Contract Insurance Specialist

Shambaugh & Son, L.P.Fort Wayne, IN
1dOnsite

About The Position

Shambaugh & Son L.P. is seeking a Contract Insurance Specialist. This position will report to our Sr. Vice President & General Counsel, and will provide timely and professional insurance contracting advise to our legal, finance, and purchasing departments, while supporting the growth of our construction company. #shambaugh #LI-TS #LI-onsite

Requirements

  • Bachelor's degree in business, management, or closely related field and a minimum of 3 years of demonstrated recent professional-level experience in contract review/formation, with elevated understanding of property and casualty insurance.
  • Experience or expertise with insurance coverages and language that identifies and described such coverages typically offered in the construction industry.
  • Exceptional interpersonal skills and the ability to communicate effectively both orally and in writing, with colleagues, customers, and vendors.
  • Must have excellent and detailed reading comprehension.
  • Must be familiar with Microsoft Word, Adobe, and Microsoft Excel.
  • Strong attention to detail and organizational skills.
  • Ability to multitask and prioritize.
  • Always improving skills to become a stronger team member.
  • Regular and reliable attendance, including the ability to work extended hours and weekends as required

Responsibilities

  • Provide support to the corporate legal team during contract reviews by examining client contracts for appropriate insurance requirements and limits, indemnity language, and customer required coverages.
  • Redline terms to comply with internal insurance compliance versus customer requests.
  • Negotiate deductible caps in customer contracts.
  • Verify contractual coverage for builder’s risk.
  • Coordinate with General Counsel and VP of Finance to mitigate insurance related risks, and support development of creative solutions and coordination of contractual risk mitigation with appropriate risk controls.
  • Track projects covered by OCIP/CCIP.
  • Provide support to the Risk and Claims Manager during claim investigations.
  • Research applicable laws and remain abreast of changes with our corporate insurance program.
  • Provide risk management and insurance expertise, training, updates and advice to colleagues in legal department, finance, purchasing and others who handle certificates of insurance and insurance compliance related issues.
  • Other duties as assigned.

Benefits

  • As a leading provider of mechanical and electrical construction, facilities services, and energy infrastructure, we offer employees a competitive salary and benefits package and we are always looking for individuals with the talent and skills required to contribute to our continued growth and success.
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