Insurance & Surety Coordinator

Skanska USA Building Inc Queens , NY 11424

Posted 3 days ago

The Insurance & Surety Coordinator reports to Insurance & Surety Manager and Vice President Insurance & Surety. Understanding all aspects of insurance and surety related to the heavy civil construction business. Proven ability to work in a highly stressful environment and experience in bidding jobs, placing insurance and administering insurance and surety programs.

What You'll Do:

  • Thorough understanding of general liability, excess liability, workers' compensation, professional liability, pollution liability, builders' risk, property, equipment and OCIP/CCIP policies and the insurance coverages contained in these policies;

  • Independently procures and purchases insurance and negotiates terms and pricing with various and different insurance carriers;

  • Closing out and resolving the insurance and surety issues for projects with respect to insurance carrier audits;

  • Negotiating collateral and collateral refunds from carriers;

  • Maintaining a fundamental and thorough understanding of the claims process most importantly with respect to reserves and the development of claims;

  • Understanding all aspects of the surety program including pricing for bids;

  • Independently responding to inquiries on subcontractor bonding;

  • Experience with Subguard a plus;

  • Working with accounting to set-up insurance accounts for coverage;

  • Conduct Prime and Subcontract contract reviews for insurance terms and verification including the exercise of independent decision making when procuring insurance under such terms;

  • Owner contract reviews related to insurance and working with the Legal department and project team to insure risks;

  • Understanding direct, indirect, consequential and liquidated damages with respect to available insurance.

We're Looking For:

  • Thorough understanding of insurance issues;

  • High level ability to work with complex spreadsheets;

  • Ability to work in PowerPoint to develop and give presentations to senior management;

  • Ability to independently manage insurance projects for jobs;

  • Ability to work with the estimating team on bids and the project team on insurance placements with the ability to promptly respond to inquiries and provide answers;

  • Understanding the carrier billing process for premiums and claim;

  • knowledge and efficiency, including Microsoft Office products;

  • Broad understanding of industry;

  • Strong written and verbal communication skills;

  • Ability to multi-task;

  • Functions effectively as part of a team;

  • Ability to maintain discretion and confidentiality at all times;

  • Excellent time management and organizational skills;

  • 4-year college degree is required in addition to a

  • Minimum of 5 years of relevant insurance experience as an insurance manager, underwriter, broker or claims manager.

Developing Your Career at Skanska, You Will:

  • Contribute to a sustainable future improving the lives of people, communities and companies;

  • Collaborate in an open culture where sound values and dedicated people come together for greater results;

  • Thrive in a people-driven international company with countless opportunities to learn and grow.

Skanska is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status, such as race, religion, color, national origin, sex, age.

Skanska USA is one of the largest, most financially sound construction and development companies in the U.S., serving a broad range of clients including those in transportation, power, industrial, water/wastewater, healthcare, education, sports, data centers, government, aviation, life sciences and commercial. Headquartered in New York with offices in 31 metro areas, we have nearly 11,000 employees committed to being leaders in safety, project execution, sustainability, ethics and people development. In 2017, our work in building construction, civil and power/industrial construction, commercial development and infrastructure development (public-private partnerships) generated $7.3 billion in revenue. Global revenue of parent company Skanska AB, headquartered in Stockholm and listed on the Stockholm Stock Exchange, totaled $18.8 billion in 2017. Skanska shares are publicly traded in the U.S. on the OTC market under the symbol SKBSY through a Level I American Depository Receipt program.

We are proud to be named one of America's Best Employers of 2017 by Forbes.

Search Firm and Employment Agency Disclaimer

Skanska USA Human Resources ("Skanska HR") provides HR services to the Skanska business units within the U.S.A. including Skanska USA Civil Inc., Skanska USA Building Inc., Skanska USA Commercial Development Inc. and Skanska Infrastructure Development Inc. (collectively "Skanska USA"). As such, Skanska HR is the sole authorized representative of Skanska USA to execute any agreements with search firms, employment agencies or any employment vendor ("Vendor"). As a condition precedent to any entitlement for payment, a Vendor shall have both (1) Skanska USA Placement Agreement, and (2) an Engagement Job Order executed by an authorized Skanska HR representative. Absent the properly executed documents, Skanska HR shall have no obligation to make payment to the Vendor. Verbal or written communications from any employee of Skanska USA business units shall not be considered binding obligations. All resumes whether unsolicited or solicited shall be considered property of Skanska HR.

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Insurance & Surety Coordinator

Skanska USA Building Inc