DescriptionWe are currently seeking an Insurance Manager!
Essential duties and responsibilities for the Insurance Manager include, but are not limited to:
- 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.
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.
Qualifications
Essential skills and experience:
- 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
Valued but not required skills and experience:
- Experience in the engineering industry
- Experience in the construction industry
- Experience with captive insurance programs
- Professional designations such as CPCU, CRIS, ARM, RPLU, AINS
We do not sponsor employees for work authorization in the U.S. for this position.
Compensation Range$136,090.00 - $136,090.00
Transparency StatementSargent & Lundy discloses compensation ranges that comply with all local and state regulations. The total compensation package for eligible positions will include a base salary or an hourly rate and a comprehensive benefits package, reflecting our commitment to rewarding performance and supporting the overall well-being of our employees. Individuals may also be eligible to participate in our yearly discretionary bonus.