Insurance & Risk Specialist

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

📋 Description

• Deliver comprehensive insurance and risk management support across the enterprise as a member of the Law Department.

• Aid in the administration of insurance programs and the upkeep of risk management procedures.

• Collaborate with insurance brokers, carriers, and external vendors.

• Draft, evaluate, and modify Hold Harmless Agreements.

• Compile necessary insurance documentation to facilitate blood drives.

• Assess contract insurance requirements alongside NYBC attorneys.

• Complete and file insurance applications.

• Ensure the timely renewal of insurance policies.

• Assist with insurance audits and respond to auditor queries.

• Relay updates, changes, and requirements related to insurance.

• Oversee the processing of claim payments.

• Manage the organization’s insurance SharePoint site and associated documents.

• Submit insurance notifications and aid in claim management alongside adjusters, Legal, and business units.

• Monitor deadlines for deliverables and liaise with business partners and internal clients.

• Develop, analyze, interpret, and present insurance analytics and key performance indicators (KPIs).

• Contribute to enterprise-wide risk management processes, practices, and policies.

• Support risk assessment tools, workflows, and documentation.

• Identify areas for process enhancements in insurance workflows, claims handling, and risk reporting.

• Generate reports and summaries related to insurance.

• Engage in meetings and committees.

• Propose improvements to business unit processes and practices.

• Participate in special projects and undertake related duties as assigned.

⛳️ Requirements

• Bachelor's degree in Business, Finance, or a similar field.

• A minimum of 5 years of experience in insurance coordination, claims management, risk management, or related positions.

• Proven experience in supporting insurance policy administration, including applications, renewals, audits, and document management.

• Proficient in gathering, organizing, and analyzing data; experience in creating dashboards, reports, or KPIs is preferred.

• Familiarity with developing or assisting in organizational policies, procedures, or risk mitigation strategies.

• Experience in supporting risk management initiatives, including identifying exposures, documenting risks, or assisting with mitigation strategies.

• Proficient in Microsoft Office Suite.

• Familiarity with document management and insurance database software.

• Strong communication skills to engage effectively with diverse individuals and groups in a culturally sensitive manner.

• Excellent interpersonal, organizational, and attention-to-detail skills.

• Ability to maintain confidentiality and manage accurate paper and electronic records.

• Capable of working independently with minimal supervision.

• Able to thrive in a fast-paced environment and manage multiple competing tasks.

• Skilled in identifying complex problems, evaluating options, and implementing effective solutions.

• Ability to establish relationships with stakeholders and organizations.

• Any combination of education, training, and experience that meets the above requirements.

🏝️ Benefits

• Comprehensive benefits package.

• Opportunity for remote work three days a week.

• Travel as necessary for special projects.