Corporate Insurance Specialist

This is a fully remote position, open to applicants in New York.

📋 Description

• Assist in the management of Arch's worldwide corporate insurance program, which encompasses placement, administration, governance, renewal, and documentation of global insurance coverages.

• Oversee annual insurance renewals, underwriting submissions, exposure data aggregation, broker deliverables, and policy upkeep.

• Aid in the administration of management liability, cyber, fiduciary, financial institutions bond, property, casualty, and other insurance programs.

• Provide support for multinational insurance programs, including local admitted policies and standalone subsidiary placements.

• Collaborate with Risk Management, Legal, Finance, business units, subsidiaries, brokers, and insurers.

• Assess the insurance implications associated with corporate changes, mergers and acquisitions, transactions, new entities, branches, and other developments.

• Work alongside brokers and subject matter experts on coverage, placement, and insurance-related inquiries.

• Maintain policy repositories, renewal calendars, broker contacts, and insurance documentation.

• Facilitate claims submissions, communication, and monitoring of claim status until resolution.

• Manage the Certificates of Insurance process.

• Oversee insurance invoicing and payment coordination.

• Keep the Global Insurance Manual and insurance process documentation up to date.

• Create and improve controls that support policy administration, claims tracking, renewals, local insurance purchases, invoicing, and document management.

• Maintain the Global entity management system with assistance from the Legal team.

⛳️ Requirements

• A bachelor's degree or equivalent experience.

• At least 5 years of experience in an insurance brokerage, corporate risk management department, or a similar insurance-related setting.

• Proficient understanding of commercial insurance coverages, including management liability, cyber, professional liability, property, and casualty insurance.

• Excellent organizational, analytical, project management, written, and verbal communication skills.

• Experience supporting insurance programs within a multinational organization is preferred.

• Experience with public companies is an advantage.

• Possession of ARM, CPCU, CRM, or similar professional designation, or progress toward obtaining one is desired.

🏝️ Benefits

• A variety of medical plans.

• Coverage for dental, vision, and prescription drugs.

• Competitive 401k plan with generous matching contributions.

• Paid time off starting at 20 days annually.

• Up to 12 paid company holidays each year.

• 2 paid days designated for Volunteer Time Off.

• Basic Life and AD&D Insurance.

• Short and Long-Term Disability coverage.

• Paid Parental Leave for up to 10 weeks.

• Assistance with student loans.

• Tuition reimbursement opportunities.

• Backup Child and Elder Care services.