Responsible for (1) administering and maintaining the organization's comprehensive casualty and specialty insurance programs; (2) analyzing the organization's insurance needs; (3) working within the organization to proactively identify risk and drive improvements to control and reduce operational and contractual exposure; (4) managing insurance industry relationships with various brokers and underwriters.
ESSENTIAL DUTIES AND RESPONSIBILITIES (and other duties as assigned)
- Leads the organization's efforts on design, implementation and management of casualty and specialty insurance programs, including renewals and related tasks (i.e. insurer selection, contract/rate negotiation, retentions/limits, binders, payments, certificates of insurance, summaries of insurance, allocation of premiums, policy reviews).
- In coordination with supervisor, maintains insurance industry relationships including those with brokers, wholesale brokers, consultants, loss engineers and underwriters.
- Identifies, analyzes and classifies insurable risks for financial impact to the organization, including expected frequency, trends and severity.
- Develops and interprets analytical tools used to evaluate appropriate retention and policy limits.
- In coordination with supervisor, works throughout the organization to proactively identify risk and drive improvements to control and reduce operational and contractual exposure.
- Develops, recommends and implements appropriate risk financing techniques, which may include insurance, self-insured programs offering intercompany buy-downs and maintaining a captive insurance program.
- Collaborate with internal and external experts to develop and manage claims reporting guidelines, to ensure timely reporting and compliance with policy terms and conditions.
- Monitors Alaskan and National legislative initiatives relating to insurance, claims and liability; interprets the impact of these initiatives and communicates recommendations to supervisor.
- Develops internal risk management reporting, such as dashboards, for internal management review, as required.
- Responsible for the adherence to department budget.
- Coordinates with corporate and operational staff to compile and analyze various financial, exposure, and payroll data used in insurance placement, risk analysis and cost allocations incrementally.
- Reviews financial data and exposures for acquisition projects, providing premium forecasts and Workers Compensation rates.
- In coordination with Director of Risk, assists with multiple annual insurance program audits, including proactive scheduling, communication with internal and external stakeholders, and data and exposure credibility reviews.
- Assist Risk Contracts Manager by providing risk analysis on Requests for Proposals, bid proposals, contracts, leases and other documents that contractually bind ASRC or its subsidiaries.
- In coordination with Director of Claims, works with General Counsel, outside counsel, internal and external claims experts to manage severe losses, including matters with questionable or partial insurance.
LEADERSHIP COMPETENCY REQUIREMENTS FOR MANAGER OF MANAGERS LEVELASRC's Core competencies include Leading Self, Leading People and Leading the Organization. In addition to our core competency model, our framework includes competencies specific to the various levels of positions within our company. For more information on our core competencies please contact the HR Department and reference the ASRC Leadership Framework.
Customer Focus
- Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Drive for Results
- Can be counted on to exceed goals successfully; is constantly and consistently one of the top performers; very bottom-line oriented; steadfastly pushes self and others for results.
Problem Solving
- Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn't stop at the first answers.
Priority Setting
- Creates focus by spending their time, and the time of others, on what's important.
Motivating Others
- Creates an environment where people want to do their best. Makes each individual feel their work is important and can motivate many kinds of direct reports and team members.
EDUCATION and/or EXPERIENCE- Bachelor's degree required in risk management, business, management, or other related field
- Minimum seven years' program management responsibility in the insurance industry related to either providing or procuring insurance products
- Casualty insurance placement and claims management experience, construction-specific preferred
- Strong understanding of general contract terms and conditions including indemnification provisions
- CRM, ARM, CPCU or equivalent certification preferred
- Ability to utilize and apply probability and statistical analysis to practical situations
- Reasoning and analytical skills in interpreting common financial reports and legal documents
- Proficient in word processing, excel, and technical writing
- Strong written and verbal communication skills
WHY ASRC IS DIFFERENTPurpose That Matters: You're not just taking a job-you're joining a mission. ASRC, along with its family of companies, is the largest Alaskan-owned and operated company, employing more than 16,000 people across Alaska and the Lower 48. We operate six major business lines: government contracting, petroleum refining and marketing, energy support, industrial services, construction, and natural resources. Every project contributes to preserving culture while building sustainable prosperity.
Values-Driven Culture: Arctic Slope Regional Corporation's core values are the cornerstone of its success as a community partner and as a company: spirituality, respect for each other, our culture as Iñupiat, high performance, stewardship, our business relationships, resolution of conflict, and integrity - they guide every decision. You'll work alongside people who are committed to these principles in everything they do.
Exceptional Growth Opportunities:- Leadership development through our Next Up program
- Mentorship from industry experts across six diverse business segments
- Career paths spanning from Arctic operations to federal contracting
- Training and development that invests in your long-term success
Proven Stability & Innovation:- 50+ years of sustained growth and market leadership
- $4+ billion in annual revenue across diversified business lines
- Leading Alaska's Top 49ers list for 29 consecutive years
TOTAL REWARDSAt ASRC, we believe exceptional people deserve exceptional benefits. Our comprehensive total rewards package reflects our commitment to your success, well-being, and financial security.
Financial Security:- Competitive salaries with performance-based opportunities
- 401(k) retirement plan with 100% company match up to 4%
- Educational assistance and professional development funding
- Employee referral bonuses
Health & Wellness:- We offer a wide range of medical plans through Federal Employee Health Benefits Plan (FEHB).
- Comprehensive Dental and Vision Insurance options
- 401K plan up to 4% match with immediate vesting after 2 pay periods
- Employee assistance programs for you and your family
- Additional Supplemental Insurance: Voluntary Life Insurance, Short-Term and Long-Term Disability, Accidental Death & Dismemberment (AD&D), Pet Insurance, Legal Services, Identity Theft Protection, Hospital Indemnity, Accident Insurance, and Critical Illness Insurance.
Professional Development:- Tuition reimbursement
- ASRC's leadership development program
- Mentorship programs
DETAIL ORIENTEDAbility to review renewal data, submissions, quotes, binders, policies and other documentation in a detailed manner for accuracy and completeness.
LANGUAGE SKILLSAbility to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of employees or customers.
MATHEMATICAL SKILLSAbility to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
REASONING ABILITYAbility to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
PHYSICAL DEMANDSThe physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit; reach with hands and arms; and to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, climb or balance. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job includes the ability to adjust focus.
WORK ENVIRONMENTThe work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The work environment is in a busy office setting. The noise level in the work environment is usually moderate. While performing the duties of this job, the employee may be occasionally exposed to outside weather conditions and may be required to travel in small and large commercial aircraft.
NOTE: This document does not create an employment contract, implied or otherwise. The statements contained herein are intended to describe the principal functions of this position, the level of knowledge and skill typically required, and the scope of responsibilities, but should not be considered an all-inclusive listing of work requirements.