Hybrid Corporate Insurance Manager

at Morley Builders

• Job title: Corporate Insurance Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $125,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Santa Monica, United States

About the role

• Corporate Insurance Manager managing corporate insurance programs and broker negotiations at Morley Builders. Overseeing comprehensive risk management strategies within the construction industry in Santa Monica, California.

Responsibilities

• Procure and maintain corporate insurance program, including annual policy renewals and project wrap-up programs.
• Navigate discussions with brokers and carriers to optimize coverage, pricing, and overall risk transfer approach.
• Advocate for favorable insurance requirements in contract reviews and ensure insurance program is aligned with contractual requirements.
• Review of insurance policies, including OCIP and Builders Risk coverage lines, to ensure accuracy and contractual compliance.
• Maintain insurance policies and request updates when changes occur.
• Assist in the development of risk control measures.
• Collaborate with Safety and key stakeholders to evaluate risk exposure and effectively communicate insurance coverage details.
• Assist with claims across all lines of coverage.
• Manage annual renewal process for insurance policies.
• Create subcontractor’s insurance requirements for each project.
• Procure certificates of insurance from broker as needed.
• Effectively communicate insurance related information and implications of decisions to department leaders and stakeholders.
• Track insurance cost, support project teams and accounting to ensure premiums are being allocated correctly.
• Track, review, and enforce subcontractor insurance compliance across multiple projects.
• Mentor, train, and develop direct report.

Requirements

• 4-year bachelor’s degree from an accredited educational institution or equivalent industry experience
• Relevant professional certifications or designations such as, Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU)
• A minimum of 5 years of experience in commercial insurance management, preferably within the construction industry
• Ability to write reports, business correspondence, and procedure manuals
• Property/Casualty insurance knowledge or risk management knowledge
• Proficient with Microsoft Office applications (i.e., Word, Excel and PowerPoint) and ability to learn web-based software applications
• Strong written and verbal communication skills
• Ability to work both independently and collaboratively in a team building environment
• Excellent problem-solving skills, organization, and customer service skills with the ability to handle multiple tasks and exercise sound judgment
• Ability to deal with ambiguity in a dynamic environment