- Full-Time
At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you’re part of making sure our business is running optimally and safely-helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!
Job Summary
The Manager, Insurance is responsible for supporting the Senior Manager, Insurance in his role and in the development and implementation of CN’s commercial insurance programs and strategy. In achieving this objective, the incumbent will participate in the development of the long-term assurance plan, while responding to day-to-day internal requests. The Manager, Insurance will also be actively involved in developing and maintaining relationships with external service providers.
Main Responsibilities
Insurance Strategic Plan, Regulatory and Reputational Risk Management
Stay abreast of market conditions and trends for the Class 1 railways regarding property, third party liability as well as Directors and Officers (D&O) coverage
Review CN’s and their subsidiaries’ individual insurance programs on an annual basis to resolve legal responsibilities, risk, and the adequacy of programs
Propose solutions to reduce insurance risk and further CN’s reputation
Collaborate with cross-functional teams to participate in the development and implementation of the insurance strategy to promote the company’s business objectives and reputation
Monitor the collection of all the information necessary for the preparation of insurance submissions and applications
Participate in drafting and reviewing the annual submissions and applications for the main insurance programs
Take part to the establishment and the adaption of the priorities to advance the insurance risk mitigation objectives in the intersection of regulatory, legal, legislative, and business objectives
Provide support in the negotiation of the terms and conditions of insurance agreements with the team of brokers
Support the Senior Manager, Insurance in contract negotiations and make sure that goals are met regarding insurance requirements for CN and third parties
Collaborate with Law and Procurement to review legal contracts for vendors, suppliers, business and operation partners or clients
Work proactively with CN brokers and forensic accountants on the preparation of large insurance claims
Contribute to the development and presentation of legal arguments to CN’s insurers on insurance claims
Participate on the Corporate Incident Management Team for crisis resulting from a derailment
Stakeholders’ Engagement
Interact with external brokers and oversee the completion of work against goals
Assist the Senior Manager, Insurance in communicating strategic directions to CN’s Canadian and foreign brokers
Maintain good relationship with local brokers
Take part in meetings with the senior insurance underwriters for the renewal of CN’s main insurance programs and organize annual meetings
Contribute to the development and maintenance of relationships with government officials involved in the review of the legal insurance requirements of CN and its subsidiaries
Develop business relationships with other CN departments allowing an effective collaboration in the resolution of various insurance requests
Develop and participate in insurance training and information sessions with internal stakeholders.
Professional development
Partner and engage with cross-functional peers and other stakeholders, establishing collaborative and productive dotted line relationships
Establish a plan to improve and maintain knowledge in risk management, insurance and the Class 1 railway industry through relevant training and involvement
Working Conditions
The role has standard working conditions in an office environment with a regular workweek from Monday to Friday. The current policy allows for remote work on Wednesdays and Fridays. The incumbent may be required to work overtime as required. In addition, the role may result in some travel across Canada and the United States. Due to nature of the role, the incumbent must be able to work in a high-pressure environment, meet deadlines to ensure executive and Board level deliverable, handle pressure, and stress.
Requirements
Experience
Insurance
- Between 2 to 5 years of relevant experience in the insurance and risk management industry
- o Experience working for a publicly listed company
- o Experience communicating and presenting insurance information
- o Experience as an expert in insurance and risk management and as a key contact for various departments of the company
- o Experience working for a major transportation company
- o Experience working in a Class 1 railway*
- *Any experience for these above would be considered as an asset
Education/Certification/Designation
- Bachelor’s Degree in Commerce with a Statistics, Economics, Finance, or Accounting specialization
- Certification as a damage insurance representative or a claims adjuster*
- Risk Management Certificate (CRM) or CIP designation*
- *Any designation for these above would be considered as an asset
Competencies
- Demonstrates agility and drives change
- Knows the business and stays current on industry needs
- Applies critical thinking
- Sets direction and inspires others
- Communicates with impact
- Develops self and others
- Collaborates with others and shares information
- Demonstrates active listening
- Solves problems to create value
- Leads by example for the safety and security of all
Technical Skills/Knowledge
- Knowledge of Canadian Federal and Provincial laws and U.S. regulations as well as CN’s legal obligations
- Thorough knowledge of insurance and risk management
- Thorough knowledge of economic principles and markets
- Knowledge of Microsoft Office
- Fluently bilingual, both written and verbal (English, French)*
*Any knowledge for any of the above would be considered as an asset
About CN
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability, and our customers, providing operational and supply chain excellence to deliver results.
At CN, we are dedicated to building North America’s safest, most inclusive and sustainable railroad, which includes reflecting the communities in which we operate. Research shows that candidates from underrepresented groups often don’t apply unless they feel they fit the job posting at 100%. Even if you don’t see yourself in every job requirement listed in a posting, we still encourage you to apply. If you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations), please reach out to our team at cnrecruitment@cn.ca.
As an equal employment opportunity employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, and other protected status as required by applicable law. We thank all applicants for their interest, however, only candidates under consideration will be contacted. Please monitor your email on a regular basis, as communication is primarily made through email.
