The position of Risk & Insurance Manager reports to the SVP Finance, Secretary & Treasurer. The Risk & Insurance Manager is a part of the Finance Team and will interact with accounting, legal, operational departments, external auditors, and financial and insurance service providers. The Risk & Insurance Manager will have a role in all insurance and related activities including but not limited to the following:
Broker & Insurer Relationships: Participate in the selection of the corporate insurance broker, coordinate the delivery of insurance, claims, & risk management services to the company, and evaluate overall program results. Work with broker and business managers to understand the company risk profile and the appropriate insurance policies, limits, risk retention, and other insurance provisions to protect the business.
Annual Renewal: Coordinate the annual property & casualty insurance renewal with the broker including the provision of underwriting data, policy applications, and broker & insurer meetings. Work with broker and management to establish renewal goals and objectives, timetables for renewal proposals and decisions, and implementation requirements.
Program Management: Work with brokers & insurers on the day-to day management of the insurance program, meeting the administrative demands of the business, including claims management, insurance certificates, contract advice on insurance provisions, handling coverage questions, meeting insurance requirements of lenders, contractors, partners and other third parties. Chair regular meetings with brokers and other service providers to review acquisitions, handle business insurance needs, and implement risk and insurance decisions.
Risk Identification: Participate with brokers and business managers in evaluating new business risks or activities. Recommend appropriate insurance, mitigation, retention or control measures for risks.
Maintain Insurance Information: Maintain insurance underwriting data on all companies and locations including schedules of property and business interruption values, claims history, premium trends by line of coverage and other information needed for the annual renewal. Coordinate the delivery of all policy files for corporate record retention and the provision of this information to other parties on request (lenders, partners etc.).
Bachelor's degree in Risk Management & Insurance, Finance, or Business Administration.
6 - 10 years of related risk and insurance work experience; risk management certifications are a plus.
Strong communication skills.
High level of proficiency in Microsoft Office product suite required (Word, Excel, PowerPoint, etc.)
About Pacolet Milliken, LLC
Pacolet Milliken is a family-owned investment company with a multi-generational investment horizon. Its long-term economic goals are to increase the intrinsic value of its business, while meeting the dividend expectations of its shareholders.Pacolet operates through two divisions: Real Estate and Energy/Infrastructure. We manage these two divisions holistically, balancing non-cash value creation and near-term cash flows, stabilized assets and development projects, and organic growth and acquisitive growth, all in a manner designed to meet shareholder objectives.We embrace our shareholders’ mandate to operate at the intersection of profitability and values. Pacolet is not merely a financial enterprise, but also a vehicle through which shareholder values are expressed in business strategies that improve the communities and world in which we live. We endorse the notion that how we make money, is as important as how much money we make.We own both operating companies and project investments. We look for defensible, middle market niches within compelling trends, such as capital inflows into renewables. We invest with institutional discipline, but are more patient about achieving superior... returns than rigid IRR investors (who may seek to monetize gains as soon as possible), and thus may hold our assets longer than investors with rigid exit requirements