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Property Risk Manager
Lockheed Martin
Application
Details
Posted: 01-May-25
Location: Bethesda, Maryland
Type: Full Time
Salary: 122000 - 203400
Certification Status:
N/A
Required Education:
4 Year Degree
Additional Information:
Hybrid/Remote is allowed.
Employer will assist with relocation costs.
Lockheed Martin is seeking a seasoned Risk Management and Insurance professional to lead its property insurance programs. The successful candidate will be responsible for managing the company's domestic and international Property, Cargo, Marine, and Financial insurance programs, as well as providing general risk management support to the Rotary & Mission Systems (RMS) business area. This leadership role will report to the Director, Risk Management in Bethesda, MD.
Key Responsibilities: • Develop, implement, and administer insurance programs, including renewals, claims management, and policy compliance • Provide risk management support to the RMS business area, including contract review, risk analysis, and bid and proposal support • Manage claims, ensure compliance with policy reporting requirements, and develop performance standards for claim handling • Identify risks, develop risk management strategies, and document risk reviews • Support M&A activity, respond to business unit risk management needs, and arrange surety bonds as necessary • Direct analyses and definition of potential loss areas, determine appropriate loss protection, and ensure compliance with legal requirements • Oversees preparation of broker or underwriter bids, evaluates bids, and recommends or concludes insurance contracts • Develop and coordinate property loss control programs to prevent losses and reduce premiums
Work Environment: - Team is based in Bethesda, MD with approximately 10% travel to business area sites and vendor meetings domestically and internationally. - Expectation is team comes to office 2 days per week for collaboration, meetings w/alliance partners and internal stakeholders.
If interested, please submit application directly through Lockheed Martin's Career website below:
• Minimum 10 years of experience in corporate risk management, insurance brokerage, or insurance company operations • Familiarity with basic Property/Casualty insurance concepts • Depth of knowledge and understanding of Property/Casualty insurance coverages and exclusions • Effective communication skills (verbal and written) • Demonstrated business acumen • Demonstrated use of financial modeling in solving challenges • Ability to accept new assignments and responsibilities, with a desire to expand skillset to include all aspects of risk management
Desired skills :
• 15 years of experience in corporate risk management, insurance brokerage, or insurance company operations preferred • Bachelor's and/or Master's degree, ARM, and/or CPCU certifications • Demonstrated technical expertise in Property Insurance, including claims management and loss control • Familiarity with U.S. Government contracting practices and acquisition regulations • Effective project management skills • Effective use of Microsoft Office applications, primarily Excel, PowerPoint, and Outlook
It takes extraordinary talent to engineer aerospace and defense solutions nations depend on—and that's exactly why you're here.
We've been a Fortune 500 Company for nearly 30 years,
and our history stretches back over a century.
Headquartered in Bethesda, MD, we're organized around four core business areas, which you can learn about by clicking below.
While each BA delivers unique, compelling and critical work, our global team remains united by a passion for purposeful innovation.
What’s In It For You
From onsite to remote, we offer flexible work schedules to comprehensive benefits investing in your future and security, Learn more about Lockheed Martin’s comprehensive benefits package here.
Lockheed Martin provides the resources and the flexibility to enable inspiration and focus! If you have the passion and courage to dream big, work hard, and have fun doing what you love then we want to build a better tomorrow with you!