Responsibilities:

Analyze current insurance policies to confirm that they effectively safeguard the company's assets, liabilities, and operations.
Oversee the insurance claims process to ensure efficiency and effectiveness, collaborating with insurance providers to speed up resolution; create protocols and workflows for managing claims.
Obtain the necessary insurance coverage for new projects, equipment, and staff, taking into account the unique requirements of each construction initiative.
Ensure compliance with all applicable insurance laws, regulations, and industry standards, remaining updated on any changes that could affect the organization.
Develop and manage the insurance budget, ensuring that coverage is cost-effective while maintaining quality and compliance.
Foster strong relationships with insurance companies, brokers, and other relevant parties to negotiate beneficial terms and promptly address any issues.
Maintain precise documentation of insurance policies, claims, and risk assessments, producing reports as needed for management evaluation.

Requirements:

Bachelor’s degree in Business Administration, Finance, Risk Management, or a related discipline.
Relevant experience in insurance management, preferably in the construction field.
Understanding of insurance laws, regulations, and industry best practices.