Compliance Specialist, Insurance

Company Overview

Be a part of Stonhard and be a part of something big.

We are a world-leading manufacturer and installer of seamless floors, walls and lining systems and we offer diverse and challenging careers throughout the world.

We are also part of RPM Performance Coatings, an organization that generates more than $1.6 billion in annual revenue, employs over 4,600 people and maintains sales operations in more than 65 countries.

We are growing and we love what we do.

Does this sound like your kind of place?

Job Purpose

The Compliance Specialist - Insurance will play a pivotal role ensuring all subcontractor and project related insurance meets company compliance requirements, regulatory standards, and contractual obligations.

The role involves coordinating with customers, subcontractors, insurance brokers, and internal project teams to ensure compliance with insurance policies and procedures.

Cultivates positive relationships with internal and external stakeholders to ensure open communication and collaboration.

Principal Accountabilities

The following responsibilities are general duties that a particular employee in this position may or may not be required to perform.

The actual duties required of this position may vary. 

     Project Related


* Work closely with the contracts team throughout terms and conditions/contract review process to identify and assess project-specific insurance needs.


* Coordinate with Stonhard’s assigned insurance broker to procure necessary insurance certificates, policies and limits, based on customer requirements and Stonhard policy.


* Review and analyze insurance policies to ensure adequate coverage and compliance with project requirements.


* Respond to customer inquiries related to policies and coverages, providing detailed information and resolving issues in a timely manner.


* Escalate concerns to supervisors or leadership in a timely manner and with comprehensive recommendation(s).

Risk Management


* Identify and assess potential insurance risks associated with projects and subcontractors.


* Develop and recommend risk mitigation strategies to minimize exposure.


* Stay informed of industry trends and regulatory changes.

Compliance


* Ensure compliance with applicable insurance requirements, regulations, and company policies.


* Conduct regular audits and reviews to identify and address any compliance issues.

Documentation


* Lead annual policy renewal period planning and processes.


* Maintain accurate and up-to-date records of all insurance-related documentation.


* Prepare reports and presentations on insurance matters as required.

Subcontractors


* Offer guidance to internal teams on subcontractor insurance certificates, coverage limits, endorsements, and expiration dates.


* Monitor per project compliance requirements related to Stonhard and installation partner Controlled Insurance Programs.


* Ensure on-time Controlled...