Job Description
Job Description
Opportunity Statement
We are seeking an Insurance Manager to oversee the organization’s insurance programs and risk management activities. This role ensures the company maintains adequate protection against financial loss, manages claims efficiently, and supports compliance with regulatory requirements. The Insurance Manager will work closely with internal departments, brokers, and carriers to optimize insurance strategies and mitigate risk.
Role Responsibilities
The Insurance Manager is expected to manage all aspects of insurance programs, risk management, and claims oversight :
- Manage and administer company insurance programs, including property, liability, workers’ compensation, auto, health, and other lines of coverage.
- Evaluate current coverage to ensure adequate protection and cost-effectiveness.
- Negotiate renewals, terms, and premiums with brokers and carriers.
- Identify and analyze potential risks that could impact the business.
- Develop and implement risk management strategies to minimize exposure, collaborating with DBAs and internal departments.
- Oversee and coordinate insurance claims, ensuring timely and accurate filing.
- Liaise between employees, departments, and insurance providers during the claims process.
- Monitor claim resolution and track claim costs.
- Ensure compliance with federal, state, and local insurance regulations.
- Maintain accurate records of policies, claims, and certificates of insurance.
- Prepare reports for leadership on insurance costs, risk exposure, and trends.
- Supervise staff involved in claims handling or insurance administration, if applicable.
- Manage relationships with brokers, adjusters, and carriers.
- Train internal staff on insurance policies and procedures.
- Recommend adjustments to coverage as business operations expand or change.
- Develop long-term strategies to reduce claims, losses, and premium costs.
- Support budgeting and forecasting related to insurance expenses.
- Other duties as assigned.
Skills and Experience Required
In-depth knowledge of insurance policies, coverage types, and industry practices.Strong understanding of risk management principles and claims processes.Excellent negotiation, analytical, and communication skills.Ability to analyze data and identify cost-saving opportunities.Strong organizational skills and attention to detail.Proficiency in Microsoft Office Suite (Excel, Word, Outlook).Ability to work cross-functionally and manage vendor relationships effectively.5+ years of experience in insurance management, corporate risk, or related field.Experience in policy negotiation, claims management, and regulatory compliancePreferred Skills :
Professional certifications (e.g., ARM, CPCU, or equivalent) a plus.Prior supervisory experiencePreferred Education
Bachelor’s degree in Business, Finance, Risk Management, or related field required.