Insurance Risk Management Specialist
2 days ago
Compass Corporate is seeking a highly skilled Insurance Risk Management Specialist to support the Director of Insurance and Insurance Manager with insurance placement, coverage review, vendor management, and contract support for the Compass Group program.
This role is responsible for evaluating company exposure data, completing insurance carrier applications, and providing customer service to all operations of the company, including Canada.
Key Responsibilities- Supervise the issuance of Certificates of Insurance/Memorandum of Insurance and auto ID cards as requested on an ad hoc basis, as well as post-renewal issuance.
- Assist the Insurance Manager in the insurance renewal process for all lines of coverage, including casualty, property, and financial.
- Assist with exposure collection, binding, policy, endorsement, and audit tracking.
- Maintain a schedule of insurance, premium payments, and expiration control log.
- Review insurance terms within contracts related to supplier, vendor, client, and landlord agreements to ensure compliance with the corporate insurance program and vendor requirements.
- Review and maintain proper electronic and hard copy files of the insurance policy documentation, including proposals, binders, policies, and endorsements.
- Excellent collaboration, negotiation, persuasion, and diplomacy skills to work closely with internal and external clients and vendors as a team player.
- Achieve Successful Results – Takes the initiative to get things done.
- Demonstrates Adaptability – Works effectively in the face of stress, ambiguity, difficult situations, and shifting priorities.
- Communication Skills - Excellent written and verbal communication skills. Ability to foster open communications, listen effectively, and build strong partnership networks.
- Technological Competence - Knowledge of risk management technology and the ability to leverage such tools to improve the organization's decision-making criteria.
- Bachelor's Degree or 5 years' experience in a corporate risk management or insurance broker setting working for large complex accounts.
- In-depth understanding of the technical and structural provisions of various types of large deductible or SIR property, casualty, and financial insurance policies.
- Competent in utilizing common computer software programs, such as Microsoft Office, Excel, and PowerPoint.
- Minimal travel required.
Compass Corporate is an equal opportunity employer. We are committed to treating all Applicants and Associates fairly based on their abilities, achievements, and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or any other classification protected by law.
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