Global Risk Manager

JOIN THE TEAM THAT’S POWERING PROGRESS

Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward.
What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works.  

Learn more about this role and how you can begin driving your career forward!

Benefits:

The below list features some of the benefits currently available. Eligibility may be subject to the terms and conditions of governing documents and available benefits may be subject to change at the company’s discretion.

• Choice of medical plans with prescription coverage

• Employer HSA contribution

• Dental & Vision Insurance

• Paid Parental Leave

• Short & Long-Term Disability

• Other voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance

• 401K with generous Company match & contribution

• Accrued Paid Time Off

• 12 Paid Holidays + 1 Floating Holiday

• Robust employee wellness program

• Tuition assistance program

Job Description:

The Risk Manager, Global Insurance is responsible for managing the company’s global insurance portfolio, including risk identification, assessment, financing, and mitigation strategies. The role ensures the company maintains a comprehensive, cost‑effective global insurance program aligned with corporate objectives, regulatory requirements, and evolving risk exposures. The position partners closely with Legal, Operations, EHS, Facilities, Finance, HR, procurement, sales, and external brokers/insurers. This highly visible role requires strong analytical capabilities, attention to detail, and the ability to communicate complex risk concepts to senior leadership clearly and effectively.

Key Responsibilities:

• Lead the design, placement, renewal, and ongoing administration of the global insurance program, including property, casualty, auto, general liability, product liability, D&O, cyber risk, workers’ compensation, and specialty programs.

• Partner with internal stakeholders and external brokers to evaluate corporate risk exposures, develop risk financing strategies, and ensure adequate coverage terms and limits across all global operations.

• Manage all claims activities, including directing third‑party administrators, coordinating internal fact‑gathering, and reporting claims trends and losses to leadership.

• Support enterprise risk management (ERM) by contributing insights on insurable risks, loss prevention initiatives, and risk mitigation strategies.

• Collect and validate underwriting data, financial information, asset values, operational details, and documentation required for global insurance renewals.

• Analyze exposure data, premiums, loss history, and benchmarking to identify trends and recommend improvements.

• Develop presentations for senior management, Treasury leadership, and the Board regarding insurance updates, renewals, claims activity, and risk profile trends.

• Maintain relationships with insurance carriers, brokers, consultants, and other external risk partners.

• Ensure accurate budgeting, accruals, and forecasting for insurance costs across the global portfolio.

• Serve as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide.

• Support audits, regulatory reviews, and compliance obligations related to risk, insurance, and claims.

• Perform ad-hoc risk assessments, scenario modeling, and special projects as required.

Key Performance Measures:

• Effectiveness and cost-efficiency of global insurance placement and program structure

• Claims management cycle time, quality, and financial outcomes

• Accuracy of forecasting, budgeting, and renewal data submissions

• Internal stakeholder satisfaction and responsiveness

• Quality of analysis, reporting, and insight provided to senior leadership and the Board

Competencies and Behaviors:

• High ethical standards with strong judgment and the ability to handle sensitive information confidentially

• Strong organizational and planning abilities, with exceptional attention to detail

• Ability to manage multiple priorities in a fast‑paced environment

• Intellectual curiosity with strong analytical and problem‑solving skills

• Ability to communicate complex concepts clearly to diverse stakeholders, including executive leadership

• Professional demeanor with strong relationship‑building skills across functions and geographies

Qualifications:

• Bachelor’s degree in Finance, Risk Management, Business, Accounting, or related field

• 5+ years of relevant experience in corporate risk management, insurance brokerage, or insurance underwriting

• Strong understanding of global insurance markets, risk financing concepts, and claims processes

• Advanced proficiency with Microsoft Office (Excel, PowerPoint, CoPilot) for analysis and presentations

• Exceptional written and verbal communication skills

• Ability to travel to global sites

Experience:

• Demonstrated experience managing or supporting complex corporate insurance programs

• Experience with data analysis, loss modeling, and large‑scale risk assessments

• Proven ability to collaborate cross‑functionally and influence without authority

• Familiarity with Treasury, Legal, EHS, and operational risk environments

Scope Factors:

• Works cross-functionally with internal and external stakeholders across global operations

• Handles complex analytical work requiring strong technical skills and business judgment

• Influences significant corporate spending related to insurance premiums and retained risk

• Supports oversight of companywide insurable risk exposure

• Single contributor role who influences executives across the business and manages relationships with insurance brokers and carriers

Travel or Physical Demands:

• Up to 25% domestic and global

Allison Transmission is an equal opportunity employer. We have opportunities for all qualified applicants regardless of age, race, color, sex, religion, creed, national origin, disability, sexual orientation, gender identity/expression or veteran status.

If you are an individual with a disability or a disabled veteran requiring assistance and/or reasonable accommodations reviewing any of the careers information, please contact us at [email protected].

Please note that Allison Transmission will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Allison Transmission will not solicit money or banking information from applicants.