Jobs.ca
Jobs.ca
Language

About the role

The Department of Finance is committed to Equity, Diversity, Inclusion and Accessibility. Our goal is to build a public sector workforce that reflects the diverse communities we serve and to promote welcoming, diverse, inclusive, respectful workplaces that are accessible to all. We welcome all interested individuals including Indigenous People, persons with disabilities, Black, racialized, ethnic and culturally diverse groups, as well as people regardless of their sexual orientation, gender identities, and gender expressions. Those looking for more information are invited to visit our Equity, Diversity, and Inclusion Policy.

This position reports directly to the Manager of Risk Management and will have responsibility for claims administration including claims investigation, confirmation of coverages under various types of policies, and providing direction on active litigation matters. This position will also provide expertise in the area of risk management leadership, which includes providing advice, sometimes in high pressure and urgent situations, to client partners in the areas of risk assessment, analysis and mitigation strategies. This position will also provide advice to the Director of Risk Management and Insurance and, on occasion, will provide advice to the Deputy Secretary to Treasury Board.

The position is also responsible for commercial lines underwriting, including identifying and analyzing risk and providing advice on insurance coverage requirements for client partners. They will provide specialized advice to the Manager to assist in developing statistics for the Manager for insurance coverage rates and premiums with respect to Self-Insurance & Risk Management Fund (SIRMF). This position will maintain insurance policy wordings and insurance certificates for SIRMF. They will also negotiate and administer placement of insurance coverages from the insurance market and provide advice to client partners on the coverage being placed, as well as additional insurance products that should be considered. This position also provides contract review for insurance requirements.

Duties will include but are not limited to:

  • Claims Adjusting & Examining
    • Investigate claims to determine extent of liability and to provide advice to risk management leadership regarding whether claim falls within the scope of the coverage provided by PEI Self-Insurance and Risk Management Fund (SIRMF).
    • Assign and provide instruction to independent adjusters and appraisers to carry out appropriate investigations, quantify damages, and provide advice on coverages, when required.
    • Provide recommendations to Manager on when to refer claims to legal counsel. Provide instruction to legal counsel in relation to claims management, which may include providing legal counsel with instruction on when to settle claims, strategy in directing legal claims, use of alternative dispute resolution options, including mediation and negotiation strategies.
  • Contract Review for Insurance Purposes
    • Work closely with client partners to best understand their specific operational needs, model and objectives to provide high quality advice in the review of contracts, leases, purchase and sale agreements, etc. to identify risk and recommend risk transfer opportunities.
    • Have knowledge and general understanding of specific sectors (ie transportation, construction, ITSS, etc) to support optimal and best advice for appropriate and reasonable recommendations for specific insurance coverages and needs.
    • Provide advice to support government entities to ensure these contracts comply with Treasury Board Policy & Procedure Manual with respect to insurance requirements.
  • Risk Control and Advice
    • Consult and advise Departments, Crown Corporations, Agencies, Commissions, School Boards and Healthcare with regard to their insurance coverage and risk management needs. This will require a significant operational level of knowledge to analyze each client partner’s business needs, priorities, objectives and deliverables.
    • Support the Manager on risk analysis initiatives for large complex projects. Investigate and research risks associated with specific projects and provide a detailed report on proposed risk mitigation and avoidance strategies.

Minimum Qualifications:

  • Must have University Degree, preferably in Business Administration, Economics, Finance or Law.
  • Must be currently enrolled or have attained a Canadian Insurance Professional designation (CIP).
  • Risk Management certification or experience would be considered an asset.
  • Extensive experience within the Risk Management and Insurance industry.
  • Considerable experience in all classes of Commercial Lines Insurance or in policy development, program planning, project management and strategic or operational planning.
  • Experience as a Claim Adjuster and active Adjuster’s license would be considered an asset.
  • Proficiency in contemporary Accounting Software, and Business applications such as Microsoft Word, Excel, PowerPoint.
  • Must have a sound and current knowledge or principles of insurance, underwriting, adjusting and risk management including risk identification, risk evaluation, risk transfer, and risk control.
  • Must have a sound knowledge of law and legal principles including Contract and Tort law, existing legislation, the basis of legal liability, the rules of evidence and contract law. This is required to review public sector contracts, direct claims investigations and direct legal processes.
  • Must have a sound and current knowledge of the business trends of insurance, re-insurance and brokerage firms.
  • Leadership and/or management experience, preferably in a client centered setting is required.
  • Requires excellent collaboration skills with an ability to plan and think strategically.
  • Strong interpersonal skills, excellent written and oral communication. strong interviewing, negotiation, and conflict resolution skills.
  • Must have good conceptual, analytical and technical skills to evaluate risk.
  • Applicants must have a valid driver’s license as travel is required.
  • Additional relevant education and experience will be considered an asset.

This competition may be used to fill future job vacancies.

Please Note: Please ensure the application clearly demonstrates how you meet the noted qualifications as applicants will be screened based on the information provided. We would like to thank all applicants for their interest; however, only those who are selected for an interview will be contacted.

Where possible, submitting an electronic resume or job application is preferred. Otherwise, please return forms to PEI Public Service Commission, P.O. Box 2000, Charlottetown, Prince Edward Island, C1A 7N8. Applications may be sent by fax to (902) 368-4383. IT IS THE RESPONSIBILITY OF THE APPLICANT TO CONFIRM RECEIPT OF THE APPLICATION, BY TELEPHONE OR IN PERSON PRIOR TO THE CLOSING DATE. Please ensure that the appropriate Posting ID number is stated on all application forms. You can apply online or obtain an application form by visiting our web site at www.jobspei.ca**. Forms may also be obtained by contacting any PEI Government office, ACCESS PEI Centre, Regional Services Centre, or by telephone (902) 368-4080.**

No. 6 on Forbes’ list of Canada’s Best Employers 2024

The Public Service is inspired to make a positive impact and proud to shape the future of our Island Community.

About Government of Prince Edward Island

Government Administration
1001-5000

We invite you to DISCOVER why others are making the choice to work and live in Prince Edward Island, Canada.

Just imagine - a relaxed drive to work, affordable housing in a safe and welcoming community, quality education, a vibrant urban centre and so many choices for things to do beyond 5 o'clock.

Have you considered calling Prince Edward Island home?

Prince Edward Island has rewarding careers in provincial government, its health sector and other areas of public service. Discover more at https://www.princeedwardisland.ca/en/topic/getting-job.