About the role

  • Procure and maintain corporate insurance program, including annual policy renewals and project wrap-up programs
  • Navigate discussions with brokers and carriers to optimize coverage, pricing, and overall risk transfer approach
  • Advocate for favorable insurance requirements in contract reviews and ensure insurance program is aligned with contractual requirements
  • Contract review to ensure contractual insurance terms are in line with company insurance programs and company’s risk transfer strategies
  • Review of insurance policies, including OCIP and Builders Risk coverage lines, to ensure accuracy and contractual compliance
  • Maintain insurance policies and request updates when changes occur
  • Assist in the development of risk control measures
  • Collaborate with Safety and key stakeholders to evaluate risk exposure and effectively communicate insurance coverage details
  • Assist with claims across all lines of coverage
  • Manage annual renewal process for insurance policies, ensuring timely updates, and identify potential coverage gap
  • Create subcontractor’s insurance requirements for each project
  • Procure certificates of insurance from broker as needed
  • Effectively communicate insurance related information and implications of decisions to department leaders and stakeholders
  • Field questions from project sites regarding minimizing potential insurance exposure for high-risk activities
  • Work closely with the estimating department to ensure accurate insurance costs are included in project bids
  • Provide training and resources to staff on insurance policies, risk management practices, and compliance requirements
  • Track insurance cost, support project teams and accounting to ensure premiums are being allocated correctly
  • Track, review, and enforce subcontractor insurance compliance across multiple projects
  • Resolve coverage issues with project teams, insurance professionals, and subcontractors
  • Mentor, train, and develop direct report

Requirements

  • 4-year bachelor’s degree from an accredited educational institution or equivalent industry experience
  • Relevant professional certifications or designations such as, Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU)
  • A minimum of 5 years of experience in commercial insurance management, preferably within the construction industry
  • Ability to write reports, business correspondence, and procedure manuals
  • Property/Casualty insurance knowledge or risk management knowledge
  • Proficient with Microsoft Office applications (i.e., Word, Excel and PowerPoint) and ability to learn web-based software applications
  • Strong written and verbal communication skills
  • Ability to work both independently and collaboratively in a team building environment
  • Excellent problem-solving skills, organization, and customer service skills with the ability to handle multiple tasks and exercise sound judgment
  • Ability to deal with ambiguity in a dynamic environment

Job title

Corporate Insurance Manager

Job type

Experience level

Mid levelSenior

Salary

$110,000 - $140,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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