Treasury Associate Manager

Overview

At Pepsi Co, you’ll discover a place where our mission is to create smiles around the world. With a portfolio of more than 500 beloved brands including Gatorade, Lay’s, and Quaker, our work touches millions of people every day.

At the heart of the company is a team of thinkers, creators, and problem-solvers who collaborate to innovate and turn ideas into action. Driven by innovation and a focus on creating joyful moments through food and drinks, our decisions are guided by consumer centricity, creating opportunities for our associates to do meaningful work and make a lasting impact in the communities we serve.

Whatever your role, you’ll be part of a global community that values your ideas and empowers you to make an impact, on your career and on the world around you.

Pepsi Co’s Treasury Risk Management function evaluates enterprise exposures and quantifies the financial impact of loss events to inform risk financing decisions. The team designs and executes strategies to reduce total cost of risk across insurance placement, risk retention, and internal cost allocation.

In this role, you will provide analytical, financial, and operational support for Pepsi Co’s global insurance programs and captive insurance companies. Success in this role requires strong data fluency, the ability to translate complex analyses into clear recommendations, and effective partnership with brokers, actuaries, insurers, and internal stakeholders.

Candidates will have opportunities to rotate within Pepsi Co’s broader Treasury organization over time to expand skills and build a well‑rounded finance and risk management foundation.

This is a hybrid role based in our Purchase, NY office.

• Collect, analyze and harmonize loss and risk data to develop insights for risk mitigation and support insurance renewals. Prepare management reports to ensure effective communication and monitoring of risk improvement projects.
• Support end‑to‑end renewal execution for assigned programs in partnership with brokers and insurers. Prepare and validate underwriting submissions, applications, and exposure schedules; coordinate data requests and timelines; summarize quotes and coverage terms; and document recommendations to support decision‑making.
• Serve as a risk management partner to international business units by supporting local policy placements and renewals, collecting and validating exposure and asset data. Help ensure program consistency, appropriate coverage, and compliance with local requirements in collaboration with regional stakeholders.
• Support day‑to‑day captive operations and governance, including coordination with captive manager, review of claims activity and funding, and maintenance of key documents (board materials, policies, and service provider records). Prepare and reconcile premium, loss, and expense allocations; support quarterly and annual financial reporting; and assist with regulatory filings and audits to ensure timely compliance.
• Partner with external actuaries to support loss reserving and cost‑of‑risk analyses by compiling exposure and claims data, reviewing study results, and translating findings into clear summaries to inform insurance renewals and captive funding decisions.
• Lead and/or support cross‑functional projects as assigned and engage in technology‑enabled transformation initiatives. Collaborate with cross‑functional teams (e.g., Legal, Tax, and Control) on strategic initiatives.

• The expected compensation range for this position is between $93,500 and $156,450.
• Location, confirmed job‑related skills, experience, and education will be considered in setting actual starting salary. Recruiters can share more about the specific salary range during the hiring process.
• Bonus based on performance, with a target payout of 10 % of annual salary paid out annually.
• Paid time off, including paid parental leave, vacation, sick, and bereavement.
• In addition to salary, Pepsi Co offers a comprehensive benefits package: medical, dental, vision, disability, health and dependent care reimbursement accounts; employee assistance program (EAP); accident, group legal, and life insurance; and…