Senior Director of Programs
Positively Partners
Lead Insurance Risk Analyst
Flagstar Bank
full-time
Posted on:
Origin: • 🇺🇸 United States • New York
Visit company websiteSalary
💰 $103,020 - $127,866 per year
Job Level
Senior
About the role
- The Lead Insurance Risk Analyst works under minimal supervision and with appreciable latitude for actions and decisions, assists in connection ensuring that the Company maintains an effective Corporate Insurance Program which includes the types of insurance coverages that typically would be included in an insurance program for a company with a similar risk profile to the Company. Among other things, this lead is responsible for policy and claims administration tasks relating to the Company\u2019s Property and Casualty (including Workers Compensation) Insurance Program, including (a) tracking the Company\u2019s insurance policies to ensure they do not lapse; and (b) reporting, investigating and tracking claims made under such policies. This lead is also responsible for responding to requests seeking information regarding the Company\u2019s Corporate Insurance Program, including requests from regulators, other departments, landlords and others, as well as managing the issuance of Certificates of Insurance (COI) at renewal and midterm. Finally, this lead is responsible for administrative/ministerial tasks, such as ensuring that all premium invoices are timely paid and logged, responding to governance and related administrative requests (e.g. Archer ERM submissions, BCP submissions, Operational Risk Reporting, Record Retention Questions) as well as miscellaneous filing, including, without limitation, reporting and tracking claims made under the Company\u2019s Employment Practices Liability Insurance Policy and tracking renewals of the bonds in the Company\u2019s Surety Bond program.
Requirements
- Education level required: Undergraduate Degree (4 years or equivalent) in business, law, finance, or related
- Minimum experience required: 6+ Years of experience working with corporate insurance
- Preferred Qualifications: (CRM) Certified Risk Manager and/or (CPCU) Chartered Property Casualty Underwriter or Paralegal designations preferred. Experience working at a financial institution
- Job Competencies: Strong knowledge of insurance products. Excellent knowledge of claims administration. Detail oriented. MS Excel; MS Word; SharePoint. Excellent oral and written communication skills. Strong analytical and problem-solving skills. Strong organizational skills. Ability to independently manage multiple projects simultaneously from inception through implementation while meeting established deadlines. Excellent interpersonal skills and proven ability to deal with all levels of staff and management.
