Posted 3 months ago
Contract Insurance Specialist
AI Summary
Reviews customer contracts for insurance requirements, redlines terms to meet internal guidelines, negotiates deductible caps, verifies builder's risk coverage, and supports risk mitigation and claim investigations.
About this role
About Us
We are one of the largest mechanical, electrical, and plumbing contractors in Indiana and among the preeminent specialty contractors in the nation. We specialize in a full range of new and retrofit construction for industrial, food processing, commercial, institutional, healthcare, pharmaceutical, and bio-fuel projects.
Job Summary
Shambaugh & Son L.P. is seeking a Contract Insurance Specialist. This position will report to our Sr. Vice President & General Counsel, and will provide timely and professional insurance contracting advice to our legal and risk departments, while supporting the growth of our construction company.
#shambaugh #LI-TS #LI-onsite
Essential Duties & Responsibilities
- Provide support to the corporate legal team during contract reviews by examining customer contracts for appropriate insurance requirements, terms, coverages and limits..
- Redline terms to comply with internal insurance requirements and guidelines.
- Negotiate deductible caps in customer contracts.
- Verify contractual coverage for builder’s risk.
- Coordinate with General Counsel and SVP of Finance to mitigate insurance related risks, and support development of creative solutions and coordination of contractual risk mitigation with appropriate risk controls.
- Track projects covered by OCIP/CCIP.
- Provide support to the Risk and Claims Manager during claim investigations.
- Research applicable laws and remain abreast of changes with our corporate insurance program.
- Provide risk management and insurance expertise, training, updates and advice to colleagues in legal department, finance, purchasing and others who handle certificates of insurance and insurance compliance related issues.
- Other duties as assigned.
Qualifications
- Bachelor's degree in business, management, English, Liberal Arts or closely related field and demonstrated professional-level experience in contract review/formation or similar experience requiring reading comprehension and attention to detail.
- Experience or expertise with casualty insurance coverages and language preferred, but not required, with casualty construction experience also preferred but not mandatory.
- Exceptional interpersonal skills and the ability to communicate effectively both orally and in writing, with colleagues and customers.
- Strong reading comprehension skills for contract review
- Must be familiar with Microsoft Word, Adobe, and Microsoft Excel.
- Strong attention to detail and organizational skills.
- Ability to multitask and prioritize.
- Always improving skills to become a stronger team member.
- Training with respect to company insurance program will be provided.
- Regular and reliable attendance.
Affirmative Action Policy
Please review our Affirmative Action Policy.
Notice to Prospective Employees
Notice to prospective employees: There have been fraudulent postings and emails regarding job openings. EMCOR Group and its companies list open positions here. Please check our available positions to confirm that a post or email is genuine. EMCOR Group and its companies do not reach out to individuals to help with marketing or other similar services. If an individual is contacted for services outside of EMCOR’s normal application process – it is probably fraudulent.Skills
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