Corporate Insurance Specialist

Job not on LinkedIn

🔥 0 minutes ago

🗽 New York – Remote

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💵 $110.1k - $148.9k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🔒 Insurance

👻 Ghost score 1%

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Logo of Arch Capital Group Ltd.

Arch Capital Group Ltd.

5001 - 10000 employees

Founded 2001

💼 Consulting

📦 Logistics

🛡️ Insurance

Consulting • Logistics • Insurance

Arch Capital Group Ltd. is a global leader in providing specialty insurance, reinsurance, and mortgage insurance solutions. Arch offers risk management and risk financing services across a range of industries and operates through distinct businesses in North America, Europe, and Australia. The company is known for its innovative approach to risk, utilizing cutting-edge analysis to target and price risks effectively. Arch Capital Group's portfolio and operations reflect their commitment to sustainability and governance while continually seeking new market opportunities. Additionally, Arch Capital is recognized for its financial strength and increasing shareholder value through strategic growth and investments.

📋 Description

• Support the management of Arch's global corporate insurance program, including placement, administration, governance, renewal, and documentation of worldwide insurance coverages • Coordinate annual insurance renewals, underwriting submissions, exposure data collection, broker deliverables, and policy maintenance • Support administration of management liability, cyber, fiduciary, financial institutions bond, property, casualty, and other insurance programs • Assist with multinational insurance programs, including local admitted policies and standalone subsidiary placements • Partner with Risk Management, Legal, Finance, business units, subsidiaries, brokers, and insurers • Evaluate insurance implications of corporate changes, mergers and acquisitions, transactions, new entities, branches, and other developments • Coordinate with brokers and subject matter experts on coverage, placement, and insurance-related inquiries • Maintain policy repositories, renewal calendars, broker contacts, and insurance records • Coordinate claims submissions, communications, and claim-status monitoring through resolution • Own the Certificates of Insurance process • Manage insurance invoicing and payment coordination • Maintain the Global Insurance Manual and insurance process documentation • Develop and enhance controls supporting policy administration, claims tracking, renewals, local insurance purchases, invoicing, and document management • Maintain the Global entity management system with support of the Legal team

🎯 Requirements

• Bachelor's degree or equivalent experience • 5+ years of experience in an insurance brokerage, corporate risk management department, or similar insurance-related environment • Working knowledge of commercial insurance coverages, including management liability, cyber, professional liability, property, and casualty insurance • Strong organizational, analytical, project management, written, and verbal communication skills • Experience supporting insurance programs within a multinational organization (desired) • Experience with public companies (desired) • ARM, CPCU, CRM, or similar professional designation, or progress toward obtaining one (desired)

🏖️ Benefits

• Multiple medical plans • Dental, vision and prescription drug coverage • Competitive 401k with generous matching • PTO beginning at 20 days per year • Up to 12 paid company holidays per year • 2 paid days of Volunteer Time Off • Basic Life and AD&D Insurance • Short and Long-Term Disability • Paid Parental Leave of up to 10 weeks • Student Loan Assistance • Tuition Reimbursement • Backup Child and Elder Care

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