Director, Risk Management - Western Digital
Milpitas, CA 95035
About the Job
At Western Digital, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.
At our core, Western Digital is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that. Our technology helped people put a man on the moon.
We are a key partner to some of the largest and highest growth organizations in the world. From energizing the most competitive gaming platforms, to enabling systems to make cities safer and cars smarter and more connected, to powering the data centers behind many of the world’s biggest companies and public cloud, Western Digital is fueling a brighter, smarter future.
Binge-watch any shows, use social media or shop online lately? You’ll find Western Digital supporting the storage infrastructure behind many of these platforms. And, that flash memory card that captures and preserves your most precious moments? That’s us, too.
We offer an expansive portfolio of technologies, storage devices and platforms for business and consumers alike. Our data-centric solutions are comprised of the Western Digital®, G-Technology™, SanDisk® and WD® brands.
Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.
Job DescriptionESSENTIAL DUTIES AND RESPONSIBILITIES:
- Maintain awareness and knowledge of risk conditions prevailing in all elements of the company’s business both domestic and foreign so as to be able to appraise and analyze new or potential risk situations and recommend appropriate courses of action.
- Develop, formulate and coordinate property and casualty insurance claims control function at all locations.
- Continue review of existing safety, environment, loss prevention, employment and security programs as related to the management of risk or accidental loss.
- Maintain historical record of all losses, insured and uninsured, including recoveries and reserves set by insurance companies.
- Review leases, contracts, sales and finance agreements in order to ascertain compliance with appropriate insurance requirements.
- Insure the proper and efficient handling of claims as they relate to workers’ compensation insurance requirements.
- Coordinate risk control activities and monitor compliance for:
- Security/Asset protection
- Personnel safety/OSHA
- Automobile safety
- Property conservation, fire safety and fire prevention
- Emergency preparedness
- Business recovery
- Coordinate the reporting of all property and cargo claims to insurers or against third parties and process such claims.
- Prepare detailed investigative reports that are factual, timely, well written and logical.
- Collect company data, on which insurance premiums are based, verify the accuracy and validity of policies and premiums when received, prepare the reports that are required by the insurance companies and allocate premium among locations.
- Direct the activities of the company’s subsidiaries and offices both domestic and foreign as they relate to the various professional consultants, insurance brokers and insurers concerned with the company’s insurance programs.
- Maintain surveillance over existing programs of self-insurance and risk assumption to assure continued cost effectiveness.
- Maintain knowledge of sources and types of insurance coverage that can be procured at economical cost, and the current stability and services of insurance brokers and insurers.
- Maintain a current knowledge of market conditions and governmental activities in the insurance, safety, loss prevention, environmental and loss control fields, apprising executive management of probable effects upon the company and recommending appropriate actions.
- Establish and maintain risk management and insurance expense allocation for all locations.
- Recommend and approve major equipment for asset protection and loss control.
- On a corporate level, perform claims handling and settlement activities.
- Travel to key company locations worldwide.
- Bachelor’s degree in insurance, Law Enforcement, Industrial Technology, Occupational Environmental/Safety/Health disciplines or equivalent.
- 10+ years of Risk Management, Finance, or related Insurance industry experience.
- MBA, Associate in Risk Management (ARM) or Certified Professional Engineer (CPE) desired.
- Specific knowledge of insurance terminology, familiarity with safety and environmental engineering, construction practices, OSHA rulings, labor law, building costs and fire codes.
- Clearly communicate in verbal and written forms.
- Read, analyze, and interpret documents such as general business periodicals, professional journals, technical procedures, or governmental regulations.
- Adaptable and able to plan and manage projects from conception to completion in a dynamic environment with independent follow-through.
- Ability to be proactive, anticipate the needs of colleagues and managers, exercise independent judgment and manage multiple projects simultaneously.
- Strong work ethic and ability to produce high quality work under deadline pressures.
- Self-starter with an appetite for problem-solving and ability to “own” projects and prioritize tasks with little or no supervision.
- Good sense of humor, positive attitude and ability to stay calm and collected under pressure.
- Proficiency in reviewing and analyzing transaction documentation for risk considerations and collaborating on strategy and risk considerations is preferred.
Additional Information
Western Digital is committed to providing equal opportunities to all applicants and employees and will not discriminate against any applicant or employee based on their race, color, ancestry, religion (including religious dress and grooming standards), sex (including pregnancy, childbirth or related medical conditions, breastfeeding or related medical conditions), gender (including a person’s gender identity, gender expression, and gender-related appearance and behavior, whether or not stereotypically associated with the person’s assigned sex at birth), age, national origin, sexual orientation, medical condition, marital status (including domestic partnership status), physical disability, mental disability, medical condition, genetic information, protected medical and family care leave, Civil Air Patrol status, military and veteran status, or other legally protected characteristics. We also prohibit harassment of any individual on any of the characteristics listed above. Our non-discrimination policy applies to all aspects of employment. We comply with the laws and regulations set forth in the "Know Your Rights: Workplace Discrimination is Illegal” poster. Our pay transparency policy is available here.
Western Digital thrives on the power and potential of diversity. As a global company, we believe the most effective way to embrace the diversity of our customers and communities is to mirror it from within. We believe the fusion of various perspectives results in the best outcomes for our employees, our company, our customers, and the world around us. We are committed to an inclusive environment where every individual can thrive through a sense of belonging, respect and contribution.
Western Digital is committed to offering opportunities to applicants with disabilities and ensuring all candidates can successfully navigate our careers website and our hiring process. Please contact us at jobs.accommodations@wdc.com to advise us of your accommodation request. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.
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Compensation & Benefits Details
- An employee’s pay position within the salary range may be based on several factors including but not limited to (1) relevant education; qualifications; certifications; and experience; (2) skills, ability, knowledge of the job; (3) performance, contribution and results; (4) geographic location; (5) shift; (6) internal and external equity; and (7) business and organizational needs.
- The salary range is what we believe to be the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California, Colorado, New York or remote jobs that can be performed in California, Colorado and New York. This range may be modified in the future.
- You will be eligible to participate in Western Digital’s Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance. Depending on your role and your performance, you may be eligible to participate in our annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents, pursuant to the terms of the LTI plan. Please note that not all roles are eligible to participate in the LTI program, and not all roles are eligible for equity under the LTI plan. RSU awards are also available to eligible new hires, subject to Western Digital’s Standard Terms and Conditions for Restricted Stock Unit Awards.
- We offer a comprehensive package of benefits including paid vacation time; paid sick leave; medical/dental/vision insurance; life, accident and disability insurance; tax-advantaged flexible spending and health savings accounts; employee assistance program; other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity; tuition reimbursement; transit; the Applause Program, employee stock purchase plan, and the Western Digital Savings 401(k) Plan.
- Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.