Corporate Insurance Specialist, VP
State Street
full-time
Posted on:
Location Type: Office
Location: Boston • Connecticut • Massachusetts • United States
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Salary
💰 $110,000 - $181,250 per year
Job Level
About the role
- Design, secure and monitor a global insurance program encompassing all lines of insurance coverage
- Insurance Captive supervision and related third-party vendor management responsibilities
- Ensure global compliance with all regulatory and insurance requirements
- Effectively negotiate insurance terms and conditions and review insurance policies and endorsements for accuracy
- Serve as an insurance expert for contracting, including client and third-party vendor contracts, RFP and Due Diligence questionnaires
- Manage and grow insurance brokerage and carrier relationships
- Manage the internal network of global colleagues in order to execute insurance needs
- Manage the certificate of insurance process for all global business functions
- Facilitate the reporting and management of insurance claims, while acting as the liaison between State Street, the insurance community and outside counsel
- Monitor the insurance program expenses in compliance with budget strategies
- Assist with various insurance risk management initiatives or projects as necessary
Requirements
- 7 plus years of relevant global insurance/risk management experience required
- Expertise in Professional and Management Liability and Property and Casualty insurance
- Experience with insurance Captives and the reinsurance market
- High degree of attention to detail
- Strong multitasking skills while delivering high standards of quality
- Excellent written and verbal communication skills, including the ability to work across all levels of management
- Proven team-building and collaborative skills
- Bachelor’s degree
Benefits
- Generous medical care
- Insurance and savings plans
- Flexible Work Programs
- Development programs
- Educational support
- Paid volunteer days
- Matching gift programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
global insurance program designinsurance captive supervisioninsurance policy reviewinsurance terms negotiationinsurance claims managementrisk management initiativesreinsurance market experienceProfessional Liability insuranceManagement Liability insuranceProperty and Casualty insurance
Soft Skills
attention to detailmultitaskingwritten communicationverbal communicationteam-buildingcollaborationnegotiationrelationship managementorganizational skillsliaison skills