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Insurance Risk Manager
2 months ago
We are seeking a highly skilled Insurance Risk Manager to join our team at the Walbec Group. As an Insurance Risk Manager, you will be responsible for managing and administering our corporate property and casualty insurance programs, as well as Cyber Risk, Management Liability, and Environmental Liability insurance.
Key Responsibilities- Procure, manage, and administer corporate property and casualty insurance programs, including Cyber Risk, Management Liability, and Environmental Liability insurance.
- Manage insurance strategy with brokers, including approval of submissions and negotiation of coverage terms and premiums.
- Lead the compilation and development of underwriting data for annual renewal and audit of all insurance programs in coordination with the Insurance Analyst.
- Manage and communicate data updates throughout the policy year as needed.
- Provide direction to broker, insurers, third-party administrators, and defense attorneys.
- Partner with claims, legal, and insurance companies for insurance program improvements.
- Edit and negotiate contract terms with project GCs and owners and oversee risk transfer in subcontracts/vendor agreements.
- Procure appropriate contract-specific insurance coverages to comply with contract insurance requirements, Joint Venture bids, Builders Risk insurance, and accompanying certificates of insurance.
- Provide insurance forecasts and financial reports; analyze annual insurance premiums, exposures, and financial performance of insurance programs.
- Administer Owner Controlled Insurance Program enrollments and ongoing paperwork in collaboration with the payroll department.
- Assist with management of corporate surety program, coordinating with internal teams and management of broker and underwriter relationships to facilitate timely delivery of project-specific bonds.
- Bachelor's degree in insurance, Risk Management, Finance, Business Administration, Legal, or Paralegal, or similar program.
- At least three years of experience in insurance, risk management, or related fields.
- Proficiency with computer applications, including Microsoft Office suite and RMIS database systems.
- Ability to read, understand, and interpret contract and insurance documents and forms.
- Demonstrated interpersonal skills and ability to work with staff at all levels, both internal and external.
- Strong sense of urgency; good time management and organizational skills.
- Valid Driver's License and satisfactory driving record.
- Excellent wages and benefits packages.
- Job security in our role as an essential company providing infrastructure services.
- Growth opportunities working alongside and learning from experienced industry professionals.
- Be involved in innovative and exciting projects throughout the local area and the state.
- Family-oriented, supportive culture.