Insurance Specialist
Gowan Company · Greater Yuma, AZ Area · 2 wk ago
OTHRFull-time
Risk Management
Research, evaluate, and make recommendations on trends in risk management and loss control strategies to minimize potential risks.
Insurance Renewal Process
- Collect underwriting information across the company's portfolio
- Manage contract reviews
- Negotiate terms and premiums
- Handle broker communications during the annual renewal process
Financial Analysis & Reporting
- Aid in preparing budgets, forecasts, and financial reports
- Analyze insurance premiums
- Evaluate the financial performance of insurance programs and captives
- Determine premium allocations
Claims Management
- Oversee claims management
- Coordinate with third-party administrators
- Communicate with insurers and operational groups
- Facilitate claim review meetings
- Analyze claim reserves
Vendor & Broker Relations
- Maintain strong relationships with insurers, brokers, and program administrators
- Manage services provided by these partners
- Ensure all aspects of the insurance program run smoothly
Data Analysis & Reporting
- Analyze loss data
- Prepare management reports
- Identify loss data trends
- Implement risk mitigation strategies as needed
Insurance Certificates & Documentation
- Collaborate with brokers to issue insurance certificates, Auto ID cards, and other necessary insurance documents
- Manage day-to-day interactions related to insurance needs
Contract Support
- Assist in the review of contracts to ensure risk-related provisions comply with insurance policies
- Assure competitiveness in the marketplace