![Hydro One Networks Inc](https://media.trabajo.org/img/noimg.jpg)
Corporate Risk Manager
2 weeks ago
Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario.
Today, we're focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.
Responsible for the management of insurance and claims functions across Hydro One and its subsidiaries.This role will identify corporate operational exposures to loss and recommend appropriate insurance and risk transfer techniques to eliminate or reduce the impact of loss.
Also responsible for managing and settling all insurable claims by and against the company.The Manager, Risk and Insurance supports the Treasurer and is responsible for the following accountabilities.
- Advise senior management of all potential sources of insurable loss.
- Manage the organizations risk and insurance department with the following goals:
- Risk control expenses.
- Claims settlement and adjusting costs.
- Insurance premium
- Administrative costs
- Manage and settle insurable claims by and against the company, consistent with the corporate policy and procedures for settling claims.
- Support the Treasurer in responding to various special requests from the Board and Audit Committee on Risk and Insurance matters.
- Manage constructive relationships with the company's insurance brokers, adjusters and other service providers.
- Support the Treasurer in managing Hydro Ones risk and insurance activities such as procurement of insurance, claims management, Contractual review and approval of claims payments.
- Support the Treasurer in insurance and risk management policies and procedures.
- Support the Treasurer on risk and insurance matters related to corporate initiatives, including mergers, acquisitions, divestitures, and joint ventures.
- Strategy and Planning
- Develop an insurance and risk management strategy providing both short and long term goals.
- Research, evaluate and make recommendations regarding current trends in insurance and claims management.
- Review potential acquisitions, divestitures and joint ventures and other corporate initiatives to identify significant risk and insurance issues and make recommendations.
- Risk Transfer through the purchase of insurance.
- Recommend risk transfer/financing through the purchase of insurance or through contractual transfer.
- Negotiate insurance policies and service agreements with Key services providers.
- Maintain effective process to provide timely and accurate underwriting information to broker/insurers for insured risks.
- Claims Management
- Manage insurance claims and claim litigation processes,
- Investigate losses and negotiate settlements on major property/casualty insurance claims.
- Represent the corporation at mediations, settlement conferences and pre trials for risk and insurance related actions.
- Contractual Standard/Insurance Certificates
- Establish Insurance standards for various classes of vendor and customer relationships of the company.
- Review contract as required to assure compliance with insurance standards.
- Establish and maintain effective processes for obtaining insurance certificates from service providers.
- Oversee process to issue insurance certificates to third parties as required.
To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.
If you are having difficulty using our online application system and you need an accommodation due to a disability, Apply careershydroone.
Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.In the event you are experiencing difficulties applying to this job please consult our help page here.
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