Insurance Program Manager
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.
Essential Duties and Responsibilities :
- Contract review to ensure contractual insurance terms are in line with company insurance programs and company's risk transfer strategies. This includes project contracts, lease agreements, subcontracts, purchase orders, etc.
- 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. This may include implementing processes / system applications to ensure that the best and most up-to-date risk management practices are established across the company
- 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
Other Job Functions :
Perform other related tasks as assigned, some of which may become essential to the positionAdhere to all company and departmental safety policies including use of personal protective equipment when necessarySupervisory Requirements :
Supervise, train, and develop Risk Management AssociateInteractions :
Executive leadership team, managers and employees at all levelsKey department headsThird party vendors and brokersSubcontractorsRequirements
Education / Training :
4-year bachelor's degree from an accredited educational institution or equivalent industry experienceRelevant professional certifications or designations such as, Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU)Experience Required :
A minimum of 5 years of experience in insurance management, preferably within the construction industryKnowledge, Skills and Abilities (KSA's) :
Ability to write reports, business correspondence, and procedure manualsProperty / Casualty insurance knowledge or risk management knowledgeProficient with Microsoft Office applications (i.e., Word, Excel and PowerPoint) and ability to learn web-based software applicationsStrong written and verbal communication skillsAbility to work both independently and collaboratively in a team building environmentExcellent problem-solving skills, organization, and customer service skills with the ability to handle multiple tasks and exercise sound judgmentAbility to deal with ambiguity in a dynamic environmentPhysical Demands :
Ability to sit or stand for extended periods of timeIntermittent walking to gain access to work areasFinger dexterity sufficient to use a computer and to complete paperwork activitiesVision sufficient to use a computer, to read written materials and to complete paperwork activitiesHearing sufficient to communicate with individuals by telephone and in personAbility to lift up to 25 poundsWork Environment :
Office setting with quiet to moderate noise levels in temperature-controlled environmentWorks in other areas at the facility as neededProject jobsitesNote : Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
Morley Builders is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and / or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.