all applicants, however, only qualified applicants will be contacted.

Celestica does not accept unsolicited resumes from recruitment agencies or fee based recruitment services.