Responsible for the support, development, interpretation, coordination, and administration of the corporation’s policies relative to property and casualty insurance, self-insurance, captive insurance and risk management. The principal objective is to have effective management of risks (property and casualty losses to which the corporation is exposed) through supervision and coordination of loss prevention, asset protection, insurance, and claims control. Domestic and/or international travel may be required.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Maintain awareness and knowledge of risk conditions prevailing in all elements of the corporation, analyze new or potential risk situations and recommend appropriate courses of action.
- Coordinate property and casualty insurance claims control function at all locations.
- Continuous review of existing safety, environmental, loss prevention, employment and security programs as related to the management of risk or accidental loss.
- Maintain historical record of all losses, insured and uninsured, including recoveries and reserves set by insurance companies.
- Review leases, contracts, sales and finance agreements, and ascertain compliance with appropriate insurance requirements.
- Coordinate risk control activities and monitor compliance for:
- Security/Asset protection
- Personnel safety/OSHA
- Automobile safety
- Property conservation, fire safety and fire prevention
- Emergency preparedness
- Business recovery
- Coordinate the reporting of property and cargo claims to insurers or against third parties and process such claims.
- Prepare detailed investigative reports that are factual, timely, well written and logical.
- Collect company data, on which insurance premiums are based, verify the accuracy and validity of policies and premiums when received, prepare the reports that are required by the insurance companies and assist with premium allocation tasks.
- Maintain premium payment schedule
- Support the activities of the corporation’s subsidiaries and offices both domestic and foreign as they relate to the various professional consultants, insurance brokers and insurers concerned with the corporation’s insurance programs.
- Maintain surveillance over existing programs of self-insurance and risk assumption to assure continued cost effectiveness.