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$110k–$149k/yr
Full-time
bachelor degree
Medical plans, Dental coverage, Vision coverage, Prescription drug coverage, 401k with matching, Paid time off
Posted 22d ago
~40 hrs/week
Remote in White Plains, New York, United States
Responsibilities
The specialist will manage global corporate insurance programs, including renewals, policy administration, and documentation. They will also coordinate with brokers, internal stakeholders, and insurers to ensure insurance structures align with corporate operations and legal requirements.
Requirements
Candidates must have a bachelor's degree and at least 5 years of experience in insurance brokerage or corporate risk management. Strong organizational, analytical, and communication skills are required, along with knowledge of various commercial insurance coverages.
Full job description
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.
Position Summary Support the management of Arch's global corporate insurance program, including the placement, administration, governance, renewal, and documentation of insurance coverages worldwide to ensure insurance programs remain aligned with Arch's evolving operations, legal entity structure, acquisitions, and international activities.
Responsibilities and Accountabilities Corporate Insurance Program Management
Coordinate annual insurance renewals, underwriting submissions, exposure data collection, broker deliverables, and policy maintenance.
Support the administration of Arch's corporate insurance programs, including management liability, cyber, fiduciary, financial intuitions bond, property, casualty, and other coverages.
Assist in the management of multinational insurance programs, including local admitted policies and standalone subsidiary placements.
Stakeholder and Broker Management
Partner with Risk Management, Legal, Finance, business units, subsidiaries, brokers, and insurers.
Evaluate the insurance implications of corporate changes, mergers and acquisitions, transactions, new entities, branches, and other developments, and implement necessary changes to insurance structures or coverage.
Coordinate with brokers and subject matter experts on coverage, placement, and insurance-related inquiries.
Insurance Operations
Maintain policy repositories, renewal calendars, broker contacts, and insurance records.
Coordinate the submission of claims to brokers, manage related communications with internal stakeholders, brokers, and insurers, and monitor claim status through resolution. Own the Certificates of Insurance (COI) process.
Manage insurance invoicing and payment coordination.
Governance
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 Legal team; work closely with Legal and other functions as needed for the role.
Required Skills and Abilities:
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.
Desired Skills and Abilities:
Experience supporting insurance programs within a multinational organization.
Experience with public companies.
ARM, CPCU, CRM, or similar professional designation, or progress toward obtaining one.
Other Information
Remote work arrangement may be considered.
Occasional travel may be required for broker meetings, training, and renewal planning activities.
For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.
For Greater NYC area: $110,058 - $148,902/year
Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.
Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.
Arch Insurance Group Inc., a division of Arch Capital Group Ltd. (ACGL), is a market-leading specialty insurer.
We provide a wide range of property, casualty and specialty insurance for corporations, professional firms and financial institutions across the United States and Canada.
Our insurance group in North America consists of Arch Insurance Company, Arch Specialty Insurance Company and Arch Excess & Surplus Insurance Company. Arch Insurance Group's executive offices are located in New York City, with regional offices located in New York City (Northeast Region), Atlanta (Southeast Region), Chicago (Central Region) and San Francisco (Western Region), as well as other offices throughout the U.S. to support our business. Arch Insurance Company also operates a branch office in Toronto, Canada.
ACGL is a Bermuda public limited liability company that provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.
Offices: 210 Hudson St, Jersey City, New Jersey, US