We are currently seeking a Manager, Insurance at our corporate headquarters in St. Louis, MO
Reporting to the Director, Treasury Operations & Insurance, this role will assist the Director with all aspects of the global corporate risk management function including insurance program design, insurance program placement, surety bond program management, captive oversight, contractor/supplier contract management, and claims management.
Duties will Include:
Prepare submission information and assist with reviewing quotes, insurance binders, and insurance policies to ensure they address the organization's risks and are competitively priced based on current market conditions.
Process invoices and perform allocations to the business units.
Manage the third-party surety bond program; coordinate new bonds and adjustments with the business units; perform cost allocations and monthly reconciliations; review/process invoices; and oversight of broker activities.
Manage workers' compensation, general liability, auto liability, and property damage/business interruption claims: analyze loss data to identify trends; lead claim file reviews; process bi-weekly invoices; respond to requests for reserve increases or settlement authority; manage third-party claim administrators (TPA), external legal counsel, and claim consultants activities; provide oversight of the TPA's claims database; and work with business units and Safety to develop strategies to mitigate future losses;
Review contractors/suppliers' contracts for appropriate indemnification language and insurance provisions.
Assist as needed in reviewing certificates of insurance received from contractors/suppliers.
Coordinate the issuance of certificates of insurance required of Peabody.
Assist internal customers by providing technical consulting, training, and support on risk management and insurance related matters.
Manage cash forecast for expenses related to insurance, surety bonds, letters of credit, professional fees, brokers, services, etc.
Prepare various reconciled monthly and quarterly reports to financial reporting, financial accounting, and environmental.
Assist with the preparation of the annual insurance budget.
Participate in third-party loss control/risk surveys of company mine locations.
Special projects as required.
The lifestyle:
This position is a full-time role. Peabody offers flexible work policies, including hybrid office/home working arrangements.
About you:
Bachelor's degree in risk management, finance, or similar discipline
A minimum of five years of experience in related field with at least 3 years' experience in corporate risk management, insurance brokerage, or an insurance company.
Sound working knowledge of property, casualty, executive risks, surety, and other common insurance coverages.
Strong analytical, communication, and negotiating skills.
Self-starter, results oriented, and the ability to work effectively with others.
Strong work ethic and organizational skills, detail oriented, ability to manage multiple priorities, and meet deadlines.
Proficient in Microsoft Excel, Word, and PowerPoint
Must be able to travel to remote mining operations and supplier locations.
Physical Requirements:
Must have the ability to perform office-related tasks which may include prolonged sitting or standing
Must have the ability to move from place to place within an office environment
Must be able to use a computer
Must have the ability to communicate effectively
Some positions may require occasional repetitive motion or movements of the wrists, hands, and/or fingers
About Peabody:
Peabody is a leading coal producer, providing essential products for the production of affordable, reliable energy & steel. We employ approximately 5,500 people across our operations in the United States & Australia, serving customers in 26 countries.
Our commitment to sustainability underpins everything we do and shapes our strategy for the future.
People are at the core of Peabody's ability to deliver business results & serve our communities & we offer an inclusive work environment that engages, recognizes, and develops it employees. We strive to create a safe and healthy work culture where all employees are treated with fairness and respect are supported and engaged.
Take the first step toward a rewarding career working with us at: visit Peabody - US Jobs (peabodyenergy.com)
EEO Disclaimer: Peabody Energy is an Equal Opportunity Employer.
Apply to Peabody today #buildingbrighterfutures
Nearest Major Market: St Louis Job Segment: Workers Compensation, Coal Mining, Sustainability, Risk Management, Human Resources, Mining, Energy, Finance
