Insurance/Risk Manager

Insurance & Risk Finance:

 

Responsible for the risk transfer design, insurance plan review and evaluation of overall insurance program efficiency.

 

Makes recommendations on retention, limits and alternative financing options to manage overall cost of risk. Provides instructions and oversight for the setting of coverage criteria/requirements, target premium, and negotiation of coverage enhancements and placement of insurance policy wording with insurance broker. Maintains knowledge of trends and developments in, and the condition of, the insurance marketplace in order to adjust coverage and risk management strategies appropriately. Responsible for the maintenance of KS Insurance policy form to ensure timeliness and completeness of policy form and optimal protection for KS. 

 

Contract & Coverage Review:

 

Utilizes risk management expertise, insurance industry knowledge, and market place intelligence, to analyze and assist internal clients with negotiation of insurance & indemnification provisions within leases and third party contracts.

 

Provides recommendations and feedback in partnership with KS Legal Division and internal clients on minimum insurance requirements in concert with current KS insurance coverage. Upon request, assists with due diligence on a variety of business transactions, acquisitions and joint ventures. Responsible for ensuring transactions are adequately insured by identifying insurable risks during the transaction process and ensuring in-force coverage meets appropriate contractual standards by review of contracts, insurance policies and certificates to ensure compliance with company, client, partner and lender insurance requirements. Assist with all general insurance and risk management questions. 

 

Reporting & Analysis:

 

Compiles statistics and prepare reports & analysis of loss ratios, claim loss experience, incident reporting/trending and insurance market trending to assess overall performance of the KS Insurance & Risk Management Program. Assists with the forecasting and analysis of insurance and retention costs for management reporting and in preparation of budgets.

 

Analyzes the information to prepare recommendations for improvement to the overall KS Risk Management Department. 

 

Develops and maintains current schedules and summary of insurance reflecting all policies, premiums, limits etc.

 

Prepares underwriting submissions and applications for casualty, property and financial products insurance. Coordinates internal exposure data gathering and communications to broker and outside reporting (schedules of all entities, automobiles, properties, incomes, payrolls, financial reports, etc.)  

 

General Risk Management:

 

Responsible for day to day operation of the KS’ Insurance Program. Responsible for all insurance related transactions, working with members of Risk Management Department, KS Legal Division and insurance companies to maximize claim recovery and avoid cancellation, non-renewal or denial due t  
 

Position Requirements 

 

Minimum general insurance experience of five years with an insurance broker, carrier or risk management related field is required. 

 

Possesses solid knowledge of the principles and practices of the risk management process (risk analysis, risk control, insurance and claims processing). Possess insurance industry experience with excellent technical expertise and knowledge of current ISO policy forms and ability to research coverage issues across various lines of insurance. 

 

Excellent oral and written communication skills and customer focus are very important due to the degree of interaction with the varied internal and external customers. Interpersonal skills and working with teams is also required.  

 

Computer/Software Skills of a medium or higher level. Microsoft Platform: Excel, Word, PowerPoint. Good knowledge of spreadsheet preparation is required. 
 

Educational Requirements 

 

Bachelor's Degree and Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), Certified

 

Risk Manager (CRM), Certified Insurance Counselor (CIC) or equivalent - completed or near completion. 

 

APPLY ONLINE AT:

 

http://ks.isg2.com/menu.asp?ClientID=479&Top=&Target=&B_ID=&SearchText=&KeyType=all&ReqNum=009310&DivisionID=0&CatID=0&LocationID=0&x=0&y=0