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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
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,locatedin Raynham, MA OR Raritan NJ
The Director,Corporate RiskManagementis responsible forthe 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/riskmanagementaspects 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.
Potentiallyorganize and/or run a captive insurancecompany 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 communicationskills asdemonstratedthrough crisp writing, speaking, and thinking and proven experience interacting with senior management both within the company and atinsurers, 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, ensuringtimelymonitoring 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 degreerequired(e.g., Business, Finance, Engineering, Risk Management, or related field).
Master’s degree (MBA or equivalent)or JDpreferred.
Experience and Skills
Required:
A minimum of 10 years of business experience with 8 years of experience in Risk Managementor 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 asCPCU, CIC,CRM,or ARM, or similar.
Other:
Travel: Up to ~20%, primarily domestic, with occasional international travel.
Language: EnglishrequiredAdditionallanguagesa plus
For more information on how we support the whole health of our employees throughout their wellness,careerand life journey, please visit www.careers.jnj.com
Johnson & Johnson announced plans to separate ourOrthopaedicsbusiness toestablisha standaloneorthopaedicscompany,operatingas DePuy Synthes. The process of the planned separation isanticipatedto be completed within 18 to24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may berequired, regulatory approvals and other customary conditions and approvals. Should you accept this position, it isanticipatedthat, following conclusion of the transaction, you would be an employee of DePuySynthesand 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 atan appropriate timeand subject to any necessary consultation processes.
Johnson & Johnsonisan 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,stateor local law. We actively seek qualified candidates who areprotectedveterans 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 requestan accommodation, external applicants please contact us via https://www.jnj.com/contact-us/careers, internal employees contactAskGSto 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: - https://www.careers.jnj.com/employee-benefits
At Johnson & Johnson, we believe health is everything. As a focused healthcare company, with expertise in Innovative Medicine and MedTech, we’re empowered to tackle the world’s toughest health challenges, innovate through science and technology, and transform patient care.
All of this is possible because of our people. We’re passionate innovators who put people first, and through our purpose-driven culture and talented workforce, we are stronger than ever.
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