Senior Risk Manager in Schnitzer - Portland, OR (Clay St Offices) at Schnitzer Steel Industries

Date Posted: 9/16/2018

Job Snapshot

Job Description

The Senior Risk Manager is responsible for the risk management and insurance programs for all Schnitzer corporate entities, including but not limited to: property/business interruption, casualty, Directors’ and Officers’ liability, crime and fiduciary, fidelity and surety bonds, environmental and miscellaneous marine insurance. S/He designs, recommends and implements methods of treating risk, including elimination, assumption, and transfer of risk by contract or funding arrangements.

This position operates within broad parameters established by company policy and has considerable latitude in decision making and negotiation, requiring a great degree of technical knowledge of property and casualty insurance. Responsibilities include negotiation, placement and administration of corporate insurance and risk management programs, and analyzing and proofing insurance policies. Negotiation and accurate processing of policies and invoices helps reduce costs and decreases chances of loss of coverage, and overpayments. Job performance impacts the cost and degree of risk. Safeguards include audits, consultation with brokers and loss control consultants, and communication with management.

Essential Functions

  • Organize and prepare property and casualty underwriting data and coverage specifications, negotiate coverage, analyze proposals, and select and implement coverage.
  • Review, analyze and proof new and renewal insurance policies for coverage and accuracy in conformance with coverage specifications, process coverage change requests, reporting forms and audits, approve invoices, reconcile premiums/costs and make cost allocations.
  • Assist VP Treasurer with risk management program development and design.
  • Administer risk management information system. Establish and maintain records of insurance policies, correspondence, insurance digests, policy registers, expiration lists, coverage checklists, and risk management archives. Maintain risk management department intranet site.
  • Review corporate contracts and design and recommend insurance and indemnity provisions that will protect corporate assets.
  • Communicate with insurance brokers, direct writers, risk management consultants, third party administrators, attorneys and in-house personnel on a daily basis.
  • Administer corporate surety bonds and certificate of insurance requirements.
  • Process major property, liability and environmental insurance claims, including reviewing coverage, gathering information and accounting data, assisting claim adjusters and attorneys, presenting claim to insurers and collecting claim funds.
  • Identify and measure risk of financial loss through physical inspections, contract and document review, audits, and consultation with other personnel.
  • Identify insurance brokers and manage insurance broker relationship.
  • Manage property loss control program, including analysis of insurance company recommendations, communication with property managers, and implementation of loss controls, and assist in the development of business continuity and disaster plans for the Schnitzer Group of Companies.
  • Develop and recommend to management methods of treating risk by various processes including elimination, assumption, or transfer of risk by contract or insurance.
  • Design, administer, monitor, and maintain statistical records and results of insured and self-insured programs. Formulate reports for management.
  • This position will potentially require the supervision of a risk management analyst as well as an administrative assistant. 

Qualifications 

  • Bachelor's degree, preferably in risk management and insurance, or equivalent combination of education and/or experience.
  • Minimum 10 years insurance underwriting and/or brokerage experience, including some risk management responsibilities or a minimum of 7 years direct risk management experience.
  • CPCU and/or ARM preferred, but not required.
  • Experience with captive insurance company structures and administration
  • Strong computer skills including Microsoft Word, Excel and Access.
  • Good judgment, and tact and ability to communicate on a professional level with all kinds of people.
  • Advanced written and oral communication skills.
  • Advanced mathematical and analytical skills.
  • Accounting skills helpful.
  • Ability to apply principles of logical or scientific thinking to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to interpret an extensive variety of technical material in books, manuals, texts, etc., and to deal with some abstract, but mostly concrete variables. 

Interpersonal Contacts

Internal contacts include the Property Management Department and Facility Managers to exchange information on exposure analysis and data; Corporate Counsel to discuss contracts and insurance clauses; Tax Manager to exchange corporate entity information; the Finance and Accounting Departments to discuss billings and exposure data; the Payroll Department for audit and report information.

 

External contacts include insurance brokers, risk management consultants and third party administrators to discuss coverage placement, claims and/or billings; insurance underwriters to develop risk management programs; appraisers to obtain property valuations; attorneys to discuss coverage issues and claims; and Risk Management Society to pursue professional development.

 

Job Conditions

Majority of work is done in an average office environment, although a substantial amount of time is spent with operations personnel, insurance brokers, consultant and underwriters in the field. Time deadlines or multiple simultaneous demands sometimes create pressure, and overtime is not uncommon. Occasionally, calls are received and must be handled outside of normal hours due to emergency or urgent situations.

 

PLEASE NOTE: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.

All U.S. applicants must be 18 years of age or older and all Canada applicants must be 16 years of age or older.

Schnitzer Steel Industries, Inc. participates in e-verify for all U.S. new hires.

Schnitzer Steel Industries, Inc. administers a pre-employment drug screen and background check for U.S. new hires.

All new hires must review and sign an Arbitration Agreement. This applies to all U.S. non-union employees.

As an Equal Opportunity Employer, Schnitzer Steel Industries, Inc. does not discriminate on the basis of race, religion, color, sex, marital status, disability status, national origin or ancestry, veteran status, age, prior industrial injury, sexual orientation, genetic information, or any other protected status under local, state or federal law.