Risk and Insurance Analyst

at  Starlight Investments

Location
Head Office
Overview
Reporting to the Vice-President, Risk and Insurance, the Risk and Insurance Analyst will be responsible for participating in strategic initiatives and overall risk and insurance program improvements while continuing to improve internal and external organizational delivery systems, processes, and service levels.

Duties and Responsibilities

• Ensure all insurance policy documentation (binders, policies, endorsements) and invoicing is requested, monitored, and processed in a timely manner
• Monitor all insurance policy renewal deadlines and assist in obtaining and coordinating the information and documentation required sufficiently in advance of new and renewal policies
• Ensure the quarterly premium adjustments for acquisitions, refinancings and dispositions are accurate
• Manage the lender insurance reviews, ensuring the insurance certificates are provided and approved to the lender consultants sufficiently in advance of all acquisition and refinancing closings
• Ensure construction information for development projects are obtained, monitored, and coordinated with the insurance broker(s)
• Monitor the timing and progress of all development projects; identify to the broker when policy extensions are required and ensure the construction insurance is in place for the duration of the project
• Manage all third-party insurance certificate requests throughout the year, providing stakeholders with accurate certificates in a timely manner
• Ensure all property and boiler loss control inspections are scheduled at the properties and responses to insurer recommendations are completed in a timely manner
• Organize and maintain all departmental documentation in accordance with document management protocols
• Organize and maintain in real-time the insurance and risk management data in the Risk Management Information System (RMIS)
• Generate PowerPoint presentations and RMIS reports
• Assist in the update of the Risk and Insurance Manual

Requirements

• Diploma in a related field of study and/or willing to work towards insurance certifications such as CRM or CIP
• Two years of experience in the commercial insurance industry considered an asset
• A keen focus on attention to detail
• A team player; strong communication and interpersonal skills
• Exceptional organizational skills
• Strong Excel and PowerPoint capabilities
• Ability to multi-task, be pro-active and inquisitive, self-start, set priorities, work independently and in transactions, and see projects through to completion

• Ensure all insurance policy documentation (binders, policies, endorsements) and invoicing is requested, monitored, and processed in a timely manner
• Monitor all insurance policy renewal deadlines and assist in obtaining and coordinating the information and documentation required sufficiently in advance of new and renewal policies
• Ensure the quarterly premium adjustments for acquisitions, refinancings and dispositions are accurate
• Manage the lender insurance reviews, ensuring the insurance certificates are provided and approved to the lender consultants sufficiently in advance of all acquisition and refinancing closings
• Ensure construction information for development projects are obtained, monitored, and coordinated with the insurance broker(s)
• Monitor the timing and progress of all development projects; identify to the broker when policy extensions are required and ensure the construction insurance is in place for the duration of the project
• Manage all third-party insurance certificate requests throughout the year, providing stakeholders with accurate certificates in a timely manner
• Ensure all property and boiler loss control inspections are scheduled at the properties and responses to insurer recommendations are completed in a timely manner
• Organize and maintain all departmental documentation in accordance with document management protocols
• Organize and maintain in real-time the insurance and risk management data in the Risk Management Information System (RMIS)
• Generate PowerPoint presentations and RMIS reports
• Assist in the update of the Risk and Insurance Manua