Job ID : 2873 

Closing Date : 05/03/2024

This position could be located in the following location(s): Manufacturing East Region – Sarnia, ON; NOVA Head Office – Calgary, AB; Pittsburgh Corporate Admin – Pittsburgh, PA; Red Deer Executive Place – Red Deer, AB  

• This position provides the option to work from home on Mondays and Fridays each week, with the requirement to report to the primary NOVA Chemicals work location on Tuesdays through Thursdays. Employees can opt out of the hybrid schedule and will be expected to work Monday-Friday from the primary work location.

Who We Are:

NOVA Chemicals develops and manufactures plastic resins and other petrochemical products that make everyday life safer, healthier and easier. Our employees take pride in our focus on safety and social responsibility by working together to ensure health, safety, security and environmental stewardship through our commitment to sustainability, ESG, and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly-owned by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates.

NOVA Chemicals helps shape a world where products vital to our health and happiness are even better tomorrow than they are today. We are seeking talented and passionate people who enjoy working in a collaborative, innovative environment to join our dynamic team. 

We are currently seeking a Risk Analyst to play an integral role as a key member of our Treasury and Risk Management Team. In this role, you will be responsible for identifying and analyzing the risks and exposures of NOVA Chemicals as well as leading and assisting in the placement of its insurances. This exciting opportunity offers growth potential, vast exposure to all facets of risk management and the opportunity to become fully integrated into NOVA Chemicals’ organization.

You Will Use Your Expertise To:

• Proactively serve as an insurance subject matter expert, providing appropriate advice for claim reporting, premium estimates and allocations, and general insurance questions
• Lead and/or assist in the negotiation and settlement of various claims across all coverage lines
• Be a thought partner with various parts of the organization to develop and maintain risk management tools and frameworks to identify, measure, and manage market risks, including feedstock, foreign exchange, interest rate management, electricity, and carbon credits while ensuring compliance with corporate risk management policies
• Partner with Procurement and Feedstock teams to perform risk assessments on key vendors and suppliers upon request, while also owning a small portfolio of customers performing their risk and credit reviews
• Coordinate, prepare and present professional submissions that accurately reflect NOVA Chemicals’ business and operations to brokers and underwriters
• Review the insurance provisions within contracts and offer advice to operations, legal and other professionals throughout the organization
• Be a subject matter expert on various matters of risk as it applies to all types and aspects of insurance
• Work with NOVA Chemicals Operations and Responsible Care specialists as requested on studies and projects in the loss prevention and risk assessment field
• Work daily with and help manage the resources of NOVA Chemicals’ insurance brokers, insurer contacts and loss prevention specialists
• Support all NOVA Chemicals business ventures such as joint ventures and major capital programs
• Provide NOVA Chemicals enterprise risk management with exposure analysis support that helps provide business units with reliable and creative strategies
• Participate in enterprise risk management policy development and review when requested
• Attend and coordinate site inspections with insurance representatives and site personnel
• Facilitate implementation of survey, audit and other regulatory insurance recommendations and requirements.

What We Are Looking For:

• University graduate or equivalent with 8+ years’ experience in risk management, insurance, reinsurance, process safety and/or loss engineering
• Professional designation in risk management or insurance would be an asset
• Excellent interpersonal and communication skills
• Self-motivated individual with the ability to work in a high energy, fast-paced team environment
• Ability to establish priorities, meet deadlines and support internal and external initiatives in a timely manner
• Broad knowledge of liability, executive risk, automobile, workers compensation, and loss prevention practices
• Ability to travel to NOVA Chemicals sites and to international insurance markets as required
• Operations and engineering experience a plus
• Experience with the usage of a single parent captive to manage risk a plus

You Can Stand Out If:

• You are passionate about your work and put care and thought into all that you do.
• You are responsible and follow through with your commitments to others and to safety.
• You are innovative and are willing to challenge your biases when problem solving. 
• You are collaborative, inclusive, and work well with others towards team goals. 

Additional Information:

• Relocation will NOT be considered for this position
• This role requires up to 25% travel
• The successful candidate is required to provide proof of a valid driver’s license

Why NOVA Chemicals?

NOVA Chemicals’ flexible benefit programs are designed to meet the diverse needs of our employees, because when it comes to benefits, everyone has different priorities. Our benefits offerings will vary based on your work location, and are an element of the “Total Rewards” package used to reward employees.

Check Us Out Online:

• Follow us on Twitter and Instagram for company news.
• Follow us on LinkedIn and Glassdoor for job updates.
• Read more on our Responsible Care® and sustainability initiatives like Project STOP

All qualified applicants will receive consideration for employment without regard to age race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Accommodations for job applicants with disabilities are available on request.