Corporate Insurance Manager

Morley Builders • Santa Monica, CA

122d

About The Position

The position is responsible for procuring and maintaining the corporate insurance program, which includes managing annual policy renewals and project wrap-up programs. The role involves navigating discussions with brokers and carriers to optimize coverage, pricing, and overall risk transfer approach. The individual will advocate for favorable insurance requirements during contract reviews and ensure that the insurance program aligns with contractual requirements.

Requirements

• 4-year bachelor’s degree from an accredited educational institution or equivalent industry experience.
• Relevant professional certifications or designations such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU).
• A minimum of 5 years of experience in insurance management, preferably within the construction industry.
• Ability to write reports, business correspondence, and procedure manuals.
• Property/Casualty insurance knowledge or risk management knowledge.
• Proficient with Microsoft Office applications (i.e., Word, Excel, and PowerPoint) and ability to learn web-based software applications.
• Strong written and verbal communication skills.
• Ability to work both independently and collaboratively in a team-building environment.
• Excellent problem-solving skills, organization, and customer service skills with the ability to handle multiple tasks and exercise sound judgment.
• Ability to deal with ambiguity in a dynamic environment.

Responsibilities

• Contract review to ensure contractual insurance terms are in line with company insurance programs and company’s risk transfer strategies.
• Review of insurance policies, including OCIP and Builders Risk coverage lines, to ensure accuracy and contractual compliance.
• Maintain insurance policies and request updates when changes occur.
• Assist in the development of risk control measures, including implementing processes/system applications for risk management practices.
• Collaborate with Safety and key stakeholders to evaluate risk exposure and communicate insurance coverage details.
• Assist with claims across all lines of coverage.
• Manage annual renewal process for insurance policies, ensuring timely updates and identifying potential coverage gaps.
• Create subcontractor’s insurance requirements for each project.
• Procure certificates of insurance from broker as needed.
• Effectively communicate insurance-related information and implications of decisions to department leaders and stakeholders.
• Field questions from project sites regarding minimizing potential insurance exposure for high-risk activities.
• Work closely with the estimating department to ensure accurate insurance costs are included in project bids.
• Provide training and resources to staff on insurance policies, risk management practices, and compliance requirements.
• Track insurance costs and support project teams and accounting to ensure premiums are allocated correctly.
• Track, review, and enforce subcontractor insurance compliance across multiple projects.
• Mentor, train, and develop direct report.

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees