· Plans, implements, and manages the company’s insurance programs to support risk mitigation, regulatory compliance, company value creation and balance sheet protection – while doing so in the most economical ways. · Manages global insurance programs and insurable risk profile. o Develops insurance renewal strategies and targets for renewals based on analytics and market dynamics for Property, Casualty, Nuclear, Environmental, Management Liability and International policies. o Negotiates coverage, claims and costs to improve overall capital efficiency of the insurance program. o Determines appropriate self-insurance based on EnergySolutions’ risk profile and insurance market dynamics. o Oversees and improves program administration including COIs, binders, policies and invoicing. o Manages new workers compensation insurance placements and renewals for monopolistic states. o Advises the business on non-insurance contractual risk transfer and insurance requirements. o Monitors and tracks insurable exposures including real and business personal property, business interruption, automobiles, payrolls, etc. · Manages relationships with insurance brokers, sureties and insurance companies. o Develops broker partner, surety and insurer capabilities. o Supports broker in presentation and clarification of operations and risks to insurance underwriters. o Acts as EnergySolutions’ primary point of contact for risk/insurance issues and audits. · Supports Legal, Procurement, Business Development and Contract Administrators by reviewing proposed contractual indemnity and insurance provisions for compliance with corporate hazard risk insurance terms and conditions. Manages any needs for additional hazard insurance coverage when required by contract. · Evaluates Owner / Contractor Controlled Insurance programs. · Requests and manages insurance certificates and automobile insurance identification cards. · Schedules and attends (when necessary) physical inspections with insurer’s loss control engineers and EnergySolutions facilities managers. · Conducts quarterly claim reviews with insurer’s claim adjusters and insurance broker’s claims advocates. · Works with senior management to improve and mature the risk management framework · Performs other duties as assigned. |