Corporate Risk and Insurance Manager - Kirby Corporate Services LLC
Houston, TX 77001
About the Job
Corporate Risk and Insurance Manager to support the Corporation. Position will report to the Executive Vice President, General Counsel and Secretary of the Corporation and is responsible for preparing underwriting submissions and presentations for all insurance policies, assisting with the placement and administration of the Company’s insurance program including the payment of invoices, review of coverage binders and insurance policies, developing budget forecasts, reviewing policy audits, and contract reviews. The Corporate Risk and Insurance Manager serves as a liaison between Kirby, and its insurance broker with respect to insurance matters.
The position requires business management acumen and must demonstrate strong leadership, organizational, and time management skills, as well as have strong communication and client service skills.
Responsibilities
- Facilitate the procurement of insurance (renewals and new placements) and related in-house services, invoice approval and payment processing, certificates of insurance.
- Prepare underwriting submissions and presentations for all insurance policies, assist with placement of certain insurance, administration of insurance program.
- Manage Company’s captive insurance policy, including run-off programs.
- Compile loss history data and interface with actuary to develop annual IBNR reports for the Corporation and captive insurance program.
- Procurement of surety bonds (renewals and new issuances) and related in-house services, invoice approval and payment processing
- Review and advise on contract insurance policy language to ensure required coverage complies with operational, commercial, vendor, lease terms acceptable to the organization.
- Review bi-monthly expiring/expired vendor insurance requirements and ensure compliance with Kirby’s approved supplier program.
- Assist with coordinating site tours, risk surveys and loss adjuster site visits.
- Maintain a legal database of active insurance and subcontractor default claim matters.
- Act as the primary insurance point of contact daily.
- Work with various internal departments in development and/or review of revised language of various contracts and maintain a clear understanding the relevance of those provisions.
- Serve as a liaison amongst Kirby stakeholders and counterparties during the negotiation of non-standard contract terms and determine and address each affected department’s needs relative to those terms.
- Review and analyze insurance policies when an interpretation of contract terms is needed, or when identification of differences in selected terms across contracts is required.
- Act as a liaison working with broker, counsel and claims personnel involving coverage issues.
- Develop and present training programs to internal departments and participate in roundtable conferences with claims personnel on legal coverage matters.
- Review charter boat insurance requirements, provide insurance approval for chartered vessels and monitor compliance with contractual terms and conditions including review charter boat insurance policies and correspond with their agents.
- Maintain schedule of insurance policies, current and historical.
- Issue monthly charter boat summary reports to distribution list.
- Prepare and issue reports to third party broker for periodic insurance recruiting on a monthly, quarterly and annual basis.
- Provide customer/vendor lists to brokers for renewal.
- Review customer/vendor contracts for compliance with insurance requirements.
- Other duties as assigned.
Qualifications
- Strong business acumen and negotiation skills
- Ability to advise internal clients and advocate on behalf of the Company with third parties.
- Work collaboratively with other members of the corporate legal teams, claims teams and internal departments.
- Ability to exercise sound judgement in identifying risks to the Company.
- Ability to develop and advocate for effective solutions to mitigate risk.
- Highly organized, detail-oriented, self-motivated, responsive and results focused, proficient in developing and improving business processes.
- Experience in maritime insurance and legal experience is preferred.
- Knowledge of applicable federal, state, and local laws.
- Strong leadership, interpersonal, and communication skills to establish and maintain relationships with relevant internal counsel, business clients, and other Company stakeholders.
- Ability to coordinate and prioritize multiple projects and tasks while meeting established timelines.
- Ability to work independently and complete tasks in a self-directed manner.
- Ability to function effectively in a deadline driven environment.
- Strong work ethic and initiative.
- Excellent interpersonal skills.
- Occasional travel to the company’s other offices and jobsites will be required, travel to various meetings as assigned.
Experience/Education:
- 7+ years progressive experience in risk management, insurance practices.
- Bachelor’s or graduate degree with a concentration in business, risk management finance, law or other related field is preferred; extensive applicable experience may be considered.
- Requires proficiency with computer hardware and software including Microsoft Office applications, Oracle, Business Objects.
Physical Activities & Requirements:
- Standard Office Criteria
Working Conditions:
- The work environment is a temperature-controlled office of a moderately quiet sound level. Travel may be required. It is expected that all employees follow vessels and production sites safety rules and procedures when working in this environment. In the event of work being performed outside of a temperature-controlled environment, it is required that appropriate clothing, footwear, and PPE are worn at all times to maintain safety.
The above description covers the principal duties and responsibilities of the job. The description shall not, however, be construed as a complete listing of all miscellaneous, incidental, or similar duties which may be required from day-to-day. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.