Director of Insurance
1 month ago
About the Position
As a member of the Enterprise Risk Management Department, the Director, Insurance leads the development, implementation, management, and administration of a comprehensive insurance program aligned with the needs and risk appetite of The Salvation Army, Canada and Bermuda Territory. The role strives to preserve the assets of The Salvation Army by recommending risk management and loss control/prevention programs and measures to reduce or eliminate the conditions that cause or contribute to actual or potential accidental risk/losses. Works to ensure that funds are available to restore loss through insurance or other alternative risk financing methods and is responsible for the management and reporting of claims for all lines of coverage and self-insurance. This position actively contributes as a member of The Army’s enterprise risk management department, supporting and collaborating with various stakeholders across the Territory regarding insurance, loss control and other related risk management activities, taking a proactive and results-driven approach.
Minimum Requirements
- Undergraduate degree in Insurance, Business, Finance, Law, Risk Management, or related discipline (or equivalent work experience)
- Post-graduate study or certification in an area of risk management e.g. Canadian Risk Management (CRM), Fellow in Risk Management (FRM) designation, Chartered Insurance Professional (CIP) preferred
Experience and Skilled Knowledge Requirements
- 7-10 years in the insurance/risk management/legal field or a similar role (operational risk role or risk management consulting role)
- 3 years in a leadership role including experience implementing a results-based ERM and loss control policy
- Deep understanding and knowledge of regulatory requirements, expectations, and business strategy
- Significant prior experience in insurance procurement, claims, and/or litigation management required
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