Contract Insurance Specialist

Shambaugh & Son, L.P.; Fort Wayne (IN); On-site; USD 60,000 - 85,000; Full time

Job summary

Shambaugh & Son, L.P. is looking for a Contract Insurance Specialist in Fort Wayne, Indiana. This role will provide crucial insurance contracting advice and support the corporate legal team with contract reviews to ensure compliance with insurance requirements.

The ideal candidate will have a Bachelor’s degree and relevant experience in contract review, strong reading comprehension, and effective communication skills. Familiarity with Microsoft tools is essential. Join our specialized team in enhancing our construction projects.

Qualifications

• Degree in relevant field and experience in contract review are required.
• Casualty insurance expertise preferred, construction experience is a plus.
• Effective communication skills are essential.

Responsibilities

• Support corporate legal team during contract reviews.
• Redline terms to comply with internal insurance requirements.
• Negotiate deductible caps in customer contracts.
• Verify contractual coverage for builder’s risk.

Skills

Contract review

Interpersonal communication

Reading comprehension

Attention to detail

Negotiation skills

Education

Bachelor's degree in business, management, English, Liberal Arts or closely related field

Tools

Microsoft Word

Adobe

Microsoft Excel

Job description

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.

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.