An exciting career awaits you

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.

POSITION SUMMARY:

Financial Protection is responsible for designing, structuring, placing, and renewing MPC and MPLX insurance programs to maintain appropriate coverage and competitive terms. The team partners closely with business units to identify, assess, and manage risk exposures arising from operations, acquisitions, and divestitures. The organization also reviews contractual indemnity and insurance requirements, provides surety bonds and evidence of insurance (including self-insurance and financial responsibility filings), and coordinates insurance claim administration following major incidents.

Successful candidates must be strong communicators and collaborative team players, capable of working across internal organizations and with external partners.

KEY RESPONSIBILITIES:

• Applies working knowledge of process, accounting, finance, and risk/control theories, practices, and procedures within job.
• Performs a range of moderately complex assignments for ownership of limited risk process areas.
• Analyzes possible business solutions using standard procedures based on adequate guidance and direction.
• Collaborates with internal and external team members and participates in meetings to discuss analysis and/or analytical needs to support ongoing improvement.
• Renew insurance policies, balancing efficient risk transfer with reducing exposure
• Oversee administration of MPC’s captive insurance program, including governance, regulatory, financial, and operational requirements
• Administer OCIP programs, including contractor enrollment, coverage coordination, compliance, and ongoing program oversight
• Review insurance requirements and indemnity provisions in third-party contracts
• Coordinate financial reviews for the HES&S vetting program
• Oversee preparation of the Insurance department budget
• Educate business partners on insurance and risk management topics
• Support issuance of certificates of insurance and surety bonds

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in Business, Finance, Accounting, or related discipline required.
• Three (3) years in Accounting, Finance, or related field required.

TRAVEL:

• Up to 15% – 20%

As an energy industry leader, our career opportunities fuel personal and professional growth.

Location:

Additional locations:

Job Requisition ID:

Location Address:

Education:

Employee Group:

Employee Subgroup:

Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship  or any other status protected by applicable federal, state, or local laws.  If you would like more information about your EEO rights as an applicant, click here.

If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at https://mympcbenefits.com.The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.

Equal Opportunity Employer: Veteran / Disability

We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.