Insurance Specialist (US)

Insurance Specialist

Location: Conshohocken, PA

Onsite Flexibility: Onsite

Contract Details

• Position Type: Contract
• Contract Duration: 7 months
• Pay Rate: $67.73 $80.24 / Hour (USD)
• Work Authorization: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Job Summary

The Insurance Specialist is responsible for implementation and compliance to the IGR on Insurance Non-Life. The Insurance Specialist works closely (matrix) with Group function Corporate Finance and Tax and local insurance broker on claims interests.

Key Responsibilities

• Manage and lead all insurance processes, procedures and yearly activities for the country in a timely and in an effective way, securing all relevant standards and rules are in place.
• Responsible for all local mandatory insurances to ensure compliance with local legislation.
• Provide advice on local insurance matters to relevant business leaders and stakeholders.
• Secure insurance optimization in the country, e.g. through avoidance of double insurance or buy-down of deductibles.
• Accountable for collection of insured values for reporting to insurers and make sure that the values are declared in time for premium calculation purposes per each renewal date.
• Secure Coordination of Risk engineering service (Blue, which monitors and supports compliance within the Ingka Group).
• Report accidental losses and document data necessary for filing of claims according to the claims handling procedures.
• Coordination of relevant policies with local insurance broker if agreed centrally.
• Inform Group Insurance on substantial changes in amounts insured and/or risk profile.
• Inform global insurance department on large and/or complicated claims.

Required Skills

• Good knowledge and technical understanding on corporate insurance set up.
• Basic knowledge of how to plan, organise and manage insurance costs and expenditures for a business or organisation.
• Basic knowledge of the invoice and control process for proof of purchase.
• Basic knowledge of policy agreements in which co-workers, property, assets or resources receives financial protection or reimbursement against losses or damages.
• Basic knowledge of how to build external networks and attempt actions to influence external parties.
• Understand the basics of: 1) contract provisions and legal doctrines; 2) claims management; create portfolios of and place insurance coverage; be knowledgeable of global insurance markets; pricing; risk aversion; regulation; and able to negotiate, write and renew insurance contracts.
• Good knowledge of the company Concept, Brand Identity and Culture & Values.
• Networking Knowledge about how to manage and optimise insurance relations and transactions.
• Good communication skills to be able to understand and explain complex matters to people with different backgrounds.
• Excellent analytical and numerical skills.
• Negotiating Explores alternatives to reach outcomes acceptable to all parties.
• Driving for results Accomplishes goals, completes tasks, and achieves results.
• Detail focus Performs work with care, accuracy, and attention to detail.
• Excellent communication skills and fluent in English.
• Experience with Microsoft programs.
• Significant California workers compensation claim management experience and the ability to learn and manage workers compensation claims in other states in accordance with company policies and procedures.

Education Requirements

• University degree in Business Administration, Economics, Law, or related area.

Required Experience

• 5 years of experience in the (international) insurance market; as a customer, a broker, or insurance company.
• Proven experience in negotiating and administering large complex claims.

Benefits

• Medical, Vision, and Dental Insurance Plans
• 401k Retirement Fund

Important Notes

• Candidate must have significant California workers compensation claim management experience and the ability to learn and manage workers compensation claims in other states in accordance with company policies and procedures.

About the Client

Leading home furnishing company offering affordable, high-quality products. Committed to sustainability and social responsibility. Values diversity and inclusion.

About GTT

GTT is a minority-owned staffing firm and a subsidiary of Chenega Corporation, a Native American-owned company in Alaska. We highly value diverse and inclusive workplaces and support Fortune 500 organizations across banking, financial services, technology, life sciences, biotech, utilities, and retail sectors throughout the U.S. and Canada.

Job Number: 26-07569

#LI-GTT #LI-Onsite