Director of Risk and Claims

Position Summary: This position will consult with finance, operations, brokers, third party claim administrators, and insurers to analyze and select the best risk retention/transfer options to protect the organization against unforeseen losses. Insurance responsibilities include the purchase, oversight and management of workers' compensation, general liability, automobile liability, umbrella, excess umbrella, property, builders risk, installation floater, and executive liability insurance policies. Management and oversight of state, county, and/or city contractor, engineering, and business licenses. Management and supervision of claim activities with in-house claim staff, insurance carriers, third party administrators and defense counsel. Preparing and presenting loss analysis, budgets, risk allocation programs to finance and senior management. Support the contracts team in the review of contracts and related project documents to provide appropriate and specific comments including proposed exceptions (internal and external) to mitigate undesirable risks in accordance with senior management, risk management, insurance standards and legal statutes. Review leases with operations and contracts team and provide specific comments including exceptions to mitigate undesirable contractual risk assumptions.

Essential Functions:

· Preparation of detailed exposure submission and applications for property, casualty, workers’ compensation and executive liability insurance programs; meet with brokers and carriers to negotiate coverage, terms, retentions, pricing including the preparation of spreadsheet and analysis on program and pricing for finance and senior management.

· Review all insurance policies and premium invoices, contracts and maintain a schedule of insurance coverages.

· Schedule and monitor loss control visits and respond to internal and external recommendations and communications.

· Assist operations with bonding, special contract insurance requirements including, but not limited to RRP policies, installation floaters, builders risk policies, CIPs and OCIP programs.

· Review and forecast all retrospective rating plan refunds and additions.

· Management and oversight of internal and external insurance carriers and agencies, conduct internal and external audits ensuring accuracy and optimal asset utilization while reducing risk.

· Lead, manage and oversee relevant corporate activities related to claims including the supervision, training and mentoring of claims staff.

· Work with contract teams in the review, interpret, evaluate and respond to contracts, requests for Proposals (RFPs), bids, etc. while working with business operations and senior management to ensure awareness of contractual provisions and risks.

· Management and oversight to ensure contractor, engineering, and other business licenses are properly acquired and maintained.

· Work with contracts team and other risk management teams to develop risk management standards, tools, processes and process improvements to mitigate calculated, organizational risks.

· Management and oversight of Certificates of Insurance and maintain all insurance records including binders, policies and other coverage placement documents

· Performs other related duties as required and assigned.

Minimum Requirements:

· Bachelor Degree in Business. MBA is a plus.

· CPCU, ARM, CIC designation or equivalent industry experience.

· Eight plus years in the construction or utility business. Significant experience working with the rank and file (field associates) is a definite plus.

· Eight plus years as a Corporate Risk Manager or, Director or VP with a large multinational construction, mining or utilities company (500+ mm annual sales/receipts).

· Negotiations experience and a track record of success with 3rd party insurance entities.

· Five plus years of extensive finance and accounting experience / background.

· Two plus years of managing and leading a staff of at least three employees.

· Ability to work independently with minimal supervision.

Competencies:

· Excellent organizational, planning skills and attention to detail.

· Ability to work with various levels of management and clients .

· High level of commitment to achieving goals and plans.

· Demonstrated skills in verbal/written communication.

· Demonstrated negotiating and decision-making skills.

· High energy level with the ability to work in a fast paced and sometime ambiguous environment.

· Excellent ability to understand, interpret and modify contractual and legal language.

· Proficient in the use of MS Office and database tools

· Self-Motivated

· Team-Oriented

· Customer Oriented

· Collaborative Skills

· Problem Solving/Analysis

· Personal Commitment and Accountability

· Relationship Management

· Must be able to follow Company safety rules and all other Company policies

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand; walk; use hands and fingers to handle, feel, or operate objects, tools or controls;; reach with hands and arms.

Work Environment:

While performing the duties of this job, the employee is not substantially exposed to adverse environmental conditions (such as in typical office or administrative work). The employee may be subject to one or more of the following atmospheric conditions that affect the respiratory system of the skin: fumes, odors, dust, mists, gases, or poor ventilation.

EOE/Minorities/Vet/Disabled

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as requested to meet the ongoing needs of the organization.