Director, Treasury Risk Management (Finance)

Job Posting Start Date 02-05-2025 Job Posting End Date 05-30-2025

Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative products that improve the world.

We believe in the power of diversity and inclusion and cultivate a workplace culture of belonging that views uniqueness as a competitive edge and builds a community that enables our people to push the limits of innovation to make great products that create value and improve people's lives.

A career at Flex offers the opportunity to make a difference and invest in your growth in a respectful, inclusive, and collaborative environment. If you are excited about a role but don't meet every bullet point, we encourage you to apply and join us to create the extraordinary.

Job Summary

To support our extraordinary teams who build great products and contribute to our growth, we're looking to add a Director, Treasury Risk Management located in San Jose, CA or Austin, TX.

Reporting to the Vice President, Assistant Treasurer, the Director, Treasury Risk Management will manage the company's insurance risk management program by identifying, quantifying, controlling and monitoring insurance-related exposures along with maintaining positive working relationships with insurance brokers and underwriters.  The position will have direct responsibility for a full time Risk Analyst.

What a typical day looks like:

• Lead the renewal process for all global insurance programs, quantify risk exposures, and work closely with the insurance brokers on activities which include domestic and international exposures and insurance related issues.
• Manage and oversee annual data gathering process for all lines of insurance including completion of required applications.
• Manage, maintain and update the company's Risk Management Information System (RMIS) to ensure accurate data input and management reporting.
• Coordinate and oversee worldwide property data valuation process to ensure accurate reporting of global values to insurer.
• Utilize broker risk financing tools to understand and control the corporation's “cost-of-risk” while implementing changes and maximizing improvements in programs from the standpoint of both cost and risk mitigation.
• Provide support for initiatives, including M&A activities, related integrations, and ad-hoc projects.
• Evaluate customer and service provider contract requirements for risk indemnification, limitation of liability and adherence with insurance policies.
• Support internal business growth by providing potential insurance solutions to complex customer requirements, e.g. warranty, product recall, surety bonds, stock throughput and other lines of coverage.
• Oversee the maintenance and distribution of certificates of insurance.
• Partner with internal business units and Legal on claims management and resolution

The experience we're looking to add to our team:

• Bachelor's degree in finance, accounting, risk management or related field
• 3-5 years of risk management experience (preferred)
• Strong risk identification and analytics
• In depth knowledge in all lines of insurance and multi-national insurance programs, including requesting and compiling underwriting data; preparing underwriting submissions, directing insurance brokers and interfacing with insurance underwriters; reviewing and evaluating renewal proposals and preparing financial comparisons of competing proposals, making recommendations to management.
• Experience in managing complex claims and working with brokers and insurance carriers to optimize recoveries.
• Excellent negotiation and problem-solving skills necessary to successfully manage issues with brokers, vendors, and consultants.
• Excellent communication skills and the ability to present ideas in an effective manner; ability to influence others.

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What you'll receive for the great work you provide:

• Full range of medical, dental, and vision plans
• Life Insurance
• Short-term and Long-term Disability
• Matching 401(k) Contributions
• Vacation and Paid Sick Time
• Tuition Reimbursement

Pay Range (Applicable to California)

$167,600.00 USD - $230,500.00 USD Annual

Job Category

Finance

Is Sponsorship Available?

No

Flex is an Equal Opportunity Employer and employment selection decisions are based on merit, qualifications, and abilities. We celebrate diversity and do not discriminate based on: age, race, religion, color, sex, national origin, marital status, sexual orientation, gender identity, veteran status, disability, pregnancy status, or any other status protected by law. We're happy to provide reasonable accommodations to those with a disability for assistance in the application process. Please email accessibility@flex.com and we'll discuss your specific situation and next steps (NOTE: this email does not accept or consider resumes or applications. This is only for disability assistance. To be considered for a position at Flex, you must complete the application process first).