Spire · 1 day ago
Managing Director, Insurance
Spire is seeking a Managing Director, Insurance to work from its downtown St. Louis (MO) offices. This role involves implementing strategies for risk transfer through insurance programs and managing the company's captive insurance operations.
Customer ServiceEnergyEnergy StorageFacilities Support ServicesFacility ManagementFuelOil and Gas
Responsibilities
Accountable for all non-benefit insurance programs, including recommendations for appropriate coverage, annual renewals at favorable rates, and claim notification and reimbursements
Manage the insurance renewal process, coverage recommendations, compilation of data and submission of application, update presentations for underwriters, review of binders and policies and submission of tax filings, as well as mid-term and end-of-term true ups for any auditable policies
Ensure compliance with and oversee State self-insurance renewal requirements for Auto Liability and Workers Compensation, as well as oversee Spire’s surety bond program
Periodically review contract insurance requirements, limits and endorsements to support risk transfer, and work with Supply Chain, Legal and the business to review any exception requests
Oversee vendor compliance with insurance requirements in our Certificate of Insurance program
Coordinate cross-departmental risk assessment and loss control efforts with our insurers, as well as support development of preventive measures with functional areas, including EH&S, Work Comp, Claims, Safety Management Systems, Damage Prevention, Business Continuity, etc
Work with Legal on significant claims that may reach our excess layer, including initial notification, discussion of appropriate reserve levels, and filing of claims for recovery of costs
Assess and as appropriate implement Builder’s All-Risk for large construction projects, as needed
Develop requests for proposal (RFP) for insurance broker and other relevant outside services
Attend conferences and webinars, assess whitepapers, surveys, benchmarks and best practices to evolve the program and continue to meet the needs of the organization
Lead the strategic direction and business planning for LIRS, administer policies and renewals, manage claim reporting and reimbursement, and compliance with all regulatory requirements
Assess risk capacity and pursue growth opportunities with new lines of coverage, changes in retentions or limits, as well as periodic evaluation of any coverages to eliminate
Review monthly loss runs from insurers, reporting from internal claims administration by Work Comp, Claims and Property, and reinsurance payments through our captive manager and Treasury
Provide quarterly loss history and exposure updates for actuary, discuss any changes in operations or trends and collaborate with them on the completion of actuarial analysis reports
Responsible for leading quarterly LIRS Board meetings and our annual business plan and strategy meeting in South Carolina, including development and presentation of content
Meet with the Investment Committee and our investment manager to review past performance and provide guidance on future cash flow requirements and investment strategy
Provide support for and review of quarterly tax preparations, as well as annual audit, independent fiduciary review and Department of Insurance annual report
Manage outside service providers, including broker, actuary, investment manager, tax and audit
Attend conferences and webinars, assess whitepapers, surveys, benchmarks and best practices to evolve the program and continue to meet the needs of the organization
Qualification
Required
Proven work experience as a risk and/or insurance manager (or similar role), with a strong understanding of risk management techniques and insurance strategies
Excellent decision-making, negotiation, leadership, and collaboration capabilities, along with very strong analytical skills, knowledge of risk assessment tools and methods
Strong proficiency in conceptual risk framework and ability to refine organizational response to current needs and continue to iterate solutions in a collaborative manner as circumstances change
Excellent communication and writing skills and the ability to articulate complex concepts at all levels
Ability to build strong relationships while maintaining independence
Self-starter with a strong work ethic that is unafraid to query, question or constructively challenge
Ability to lead by example in support of the Company's essential characteristics and values: strong ethics and integrity, dedication to a safe work environment, commitment to a diverse workforce that recognizes and respects every individual's unique skills and perspectives
10-15 years' experience in a corporate setting, with preference for those who have functional area responsibility and periodically meet directly with senior management
BA/BS in Business Management or related area required, with a preference for a major in Risk Management, with a strong preference for candidates with an MBA
Preferred
Risk analysis-oriented certifications such as Certified Risk Manager (CMR), Chartered Property Casualty Underwriter (CPCU), Certified Insurance Counselor (CIC) or similar are preferred
5-10 years' experience in energy & utility space and risk management strong preferred
Strong general business experience and financial acumen strongly preferred, to include P&L, balance sheets, budgets; experience running a business or division a plus
Experience with insurance, claims administration and/or captive insurance a plus
Company
Spire
Spire is engaged to transform its business and pursue growth by growing its gas utility business.
H1B Sponsorship
Spire has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (10)
2024 (3)
2023 (10)
2022 (9)
2021 (3)
2020 (4)
Funding
Current Stage
Public CompanyTotal Funding
$2.61B2025-11-24Post Ipo Debt· $900M
2024-02-05Post Ipo Debt· $350M
2021-02-10Post Ipo Equity· $160M
Recent News
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