Company: Targa Resources Inc
Skills: Risk Management
Experience: 2 + Years
Education: Bachelors/3-5 yr Degree
Employment Type: Full Time Salaried Employee
Location: Houston, Texas, United States
No location/work authorization restrictions found.
Targa is currently seeking a Manager, Risk Management and Insurance to report to the Vice President, Risk Management and Insurance, and will assist the Vice President in the placement and administration of the corporate insurance program, including assisting in the preparation of underwriting submissions and presentations, payment of invoices, reviewing coverage binders and insurance policies, developing budget forecasts, reviewing policy audits, contract reviews, and claim handling oversight; basic day to day management of the Risk Management and Insurance Team.
Perform day-to-day responsibilities as follows:
â€¢Manage the Risk Management and Insurance team and act as the primary risk management and insurance point of contact daily.
Must be able to handle complex issues as appropriate.
â€¢Work with management to provide support and assist in the development of the strategy and operational objectives for the risk management and insurance function.
â€¢Work closely with the Legal Department, Supply Chain, and Commercial Services in development and/or review of revised language of various contracts and maintain a clear understanding the relevance of those provisions.
â€¢Serve as a liaison amongst Targa stakeholders and counterparties during the negotiation of non-standard contract terms, and determine and address each affected departmentâ€™s needs relative to those terms.
â€¢Review and analyze insurance policies when an interpretation of contract terms is needed, or when identification of differences in selected terms across contracts is required.
â€¢Work closely with Vice President-Risk Management and Insurance to ensure the exposures of Targa are being identified and analyzed on an ongoing basis and management of the insurance and surety programs.
â€¢Develop analysis and reporting as needed for management.
â€¢Periodic travel will be required (e.g., property risk surveys, underwriter meetings (domestically and London/Bermuda), policyholder conferences, etc.)
â€¢Lead projects as assigned and as needed.
â€¢Position will have two or three analysts reporting directly.
â€¢A minimum of 2 yearsâ€™ experience managing direct reports preferred.
â€¢Bachelorâ€™s Degree required, additional education in Risk Management and Insurance Preferred.
â€¢A minimum of 5 yearsâ€™ experience in the risk management and insurance field, with a minimum of 5 yearsâ€™ experience in the oil and gas industry; OR an equivalent combination of related education, training and work experience.
â€¢Preferred to have the following designations: CPCU, ARM and/or other commercial insurance designations; a law degree is preferable with experience reviewing contracts and understanding of indemnification in contracts.
â€¢Experience working with insurance policies, underwriting submissions, underwriter presentations and formal face to face meetings, contract/agreement reviews.
â€¢Working knowledge of all of the key commercial business insurance coverages, including but not limited to: property/business interruption, commercial general liability, officersâ€™ and directorsâ€™ liability, builderâ€™s risk, pollution liability, and cyber liability insurance products and structures.
â€¢Possess excellent organizational skills and the ability to work on multiple tasks with little supervision.
â€¢Have excellent interpersonal skills, and excellent written and oral communication skills.
â€¢Computer savvy with strong working knowledge of full MS Office Suite (esp. Excel); prior exposure to Oracle preferred.
Targa Resources is an equal opportunity workplace. All employment decisions are made without regard to sex, race, color, religion, national origin, citizenship, age, disability, marital or veteran status, sexual orientation, gender identity or expression, or any other legally protected categories. This includes providing reasonable accommodation if requested for disabilities or religious beliefs and practices.