Insurance Risk Manager

Join Arctic Slope Regional Corporation (ASRC), Alaska's largest locally-owned company representing over 13,000 Iñupiaq shareholders and employing over 16,000 people worldwide. Guided by our Iñupiat values, we're not just building careers - we're building a legacy. As we enter our next era of growth, we're seeking talented individuals who want to be part of something meaningful while advancing their own professional journey.

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.

ASRC’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…