Job ID : 2874 

Closing Date : 05/03/2024

This position could be located in the following location(s): Manufacturing East Region – Sarnia, ON; Geismar Site – Geismar, LA; Joffre Administration – Red Deer, AB; 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 seeking a Risk Manager to play an integral role as a key member of our Treasury and Risk Management Team.  In this role, you will be responsible for establishing and executing strategies for the company’s risk management program including determining insurance levels, self-insurance, commercial insurance, captive use, property loss control programs and claims administration.

This exciting opportunity offers vast exposure to all facets of risk management, the opportunity to become fully integrated into NOVA Chemicals’ organization and the ability to obtain extensive experience and knowledge in all areas of risk management.

You Will Use Your Expertise To:

• Manage and negotiate placement of global insurance coverage for various lines of coverage including Property and Business Interruption, Terrorism, Liability, Cargo, Directors and Officers (D&O), Fiduciary, Crime, Cyber, workers comp and Owner Controlled Insurance Program (OCIP)
• Conduct annual evaluation of program structures, terms and conditions, retained and transferred risks to optimize programs for evolving risks and identify costs saving opportunities
• Regularly meet with senior leadership, including Board of Directors, providing high-level updates on state of the insurance market, coverage cost and structure, renewal strategy and claims activity
• 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
• Advise on various matters of risk as it applies to all types and aspects of insurance
• Manage all phases of the claims process from intake and investigation through to settlement or litigation collaborating with brokers, claim adjusters, experts, counsel and other involved parties
• Develop and foster positive relationships with global brokers and insurers, insurance risk engineers and peer Risk Professionals
• Coordinate and prepare comprehensive renewal submissions to accurately portray NOVA Chemicals’ risks, business and operations to brokers and underwriters
• Coordinate and facilitate loss prevention inspections of NOVA Chemicals’ facilities with insurers and brokers
• Prepare and oversee budget for annual insurance premiums including allocations as well as departmental expenses
• Oversee the captive management from the owner’s perspective ensuring timely audits and regulatory filings
• Support all NOVA Chemicals business ventures such as joint ventures and major capital programs

What We Are Looking For:

• University graduate or equivalent with 10+ years’ experience in risk management, insurance, reinsurance, process safety and/or loss engineering
• Strong interpersonal skills and the ability to communicate clearly and succinctly to effectively deliver key messages verbally and in writing
• Ability to work effectively in a fast-paced team environment
• Demonstrated decision making and problem-solving skills
• Detail-oriented with the ability to multi-task and meet deadlines
• Proven ability to collaborate with people from various levels of the organization to achieve goals

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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
• Compensation will be commensurate with education and experience
• 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.