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Associate Director, Risk Management - Treasury

Employer
Gilead Sciences, Inc.
Location
Foster City, CA
Start date
Sep 28, 2022

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Discipline
Administration, Finance, General
Required Education
Bachelors Degree
Position Type
Full time
Hotbed
Biotech Bay, Best Places to Work
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Job Details

Associate Director, Risk Management - Treasury
United States - California - Foster City

Gilead Sciences, Inc. is a research-based bio-pharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. With each new discovery and investigational drug candidate, we seek to improve the care of patients living with life-threatening diseases around the world. Gilead’s therapeutic areas of focus include HIV/AIDS, liver diseases, cancer and inflammation, and serious respiratory and cardiovascular conditions.

Making an impact on a global scale
Inclusion is one of the company’s five core values. That’s because we know that we are stronger and more innovative at Gilead when we are informed by a diverse set of backgrounds, experiences and points of view. Gilead Sciences is a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need. The company's mission is to advance the care of patients suffering from life-threatening diseases worldwide.

When you join Gilead, you join our mission to change the world by enabling people to live healthier and more fulfilling lives. Come join a mission-driven bio-pharmaceutical organization that values inclusion and diversity, has a strong portfolio of products, and is constantly #CreatingPossible

Gilead Sciences is continuing to hire for all open roles. Our interview process may be conducted virtually and some roles will be asked to temporarily work from home. Over the coming weeks and months, we will be implementing a phased approach to bringing employees back to site to ensure the health and safety of our teams.

For Current Gilead Employees and Contractors:

Please log onto your Internal Career Site to apply for this job.

Job Description

About us

Gilead Sciences, Inc. is a research-based biopharmaceutical company that discovers, develops and commercializes innovative medicines in areas of unmet medical need. With each new discovery and investigational drug candidate, we seek to improve the care of patients living with life-threatening diseases around the world. Gilead's therapeutic areas of focus include HIV/AIDS, liver diseases, cancer and inflammation, and serious respiratory and cardiovascular conditions.
Being here matters. Together we deliver life-saving therapies to patients in need. With the commitment and drive you bring to the workplace every day, you will be part of a team that is changing the world and helping millions of people live healthier, more fulfilling lives.





Gilead Sciences is seeking an Associate Director, Risk Management to join its Risk Management & Insurance team. The primary responsibility of this position is to lead the continued evolution of Gilead's casualty insurance programs and associated risk control activities, aimed at minimizing risks to our business. The ideal candidate will be an energetic and motivated self-starter, with significant experience in managing large multinational insurance programs. The candidate should be able to independently manage insurance renewals from start to finish, including the timing of interdependent deliverables. We are looking for someone that has successfully demonstrated an ability to actively engage and collaborate with internal and external stakeholders partners to identify, assess and mitigate a complex set of risks. This position has high growth potential and will report to the Director, Risk Management.





The Associate Director will provide counsel, advice, and reporting on a broad spectrum of risk-related issues (e.g., risk identification and mitigation strategies, insurance and non-insurance risks transfer strategies, loss funding and accrual requirements, and claims management activities). In addition, the individual is responsible for owning and executing all aspects of the casualty insurance programs, including assessing risks and recommending insurance program structures, leading insurance policy procurement, management of claims in partnership with internal and external counsel, management of relationships with third party service providers (including brokers, insurers and consultants), preparing loss reports and budgets, providing contract support, and ensuring compliance with insurance regulations.




The individual is expected to embrace Gilead's Core Values of Integrity, Teamwork, Accountability, Excellence, and Inclusion.




Core Job Responsibilities

  • Independently manage all aspects of insurance related to casualty risks, including the collection of exposure data and recommendation of risk transfer structures
  • Identify areas of risk control improvement and make data-supported recommendations that are understandable to a broad range of audiences
  • Provide expert level assistance in negotiations of insurance and indemnity provisions in contracts
  • Regularly collaborate with various internal stakeholders, including Commercial, EH&S, Employee Relations, Facilities, and Security to minimize risk to Gilead
  • Regularly interface with brokers, insurers and third party claim administrators for management of insured risks
  • Consistently maintain proper internal controls and ensure compliance with worldwide insurance laws and regulations, internal company policies and contractual obligations
  • Perform timely and accurate ad hoc reporting and analyses as required
  • Actively participate in cross-functional projects and lead department projects of varying complexities
  • Prepare and present internal and external presentations, including to senior management
  • Participate in on-site visits, domestically and internationally, to assess casualty risks
  • Manage payment of invoices and resolve any invoice-related issues
  • Provide support on management of open claims.





Education, Experience and Skills

  • 10+ years of experience and increasing responsibility in risk management either at a Fortune 500 company or an insurance brokerage, and a Bachelor's degree in Business, Finance or Risk Management. 8+ years of experience with an MBA or MS/MA.
  • Experience working/consulting for a complex, global organization
  • ARM designation preferable
  • Strong knowledge of the commercial insurance market, with specific experience in managing casualty insurance programs, including but not limited to General Liability, Workers' Comp, Auto Liability, and Executive Liability
  • Life science, pharmaceutical, or biotech industry experience a plus
  • Excellent interpersonal skills and proven ability to work effectively with multiple functions and diverse audiences
  • Highly motivated and proactive individual with a positive mindset, able to work in a fast paced and dynamic environment both independently and in cross-functional, global teams
  • Demonstrated ability to work with a high degree of accuracy and attention to detail
  • Solid project management skills
  • Fluent in English (written and spoken)
  • Proficiency with Microsoft Office 365

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As an equal opportunity employer, Gilead Sciences Inc. is committed to a diverse workforce. Employment decisions regarding recruitment and selection will be made without discrimination based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job related characteristics or other prohibited grounds specified in applicable federal, state and local laws. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Era Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants who require accommodation in the job application process may contact careers@gilead.com for assistance.

Following extensive monitoring, research, consideration of business implications and advice from internal and external experts, Gilead has made the decision to require all U.S., Canada, Australia, and Singapore employees and contractors to receive the COVID-19 vaccines as a condition of employment. “Full vaccination” is defined as two weeks after both doses of a two-dose vaccine or two weeks since a single-dose vaccine has been administered. Anyone unable to be vaccinated, either because of a sincerely held religious belief or a medical condition or disability that prevents them from being vaccinated, can request a reasonable accommodation.​

For more information about equal employment opportunity protections, please view the 'EEO is the Law' poster.

NOTICE: EMPLOYEE POLYGRAPH PROTECTION ACT
YOUR RIGHTS UNDER THE FAMILY AND MEDICAL LEAVE ACT

PAY TRANSPARENCY NONDISCRIMINATION PROVISION

Our environment respects individual differences and recognizes each employee as an integral member of our company. Our workforce reflects these values and celebrates the individuals who make up our growing team.

Gilead provides a work environment free of harassment and prohibited conduct. We promote and support individual differences and diversity of thoughts and opinion.

For Current Gilead Employees and Contractors:


Please log onto your Internal Career Site to apply for this job.






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Company

Gilead Sciences is a biopharmaceutical company that discovers, develops, and commercializes innovative therapeutics in areas of unmet medical need. The company's mission is to advance the care of patients suffering from life-threatening diseases worldwide. Headquartered in Foster City, California, Gilead has operations in North America, Europe and Australia.
 

Find Us
Website
Location
333 Lakeside Drive
Foster City
California
94404
United States
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