Director, Insurance Risk Management (Finance)

Founded in 1983 by principal shareholder William I. Koch, Oxbow is one of the world's largest recyclers of refinery and natural gas coproducts. Oxbow is headquartered in West Palm Beach, Florida with approximately 950 employees operating from more than 30 locations in 14 countries worldwide. Oxbow is a world leader in the production and distribution of calcined petroleum coke and the distribution of fuel grade petroleum coke. Oxbow also provides bulk storage and handling for petroleum coke and other commodities. Oxbows scale, expertise and leading market positions have allowed it to create a powerful global sourcing platform with superior market intelligence and longstanding relationships with many of its key suppliers and customers. Oxbows products are essential in the production of aluminum, steel, glass and cement and our specialty products are used in variety of innovative products, including high performance plastics, solar panels, electronics and batteries.
Oxbow is currently looking for a Director of Insurance Riks Management to join our team in West Palm Beach. The job duties are as follows:
Strategic Direction: In consultation with the Treasurer and CFO, sets the strategic direction for insurance risk management programs.Program Management: Oversees the delivery of these programs across the company, coordinating with business management.Risk Assessment: Develops and advises management on potential risk exposures and determines appropriate insurance levels.RFP Preparation: Prepares and initiates requests for proposals for insurance and risk management services.Insurance Applications: Completes and analyzes insurance applications, ensuring accurate and complete data submission.Contract Analysis: Analyzes and interprets insurance contracts, including terms, structures, retentions, and coverage.Contract Negotiation: Negotiates contractual provisions and insurance requirements with third parties, including drafting and reviewing vendor and tenant certificates of insurance.Policy Management: Procures and manages the companys insurance policies, analyzing types, scope of coverage, premiums, and terms.Claims Management: Manages the reporting, handling, and settling of insurance claims, analyzes loss history, and develops policies to mitigate claim frequency and severity. Acts as the corporate liaison for worldwide claims and provides timely notification to insurance carriers.Stakeholder Coordination: Coordinates with in-house legal counsel, health and safety teams, claims administrators, insurance brokers, and carriers to efficiently investigate, process, and defend claims.Information Maintenance: Maintains critical information regarding the companys insurance policies, named insured, renewal dates, and other relevant data.Loss Control: Works with management, brokers, and insurance carriers to oversee and administer portfolio-wide policies and procedures for loss control activities and property inspections.Policy Development: Develops policies and procedures and provides training and educational materials to employees on insurance and risk management.Relationship Management: Maintains strong relationships with existing insurance carriers and develops new relationships with insurance markets.Third-Party Management: Manages relationships with third-party service providers, including brokers, consultants, third-party administrators, and insurance carriers.Contract Review: Reviews contracts and deal structures for insurance implications and takes necessary action.Staff Development: Works with direct reports to establish annual goals and objectives, monitoring progress to enhance professional development.Special Projects: Supports management with special projects and other duties as assigned.