Manager ~ Insurance

2 months ago

Sydney, Australia Brookfield Asset Management Full time

Location

Sydney - 10 Carrington Street, Level 20

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

**Job Description**:
About the role:
Act as an insurance specialist, contributing to Brookfield’s success through the procurement and management of insurance and risk solutions for Australia and the Asia Pacific region. As part of the Risk & Insurance team, you will be a dedicated risk and insurance resource for the business and collectively with our current Insurance Director, will oversee the insurance needs of the business and portfolio companies.

Responsible for:
Management of Risk and Insurance, Advice and Services
- Responding to ad hoc insurance questions from the business and providing guidance in relation to insurance matters across all of Brookfield’s insurances
- Working with business legal functions to review and negotiate insurance clauses in contracts, including joint venture agreements, transaction agreements, development agreements, property management agreements, leases and loan documents
- Preparation of insurance renewal related documents including coordinating completion of renewal questionnaires, maintaining asset register
- Maintaining insurance certificate register in collaboration with Treasury and working with brokers to ensure required insurance certificates are issued promptly
- Work with BAM APAC HR and BP HR on all employee insurances for the region
- Assisting with reviewing vendor insurances and following procedures for vendor risk management
- Constantly improve and update procedures and processes to ensure excellent delivery of all insurance services
- Ensure requests for Insurance Certificates and other information are processed quickly and accurately

Reporting
- Supporting the preparation and drafting of reports and papers as required, such as board reports, claims reporting and policy summaries
- Assisting in the facilitation of insurance related training across the business
- Supporting the review and updating of risk registers

Broker/Insurance Management
- Assisting in monitoring Broker/ Insurer relationships to meet Brookfield’s insurance service needs with speed, flexibility and expertise and provide feedback.
- Coordinating and participating in insurer site visits for property inspections and/or briefing presentations
- Review broker/insurer invoices, investigate inconsistencies and ensure payment and recharges as agreed and necessary
- Ensure timely processing and payment of insurance related invoices

General Insurance Claims Handling
- Assisting with management and negotiation of insurance claims
- Oversee claims handling by Brookfield’s broker to ensure claims are handled efficiently and result in prompt payment by the insurer.
- Monitor claim settlement to ensure timely receipt of all claim proceeds.

Qualifications/Experience/Skills
- Relevant insurance qualification
- At least 5 years’ experience in a similar position, either with a Broker or within an In-house Corporate role.
- Knowledge of corporate insurances
- Demonstrated experience managing insurance solutions, risks and claims
- Some experience with Risk Management is preferred
- Strong attention to detail
- Demonstrated problem-solving skills
- Strong negotiation and interpersonal skills
- Commercial acumen
- Confident in dealing with people at all levels
- Fast learner
- Autonomous worker

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

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