Risk and Insurance Senior Manager

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  • Location:
    RTP, North Carolina, US
  • Alternate Location
    Remote anywhere in the US
  • Area of Interest
    Finance
  • Compensation Range
    151100 USD - 194500 USD
  • Job Type
    Professional
  • Technology Interest
    *None
  • Job Id
    1443923

Members of the Finance organization at select locations will generally be expected to follow a hybrid work model.

The application window is expected to close on: for U.S. ONLY, June, 21, 2025.

Job posting may be removed earlier if the position is filled or if a sufficient number of applications are received.

Meet the Team

Seeking a leader to influence and shape Cisco’s risk and insurance strategies. Reporting to the Director of Global Risk Management, this role will support the development and maintenance of Cisco's Global Risk Management Program. Responsibilities include coordinating insurance design, managing claims administration, and driving risk mitigation efforts in partnership with cross-functional teams.

Global Risk Management (GRM) is a small but influential team within Cisco Treasury, part of the Finance organization. The team is dedicated to evaluating and minimizing hazard risks to the business through insurance and/or contractual risk transfer mechanisms. The role involves handling and optimizing Cisco's insurance programs to align with risk tolerance and strategic objectives. Key responsibilities include:

  • Design, negotiate, and handle insurance programs, leveraging risk transfer and self-insurance while conducting risk exposure assessments and setting management strategies.
  • Analyze loss exposures for property, business interruption, and cargo risks, and supervise claims processes for efficient resolutions.
  • Build strong relationships with brokers, carriers, and TPAs while collaborating across the organization to support business initiatives and M&A activities.
  • Monitor emerging risks (e.g., cybersecurity, AI, PFAS) and adapt insurance strategies to address evolving challenges.

Success in this role requires strong communication, collaboration cross functionally across Cisco’s various business, influencing skills, and the ability to work effectively across cultures in a team-driven environment.

Minimum Qualifications:

  • 10+ years running/leading others in commercial insurance and or risk management required.
  • Expertise in fronted and self-insured commercial insurance programs, including Professional Liability, E&O, Cyber, Property, Business Interruption, Transit, General Liability, Auto, and Workers' Compensation.
  • Strong financial and business insight for informed decision-making.
  • College Degree (Bachelor, Masters) - Technical or Business.

Preferred Qualifications

  • Strong executive presence, with outstanding communication, influencing and negotiation skills.
  • A self-starter who works independently with minimum supervision to resolve complex problems.
  • Ability to work cross-culturally and cross-functionally.
  • Initiator and creator of change to enhance and optimize process improvement.
  • Possess excellent Word, Excel, and PowerPoint proficiency. Knowledge of Risk Management Information Systems (RMIS).

At Cisco, we’re revolutionizing how data and infrastructure connect and protect organizations in the AI era – and beyond. We’ve been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint. Simply put – we power the future.

Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you’ll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.

We are Cisco, and our power starts with you.

At Cisco, we’re revolutionizing how data and infrastructure connect and protect organizations in the AI era – and beyond. We’ve been innovating fearlessly for 40 years to create solutions that power how humans and technology work together across the physical and digital worlds. These solutions provide customers with unparalleled security, visibility, and insights across the entire digital footprint. Simply put – we power the future.

Fueled by the depth and breadth of our technology, we experiment and create meaningful solutions. Add to that our worldwide network of doers and experts, and you’ll see that the opportunities to grow and build are limitless. We work as a team, collaborating with empathy to make really big things happen on a global scale. Because our solutions are everywhere, our impact is everywhere.

We are Cisco, and our power starts with you. 

Message to applicants applying to work in the U.S. and/or Canada:

When available, the salary range posted for this position reflects the projected hiring range for new hire, full-time salaries in U.S. and/or Canada locations, not including equity or benefits. For non-sales roles the hiring ranges reflect base salary only; employees are also eligible to receive annual bonuses. Hiring ranges for sales positions include base and incentive compensation target. Individual pay is determined by the candidate's hiring location and additional factors, including but not limited to skillset, experience, and relevant education, certifications, or training. Applicants may not be eligible for the full salary range based on their U.S. or Canada hiring location. The recruiter can share more details about compensation for the role in your location during the hiring process.

U.S. employees have access to quality medical, dental and vision insurance, a 401(k) plan with a Cisco matching contribution, short and long-term disability coverage, basic life insurance and numerous wellbeing offerings.

Employees receive up to twelve paid holidays per calendar year, which includes one floating holiday (for non-exempt employees), plus a day off for their birthday. Non-Exempt new hires accrue up to 16 days of vacation time off each year, at a rate of 4.92 hours per pay period. Exempt new hires participate in Cisco’s flexible Vacation Time Off policy, which does not place a defined limit on how much vacation time eligible employees may use, but is subject to availability and some business limitations. All new hires are eligible for Sick Time Off subject to Cisco’s Sick Time Off Policy and will have eighty (80) hours of sick time off provided on their hire date and on January 1st of each year thereafter.  Up to 80 hours of unused sick time will be carried forward from one calendar year to the next such that the maximum number of sick time hours an employee may have available is 160 hours. Employees in Illinois have a unique time off program designed specifically with local requirements in mind. All employees also have access to paid time away to deal with critical or emergency issues. We offer additional paid time to volunteer and give back to the community.

Employees on sales plans earn performance-based incentive pay on top of their base salary, which is split between quota and non-quota components. For quota-based incentive pay, Cisco typically pays as follows:

.75% of incentive target for each 1% of revenue attainment up to 50% of quota;

1.5% of incentive target for each 1% of attainment between 50% and 75%;

1% of incentive target for each 1% of attainment between 75% and 100%; and once performance exceeds 100% attainment, incentive rates are at or above 1% for each 1% of attainment with no cap on incentive compensation.

For non-quota-based sales performance elements such as strategic sales objectives, Cisco may pay up to 125% of target. Cisco sales plans do not have a minimum threshold of performance for sales incentive compensation to be paid.

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