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Client Executive

Location: Toronto, Ontario, Canada

Company: Marsh

Job ID R_077795-en

Nuclear generating assets represent both the largest concentration of asset values and the largest source of potential legal liability for the enterprises that operate them.As such the management of risk including operator safety, fire prevention, equipment reliability and maintenance are paramount considerations for any nuclear facility owner.Marsh is the global leader in advising the nuclear risk management community, and boasts a longstanding commitment to supporting the safe operation of nuclear facilities.The role of the Nuclear Risk Consultant is to act as a liaison between the nuclear site operators as well as their associated financial/legal staffs and the underwriters and risk control engineers who serve as their risk financing counterparties.The role requires considerable negotiating skill, a sound understanding of the key risk issues associated with nuclear operations and loss prevention principles, and strong oral and written communication skills.

Core duties:

·Become familiar with the facilities assigned and their unique risks and risk attributes.

·Serve as a liaison in the inspection of these facilities by insurer representatives and assist in the evaluation and negotiation of recommendations that arise from these inspections

·Serve as an expert in advising clients on the suite of insurance coverages unique to nuclear facilities, and their interaction with more conventional risk financing programs.

·Support clients in the review and development of contract risk terms for plant maintenance and upgrades, fuel and equipment purchases, and waste management.

·Assist in the training of customers and colleagues around nuclear risk issues and the solutions that have been developed to address them.

·Stay abreast of industry developments and events as they pertain to risk management, and the evolving priorities and appetites of the insurers who underwrite nuclear facilities.

·Advocate on behalf of assigned clients and their facility operators in negotiating insurance programs offering the best possible terms and pricing available in the marketplace.

·Coordinate with internal engineering analytical resource groups to conduct risk modeling projects to assist clients in making optimal risk engineering and financing decisions.

Key qualifications:

·A knowledge of nuclear power production equipment and operations, with particular focus on CANDU reactor technology.

·A thorough understanding of the discipline of Health Physics, radiological exposure controls, radiation monitoring and record keeping, and the biological effects of radiation exposure.

·An appreciation of the role of risk management and the unique safety culture associated with the operation of nuclear power plants, fuel fabricators, radiological laboratories, and waste disposal sites.

·Familiarity with the concept of reliability centered maintenance and the role of regular maintenance in fostering equipment reliability.

·Working knowledge of fire protection systems and safeguards in and industrial setting.

·Strong oral and written skills and comfort in a negotiating setting and in addressing senior level finance and operations professionals.

·An understanding of key accounting principles including asset valuation, materiality, capital budgeting, and the calculation of various measures of return.

·Periodic travel is required for facility site inspections, meetings with client decision-makers, and presentations to underwriters.Some overseas travel may be required.

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