Basin Electric Power Cooperative
DIRECTOR/MANAGER, RISK & INSURANCE (DOE)
Basin Electric Power Cooperative, Bismarck, North Dakota, us, 58502
DIRECTOR/MANAGER, RISK & INSURANCE (DOE)
Join to apply for the
DIRECTOR/MANAGER, RISK & INSURANCE (DOE)
role at
Basin Electric Power Cooperative This position is responsible to design, establish, and manage the Risk Management (pure risk) program of Basin Electric Power Cooperative (BEPC), its subsidiaries and affiliates, and the Missouri Basin Power Project (MBPP), to protect the assets of BEPC, its subsidiaries and the MBPP and the margin and earnings of BEPC and its subsidiaries from losses; and assist in loss control and prevention activities. POSITION PURPOSE This position is responsible to design, establish, and manage the Risk Management (pure risk) program of Basin Electric Power Cooperative (BEPC), its subsidiaries and affiliates, and the Missouri Basin Power Project (MBPP), to protect the assets of BEPC, its subsidiaries and the MBPP and the margin and earnings of BEPC and its subsidiaries from losses; and assist in loss control and prevention activities. ESSENTIAL DUTIES Minimize the adverse impact of the pure risk exposures to BEPC, its subsidiaries and the MBPP. This is accomplished by identifying potential sources of pure risk determining how to best manage these risks. Participate in the elimination, loss prevention and reduction of risk of loss, planning, managing, and coordinating risk regarding the property, Director and Officer (D&O), and casualty insurance programs. Responsible for all property and casualty risk financing activity including risk analysis, selection of insurance brokers and vendors, forms of coverage, deductibles, limits of coverage, placement of coverages, renewal procedures, selection of insurers and sureties, specification preparation, surety bond procurement and issuance of certificates of insurance. Continually perform a review of world and domestic markets and industry developments to assure BEPC, its subsidiaries and the MBPP maintain a sound and cost-effective risk transfer program. Manage the claims handling process, settlement strategy, investigative process, and reserve setting; manage the negotiations with insurance claims personnel; and manage the loss recovery process against third parties. Overtime, develop an Enterprise Risk Management process that integrates risk management practices into the company's day-to-day operations and decision-making. Coordinate loss control inspection visits and respond to loss prevention reports from insurance companies. Responsible for monitoring and developing insurance legislation and policy for the benefit of Basin Electric and its subsidiaries. Manage vendor certificate of insurance program ensuring data is accurate and available for field use. Manage the workers compensation insurance and claims activities for the Cooperative. In due course, serve on industry committees and task forces and take a leadership role to influence the direction of mutual insurers, commercial insurers, and the risk management and insurance industry. Develop and negotiate insurance and indemnification terms in contracts, service agreements, and purchasing agreements As requested, consult with and assist the Human Resources division in the purchasing of employee benefits insurance to obtain competitive bids by working with independent companies, consultants, and brokers. Perform other duties as assigned. MINIMUM QUALIFICATIONS A bachelor’s degree in risk management and insurance or a business-related field, and 10 years of related experience in risk management and insurance with knowledge of risk management principles and insurance markets. Occasional travel. A valid Driver’s license. PREFERRED QUALIFICATIONS Chartered Property Casualty Underwriter or Associate in Risk Management professional designation. PHYSICAL AND ENVIRONMENTAL DEMANDS This position requires frequent sitting and standing/walking; and occasional reaching below and above shoulder level, use of keyboard/computer, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. KEY SKILLS Knowledge of property and casualty insurance, claims adjustment, and risk analysis. Proficient with personal computers and Microsoft Word, Outlook, and Excel. Excellent written and verbal communication skills. Ability to develop plans, procedures and goals; present information to others; and work under stress to complete projects within deadlines.
#J-18808-Ljbffr
Join to apply for the
DIRECTOR/MANAGER, RISK & INSURANCE (DOE)
role at
Basin Electric Power Cooperative This position is responsible to design, establish, and manage the Risk Management (pure risk) program of Basin Electric Power Cooperative (BEPC), its subsidiaries and affiliates, and the Missouri Basin Power Project (MBPP), to protect the assets of BEPC, its subsidiaries and the MBPP and the margin and earnings of BEPC and its subsidiaries from losses; and assist in loss control and prevention activities. POSITION PURPOSE This position is responsible to design, establish, and manage the Risk Management (pure risk) program of Basin Electric Power Cooperative (BEPC), its subsidiaries and affiliates, and the Missouri Basin Power Project (MBPP), to protect the assets of BEPC, its subsidiaries and the MBPP and the margin and earnings of BEPC and its subsidiaries from losses; and assist in loss control and prevention activities. ESSENTIAL DUTIES Minimize the adverse impact of the pure risk exposures to BEPC, its subsidiaries and the MBPP. This is accomplished by identifying potential sources of pure risk determining how to best manage these risks. Participate in the elimination, loss prevention and reduction of risk of loss, planning, managing, and coordinating risk regarding the property, Director and Officer (D&O), and casualty insurance programs. Responsible for all property and casualty risk financing activity including risk analysis, selection of insurance brokers and vendors, forms of coverage, deductibles, limits of coverage, placement of coverages, renewal procedures, selection of insurers and sureties, specification preparation, surety bond procurement and issuance of certificates of insurance. Continually perform a review of world and domestic markets and industry developments to assure BEPC, its subsidiaries and the MBPP maintain a sound and cost-effective risk transfer program. Manage the claims handling process, settlement strategy, investigative process, and reserve setting; manage the negotiations with insurance claims personnel; and manage the loss recovery process against third parties. Overtime, develop an Enterprise Risk Management process that integrates risk management practices into the company's day-to-day operations and decision-making. Coordinate loss control inspection visits and respond to loss prevention reports from insurance companies. Responsible for monitoring and developing insurance legislation and policy for the benefit of Basin Electric and its subsidiaries. Manage vendor certificate of insurance program ensuring data is accurate and available for field use. Manage the workers compensation insurance and claims activities for the Cooperative. In due course, serve on industry committees and task forces and take a leadership role to influence the direction of mutual insurers, commercial insurers, and the risk management and insurance industry. Develop and negotiate insurance and indemnification terms in contracts, service agreements, and purchasing agreements As requested, consult with and assist the Human Resources division in the purchasing of employee benefits insurance to obtain competitive bids by working with independent companies, consultants, and brokers. Perform other duties as assigned. MINIMUM QUALIFICATIONS A bachelor’s degree in risk management and insurance or a business-related field, and 10 years of related experience in risk management and insurance with knowledge of risk management principles and insurance markets. Occasional travel. A valid Driver’s license. PREFERRED QUALIFICATIONS Chartered Property Casualty Underwriter or Associate in Risk Management professional designation. PHYSICAL AND ENVIRONMENTAL DEMANDS This position requires frequent sitting and standing/walking; and occasional reaching below and above shoulder level, use of keyboard/computer, bending, kneeling, lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. KEY SKILLS Knowledge of property and casualty insurance, claims adjustment, and risk analysis. Proficient with personal computers and Microsoft Word, Outlook, and Excel. Excellent written and verbal communication skills. Ability to develop plans, procedures and goals; present information to others; and work under stress to complete projects within deadlines.
#J-18808-Ljbffr