Workers Compensation and Defense Base Act

Description This position is responsible for the management of Lockheed Martin's Workers’ Compensation and Defense Base Act (DBA) insurance programs and providing general workers’ compensation and DBA management support to all enterprise business area locations across Lockheed Martin. The position reports to the Director, Risk Management in Lockheed Martin's corporate Risk Management department in Bethesda, MD. Responsibilities Manage a corporate-wide program of DBA, self‑insured workers’ compensation and insured workers' compensation (collectively Workers’ Compensation) best practices and cost containment. Develop best practices and performance standards for all parties involved in Workers’ Compensation. Oversee management and claim management processes. Participate in the negotiation of contracts with service providers. Coordinate performance audits and site‑specific cost containment assessments. Follow‑up on the implementation of improvements. Evaluate the effectiveness of the overall cost containment program and performance of individual service providers. Provide appropriate education and support to business units on all workers’ compensation matters. The successful candidate must provide guidance and support to Business Area Risk Managers and Controllers on all aspects of Workers’ Compensation matters. Incumbent is expected to maintain a high level of technical expertise in all aspects of Workers’ Compensation cost containment, and a familiarity with insurance law and basic litigation management, interaction with claims adjustors, doctors, other medical providers, insurance brokers, insurers, state insurance departments, Business Area Risk Managers, Environmental Health and Safety professionals, etc. Position will require an average of 50% travel to support enterprise Business Area locations across the United States for all locations. Basic Qualifications 10 years minimum experience in Workers’ Compensation, corporate risk management, insurance brokerage, or insurance company operations. Bachelors or Masters degree. Familiarity with basic Casualty insurance concepts and strong technical expertise in Casualty insurance and Workers’ Compensation including claims management, best practices and cost containment. Familiarity with U.S. Government contracting practices and acquisition regulations. Strong Project Management skills. Intermediate proficiency in Microsoft Office applications. Desired Skills Workers’ Compensation specific professional designations, including but not limited to an adjustors license, claims handling designations, etc. MBA, ARM and/or CPCU designation desired, as well as a current insurance brokerage license. Knowledge of Lockheed Martin Business Areas, systems and processes. Experience with multiple Workers’ Compensation claims management systems. Clearance Level None Benefits offered Medical, Dental, Vision, Life Insurance, Short‑Term Disability, Long‑Term Disability, 401(k) match, Flexible Spending Accounts, EAP, Education Assistance, Parental Leave, Paid time off, and Holidays. Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics. #J-18808-Ljbffr Lockheed Martin