Risk Management Principal Specialist

What Makes a Honda, is Who makes a Honda
Honda has a clear vision for the future, and it’s a joyful one.  We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success.  We strive to be a company that serves as a source of “power” that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize “the joy and freedom of mobility” by developing new technologies and an innovative approach to achieve a “zero environmental footprint.”

We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team.

If your goals and values align with Honda’s, we want you to join our team to Bring the Future!

Job Purpose: 

The purpose of this role is to identify both insurable and non-insurable risks and be able to provide recommendations around risk tolerance and mitigation. This role is expected to build relationships, gain trust, find common ground, and use a team-building approach to solve problems and accomplish goals.

This position is part of the Team that supports all American Honda business units and is responsible for 150+ commercial insurance placements across 20 lines of coverage dealing with numerous internal and external partners. Seeking specific experience with Property Employment Practices Liability, Workers’ Compensation, and various other placements. This should include experience with U.S. and international markets.

Key Accountabilities:

• Strategize, set direction/design for various Property & Casualty insurance placements and captive led programs. Work on claims for associated programs including subrogation opportunities as they arise.
• Activities include: providing required loss information to markets, putting together market submission, working with facilities safety, giving presentations to underwriters, generation of Property Reserve Reports and Claims Bordereau, interaction with finance and auditors, keeping all markets and brokers throughout the year up to date on large Property and Workers’ Compensation claims, producing monthly claims reviews, communication of Workers’ Compensation Associate Safety Overview/Programs, pre-employment procedures, injury management programs, other safety summaries and communications to external providers, and managing Honda’s property insurance engineering program by identify hazards and evaluate risk though routine inspections, consultations and risk reduction recommendations.
• Review agreements, contracts and request for proposals for multiple internal customers as needed.
• Represent Risk Management and Insurance on various internal committees (i.e., safety).
• Responsible for addressing Risk Management and Insurance questions from associates, brokers, carriers and claims Third Party Administrators. This can include performing risk assessments on new risks that arise.
• Responsible for managing the consolidation and continued efforts to increase efficiencies to risk finance programs.
• Bring consensus regarding assumption of risk and aligning risks with risk finance/insurance program across various independent entities.
• Improve processes and ensure compliance while acting as a resource for other departments.

Qualifications, Experience, and Skills:

• BA in Business or Economics preferred, CPCU and/or ARM also preferred
• 10 years of Risk Management and Insurance at a Fortune 500 company, insurer, or broker environment. Seeking experience in placing Property and Workers’ Compensation for large and complex manufacturing risks across U.S., and international markets.
• Project Management Skills
• Effectively sell ideas/negotiation skills required
• Power BI preferred AI integration/automation

What differentiates Honda and makes us an employer of choice?

Total Rewards: 

• Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)
• Regional Bonus (when applicable)
• Manager Lease Car Program (No Cost - Car, Maintenance, and Insurance included)
• Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)
• Paid time off, including vacation, holidays, shutdown
• Company Paid Short-Term and Long-Term Disability 
• 401K Plan with company match + additional contribution
• Relocation assistance (if eligible)

Career Growth:

• Advancement Opportunities
• Career Mobility
• Education Reimbursement for Continued learning
• Training and Development Programs 

Additional Offerings:

• Lifestyle Account
• Childcare Reimbursement Account
• Elder Care Support
• Tuition Assistance & Student Loan Repayment
• Wellbeing Program
• Community Service and Engagement Programs
• Product Programs
• Free Drinks Onsite

Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.