Insurance Manager

Essential Duties And Responsibilities

• Coordinate and collect required data for insurance policy
• Manage the annual insurance renewal process, including evaluation of broker recommendations and coordination of presentations to EDENS management
• Review insurance policies issued by the broker to confirm accuracy, coverage, and process and approve insurance invoices
• Coverage, and coordinate premium allocation with broker and internal accounting department
• Oversee the verification and processing of Certificates of Insurance at Request Certificates of Insurance from broker and third parties as needed throughout the year
• Serve as the primary point of contact for incident reporting and insurance
• Provide timely notification of claims, summonses, and complaints to insurance
• Partner with EDENS Legal team and Defense Counsel on claims in litigation thru settlement
• Manage all claim-related activities through final settlement, ensuring efficient handling and accurate documentation
• Partner with the insurance broker to prepare quarterly claims and loss analyses for EDENS management
• Review contracts upon request, including those related to construction, leasing, and legal matters, in coordination with General Counsel and other departments
• Coordinate calculation of premium with Captive
• Manage claim documentation, payment with captive
• Review captive manager invoices and coordinate payment
• Coordinate year-end captive activities with the actuary, auditor, and captive
• Prepare dividend analyses and provide recommendations as appropriate
• Respond to auditor requests, including claims samples, bank statements, payment documentation, and process narratives
• Review actuarial analyses and audited financials and present findings to company
• Oversee preparation and timely payment of captive tax returns

Requirements

• Bachelor’s degree in Risk Management, Insurance, Business Administration, or related field (or equivalent experience)
• Minimum 5-7 years of experience in insurance, risk management or related discipline
• Captive insurance experience preferred
• Strong knowledge of commercial insurance programs, claims management, and risk
• Experience working with insurance brokers, carriers, attorneys, auditors
• High attention to detail and strong organizational ability
• Ability to work independently and manage multiple priorities
• Strong written and verbal communication skills
• Available for occasional travel