Insurance Manager

Sargent & Lundy•Chicago, IL

6d•Hybrid

About The Position

Sargent & Lundy is a global leader in power and energy consulting, recognized for its innovation, integrity, commitment to quality, and inclusive culture. We provide clients and partners across the United States and internationally with trusted, comprehensive expertise. Sargent & Lundy offers challenging work, workplace flexibility, competitive compensation, and a comprehensive benefits package. We are currently seeking an Insurance Manager! This position allows for a hybrid work schedule with the expectation of 3 days in our downtown Chicago, IL office and 2 days working remotely from home.

Requirements

Bachelor’s degree required
Minimum of 10 years of experience in the business insurance industry
Experience in underwriting, insurance brokerage, or in-house insurance/risk management
Strong knowledge of business insurance programs, including professional liability, general liability, and related commercial coverages
Experience reviewing and commenting on contractual insurance requirements
Experience managing renewals and supporting ongoing insurance program administration
Strong written, verbal, and interpersonal communication skills
Ability to work effectively with executive leadership, legal counsel, brokers, and internal business stakeholders
Ability to provide strategic, practical, and creative solutions
Strong organizational skills and attention to detail

Nice To Haves

Experience in the engineering industry
Experience in the construction industry
Experience with captive insurance programs
Professional designations such as CPCU, CRIS, ARM, RPLU, AINS

Responsibilities

Manage and administer Sargent & Lundy’s business insurance program on a day-to-day basis.
Work closely with the Vice President of Commercial, General Counsel, and insurance broker to maintain and continue to develop the company’s insurance program.
Oversee underwriting data collection and prepare global insurance renewals and applications for the U.S., Canada, and other jurisdictions.
Review, comment and assist with negotiations on insurance requirements in client contracts, supplier contracts, and other commercial agreements.
Assist in evaluating insurance-related risks and exposures and provide practical recommendations.
Develop strategies and creative solutions for a variety of insurance and risk-related situations.
Coordinate with internal stakeholders, brokers, carriers, and other external partners regarding insurance matters.
Support administration and ongoing management of key corporate insurance coverages, including professional liability, general liability, and other business insurance lines as applicable.
Maintain organized records and documentation related to insurance policies, renewals, requirements, and related matters.
Evaluate creative insurance program structures, including various towers, alternative risk financing strategies, including captives, and project specific policy placements.