VP, Corporate Insurance and Claims

Position Overview

Responsible for planning and directing the design and implementation of a corporate-wide insurance program to reduce Berkshire Hathaway Energy Company's risk profile. Develops objectives and policies to ensure effective insurance coverage for the company. Directs all activities related to corporate insurance and claims while collaborating with insurance brokers, underwriters, and legal counsel to optimize coverage and manage claims effectively.

Key Responsibilities

• Develops and directs the corporate insurance programs, excluding benefits-related plans, to manage the risks identified.
• Procures and implements a variety of insurance products (e.g., mutual, commercial, captive, reinsurance, other regulatory or financial products) to support the requirements of the company.
• Manages claims and loss control activities.
• Maintains relationships with third-party service providers including brokers, underwriters, and other third-party administrators.
• Develops policies and procedures to reduce the company's risk profile and implements modifications based on changing business conditions.
• Ensures compliance with enterprise risk management and risk control policies and procedures.
• Measures and reports on the company's insurance risk portfolio and plans.
• Ensures that adequate investigation, analysis, and case management strategies are used for the successful resolution of incidents involving liability or collection activities.
• Oversees case management activities, including the valuation of claims, ensuring fair and equitable solutions in line with department and company policies.
• Monitors claims litigation strategy and activities to ensure cases are properly prepared and managed while minimizing defense costs in collaboration with legal departments.
• Utilizes the results of claims investigation and analysis to develop programs or policies that mitigate future claims.
• Acts as a company witness in regulatory proceedings in support of insurance programs.
• Oversees the management of a captive insurance company.
• Provides strategic direction and directs staffing efforts for the corporate insurance and claims team.
• Prepares and is accountable for fiscal budgets, regulatory filings, and data requests.
• Ensures all compliance aspects are followed by understanding and adhering to all applicable policies, codes, and regulations.
• Performs additional responsibilities as requested or assigned.

Required Qualifications

• Bachelor's Degree in Risk Management, Business Administration, Finance, Accounting, or a related field; or an equivalent combination of education and work experience.
• A minimum of ten years of insurance and claims related experience.
• A minimum of seven years of direct people management experience.
• Demonstrated knowledge and understanding of the overall business, the sources of risk, and potential options for mitigation.
• Effective financial, analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills.
• Knowledge of insurance rules, regulations, policies, procedures, and practices; as well as applicable federal, state, and local governmental laws and regulations.
• Must be able to perform the essential functions of the position, with or without accommodation.
• All qualified applicants will receive consideration for employment without regard to race, color, religion, age, national origin, gender, or any other protected category.