Corporate Risk and Insurance Manager

Overview

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...