Manager, Risk & Insurance Management

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Location:

Stamford, CT. The role will be located in our corporate office in Stamford, Connecticut (easy access to I-95 and Metro North Railroad). The corporate office is a small, dynamic group that works closely as a team and is looking for people who can work together effectively.

Crane (NYSE: CR) is a leading global provider of mission-critical, highly engineered products and solutions, with differentiated technology, respected brands, and leadership positions in the Aerospace & Electronics and Process Flow Technologies markets. Today, Crane has approximately 7,000 associates in the Americas, Europe, the Middle East, Asia, and Australia, with 2024 net sales of approximately $2 billion and a market capitalization of approximately $10 billion.

Reporting to the SVP, Investor Relations, Treasury & Tax, the Risk & Insurance Manager will lead strategic planning and execution for Crane's comprehensive, company-wide Insurance Program. Key responsibilities include the identification, analysis, implementation, and evaluation of all insurance needed to reduce risk, and prevent and control exposures arising from operations and activities.

• Serve as the strategic and functional leader for all of Crane's global insurance needs, including adding new insurance programs that address the Company's evolving needs, and interfacing with the Company's brokers and current and potential future underwriters
• Proactively identify risks within the organization and help business teams evaluate insurance products to mitigate as appropriate
• Lead, plan, manage, and oversee the renewal process for Crane's global insurance policies that include, among others, property, general liability, umbrella, D&O, auto, crime, cyber, umbrella and excess liability, aircraft products and hull
• Manage Crane's property risk improvement plan in close collaboration with senior management, individual business unit sites, and the company's property insurer
• Perform insurance due diligence on target acquisitions and oversee the integration process of newly acquired companies
• Review limits, deductibles, proposal quotes, and renewal terms and make recommendations to senior management and the Board
• Prepare and manage the annual insurance budget, and oversee premium allocations
• Manage insurance claims in conjunction with the Company's businesses and brokers

• Bachelor's degree required
• 5+ years of relevant experience in corporate insurance at a global company or insurance broker
• Knowledgeable about the full range of risk management and insurance and the claims management process
• Detail oriented with excellent written and verbal communication, organization, and prioritization skills
• Exceptional time management and organization skills with proven ability to manage several on-going projects and assignments
• Proficient in Microsoft Excel, Word, and Power Point

Crane prioritizes career development for our associates. All associates receive an annual development plan that includes a mixture of on-the-job coaching and formal training experiences to support individual development needs. We firmly believe in associate growth that supports career progression. We will proactively support your ongoing career development which will give you every opportunity to progress. Beyond an associate's base compensation, we reward and reinforce wellbeing with a compelling package of both cash and non-cash benefits, including comprehensive health, wellness incentives, assistance with retirement savings, paid time off, paid holidays, and tuition reimbursement — as well as performance-based bonus programs for certain positions.

This description is designed to indicate the general nature and level of work being performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Crane Company is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, gender, sexual orientation, gender identity, national origin, disability or veteran status.

• Mid-Senior level

• Full-time

• Finance and Sales

• Manufacturing