Senior Consultant - COI- Certificate of Insurance

Responsibilities

Evaluate and assess insurance stipulations delineated in contracts, agreements, and vendor profiles.

Relay insurance prerequisites to vendors and contractors, aiding them in acquiring and submitting requisite documentation.

Validate the accuracy and sufficiency of insurance certificates provided by vendors, ensuring adherence to contractual obligations.

Track insurance expiry dates, renewals, and proactively engage with vendors to secure updated certificates when necessary.

Collaborate with internal stakeholders such as procurement, legal, and risk management teams to ensure consistency in insurance requirements and compliance procedures.

Address inquiries from vendors, internal departments, and external partners regarding insurance-related inquiries.

Remain updated on industry norms, regulatory mandates, and optimal approaches concerning insurance compliance.

Contribute to the development and implementation of streamlined processes and tools aimed at enhancing insurance compliance activities.

Support audits and evaluations associated with insurance compliance and risk management.

Regularly publish reports and maintain close monitoring of non-compliance and pending cases.