Corporate Insurance Manager

Blue Cross And Blue Shield Association Hingham , MA 02044

Posted 3 weeks ago

A Commercial Corporate Insurance Senior Manager is responsible for overseeing and managing the insurance needs of a company. This includes renewing existing coverages, developing and implementing insurance strategies, negotiating policies terms and conditions, assessing new initiatives for potential risks, and ensuring effective communication with brokers, also executing and verifying compliance with regulations. This individual will also prepare, complete, and submit required insurance renewal administration such as applications and questionnaires to carriers; manages renewals of all insurance lines. They will work closely with brokers and leadership, develop renewal strategies, prepare renewal summaries, document quote proposals, etc. Handle all aspects of insurance claims, responsible for follow-up with Legal, claim adjusters, etc., handles all aspects of insurance claims. Handles insurance requirements and revisions in vendor contracts. Handles all insurance related day-to-day questions and inquiries including completing PDS RFPs, internal and off-site events, lease/sublease, etc.

Your Day to Day

  • Informs and educates leadership about policy coverages, changes, exclusions, and insurance needs; manages renewals of insurance policies

  • identify and work with the organization to create practices and procedures that ensures risks are managed effectively from an insurance viewpoint; and advise on all insurance matters

  • Prepares, completes, and submit applications to carriers; develop summaries, proposals and provide technical support in coordination with Producer(s); and responsible for follow-up with carriers and clients; handle all aspects of insurance claims

  • Keep informed regarding insurance industry information, new product information, regulation, and coverages to continuously improve knowledge and performance and make recommendations to leadership.

  • Collaborate and partner with Senior Leadership to assist with leading and managing the company's Captive using a strategic approach.

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

We're Looking for:

  • 5-8 years of insurance experience

  • Health Insurance/ managed care industry experience preferred, project management and/or previous leadership experience a plus

What You Bring:

  • BA/BS Degree preferred or relevant work experience a plus

What You'll Gain:

  • Professional Development
  • Managing various aspects of corporate insurance provides continuous learning opportunities, enhancing skills in risk assessment, negotiation, and strategic planning. Leadership experience - having one direct report allows managers to develop strong leadership skills, fostering a collaborative and efficient work environment.
  • Industry Expertise - continuous exposure to different industries and their unique risks builds a deep understanding of diverse business environments, contributing to becoming an expert in the insurance field.

  • Strategic Thinking

  • Developing and implementing insurance strategies aligns with overall corporate strategies, promoting a holistic and strategic approach to business challenges.

#LI-Hybrid

Blue Cross Blue Shield of Massachusetts is an Equal Employment / Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law.

Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Blue Cross Blue Shield of Massachusetts's legal duty to furnish information.

Location

Hingham

Time Type

Full time

Weekly Hours

37.5

Grade of Position

J

Salary Range: $96,030.00 - $117,370.00

Number of Openings Available

1

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

WHY Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can prevent amazing candidates coming our way, so please don't hesitate to apply. We'd love to hear from you. You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA. The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant. We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page. If this sounds like something you'd like to be a part of, we'd love to hear from you. You can also join our Talent Community to stay "in the know" on all things Blue.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.


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