
Senior Insurance Specialist
4 days ago
Position Summary
This role will focus on supporting global risk management initiatives, ensuring the company meets its risk management objectives through effective insurance operations.
Key Responsibilities
- Contract Review & Compliance:
- Assess insurance-related clauses in global contracts to ensure risk mitigation and compliance.
- Collaborate with legal and business teams to address insurance requirements in agreements.
- Certification of Insurance & Compliance Monitoring:
- Issue, review, and track Certificates of Insurance (COIs) to meet contractual obligations.
- Maintain and monitor compliance with insurance policies and regulatory requirements.
- Insurance Renewal Support:
- Assist in the annual insurance renewal process, gathering underwriting data and supporting negotiations.
- Coordinate with global brokers, insurers, and internal teams to ensure timely policy renewals.
- Invoice Processing & Financial Coordination:
- Manage insurance premium invoicing, allocations, and reconciliation across global business units.
- Work with finance teams to ensure accurate processing and reporting.
- Captive Insurance Management Assistance:
- Support captive insurance program administration, including policy issuance and claims tracking.
- Assist in data analysis and reporting related to captive performance.
- Dashboard Development & Reporting Analysis:
- Develop risk management dashboards for data visualization and decision-making support.
- Conduct trend analysis and reporting on claims, policy performance, and risk exposures.
Requirements
- 8-10 years of experience in global insurance, risk management, or corporate insurance functions.
- Strong knowledge of commercial insurance policies (e.g., General Liability, Property, D&O, Cyber).
- Experience in contract review and compliance monitoring related to insurance.
- Proficiency in data analytics, reporting tools, and dashboard development (Excel, Power BI, Tableau preferred).
- Familiarity with captive insurance management is a plus.
- Excellent communication and collaboration skills, working with global teams across time zones.
- Bachelor's degree in Risk Management, Finance, Business, or related field; professional certifications (e.g., CPCU, ARM) are a plus.
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