Perform financial/risk analysis and support organizational operations for the legal department (Legal Services, Risk and Ethics & Compliance). Responsible for maintaining and updating the data and reports relied upon by department management to make decisions and report period risk data and budget financials. Support initiatives to drive productivity, generate metric reporting and cost containment measures across the Legal organization. COMPANY MISSION: Great Food. Made Easy. We work to exceed the expectations of our customers, partners and stakeholders. Each day we are guided by cultural beliefs (Second to None, Talk Straight, Walk the Talk and Team Up) that define who we are and how we do business. DEPARTMENT MISSION: The mission of the US Foods Legal team is to protect the company by providing strategic, timely, proactive, practical and cost-effective advice and services that help the company grow and that meet the highest legal, ethical, safety and professional standards.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
+ Assists with management of the Legal department’s budget, accrual and forecasting processes.
+ Make recommendations to management regarding cost-saving opportunities. Identify and investigate exceptions and unusual patterns in the data.
+ Assists with negotiations and management of key law firm and other vendor relationships, including RFPs, fee arrangements, routine invoice management, etc.
+ Sources, evaluates, implements, trains and drives technological initiatives of various software systems used by the Legal department, including execution of companywide contract lifecycle management system and assisting with the full implementation of matter management and billing software.
+ Assists with the analysis and development of monthly and quarterly business metrics and provides operational analysis through reports and dashboards.
+ Manages resources focused on E-Billing and provides oversight and assistance with the integration of same with our Accounts Payable (AP) system.
+ Review indemnification/hold harmless agreements, vendor insurance waivers, certificate of insurance requests and surety bond requests. Identify vendors or customers that do not meet minimum insurance or indemnity language requirements and provide guidance to Vendor Administration regarding additional information needed to make a final approval/denial decision.
+ Own process to assemble and analyze annual underwriting data for all insurance renewals (5/26 Executive Risk, 11/1 Casualty, and 1/31 Property) by partnering with field and corporate resources.
+ Review insurance policies checking for accuracy and confirm bound coverage is correct.
+ Own annual insurance program audit process from resubmitting exposure/loss information to addressing insurance company auditor questions and reviewing final audit output for accuracy.
+ Own risk management responses to internal and external audit review of claims handling process and reserving of outstanding liabilities. This requires review of claims/financial data across multiple vendor systems including testing of individual claims/transactions with supporting documentation.
+ Review monthly actuarial analysis and recommend opportunities for lowering claims costs. Participate in the Accounting and actuary review to confirm claims development trends are appropriate prior to booking accrual balance adjustment.
+ Create and manage the process and database for tracking the physical asset loss prevention including the resolution process.
General Analytics and Reporting
+ Manage the data systems to ensure data accuracy and work with vendors to identify and correct any errors. Develop means to gather and maintain exposure/policy data in current systems to allow for enhanced rate-based reporting and analytics.
+ Development of metrics, scorecard and dashboard packages used by various functions to inform business decisions.
+ Prepare ad hoc reporting as necessary to support senior leaders, department initiatives and field based operations.
+ Identify opportunities to improve reporting and analytics processes and work with the various stakeholders to implement changes.
# EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status
BA or BS required; accounting or finance degrees preferred. Insurance/risk management certifications preferred but not required (CPCU, ARM, AIC).
*Related Experience:*Minimum of 4 years of related work experience required.
·One or more years experience working with various reporting software programs require
·1-3 years analyzing data and making recommendations required
·Experience in finance, internal audit, legal department or law firm preferred.
Required Knowledge/Skills/Abilities :
+ Able to ascertain trends and significant issues from data
+ Manage both the electronic and manual invoicing processes
+ Ability to develop and create reports from matter management and e-billing databases using standard report writer.
+ Knowledge of shared servers, ftp sites, database systems, etc. used both internally and externally
+ Ability to write and speak effectively
+ Experience working within a strong team environment
+ Strong Excel and PowerPoint skills
+ Bias toward process building and/or improvement
Physical Requirements: Office environment
Primary Location: IL-Chicago Metro-Rosemont
Shift: Day Job
Job Function: Legal Operations and Risk Management
Job Level: Individual Contributor
**Primary Location:** Rosemont-IL
**Schedule:** Full-time **Shift:** Day Job
**Job Function:** Risk Management
**Job Level:** Individual Contributor
About US Foods
Why US Foods? As one of America’s top 10 largest private companies, we offer talented professionals outstanding opportunities for personal and professional development. We maintain a strong focus on growth in a high-performance environment. That means your work will be challenging and rewarding. We conduct business in a highly ethical manner and maintain an unwavering commitment to operational excellence, safety, and environmental responsibility. As important, we encourage collaboration and value each member of our diverse and talented team.