Insurance Program Specialist

POSITION SUMMARY

Reporting to the Manager, Insurance Programs, the Insurance Program Specialist manages a suite of insurance programs, including self-insurance, fleet insurance, property insurance, course of construction and wrap-up liability insurance, commercial premises, and operating insurance. He / She / they are responsible for investigating, negotiating, and settling claims, assessing insurance risk exposure and coverage sufficiency, negotiating third-party coverage, drafting appropriate policy and coverage wording, negotiating insurance inclusions, and reviewing and approving contractual clauses and covenants related to insurance. The position is responsible for evaluating insurance requirements and programs, assessing enterprise-level liability exposure, loss trends and insurance program sufficiency, and understanding and complying with complex legal, regulatory and policy requirements. The role plays the lead role in negotiating, liaising and providing direction to insurance companies, brokers, the Ministry of Finance’s Risk Management Branch, insured parties, legal counsel, and teams across the organization. The position is also responsible for developing and delivering training and education for staff, drafting guidelines, procedures, reports and submissions, and fostering strong relationships with high-value stakeholders.

CANDIDATE PROFILE

The successful candidate will have the following :

EDUCATION & EXPERIENCE :

• Bachelor’s Degree in Finance, Business Management, Public Policy, Risk, or related field.
• Chartered Insurance Professional (CIP) designation or the Canadian Accredited Insurance Broker (CAIB) designation and / or Canadian Risk Management (CRM) designation.
• Considerable experience in insurance, claims management, or other relevant field.
• Or an equivalent combination of education, training, and experience acceptable to the employer.

KNOWLEDGE, SKILLS AND ABILITIES :