Director Insurance

Norwegian Cruise Line Holdings Ltd.•Miami, FL

About The Position

The Insurance Director role is responsible for the oversight and leadership of companywide marine, financial lines, and property/casualty insurance programs. The role will provide risk management expertise and guidance in achieving compliant and efficient insurance programs and ensures relevant risks are adequately covered by way of insurance or other risk management techniques.

Requirements

Bachelor's Degree in Business Administration, Risk Management and Insurance, Finance, Accounting, or other suitable field of study; or any equivalent combination of education and relevant work experience
At least 7 years’ experience with a solid background in marine insurance as well as property and casualty insurance.
Work experience coordinating with underwriters and managing claims is required.
Extensive knowledge and comprehension of business insurance lines (including P&I, Hull & Machinery, general liability, professional liability, D&O, EPL, excess liability, auto, workers compensation and property), insurance policy forms and wording, insurance market dynamics, and conditions is required.
Demonstrate ability to think strategically and execute value-added solutions.
Must have strong analytical, interpersonal, and communication skills with the ability to effectively present to all levels of management and external audiences including brokerage and insurance market partners.
Demonstrate a sense of urgency and ownership to drive projects to completion.
Dedicated to meeting the expectations and requirements of internal and external customers/stakeholders and establishing and maintaining effective relationships with customers/stakeholders by gaining their trust and respect.
Organized and solid project management skills with the capability to manage contending priorities.

Nice To Haves

Insurance industry experience is preferred.
Licensed insurance agent (220 or equivalent)
Insurance designation/certification (ARM, CPCU, CIC)

Responsibilities

Recommend appropriate levels of coverage and retention based on cost of insurance, financial risk, management’s risk appetite, broker recommendations, and benchmarking.
Collect and organize data for insurance program submissions and spearhead insurance program renewals.
Partner with internal partners to prepare comprehensive presentation materials in support of underwriter renewal meeting activities.
Develop and maintain strong relationships with insurance brokerage partners and major insurance companies, to ensure the efficiency of insurance program administration functions including claim reporting, policy issuance, and certificate of insurance requests.
Negotiate with insurers for the most cost-effective options for appropriate limit, retention, and premium.
Monitor and resolve outstanding claims.
Prepare and manage the insurance buget and forecast, including cost allocations.
Remain current with insurance marketplace trends and developments to ensure awareness of available coverages, changes in insurance law, and major legal decisions.
Respond to all insurance related requests and queries from internal and external parties as they arise.
Perform other duties as they arise.