Senior Manager, Insurance

At Hydro we work to foster positive work-life balance and offer remote or hybrid working arrangements for some positions based on the nature of work being performed and an assessment of other relevant factors.

Opportunities, Growth, Job Satisfaction...Join the Hydro Team.

Senior Manager, Insurance
Competition #: NLH-NR-26-006
Status: Permanent
Location: St. John's

Our employees are at the heart of what we do. We're looking for passionate and performance focused people - people who want to make a difference for our customers and who share our values.

Key Responsibilities:

• Identify complex property, casualty and liability risks and exposures, and devises methods to minimize loss potential by evaluation of cause, frequency, severity, and potential impact on NL Hydro;
• Plan and organize appropriate risk control and risk financing techniques to minimize the cost of risk;
• Identify coverage requirements, negotiate insurance contracts, oversee settlement and payment of claims, and provide due diligence oversight for contract indemnification and insurance provisions for NL Hydro and its subsidiaries, including Oil and Gas;
• This role involves frequent reviews of key contracts on demand to ensure that insurance and indemnity issues are appropriately addressed;
• Oversee the work of a Risk & Insurance Analyst;
• Accountable for delivery of departmental objectives and work plans.

What We're Looking For:

• Strong written and oral communication skills;
• Strong interpersonal skills to foster effective working relationships with members of various teams;
• Excellent analytical skills and problem solving abilities.

What You'll Need:

• A university degree in business, engineering or related field. An equivalent combination of education and experience may be considered;
• Formal training in Corporate Risk Management and the completion of risk management and insurance designations would be an asset;
• Ten years as Risk and Insurance Manager within the electrical utility or energy industries, or related experience in major corporations;
• You must have the ability to operate with a high degree of freedom within the framework of the organization and be able to effectively communicate both orally and in writing with senior leaders in NL Hydro as well as our partners and advisors;
• Complex problem solving skills are needed to effectively act as principal liaison with senior management, brokers, insurers and others to secure the best possible terms, conditions and coverages given cost constraints and risk appetite;
• Must be able to work irregular hours on occasion and conduct investigations in hazardous situations and in remote locations;
• Willingness to travel, as required;
• Having a detailed understanding of key operational processes, such as asset management and loss control, would be considered an asset.

CLOSING DATE: February 6, 2026

We're looking for energy we can count on!

Wondering what to expect when starting a career at Hydro? Click here to learn more.

Newfoundland and Labrador Hydro is the people's utility that you can count on - providing safe, cost-conscious, reliable electricity while harnessing sustainable energy opportunities to benefit the people of Newfoundland and Labrador. We value our employees, we take care of each other, we recognize excellence, we respect individuality and we work hard to create an inclusive and welcoming workplace. People who work at Hydro feel like they're part of a community and we give back to the communities where we live and work to make them stronger. There's lots to learn at www.nlhydro.com

We're looking for energy we can count on!

Apply Now.

Our company values diversity and inclusion in the workplace and encourages applications from diverse candidates, including women, Indigenous peoples, persons with disabilities and members of visible minorities.

Submit your application online. Please quote the competition number with your application. We thank all applicants for their interest; however, only those considered for an interview will be contacted.