Corporate Insurance Manager manages an organization's overall insurance programs. Analyzes insurance needs by identifying risk exposures and analyzing and classifying risks to provide optimum coverage, costs and claim settlements. Being an Corporate Insurance Manager conducts regular policy reviews, research and compile loss trends, review actuarial estimations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Additionally, Corporate Insurance Manager coordinates policy renewals and applications. May administer self- insured plans. Requires a bachelor's degree. Typically reports to a director. The Corporate Insurance Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Corporate Insurance Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
OVERVIEW: The Corporate Insurance Risk Manager is responsible for supporting the company’s risk management team with the daily administration and annual renewal of the insurance programs for designated entities of the Company; assisting business unit staff with insurance issues relating to contracts and insurance coverages; and working with key internal and external stakeholders on insurance procurement and compliance.
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