Risk and Insurance Specialist

About Toronto Metropolitan

At the intersection of mind and action, Toronto Metropolitan University (TMU) is on a transformative path to become Canada's leading comprehensive innovation university. Integral to this path is the placement of equity, diversity and inclusion as fundamental to our institutional culture. Our current academic plan outlines each as core values and we work to embed them in all that we do.

TMU welcomes those who have demonstrated a commitment to upholding the values of equity, diversity, and inclusion and will assist us in realizing the benefits of embedding these values into the work at every level and in every unit of the university. In addition, to correct the conditions of disadvantage in employment in Canada and to bring lived experiences to the work, we encourage applications from members of equity deserving groups that have been historically disadvantaged and marginalized, including First Nations, Metis and Inuit Peoples in Canada, First Nations Peoples in the United States, racialized people, Black people, persons with disabilities, women, and  2SLGBTQ+ people. Preference will be given to candidates with lived experiences as people from equity deserving groups, as well as experience working with these communities with which the University works every day. Please note that all qualified candidates are encouraged to apply and we welcome newcomers and immigrants to Canada.

In April 2022, the university announced its new name of Toronto Metropolitan University. Learn more about our next chapter.

Office of the General Counsel and Board Secretariat (GCBS)

As a group of professionals with expertise in governance, legal services, and information access and privacy, the staff of the Office of the General Counsel and Board Secretariat (GCBS) play a key strategic role in safeguarding and upholding the reputation of the University. The GCBS advises and assists the Board of Governors and the University on legal issues, policies, governance, privacy, compliance, records management, and risk management. 

The Opportunity

The GCBS is looking for a Risk and Insurance Specialist who will:

• Manage the University's insurance and loss prevention program and ensure the program is administered in a responsible and cost-effective manner. 
• Work closely with both the General Counsel, Secretary of the Board of Governors, and Chief Privacy Officer ("General Counsel") and the Chief Financial Officer ("CFO") to ensure a proactive approach to risk management.

Responsibilities

• Manage the University's reciprocal insurance exchange program (including property, commercial and general liability), wrap around coverage insurance and loss prevention program
• Provide risk advisory services by reviewing contracts, proposed new construction and facilities and/or new university activities for risk allocation, loss and insurance implications
• Provide information and guidance on insurance coverage to the University community and respond to all enquiries relating to insurance policies, liability, and coverage; provide insurance information sessions to the University community, including analysis on insurance, indemnity and liability issues for legal contracts and agreements.

Qualifications

• Successful completion of a post-secondary degree program in Commerce, Business Administration or related field
• Diploma in Insurance (ie. Insurance Institute of Ontario) preferred 
• A minimum of 5 years of related work experience in a risk management insurance or related environment with knowledge and application of insurance regulations, practices and procedures
• An equivalent combination of education and experience may be considered
• Strong negotiating skills to determine the best insurance coverage and premiums
• Strong investigative and analytical skills
• Solid oral and written communication skills for report writing, creating manuals, creating and delivering presentations
• Strong interpersonal relationship skills to work collaboratively with various stakeholders, employees, managers and senior leadership
• Strong administrative skills to organize meetings and prioritize assigned tasks.
• Basic knowledge of accounting practices and procedures 
• Excellent time-management skills and the ability to prioritize and ensure completion of work
• Strong attention to detail in document management, correspondence, and database management
• Ability to work independently and also as an effective team member
• Strong proficiency in computers and various software application packages (e.g. Word, Excel, Access, Microsoft Project, e-mail, PowerPoint, Google Apps, CRM software, etc)

Additional Information

Additional Notes

• Qualified MAC candidates will be considered before members of other employee groups.
• An equivalent combination of education and experience may be considered.
• Applicants who do not meet all of the posted qualifications may, upon the University's sole discretion, be considered to fill a vacancy on an underfill basis.
• Candidates must have a demonstrated record of dependability/reliability and a commitment to maintain confidentiality.
• We encourage all First Nations, Metis and Inuit peoples or Indigenous peoples of North America, to self-identify in their applications.
• As part of the selection process, candidates may be required to complete an occupational assessment.  Applications will only be accepted online through Toronto Metropolitan University's career site.
• Toronto Metropolitan University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA), and aims to ensure that independence, dignity, integration and equality of opportunity are embedded in all aspects of the university culture.
• We will provide an accessible experience for applicants, students, employees, and members of the Toronto Metropolitan University community. We are committed to providing an inclusive and barrier-free work environment, beginning with the recruitment process. If you have restrictions that need to be accommodated to fully participate in any phase of the recruitment process, please submit your request through the AskHR webform. All information received in relation to accommodation will be kept confidential.