JOB SUMMARY

The Risk Insurance Manager is responsible for managing and placement of all corporate insurance policies, as well as implementing insurance programs company wide. Partnering with project teams as well as internal support resources on matters related to insurance for specified construction projects will be required. This position is also responsible for the overall management and administration of all CCIP placements, creation of CCIP manuals, including the management process, administration, policy document review/assessment, and calculation of CCIP subcontractor credits, whether performed in-house or by an outside vendor. For all OCIP projects, this position advises the teams with the management process, administration, policy document review/assessment, and Contractor credits. This position requires troubleshooting, and training of personnel within the various Pankow regions. The position manages and implements the subcontractor prequalification process and administers and tracks bonds issued on behalf of CPBL.

PRIMARY ACCOUNTABILITIES

• Oversee the administration and delivery of all documentation related to insurance policies, including the certificates of insurance database administration.
• Administers and conducts review of subcontractor prequalification process, including review of financials, and administers 3rd party prequal vendors.
• Administers and tracks bonds issued on behalf of CPBL
• Timely gathers underwriting data and completes renewal applications.
• Manages the Subcontractor credit collection process
• Monitors premiums and costs associated with insurance program
• Assist VPRM in the review of policies and contracts and provide guidance to company personnel regarding general insurance terminology, coverages, limits, etc.
• Assist the assessment and determination or coverage levels and negotiation of policy terms and premiums.
• Reviews of evidence of insurance received from subcontractors to confirm compliance with requirements
• Administers requests for evidence of insurance provided by CPBL to 3rd parties
• If any, manages Insurance compliance team, Subcontractor Compliance Coordinators, Insurance Specialist.
• Insurance Audit Management
• ACIG & Woodruff Sawyer Policies include timely close-out of project specific policies.
• Gathering, tracking, and coordinating underwriting information from client business teams for policy placements.
• Compile data to assist and supplement reporting by accounting for ACIG and financial audits, relative to project set- up, billing and invoice processing.
• Manage lower tier property damage claims involving auto, on site and adjacent property (under various policies of insurance) and equipment damage claims.
• Management of purchase/placement of job specific CCIP’s and Builders Risk insurance programs for construction activities.
• Management of relationships with third party service providers including brokers, insurers, and other third-party administrators.
• Tracking client project closings and/or construction progress to assess, place, renew and/or follow up on insurance needs.
• Monitoring compliance with insurance requirements and procedures.
• Coordinating with legal, project management, and safety associates to assist in the overall implementation of risk management strategies and policies.
• Manage and/or train other Subcontractor Compliance Coordinators & Insurance Specialist as needed.
• Assist corporate accounting, as needed, with timely payments of all insurance premiums.
• Assist Leadership with the set-up, tracking, and payment of invoices for Legal/Insurance corporate budget.

EDUCATION/TRAINING:

• CRIS certification is required

KNOWLEDGE/SKILLS/ABILITIES:

• Microsoft office, Word, Outlook, Excel, PowerPoint
• Excellent written & verbal communication skills
• Self-starter with the ability to prioritize multiple projects
• Strong organizational skills
• Excellent time management skills

WORK EXPERIENCE:

• Minimum of 7-10 years of dealing with insurance items for a General Contractor or a Subcontractor