Insurance Manager

About the role

Sargent & Lundy is a global leader in power and energy consulting, recognized for its innovation, integrity, commitment to quality, and inclusive culture. We provide clients and partners across the United States and internationally with trusted, comprehensive expertise.

Responsibilities

• Manage and administer Sargent & Lundy’s business insurance program on a day-to-day basis.
• Work closely with the Vice President of Commercial, General Counsel, and insurance broker to maintain and continue to develop the company’s insurance program.
• Oversee underwriting data collection and prepare global insurance renewals and applications for the U.S., Canada, and other jurisdictions.
• Review, comment, and assist with negotiations on insurance requirements in client contracts, supplier contracts, and other commercial agreements.
• Assist in evaluating insurance-related risks and exposures and provide practical recommendations.
• Develop strategies and creative solutions for a variety of insurance and risk-related situations.
• Coordinate with internal stakeholders, brokers, carriers, and other external partners regarding insurance matters.
• Support administration and ongoing management of key corporate insurance coverages, including professional liability, general liability, and other business insurance lines as applicable.
• Maintain organized records and documentation related to insurance policies, renewals, requirements, and related matters.
• Evaluate creative insurance program structures, including various towers, alternative risk financing strategies (including captives), and project-specific policy placements.

Requirements

• Bachelor’s degree required.
• Minimum of 10 years of experience in the business insurance industry.
• Experience in underwriting, insurance brokerage, or in-house insurance/risk management.
• Strong knowledge of business insurance programs, including professional liability, general liability, and related commercial coverages.
• Experience reviewing and commenting on contractual insurance requirements.
• Experience managing renewals and supporting ongoing insurance program administration.
• Strong written, verbal, and interpersonal communication skills.
• Ability to work effectively with executive leadership, legal counsel, brokers, and internal business stakeholders.
• Ability to provide strategic, practical, and creative solutions.
• Strong organizational skills and attention to detail.

Skills

• Experience in the engineering industry (valued but not required).
• Experience in the construction industry (valued but not required).
• Experience with captive insurance programs (valued but not required).
• Professional designations such as CPCU, CRIS, ARM, RPLU, AINS (valued but not required).

We do not sponsor employees for work authorization in the U.S. for this position.

Schedule

This position allows for a hybrid work schedule with the expectation of 3 days in our downtown Chicago, IL office and 2 days working remotely from home.

Benefits

• Health & Wellness
  • Health Plans: Medical, Dental, Vision
  • Life & Accident Insurance
  • Disability Coverage
  • Employee Assistance Program (EAP)
  • Back-Up Daycare
  • FSA & HSA
• Financial Benefits
  • 401(k)
  • Pre-Tax Commuter Account
  • Merit Scholarship Program
  • Employee Discount Program
  • Corporate Charitable Giving Program
  • Tuition Assistance
  • First Professional Licensure Bonus
  • Employee Referral Bonus
• Work-Life Balance
  • Paid Annual Personal/Sick Time (PST)
  • Paid Vacation
  • Paid Holidays
  • Paid Parental Leave
  • Paid Bereavement Leave
  • Flexible Work Arrangements

Pay

Compensation Range: $136,090.00. The total compensation package for eligible positions includes a base salary and a comprehensive benefits package. Individuals may also be eligible to participate in our yearly discretionary bonus.