Associate Director, Insurance

Bristol-Myers Squibb Company

Location Pin Icon
Princeton, NJ

Job Description

As posted by the hiring company

Job Overview:

At Bristol Myers Squibb, we are inspired by a single vision – transforming patients’ lives through science. In oncology, hematology, immunology and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference.

The Associate Director, Corporate Insurance will play an integral role on the insurance team in Corporate Treasury. As the person responsible for supporting the full portfolio of BMS global insurance programs, the Associate Director will have responsibility for placing the various global programs through our established brokers and insurance carriers and ensuring that decisions on risk transference versus self-insurance are properly supported.

The ideal candidate will be organized and have the ability to multi-task in a fast paced environment. They must be able to prioritize and execute responsibilities effectively and efficiently. They must learn quickly and adapt to change. Working independently will be key in this position. Below are additional behaviors necessary to be successful in this role:

  • Action oriented

  • Demonstrates strong executive presence

  • Innovates and improves processes

  • Faces difficult situations with integrity and tenacity

  • Meets challenges with enthusiasm

  • Works well in a team environment and builds strong relationships

  • Supports fellow team members to meet shared goals

  • Adheres to highest ethical standards and values

  • Challenges self, staff and others to learn and improve

  • Engages staff and others

Job Responsibilities:

  • Support the annual renewal and placement of global insurance programs, e.g. property, cyber, D&O, primary casualty, marine cargo, etc.

  • Support the development of the Senior Manager, Corporate Insurance Interact with captive insurance company managers on directly written and reinsured insurance policies

  • Liaise with internal stakeholders, e.g. Global Product and Supply Business Continuity Management, medical, Environmental Health & Safety, Global Logistics on risk management issues

  • Review contracts to ensure insurance requirements adequately protect BMS in case of loss

  • Oversee quarterly and year-end reserve requirements for self-insured programs Support the timely issuance of insurance certificates for clinical trials, leasing arrangements, discrete events, etc.

  • Lead the annual budget submission

  • Prepare Audit Committee presentations, as needed

  • Support Director, Corporate Insurance on other global insurance programs as needed


  • BS/BA or equivalent, MBA or other advanced degree desired

  • 10 years prior business experience in insurance, business, finance, or accounting preferred

Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives.

Physical presence at the BMS worksite or physical presence in the field is an essential job function of this role which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and enhances the Company culture.

To protect the safety of our workforce, customers, patients and communities, the policy of the Company requires all employees and workers in the U.S. and Puerto Rico to be fully vaccinated against COVID-19, unless they have received an exception based on an approved request for a medical or religious reasonable accommodation. Therefore, all BMS applicants seeking a role located in the U.S. and Puerto Rico must confirm that they have already received or are willing to receive the full COVID-19 vaccination by their start date as a qualification of the role and condition of employment. This requirement is subject to state and local law restrictions and may not be applicable to employees working in certain jurisdictions such as Montana. This requirement is also subject to discussions with collective bargaining representatives in the U.S.

Our company is committed to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace adjustments and ongoing support in their roles. Applicants can request an approval of accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application or if you are applying to a role based in the U.S. or Puerto Rico and you believe that you are unable to receive a COVID-19 vaccine due to a medical condition or sincerely held religious belief, during or any part of the recruitment process, please direct your inquiries to Visit to access our complete Equal Employment Opportunity statement.

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