Insurance Programs Director

Job description

Insurance Programs Director Do you enjoy being part of a team that provides high-quality services for our customers? Are you passionate about protecting businesses through strategic risk management and insurance solutions? Join a team that delivers essential services At Baker Hughes, our purpose is clear. We take energy forward, making it safer, cleaner, and more efficient for people and the planet. Effective risk management plays a critical role in protecting our people, assets, operations, and reputation while enabling sustainable business growth. Join a global team that partners across the organization to design, manage, and optimize insurance programs that support our evolving business needs. In this role, you will help shape our risk financing strategy while ensuring effective insurance coverage and governance across a complex international environment. Partner with the best As an Insurance Programs Director , you will lead the strategy, placement, and performance of Baker Hughes' global insurance programs. Working closely with insurers, brokers, business leaders, and functional stakeholders, you will drive effective risk transfer solutions, optimize insurance costs, and ensure the organization is protected against evolving business risks. As an Insurance Programs Director, you will be responsible for: Leading the renewal, negotiation, placement, and administration of global and local insurance programs. Managing relationships with insurers, brokers, third-party administrators, and other insurance partners to maximize value and service delivery. Overseeing claims management activities to ensure timely resolution and positive outcomes for stakeholders and employees. Providing expert guidance on contractual insurance requirements and risk transfer obligations to Legal and business teams. Monitoring insurance program performance, vendor effectiveness, compliance, and service delivery against established objectives. Partnering with HSE, Loss Control, Legal, Finance, Logistics, and other functions to identify and mitigate emerging risks. Analyzing risk exposure, insurance market conditions, claims trends, and total cost of risk to support strategic decision-making. Delivering executive-level reporting and supporting strategic initiatives, including acquisitions, divestitures, and business transformation activities. Fuel your passion To be successful in this role, you will: Hold a Bachelor's degree in Risk Management, Finance, Business, or a related discipline, or possess equivalent professional experience. Have significant experience managing insurance programs, risk management activities, insurance brokerage, underwriting, or risk financing strategies. Demonstrate expertise in global insurance placements, renewals, claims management, and contractual risk transfer. Possess strong analytical skills with the ability to interpret risk data, insurance costs, claims performance, and market trends. Have experience building and managing relationships with insurers, brokers, executive stakeholders, and cross-functional teams. Demonstrate a strong understanding of risk management principles, governance frameworks, and insurance program design. Have a proven track record of leading complex initiatives within global and multicultural business environments. Exhibit excellent communication, negotiation, presentation, and stakeholder management skills, with full professional proficiency in English. Key Competencies Strategic Risk Management Insurance Program Leadership Risk Transfer and Insurance Placement Claims Management and Resolution Commercial and Financial Acumen Data Analysis and Decision Making Stakeholder Engagement and Influencing Governance, Compliance and Risk Reporting Work in a way that works for you We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working pattern: Working flexible hours, allowing you to adjust your workday to maximize productivity and maintain a healthy work-life balance. Working with us Our people are at the heart of what we do at Baker Hughes. We know we are better when all our people are developed, engaged, and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent, and develop leaders at all levels to bring out the best in each other. Working for you Our inventions have revolutionized energy for over a century. To keep moving forward, we continue to push the boundaries of innovation and reward those who embrace change and drive results. Join us, and you can expect: Contemporary work-life balance policies and wellbeing initiatives Comprehensive private medical care options Life insurance and disability coverage programs Tailored financial and retirement programs Additional elected and voluntary benefits Professional development and career growth opportunities within a global organization The Baker Hughes internal title for this role is: Finance Director - Exposure & Risk Management