RISK INSURANCE ANALYST

JOB SUMMARY

Position Overview:

Reporting to the Director of Risk and Insurance Management, this position supports the company’s Risk and Insurance Management department. This involves assisting with insurance claims, data analysis and reporting, policy renewal support, assisting with identification of operational risk, safety issues and contractual liabilities. Other responsibilities include managing Certificates of insurance, assisting with Corporate Real Estate, assisting with WCB claims and providing administrative support such as managing department records, processing invoices and coordinating claim documentation.

As a Risk Insurance Analyst, you will collaborate closely with various departments including operations, finance, and legal to ensure comprehensive insurance coverage and compliance.

SPECIFIC RESPONSIBILITIES AND ACCOUNTABILITIES

- Support all Corporate insurance activities

- Support claims review and administration

- Support Corporate Real Estate portfolio

- Manage Certificates of insurance

- Support WCB claims and reporting

- Provide data modeling and analysis to support Corporate risk and insurance activities

- Assist the Director with investigations, accidents, property damage and liability claims with the view to determining cause, cost and potential mitigation strategies

- Assist the Director with monitoring and administration of the department budget

- Stay up-to-date with industry regulations and market trends affecting insurance and risk management.

- Collaborate with internal stakeholders to identify potential risks

- Monitor and manage insurance claims, working closely with insurers and legal teams to resolve issues efficiently.

- Assist in the negotiation and renewal of insurance contracts to optimize terms and coverage.

COMPETENCIES

- Self-starter

- Takes Initiative

- Understanding of insurance policies, claims processes, and regulatory compliance relevant to the energy sector.

- Excellent analytical and problem-solving skills with attention to detail.

- Ability to communicate complex insurance concepts clearly to non-expert stakeholders.

- Demonstrated ability to work collaboratively in a multidisciplinary team environment.

- Critical thinker

- Ability to effectively summarize and clearly communicate results, both in writing and verbally, to a wide range of audiences

- Proficient in the ability to analyze complex data and relay in simplified terms

- Strong skills in Microsoft Office, with advanced Excel skills.

- Strong multi tasker

- Excellent time management

EDUCATION AND EXPERIENCE

- Bachelor’s degree in finance, business, insurance or a related field.

- 1 – 3 years of related experience

- Pursuing professional certification

- Experience in the oil and gas sector would be an asset

OTHER ACCOUNTABILITIES

- Business Ethics – Understands fully Ensign’s ethics policy and its application in all business dealings including contractual agreements and contract negotiations

- Business Policies - Understands and agrees to follow all of Ensign’s Policy and Directives and procedures as set forth in the Ensign Company Policy and Basic Directives Handbook for Employees

- Certifications – Maintains technical and safety certifications required by company or government agencies; remains current on all OSHA, EUSD and other required training

- Drug-free workplace - Conforms to a drug-free workplace, not be under the influence of mind-altering prescription or non-prescription drugs, including alcohol and other drugs of abuse.

- Occupational Health and Safety – Understands fully the Ensign Health and Safety policy and self-responsibility for own health and safety at work; Demonstrates responsibility to avoid adversely affecting the health and safety of others through any act or omission

- Uses the correct protective clothing and equipment as provided by Ensign and guards against misuse or damage to such equipment

- Reports any hazardous situations arising in the workplace that cannot be self-corrected, or injury incurred during the course of work, no matter how minor

- Avoids injury resulting from manual handling tasks, by use of risk assessment, correct mechanical handling equipment and correct manual handling techniques