Manager, Insurance

CN; Montreal; Hybrid; CAD 75,000 - 95,000; Full time

Job summary

Join a leading transportation company as a Manager, Insurance, responsible for developing and implementing commercial insurance programs. Engage with cross-functional teams and external partners to manage risks and enhance CN's reputation. The role includes strategic planning, compliance, and stakeholder engagement in a collaborative environment.

Qualifications

• 2-5 years in insurance and risk management.
• Experience with publicly listed companies and risk management.

Responsibilities

• Develop and implement CN's commercial insurance programs.
• Negotiate insurance agreements with brokers.
• Manage relationships with external brokers.

Skills

Agility

Critical thinking

Leadership

Problem-solving

Team collaboration

Education

Bachelor’s Degree in Commerce

Tools

Microsoft Office

Job description

At CN, every day brings new and exciting challenges. You can expect an interesting environment where you’re part of ensuring our business runs optimally and safely—helping keep the economy on track. We provide paid training and opportunities that support long-term careers, and we recognize hard workers who strive to make a difference. You will thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!

Job Summary

The Manager, Insurance is responsible for supporting the Senior Manager, Insurance in developing and implementing CN's commercial insurance programs and strategy. This involves participating in the development of the long-term assurance plan, responding to internal requests, and maintaining relationships with external service providers.

Main Responsibilities

Insurance Strategic Plan, Regulatory and Reputational Risk Management

• Stay informed about market conditions and trends for Class 1 railways regarding property, third-party liability, and Directors and Officers (D&O) coverage.
• Review CN’s and subsidiaries’ insurance programs annually to assess legal responsibilities, risks, and adequacy.
• Propose solutions to mitigate insurance risks and enhance CN’s reputation.
• Collaborate with cross-functional teams on developing and implementing insurance strategies aligned with business objectives.
• Oversee the collection of information for insurance submissions and applications.
• Assist in drafting and reviewing annual insurance submissions and applications.
• Support the establishment of priorities to advance insurance risk mitigation in line with regulatory, legal, legislative, and business goals.
• Negotiate insurance agreements with brokers, ensuring terms meet CN’s requirements.
• Work with Law and Procurement to review legal contracts with vendors, suppliers, and partners.
• Coordinate with brokers and forensic accountants on large insurance claims.
• Contribute to legal arguments for insurance claims presentations.
• Participate in the Corporate Incident Management Team during crises such as derailments.

Stakeholders’ Engagement

• Manage relationships with external brokers and oversee their work.
• Assist in communicating strategic insurance directions to brokers.
• Maintain good relationships with local brokers.
• Participate in renewal meetings with insurance underwriters and organize annual meetings.
• Build relationships with government officials involved in insurance regulations.
• Collaborate with other CN departments on insurance requests.
• Develop and deliver insurance training and information sessions for internal stakeholders.

Professional Development

• Engage with peers and stakeholders to foster collaboration.
• Plan to enhance knowledge in risk management, insurance, and the railway industry through training and involvement.

Working Conditions

The role involves standard office work, with a regular schedule from Monday to Friday, including remote work options on Wednesdays and Fridays. Overtime and travel across Canada and the U.S. may be required. The role demands ability to work under pressure, meet deadlines, and handle stressful situations.

Requirements

Experience

• 2-5 years in insurance and risk management.
• Experience with publicly listed companies, insurance communication, and risk management as a key contact.
• Experience in transportation or Class 1 railways is an asset.

Education/Certification/Designation

• Bachelor’s Degree in Commerce with specialization in Law, Statistics, Economics, Finance, or Accounting.
• Insurance or claims certification and risk management designations are assets.

Core Competencies

• Agility, adaptability, and industry awareness.
• Critical thinking, leadership, and impactful communication.
• Team collaboration, active listening, problem-solving, and safety leadership.

Technical Skills/Knowledge

• Knowledge of Canadian and U.S. laws, CN’s legal obligations, insurance, risk management, and economic principles.
• Proficiency in Microsoft Office and bilingual in English and French is an asset.

About CN

CN is a leading transportation and trade enabler, transporting over 300 million tons of goods annually across North America. Since 1919, CN has contributed to community prosperity and sustainable trade, committed to social responsibility and environmental stewardship. We operate as ONE TEAM, focused on safety, sustainability, and customer service.