Start a Watco Career and Discover the Difference

 

Keep the world’s supply chain moving. That’s what the Watco team does every day at our short line railroads, switching sites, terminals, ports, and logistics hubs. Whether you’re at one of these locations or in a support-services role, there’s one thread that ties everyone together. We’re all on the same team. One Watco. 

 

Here’s what you can expect from Watco: 

Award-winning culture recognized by Forbes and Newsweek Competitive compensation and benefits Paid on-the-job training with peer trainers  Operations training at the Safe Performance Center in Birmingham, Alabama Leadership and development programs offered through Watco University  Career advancement opportunities

 

This is a hybrid position and will be based out of our Overland Park, Kansas corporate office.

 

This role will support the Vice President of Risk Management in the creation and enhancements to the risk management program/strategy including; the design and placement of various insurance programs and policies, claims management,  broker and insurer relations, contract reviews and establishing third party insurance requirements,  engagement with Corporate Development teams on acquisition related initiatives, consulting with business partners to manage issues and inquiries relating to risk management and insurance programs. This position will work closely with Legal, Accounting, Business Development, Real Estate, Environmental and Safety in support of Risk Management initiatives as described below.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

Assist in placement and management of insurance programs Provide claims management services including developing processes to ensure timely identification and reporting, monitoring of claims reserving and development with Legal, and tracking and summarizing of outstanding claim liabilities Collect and organize data for insurance program submissions and lead/assist in insurance program renewals as directed. Collaborate with internal partners to prepare comprehensive presentation materials in support of underwriter renewal meeting activities. Develop and maintain strong relationships with insurance brokerage partners to ensure efficiency of insurance program administration functions including claim reporting, program invoicing, policy issuance and certificate of insurance requests. Assist in corporate development initiatives including support of due diligence and integration efforts as related to corporate insurance functions and programs. Provide insightful and comprehensive risk management consulting services to business areas including vendor, customer and merchant contract reviews, establishing insurance requirements and supporting loss control activities. Reviewing all insurance policies for completeness and accuracy. Partner with the accounting department to strategize on processes and coordination between accounting and risk management Occasional travel required.

 

QUALIFICATIONS   

Bachelor's Degree in Accounting, Finance, or Insurance/Risk Management with at least 4 years of professional experience in risk management or insurance (corporate risk management, broker, insurance carrier or claims). Knowledge of risk, insurance, and liability principles and concepts. Skill in contractual negotiations and administration. Knowledge of insurance underwriting principles.