Risk Management Specialist

Risk Management Specialist Land O’Lakes is seeking a Risk Management Specialist to support and assist in our corporate and risk management operations, including regulatory compliance, the company-wide surety program, insurance renewals, certificates of insurance, third-party property damage recovery, and insurance-related financial administration. This role will apply professional judgment to analyze requirements, coordinate cross-functional and external stakeholders, resolve issues, strengthen processes and controls, and deliver accurate, timely, audit-ready outcomes, escalating matters with material coverage, legal, financial, or strategic implications. Key responsibilities will include: Regulatory Reporting, Compliance & Surety Program Management (25%) - Own recurring insurance, self-insurance, and regulatory filings, reports, assessments, and audits; interpret requirements, establish work plans, and ensure accurate and timely completion. - Analyze payroll, employee, claims, financial, and exposure information; reconcile discrepancies, prepare submissions and related payment requests, and maintain defensible supporting documentation. - Manage the company-wide surety program, including evaluation and coordination of bond requests, renewals, cancellations, indemnity and supporting documentation, and relationships with brokers and surety providers. - Monitor statutory and contractual obligations, identify emerging issues or control gaps, recommend corrective action, and escalate material exceptions. Third-Party Property Damage Recovery (20%) - Lead recovery matters involving third-party damage to company-owned or leased facilities, property, or infrastructure from initial notification through resolution. - Assess available facts, establish recovery strategy, and coordinate evidence, repair estimates, invoices, responsible-party and insurer communications, and formal recovery demands. - Partner with Facilities, Legal, Finance, insurers, brokers, and business stakeholders to resolve disputed or complex matters and maximize timely recovery of repair and related costs. - Track financial results, reconcile receipts, maintain complete case documentation, identify trends, and escalate material exposure or recovery risk. Insurance Program & Renewal Management (25%) - Manage annual renewal workstreams for casualty and executive-risk programs, including timelines, information requirements, stakeholder assignments, and completion status. - Analyze and compile exposure, payroll, location, vehicle, financial, loss, and operational information; challenge inconsistencies and coordinate resolution with business partners. - Prepare applications, questionnaires, exhibits, and underwriting materials for leadership and broker review; identify matters requiring coverage, underwriting, or strategic discussion. - Partner with brokers, insurers, Finance, Legal, and business stakeholders to improve data quality, renewal readiness, and program administration. Certificate of Insurance & Contractual Risk Administration (15%) - Manage liability and property certificate processes and other proof-of-insurance requirements for internal and external stakeholders. - Evaluate requests against approved coverage and contractual requirements, resolve routine exceptions, and escalate nonstandard or potentially material obligations. - Monitor service levels, documentation quality, expirations, and deficiencies; coordinate corrective action and maintain accurate, audit-ready records. - Identify recurring issues and implement process improvements that strengthen consistency, responsiveness, and control. Insurance Financial Administration & Vendor Management (15%) - Manage purchase requisitions, purchase orders, invoices, payment requests, regulatory fees, and recurring insurance-related payments within established financial controls. - Review charges and supporting documentation for accuracy, resolve discrepancies, monitor commitments and payment status, and maintain reliable financial trackers. - Coordinate with Procurement, Accounts Payable, brokers, insurers, and vendors to resolve service and payment issues and support effective vendor relationships. - Identify process or control improvements and provide clear reporting on outstanding items, exceptions, and financial administration risks. Education/Experience Requirements: - Bachelor’s or Associate Degree required along with a minimum of 3–5 years related work experience preferred. Previous experience insurance or risk management operations, regulatory compliance, claims or recovery administration, finance operations, procurement, or a related business function strongly desired. - Demonstrated proficiency with Microsoft Office, particularly Excel and Outlook required. Experience with document-management, procurement, invoice, claims, or reporting systems preferred. - Demonstrated ability to independently manage recurring programs, multiple deadlines, and cross-functional deliverables with limited day-to-day direction. - Working knowledge of commercial insurance administration, certificates of insurance, regulatory or self-insurance reporting, surety bonds, insurance renewals, property damage claims, and cost-recovery practices. - Analytical and problem-solving skills sufficient to interpret requirements, reconcile information, identify discrepancies and control gaps, develop practical solutions, and determine when escalation is appropriate. - Strong written and verbal communication, stakeholder management, customer service, and vendor coordination skills, including the ability to communicate requirements and resolve issues across functions. - Strong attention to detail, sound judgment, accountability, and the ability to maintain accurate, confidential, and audit-ready documentation. - Current Notary Public commission or ability to obtain and maintain a Notary Public commission. - This work requires on-site work in our Arden Hills office Tuesday-Wednesday-Thursday. Salary: $59,360–$89,040 In most cases, candidates offered employment can expect to be hired at a pay rate near the middle of our salary ranges About Land O'Lakes, Inc. Join us and be part of a Fortune 250, farmer- and member-owned cooperative that is reimagining the business of food. We have been named a Top Workplace by Indeed and LinkedIn, and to the TIME 100 Most Influential Companies list. We provide a broad portfolio of benefits to keep you and your family at your best. Land O'Lakes is Where Your Future Takes Root. Land O’Lakes and our global entities support diversity in employment practices. Neither Land O’Lakes, nor its affiliates or search firms, will ever contact you and ask for confidential information over the phone or in email. If you receive a call or email like this, please do not provide the information being requested. If you need to submit a reasonable accommodation request to complete the employment application process, please call the HR Solution Center at 844-LOL-HR4U (844-565-4748) M-F 8:00am-4:30pm CT.