Manager, Insurance–ERM Risk Management

A little about Capital Power

Capital Power (TSX: CPX) is driven to power a sustainable future for people and planet. This purpose guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We’re a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver innovative electricity solutions with a vision to electrify the world reliably and affordably while protecting the planet for future generations.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We’re here to partner with you so you can learn, innovate, and forge a career that’s meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position.

Do you enjoy a fast-paced environment, where learning and career growth are encouraged and supported?

Does an opportunity to impact the insurance program of a growth-oriented company whose purpose is to power a sustainable future for people and planet interest you?

We are seeking a motivated and innovative professional to join our Insurance & Enterprise Risk Management team!

As the Manager, Insurance & Enterprise Risk Management you are accountable for assisting with the placement and renewal of Capital Power’s corporate insurance programs, including development of insurance risk transfer programs to provide adequate coverage for identified and insurable risks. You will also be involved with loss control visits, claims management, and due diligence efforts related to insurance requirements. In addition, the position is accountable for assisting with the implementation and ongoing maintenance of an effective and efficient ERM program.

You will contribute to our team by

• Supporting corporate insurance programs and the placement of appropriate risk-based coverage lines (property, liability, Directors & Officers, Crime, workers compensation, Fiduciary and Auto).
• Managing insurance Broker services (performance and cost of service).
• Handling the insurance claims process.
• Facilitating and participating in the loss control inspection process required by insurers.
• Providing Insurance Risk expertise to business development operations, and construction.
• Maintaining current knowledge on emerging risks and impact to operations, technologies, key developments, and approaches in the ERM area.
• Helping identify, evaluate, mitigate, and monitor the Company’s operational and strategic risk.
• Analyzing and reporting enterprise risks, and to managing risks according to an enterprise risk management framework.
• Recommending risk management approaches to business.
• Providing recommendations and contact information to assist operations in resolving insurer recommendations from loss control inspections.
• Managing resources within approved budget.
• Providing input and advice on all greenfield, construction, acquisitions, and divestitures.
• Ensuring timely and accurate execution of all insurance policies.
• Ensuring the organization’s risk management policies and strategies comply with applicable standards and are aligned with the organization.
• Assisting to ensure adequate insurance coverage through quantitative analysis and risk assessment is in force for all identified risk.
• Communicating anticipated changes to the existing insurance programs in a timely manner.
• Educating stakeholders about the most significant business risks, ensure business leaders understand the risks that may affect their operations.
• Working collaboratively and across groups within and outside of the organization to ensure risk exposure is mitigated.
• Assisting with the preparation of reports annually to the audit committee on the insurance program.
• Providing mentorship and training to any assigned staff.

What you will bring to the role  

Education:

• University degree required, preferably B. Com, Engineering, or related field.
• Canadian Risk Management Designation would be an asset.
• Educational equivalency may be considered.

Experience:

• 5-9 years of related experience.

Technical Skills:

• Strong ability to communicate and work effectively at all levels of the organization.
• Well versed in the power industry / business and the associated risks.

Working Conditions:

• Hybrid Office/Work from home position
• Travel to Capital Power generating facilities on a regular basis.

Additional Details

In order to be considered for this role you must be legally eligible to work in Canada.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.

To apply on this position please go to www.capitalpower.com/careers and search for JR805765.