Manager Insurance and Corporate Risk

WBS, a subsidiary of WEC Energy Group, is seeking a Manager Insurance and Corporate Risk in our Milwaukee, Wisconsin location. This position offers a hybrid work option.

Job Summary

The Manager Insurance and Corporate Risk is responsible for the implementation and administration of the risk financing and insurance program for the entire corporation, including the diversified portfolio of subsidiaries engaged in electric generation; electric, gas, steam and water distribution; pump manufacturing and other non-utility businesses.

Job Responsibilities

• Identify, analyze, and evaluate risk exposures including changing market conditions affects on the corporation.
• Select, recommend and implement appropriate cost-effective solutions for managing identified risk exposures using appropriate risk financing, risk transfer and risk control techniques; preparing and presenting recommendations to the Treasurer and CFO as appropriate.
• Manage the procurement, renewal, and record keeping of all corporate insurance.
• Manage the underwriting information collection, maintenance and submittal process.
• Negotiate and settle insurance claims.
• Manage broker and agent relationships, negotiating the level of service and associated fees, and documenting the agreed upon terms and conditions with service agreements.
• Manage insurer relationships, including underwriting, claims and loss control.
• Review and provide input on contracts and agreements being considered by the corporation.
• Manage the procurement of surety bonds and the issuance of certificates of insurance.
• Conduct risk management due diligence reviews on proposed mergers and acquisitions.
• Develop and conduct risk management related employee training as requested.
• Assist in procuring insurance for joint ventures when necessary.

Minimum Qualifications

• Bachelors of Arts or Bachelors of Science degree.
• 5-7 years experience in the insurance risk management process. Preferably for a large similar industry. 
• Applied knowledge of insurance and risk management principles and accounting. 
• Experience in all major commercial property and casualty insurance coverage in both the primary and excess layers. 
• Strong communication, judgment, computer & technology, problem solving, negotiating, planning and organizing skills are necessary. 
• Must exhibit the ability to make decisions without all the facts, set priorities and address emergent issues, meet deadlines, understand the direction and needs of the corporation, and support and defend decisions. 
• Must be comfortable operating in an environment with a wide degree of ambiguity and latitude.

 

Preferred Qualifications

• Associate in Risk Management (ARM) designation.
• MBA or Chartered Property Casualty Underwriter (CPCU) designation or equivalent experience is a plus.

End Date: 12/15/2023 

We reserve the right to modify the application deadline or discontinue accepting applications for any position if deemed necessary.

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WEC Energy Group and its subsidiaries are Equal Opportunity / Affirmative Action employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or any other protected class.

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