Elanco is a global research-based company that develops and delivers product and services to enhance animal health and production. We value innovation, both in scientific research and daily operations, and strive to cultivate a collaborative work environment for more than 7,000 employees worldwide. Founded in 1954, Elanco is a division of Lilly. Our worldwide headquarters and research facilities are in Greenfield, Indiana
This position will support several Risk Management (RM) insurance programs. In this capacity the selected individual will work with numerous internal business partners (finance & accounting, manufacturing, tax, legal, HR, privacy, sales force operations, among others). In addition, this individual will work with several external business partners in the placement, brokering, and management of the corporate insurance programs. This individual will set direction and challenge our brokers, business partners and vendors to provide best in class service, risk management benchmarking, and appropriate recognition and marketing of Lilly’s business risks. This individual will also support the broader Corporate Treasury team in cash management, business development transactions, special projects and other unique activities.
This is a unique and challenging position encompassing leadership in finance, risk management, insurance, accounting and other activities. The individual in this position will be recognized globally as Elanco’s expert in certain areas of risk management and insurance. The individual in this position will be a self-starter, able to prioritize and juggle multiple priorities, be proactive in meeting the risk management needs of his/her internal business partners.
Support corporate insurance programs using Key Performance Indicators (KPIs) to drive performance. Activities will include benchmarking insurance programs qualitatively and quantitatively, identify opportunities to reduce cost and improve coverage, develop and maintain RM policies and procedures, procuring insurance via use of third party insurance brokers and consultants, communicating coverage to relevant parties, troubleshooting and resolving issues from internal business partners and external entities, managing and negotiating successful claims resolution, among others. Insurance programs in which this individual will support include:
Directors and Officers
Employee Practices Liability
Provide financial and insurance support to internal and external entities for program renewals, claims management and other risk identification/mitigation activities throughout the year
Lead the implementation and stewardship of Risk Management Information System (RMIS)
Work with external vendor to establish, ensure integrity of data and maintain the system
Develop reports to support all loss/claim related needs in RM
Manage all accounting activities for RM
Assist with the development of business case to establishing a captive for Elanco
Provide accounting support for Treasury’s cash management activities
Bachelor’s Degree in Finance, Accounting or Risk Management
Qualified candidates must be legally authorized to be employed in the United States. Lilly does not anticipate providing sponsorship for employment visa status (e.g., H-1B or TN status) for this employment position
Adaptability to handle a steep learning curve involving the various risk management techniques and related accounting and financial implications.
Excellent oral and written communication skills, able to clearly communicate with peers and leadership.
Ability to handle multiple initiatives at the same time
SAP skills relating to financial activities
Strong problem solving skills are essential
Ability to establish credibility with external global brokerage and insurance industry and build long-term relationships.
Must be able to influence decisions and accomplish risk management goals across all affiliates and across multiple functions.
Corporate treasury experience
Lilly is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status