Onsite Corporate Insurance Specialist, VP

Posted 5 hours ago

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About the role

  • Corporate Insurance Specialist overseeing global insurance coverage and captive duties at State Street Corporation. Responsible for compliance, vendor relationships, and insurance claims management.

Responsibilities

  • 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

Job title

Corporate Insurance Specialist, VP

Job type

Experience level

Lead

Salary

$110,000 - $181,250 per year

Degree requirement

Bachelor's Degree

Location requirements

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