Director, Corporate Risk Management

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Job Function:
Finance

Job Sub Function:
Treasury

Job Category:
Professional

All Job Posting Locations:
Raritan, New Jersey, United States of America, Raynham, Massachusetts, United States of America

Job Description:

Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes.

DePuy Synthes is recruiting for a(n) Director, Risk, located in Raynham, MA OR Raritan NJ


The Director, Corporate Risk Management is responsible for the development, recommendation, and implementation of strategies for addressing liability, operational and property hazard risks globally. This includes the design and implementation of complex programs to mitigate, transfer, and finance risk, including the identification and analyses of operational risk, loss reserving/ budgeting, and the planning, negotiation and procurement of property, casualty, and management liability insurance programs worldwide. The position will also provide leadership for insurance/risk management aspects of large complex mergers, acquisitions, and divestitures. The position will also coordinate liability and property claims covered under the company's insurance policies, and lead negotiations for the resolution of large complex insurance claims. Update senior management on key insurance matters. Provide leadership for the establishment, cultivation, and management of a broad global network of external business partners including third party insurers, brokers, claims administrators and outside legal counsel.


Key Responsibilities

• Property and casualty insurance procurement and the overall strategic management of the company's insurance programs.

• Manage relationships with insurance brokers, claims administrators, and other service providers.

• Property and casualty claims management.

• Potentially organize and/or run a captive insurance company to finance risk.

• Oversee and coordinate the collection and submission of data required by the insurance underwriters.

• Oversight, collaboration, and direction on claims management.

• Ability to provide sound business judgment, strategic thinking, and broad financial and business perspective across the organization.

• Strong communication skills as demonstrated through crisp writing, speaking, and thinking and proven experience interacting with senior management both within the company and at insurers, brokers, and service providers.

• Partner with Quality, Regulatory, Manufacturing, Supply Chain, Legal, and Commercial leaders to integrate risk management into core business processes.

• Oversee risk assessments, mitigation plans, and controls, ensuring timely monitoring and escalation of key risks.

• Provide executive-level risk reporting and insights to senior leadership and governance forums.

• Drive a strong risk and compliance culture through training, communication, and leadership influence.

• Stay current on external risk trends, regulatory changes, and industry best practices relevant to MedTech and orthopedics.

Qualifications


Education

• Bachelor's degree required (e.g., Business, Finance, Engineering, Risk Management, or related field).

• Master's degree (MBA or equivalent) or JD preferred.

Experience and Skills


Required:

• A minimum of 10 years of business experience with 8 years of experience in Risk Management or large complex commercial insurance operations or insurance brokerage.

• Strong understanding of risk frameworks, internal controls, and governance models.

• Ability to meet strict deadlines in compressed time periods.

• Excellent analytical, communication, and executive presentation skills.

Preferred:

• Experience supporting global or multi-site manufacturing and supply chain operations.

• Prior people management experience.

• Prior diligence experience related to mergers, acquisitions, and divestitures.

• Proven ability to influence senior leaders and lead cross-functional initiatives.

• Professional certifications such as CPCU, CIC, CRM, or ARM, or similar.

Other:

• Travel: Up to ~20%, primarily domestic, with occasional international travel.

• Language: English required. Additional languages a plus.

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Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes.


Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act.


Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants' needs. If you are an individual with a disability and would like to request an accommodation, external applicants please contact us via internal employees contact AskGS to be directed to your accommodation resource.


#LI-Hybrid


#DePuySynthesCareers


Required Skills:

Preferred Skills:
Advanced Analytics, Budget Management, Cash Management, Fact-Based Decision Making, Financial Analysis, Financial Competence, Financial Reports, Financial Risk Management (FRM), Foreign Exchange Management, Fraud Management, Industry Analysis, Organizing, Process Governance, Risk Assessments, Tactical Planning, Technical Credibility, Treasury Management

The anticipated base pay range for this position is :
$150,000.00 - $258,750.00

Additional Description for Pay Transparency:
Subject to the terms of their respective plans, employees are eligible to participate in the Company's consolidated retirement plan (pension) and savings plan (401(k)).

This position is eligible to participate in the Company's long-term incentive program.

Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:

Vacation -120 hours per calendar year

Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado -48 hours per calendar year; for employees who reside in the State of Washington -56 hours per calendar year

Holiday pay, including Floating Holidays -13 days per calendar year

Work, Personal and Family Time - up to 40 hours per calendar year

Parental Leave - 480 hours within one year of the birth/adoption/foster care of a child

Bereavement Leave - 240 hours for an immediate family member: 40 hours for an extended family member per calendar year

Caregiver Leave - 80 hours in a 52-week rolling period10 days

Volunteer Leave - 32 hours per calendar year

Military Spouse Time-Off - 80 hours per calendar year

For additional general information on Company benefits, please go to: -