Risk Manager, Insurance

Arctic Slope Regional Corporation; Anchorage (AK); On-site; USD 110,000 - 170,000; Full time

Benefits offered by this job

401(k) match

Educational assistance

Professional development

Health insurance

Job summary

Arctic Slope Regional Corporation (ASRC) is seeking an experienced Risk Manager to oversee casualty and specialty insurance programs for the organization and its subsidiaries. You will analyze insurable risks, manage premiums and claims, and collaborate with brokers, underwriters, and legal teams to optimize risk financing.

The role requires seven years in insurance program management, strong contract knowledge, and professional certifications (CRM/ARM/CPCU preferred).

Qualifications

• Bachelor’s degree in risk management, business, or related field.
• Minimum seven years' program management in the insurance industry.
• Casualty insurance placement and claims management experience.
• Strong understanding of general contract terms and conditions including indemnification.
• CRM, ARM, CPCU or equivalent certification preferred.

Responsibilities

• Lead design, implementation and management of casualty and specialty insurance programs.
• Maintain relationships with brokers, consultants, underwriters, and adjusters.
• Identify insurable risks and assess financial impact and trends.
• Develop tools to evaluate retention and policy limits.
• Develop risk financing techniques including captives and intercompany buy-downs.
• Collaborate to develop claims reporting guidelines and ensure compliance.
• Monitor legislative initiatives affecting insurance and liability.
• Prepare internal risk management dashboards for management review.
• Assist with annual insurance program audits.
• Support risk analysis for RFPs, bids, contracts, leases and other documents.

Skills

Communication skills

Analytical thinking

Risk management

Contract terms knowledge

CRM/ARM/CPCU

Education

Bachelor’s degree in risk management, business, management, or related field

Tools

Microsoft Excel

Contracts management software

Job description

About

Join Arctic Slope Regional Corporation (ASRC), a private, for-profit corporation that is owned by and represents the business interests of its over 14,500 Iñupiaq shareholders. As the largest Alaskan-owned company employing over 18,000 people worldwide, ASRC and its subsidiaries are poised for the next era of growth with continued dedication to providing maximum benefit to our shareholders.

We are proud to be recognized as Alaska Business Magazine’s #1 Top 49er for over 30 years running and #120 on the Forbes’ America’s Top Private Companies.

Overview

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 Responsibilities

• 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.

Qualifications

• Bachelor’s degree required in risk management, business, management, or other related field
• Minimum seven years' program management responsibility in the insurance industry related to either providing or procuring insurance products
• Casualty insurance placement and claims management experience, construction-specific preferred
• Strong understanding of general contract terms and conditions including indemnification provisions
• CRM, ARM, CPCU or equivalent certification preferred
• Ability to utilize and apply probability and statistical analysis to practical situations
• Reasoning and analytical skills in interpreting common financial reports and legal documents
• Proficient in word processing, excel, and technical writing
• Strong written and verbal communication skills

Competency Requirement

ASRC values the competencies that enable individual and organizational success. The Company maintains an enterprise competency framework that outlines core and role-specific expectations across levels. Competency requirements and definitions are reviewed periodically and may evolve to reflect business needs. Employees are expected to demonstrate the competencies applicable to their role as maintained by Human Resources and their business unit.

Detail Oriented

Ability to review renewal data, submissions, quotes, binders, policies and other documentation in a detailed manner for accuracy and completeness.

Language Skills

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of employees or customers.

Mathematical Skills

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Physical Demands

The physical demands described herein are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit; reach with hands and arms; and to use hands to finger, handle, or feel. The employee is occasionally required to stand, walk, climb or balance. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job includes the ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The work environment is in a busy office setting. The noise level in the work environment is usually moderate.While performing the duties of this job, the employee may be occasionally exposed to outside weather conditions and may be required to travel in small and large commercial aircraft.

Why is ASRC Different?

You’re not just taking a job - you’re joining a mission. ASRC, along with its family of companies, is the largest Alaskan-owned and operated company, employing more than 16,500 people across Alaska and the Lower 48. We operate six major business lines: government contracting, petroleum refining and marketing, energy support, industrial services, construction, and natural resources. Every project contributes to preserving culture while building sustainable prosperity.

If you’re ready to bring both legal excellence and business acumen to an environment where no two days are alike and your counsel will influence decisions from the field to the boardroom, this is your opportunity to make a meaningful impact.

Values-Driven Culture: Arctic Slope Regional Corporation’s core values are the cornerstone of its success as a community partner and as a company: spirituality, respect for each other, our culture as Iñupiat, high performance, stewardship, our business relationships, resolution of conflict, and integrity - they guide every decision. You'll work alongside people who are committed to these principles in everything they do.

Exceptional Growth Opportunities:

• Leadership development through our Next Up program
• Mentorship from industry experts across six diverse business segments
• Career paths spanning from Arctic operations to federal contracting
• Training and development that invests in your long-term success

Proven Stability & Innovation:

• 50+ years of sustained growth and market leadership
• $6+ billion in annual revenue across diversified business lines
• Leading Alaska's Top 49ers list for 31 consecutive years

Total Rewards

At ASRC, we believe exceptional people deserve exceptional benefits. Our comprehensive total rewards package reflects our commitment to your success, well-being, and financial security.

Financial Security:

• Competitive salaries with short and long-term incentive programs
• 401(k) retirement plan with 100% company match up to 4%*
• Educational assistance and professional development funding

Health & Wellness:

• We offer a wide range of medical plans through Federal Employee Health Benefits Plan (FEHB).*
• Comprehensive Dental and Vision Insurance options*
• Employee assistance programs for you and your family
• Additional Supplemental Insurance: Voluntary Life Insurance, Short-Term and Long-Term Disability, Accidental Death & Dismemberment (AD&D), Pet Insurance, Legal Services, Identity Theft Protection, Hospital Indemnity, Accident
• Insurance, and Critical Illness Insurance.*

Professional Development:

• ASRC’s leadership development program
• Mentorship programs

Arctic Slope Regional Corporation (ASRC) is a drug-free workplace and pre-employment drug testing is part of the hiring process.

ASRC and its family of companies is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, national origin, religion, disability, protected veteran status, ageor any other legal protected status. EOE: M|F|D|VEEO Poster

ASRC's family of companies apply a shareholder preference in employment, to the maximum extent feasible, as authorized by law.

If you require assistance or a reasonable accommodation during the application process, please contact us at [e-mail].