Manager Risk Management
Navajo Transitional Energy Company, LLC · Broomfield, CO · 1 mo ago
On-siteFinanceFull-time
Essential Duties/Responsibilities
- Evaluate operational and financial risks and provide recommendations on appropriate risk transfer methods, including insurance and contractual risk transfer.
- Manage and renew complex mine reclamation bond portfolio.
- Place and renew appropriate coverage for a multi-state heavy equipment and mine plant portfolio valued in excess of $1B.
- Develop best options to place and renew construction and install asset policies for new gas generation facilities and related transmission distribution and interconnect assets.
- Prepare, compile, and submit insurance renewal information to brokers; assist in analyzing renewal options and provide recommendations to management.
- Administer relationships with insurance brokers, underwriters, and claims adjusters in accordance with approved programs.
- Collaborate with internal team regarding contractual and financial risk mitigation.
- Respond to internal requests for risk evaluations and assist in drafting or reviewing policy language to identify and minimize potential financial losses.
- Support counterparty risk assessments to identify risks and recommend appropriate mitigation measures.
- Process requests for certificates of insurance and auto identification cards.
- Review contract insurance provisions and provide input to internal stakeholders; escalate items requiring senior or legal approval as appropriate.
- Coordinate the annual casualty insurance audit and bi-annual property insurance review with insurance brokers and internal departments.
- File, analyze, and assist with settlement recommendations for all non-workers’ compensation insurance claims.
- Periodically review workers’ compensation claims and coordinate with HSE and Human Resources as appropriate.
- Maintain complete electronic and paper records of insurance policies, renewals, audits, and claims.
- Administer the company’s surety program, including requesting, modifying, and renewing surety bonds.
- Maintain surety documentation required for quarterly and annual financial reporting.
- Coordinate with surety brokers and underwriters in support of approved bonding programs.
- Support additional risk management or treasury-related projects as requested by the Treasurer or senior leadership.
Necessary Qualifications
- Bachelor’s degree in risk management, Finance, Business Administration, Accounting, or a related field required.
- Relevant professional certifications (e.g., ARM, CPCU, CRM) preferred but not required.
- Minimum of 5–7 years of progressive experience in risk management, insurance administration, claims management, treasury support, or a closely related field with a total policy coverage in excess of $500M.
- Experience in the mining and energy generation sectors strongly preferred.
- Direct experience handling large, complex insurance renewals including marketing experience with international underwriters London and/or Bermuda.
- Regular experience with preparing and presenting insurance portfolio reporting data, including claims data, full lines of coverage and re-insurance and D&O coverage.
- Scheduled experience with preparing and presenting insurance portfolio reporting data, including claims data, full lines of coverage and re-insurance and D&O coverage.
- Experience scheduling insurer driven engineering and safety audits across multiple business sites or operations and confirming the closeout or correction of identified issues.
- Demonstrated experience administering commercial insurance programs and surety bonds, including renewals, audits, claims coordination, and broker relationships.
- Experience working with cross-functional partners such as Finance, Legal, Human Resources, and HSE in an industrial, energy, mining, or similarly regulated environment preferred.
- Working knowledge of commercial insurance policies, surety bonds, risk transfer mechanisms, and claims management practices.
- Strong analytical and organizational skills with the ability to manage detailed records supporting financial and audit requirements.
- Ability to evaluate risk exposures and provide clear recommendations to management.
- Strong written and verbal communication skills and the ability to interact professionally with internal stakeholders and external service providers.