Workers Compensation and Defense Base Act, Grand Prairie

Risk Mgmt Analyst Sr Stf

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. The principal responsibilities of the position are as follows:Manage a corporate-wide program of DBA, self-insured workers' compensation and insured workers' compensation (collectively Workers' Compensation) best practices and cost containment. Development of best practices performance standards for all parties involved in the Workers' Compensation Management and claim management processParticipation in the negotiation of contracts with service providers Coordination of performance audits and site-specific cost containment assessments Follow-up on implementation of improvements Evaluation of the effectiveness of the overall cost containment program and performance of individual service providersProviding appropriate education and support to the 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. The 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. The position will require an average of 50% travel in order to support enterprise Business Area locations across the United States for all locations. Candidates must have a bachelor's degree in a relevant academic area, including a significant number of finance credits, and at least ten (10) years of experience in Workers' Compensation corporate risk management, insurance brokerage, or insurance company operations. Preferred locations for this position are at major Lockheed Martin locations such as Orlando, Bethesda, Ft Worth, Denver, however other locations will be considered.Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.Lockheed Martin is an equal opportunity employer. Qualified candidates will be considered without regard to legally protected characteristics. The application window will close in 90 days; applicants are encouraged to apply within 5 - 30 days of the requisition posting date in order to receive optimal consideration.Pay Rate: The annual base salary range for this position in California, Massachusetts, and New York (excluding most major metropolitan areas), Colorado, Hawaii, Illinois, Maryland, Minnesota, New Jersey, Vermont, Washington or Washington DC is $106,100 - $187,105. For states not referenced above, the salary range for this position will reflect the candidate's final work location. Please note that the salary information is a general guideline only. Lockheed Martin considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/ training, key skills as well as market and business considerations when extending an offer. 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. (Washington state applicants only) Non-represented full-time employees: accrue at least 10 hours per month of Paid Time Off (PTO) to be used for incidental absences and other reasons; receive at least 90 hours for holidays. Represented full time employees accrue 6.67 hours of Vacation per month; accrue up to 52 hours of sick leave annually; receive at least 96 hours for holidays. PTO, Vacation, sick leave, and holiday hours are prorated based on start date during the calendar year. This position is incentive plan eligible.