The Sherwin-Williams Company | Financial Analyst- Risk ...

CORE RESPONSIBILITIES AND TASKS This position is responsible for performing key functions involving the management of the company's insurance programs. The individual will work cross-functionally with internal and external stakeholders including Enterprise and Division Financial Groups and insurance and broker partners. Because this role involves access to confidential financial information, the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments. Major Activities include: Supports the company's global insurance programs including self-insured property claim program, compiling support for subrogation vendor allocating global premium payments, and filing new insurance claims. Analyzes department data and produces regularly scheduled reports for month end and quarter end close, as well as ad hoc reports. Provides routine day-to-day support & service t all locations regarding the application and interpretation of the company's risk management & insurance programs. Responsible for the monthly accrual process for all property insurance and international claims as well as the reconciliation of all related accounts. Gathers and assembles underwriting data for various insurance program renewals using established guidelines and formats. Provides necessary information to broker partners to assist in the marketing of the global insurance program. Participates in adjustment of insured losses and coordinates with operating management in the preparation of claims. Oversee the handling of claims to ensure effective and prompt handling by insurance service providers. This will involve working with brokers to support direct negotiations with loss adjusters. Works with Risk Management and broker team members to provide support for complex claims management. Manages the global stock throughput insurance program. Development of risk management guidelines and the distribution and communication of those guidelines to all relevant business units within the company. Manage the global property loss control program that utilizes multiple vendors performing fire protection, jurisdictional inspections, and infrared audits. Compiles information required to support management of the Company's insurance captive. Provides support for all key department projects including acquisition integration. Major Activities and Key Challenges: Ability to prioritize tasks to meet defined deadlines in a dynamic environment Supporting cross- functional projects involving individuals throughout the organization Identify operational risks and opportunities Operate with close attention to detail and a focus on enhancing controls POSITION REQUIREMENTS FORMAL EDUCATION: Required: Bachelor's degree in Finance or Accounting KNOWLEDGE & EXPERIENCE: Required: 2+ years' experience in a financial role Business Knowledge includes a working knowledge of SW structure, business processes, and operations. Skill set includes problem solving, critical thinking, organizational skills, excellent (oral and written) communication skills, and a capability to work independently. Experience working in a cross-functional team environment to implement process improvements. Preferred: Ability to interface with top management TECHNICAL/SKILL REQUIREMENTS: Required: Intermediate Microsoft Office Skills Ability to analyze data and make decisions quickly Intermediate analytical and problem-solving skills. Strong interpersonal skills, including written and oral communication skills Strong organizational skills and attention to detail. Proven ability to meet deadlines while managing multiple projects. Preferred: H

Created: 2024-11-27