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Risk Manager

Job Description• As a Risk Manager you will support the corporate Director Risk Management in the day-to-day functional responsibilities and all aspects of corporate insurance programs.• Focuses on priorities of the four BAE Systems, Inc. Sectors• Responsibilities include compilation of underwriting information and coverage placement• Rendering guidance to the Business Units on preferred contractual risk management policies & processes; facilitating the Inc. insurance program renewals and new placements;, performing critical risk management administrative duties specific to sectors.• Comfortable communicating with functional groups as well as project teams• Strong ability to understand business challenges, think strategically and quickly synthesize information for the purpose of simplifying and accelerating decision-making.• Facility in speaking in front of smaller and larger groups• Work collaboratively with the Risk Management and Insurance team to ensure the exposures are identified and analyzed on an ongoing basis.• Periodic travel may be required (e.g., property risk surveys, underwriter meetings, policyholder conferences, etc.)• Provide support in the execution of the strategy and operational objectives of the risk management and insurance function.• Develop analysis and reporting as needed.• Lead projects as assigned and as needed.Required Education, Experience, & Skills• Bachelor’s Degree required• 5+ years of experience working for a global government contractor or in the insurance industry.• Prior experience with Microsoft Office (Outlook, Word, Excel, PowerPoint)Preferred Education, Experience, & SkillsAdditional education in Risk Management and Insurance Preferred.Pay InformationFull-Time Salary Range: $102800 - $174800Please note: This range is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to: business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.Employee Benefits: At BAE Systems, we support our employees in all aspects of their life, including their health and financial well-being. Regular employees scheduled to work 20+ hours per week are offered: health, dental, and vision insurance; health savings accounts; a 401(k) savings plan; disability coverage; and life and accident insurance. We also have an employee assistance program, a legal plan, and other perks including discounts on things like home, auto, and pet insurance. Our leave programs include paid time off, paid holidays, as well as other types of leave, including paid parental, military, bereavement, and any applicable federal and state sick leave. Employees may participate in the company recognition program to receive monetary or non-monetary recognition awards. Other incentives may be available based on position level and/or job specifics.About BAE Systems, Inc.BAE Systems, Inc. is the U.S. subsidiary of BAE Systems plc, an international defense, aerospace and security company which delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. Improving the future and protecting lives is an ambitious mission, but it’s what we do at BAE Systems. Working here means using your passion and ingenuity where it counts – defending national security with breakthrough technology, superior products, and intelligence solutions. As you develop the latest technology and defend national security, you will continually hone your skills on a team—making a big impact on a global scale. At BAE Systems, you’ll find a rewarding career that truly makes a difference.Our Commitment to Diversity, Equity, and Inclusion:At BAE Systems, we work hard every day to nurture an inclusive culture where employees are valued and feel like they belong. We are conscious of the need for all employees to see themselves reflected at every level of the company and know that in order to unlock the full potential of our workforce, everyone must feel confident being their best, most sincere self and be equipped to thrive. We provide impactful professional development experiences to our employees and invest in social impact partnerships to uplift communities and drive purposeful change. Here you will find significant opportunities to do meaningful work in an environment intentionally designed to be one where you will learn, grow and belong.

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$125K
$135K

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What You Should Know About Risk Manager, BAE Systems

As a Risk Manager at BAE Systems, Inc. in Falls Church, VA, you have the unique opportunity to be a pivotal force in shaping our corporate risk strategies. In this role, you'll support the corporate Director of Risk Management by engaging deeply with all aspects of our insurance programs and guiding various Business Units on key contractual risk management policies. Your day-to-day will involve compiling underwriting info, managing insurance renewals, and tackling critical risk management tasks tailored to our sectors. We value your ability to streamline complex information, allowing for quick, strategic decision-making in challenging business scenarios. Whether you're presenting to a small group or a larger audience, your communication skills will shine as you work collaboratively with the Risk Management and Insurance team. Periodic travel may be required for activities such as property risk surveys or policyholder conferences, and at the heart of it all, you’ll be helping to execute our risk management objectives with precision. With a Bachelor’s degree and at least five years of experience in the global government contracting or insurance sectors under your belt, you'll have the foundation to thrive in this role. Join us at BAE Systems, where you can make a significant impact on national security with innovative technology and a commitment to improving lives.

Frequently Asked Questions (FAQs) for Risk Manager Role at BAE Systems
What are the main responsibilities of a Risk Manager at BAE Systems, Inc.?

As a Risk Manager at BAE Systems, Inc., your primary responsibilities include assisting the corporate Director of Risk Management, managing corporate insurance programs, compiling underwriting information, facilitating insurance renewals, and providing guidance on risk management policies while collaborating closely with business units.

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What qualifications are needed to apply for the Risk Manager position at BAE Systems, Inc.?

To apply for the Risk Manager position at BAE Systems, Inc., candidates need a Bachelor’s degree and a minimum of 5 years of relevant experience, ideally in the global government contractor sector or the insurance industry. Additional education in Risk Management and Insurance is preferred.

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Is public speaking a requirement for the Risk Manager role at BAE Systems, Inc.?

Yes, as a Risk Manager at BAE Systems, Inc., you will be comfortable speaking in front of both small and large groups, delivering presentations, and effectively communicating risk-related insights to diverse audiences.

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What skills are essential for a Risk Manager at BAE Systems, Inc.?

Essential skills for a Risk Manager at BAE Systems, Inc. include strong analytical capabilities, the ability to synthesize complex information, strategic thinking, excellent communication skills, and proficiency in Microsoft Office applications such as Outlook, Word, Excel, and PowerPoint.

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Does the Risk Manager position at BAE Systems, Inc. involve travel?

Yes, the Risk Manager position at BAE Systems, Inc. may require periodic travel for property risk surveys, underwriter meetings, and participation in policyholder conferences, providing opportunities to engage in various aspects of risk management.

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Common Interview Questions for Risk Manager
Can you describe your experience with risk analysis methods as a Risk Manager?

In answering this question, highlight specific risk analysis methods you've used in past roles, such as qualitative or quantitative analysis. Discuss how you interpreted data to influence decision-making and mitigate risks effectively.

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How do you prioritize multiple risk management tasks?

Explain your approach to prioritization, which might include assessing the urgency and impact of each task, then how you organize your workload. Share examples from your experience where you successfully managed competing priorities.

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What strategies do you use to communicate risk management concepts to non-experts?

Discuss your techniques for simplifying complex concepts, such as using visuals or analogies. Provide an example of how you effectively communicated risk information to a non-technical audience, ensuring understanding and alignment.

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Describe a challenging risk management issue you encountered and how you resolved it.

Share a specific challenge, detailing the context, the actions you took, and the outcome. This answer should highlight your problem-solving skills and ability to navigate difficult situations in risk management.

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How do you stay updated on industry trends in risk management?

Mention resources you follow, such as industry publications, webinars, or professional organizations. Stress your commitment to lifelong learning and how staying current helps you implement best practices.

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What is your experience with corporate insurance programs?

Discuss your background related to managing or collaborating on corporate insurance programs, including any specific types of coverage you have dealt with and how you ensured compliance with organizational policies.

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How do you conduct risk assessments within an organization?

Detail your methodology for conducting risk assessments, including gathering data, engaging stakeholders, identifying potential risks, and analyzing their impact. Use real examples to demonstrate your approach.

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How do you handle disagreements within project teams regarding risk management strategies?

Illustrate your conflict resolution skills by explaining your process for facilitating discussions, understanding differing perspectives, and achieving consensus on risk management strategies.

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What has been your approach to managing relationships with external insurance partners?

Discuss your communication style, negotiation tactics, and how you ensure positive outcomes when liaising with external insurance partners. Emphasize your ability to build and maintain these relationships.

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How do you measure the effectiveness of a risk management program?

Explain the metrics or KPIs you use to assess the effectiveness of risk management programs. Describe how data-driven insights can lead to the continuous improvement of risk strategies.

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Our culture focuses not on what we do, but on how we do it. If we focus on the how, the future that we wish to attain will follow. We have a culture of Total Performance; a commitment to the highest standards in every aspect of the way we do busi...

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Full-time, on-site
DATE POSTED
December 12, 2024

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