Compliance Specialist/Risk Management

The position will lead all corporate insurance-related matters, be responsible for administrative activities, and assist with corporate strategy. This includes insurance and risk management for global operating sites; insurance renewals, claims, contract reviews, budget/forecast variance analysis, and any project requiring corporate insurance assistance. This role will report to the VP of Compliance


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Essential Duties and Responsibilities

• Proactively serve as a point of contact to global operations, providing appropriate advice for claim reporting, budget, premium allocations, COIs management, and general insurance questions.
• Prepare Insurance Premium Projections for global budgets and forecasts.
• Assist with global broker engagement, and US claims management providers.
• Coordinate and collect needed exposure data from all affiliates for insurance renewals, and budget allocations.
• Demonstrate knowledge of insurance coverages and allocation methods for each line of coverage to distribute and clarify budget and premium allocations to affiliates accurately.
• Analyze "Insurance Requirements” in various agreements and contracts, including Procurement and Services, and confirm compliance.
• Coordinate with the M&A team during acquisitions
• Attend and coordinate property site inspections with insurance representatives and site personnel.
• Demonstrate knowledge and understanding of core insurance coverage forms and principles.
• Initiate projects with brokers/carriers that reduce risk and/or premiums.