Insurance Specialist Il

This role is responsible for reviewing and maintaining insurance records, monitoring coverage requirements, and coordinating with internal departments, insurance carriers, brokers, customers, and other parties as needed. Coordinate with internal teams, insurance carriers, brokers, customers, and vendors regarding insurance-related matters.

Title: Insurance Specialist
Type: 6-month contract
Location: Madison Avenue, New York City, NY
Schedule: Onsite
Pay: $28-$34/hour

We are seeking an Insurance Specialist to support insurance administration, documentation, compliance, and risk-related activities. This role is responsible for reviewing and maintaining insurance records, monitoring coverage requirements, and coordinating with internal departments, insurance carriers, brokers, customers, and other parties as needed.

Responsibilities:

• Review and maintain insurance policies, certificates of insurance, and related documentation
• Monitor policy effective dates, expiration dates, renewals, and required coverage
• Verify insurance documentation for accuracy, completeness, and compliance with established requirements
• Coordinate with internal teams, insurance carriers, brokers, customers, and vendors regarding insurance-related matters
• Track outstanding insurance documents and follow up on missing or expired coverage
• Assist with policy renewals, endorsements, certificates, and other insurance-related requests
• Maintain accurate insurance records within internal systems and tracking tools
• Review insurance requirements associated with loans, collateral, properties, vendors, or other financial relationships
• Assist with insurance compliance reviews and documentation audits
• Support insurance-related reporting and reconciliation activities
• Respond to internal and external inquiries regarding insurance requirements and documentation
• Escalate coverage gaps, documentation issues, or exceptions when necessary

Requirements:

• Previous experience in insurance, banking, financial services, risk management, compliance, or a related field
• Knowledge of insurance policies, certificates of insurance, coverage requirements, and common insurance terminology
• Experience reviewing insurance documentation in a banking or lending environment preferred
• Strong attention to detail and organizational skills
• Ability to manage multiple priorities and deadlines
• Strong written and verbal communication skills
• Proficiency with Microsoft Excel, Word, Outlook, and related business systems
• Ability to maintain accurate records and handle confidential information
• Ability to work independently and collaborate with internal and external stakeholders

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