Insurance Manager

Albertsons Companies • Boise, ID

4d

About The Position

The Manager of Insurance will be responsible for overseeing, implementing, and administering the insurance program for the company. This includes managing relationships with brokers, analyzing risk and developing strategies to mitigate risk, overseeing the insurance placement process, reviewing insurance provisions in contracts, managing insurance claims, and ensuring compliance with regulatory requirements. This position offers the chance to work in a fast-paced, dynamic environment that’s constantly evolving.

Requirements

• Bachelor’s degree required.
• 3 plus years of experience managing staff and processes including developing and implementing strategies to improve outcomes.
• Experience fostering a positive and trusting relationship with key vendors and internal resources.
• Proven ability to review and interpret complex information from multiple sources to make recommendations/decisions.
• Understanding of retail and distribution operations.
• Ability to analyze, interpret and synthesize company reports to discuss with brokers/insurers and to understand impact of decisions on Company financial results.
• Working knowledge of Microsoft Office Suite.
• Excellent analytical and problem-solving skills.
• High degree of initiative. Must be a proactive self-starter while maintaining dependability and confidentiality.
• Strong communication and interpersonal skills, with the ability to build relationships with insurance providers and internal stakeholders.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Demonstrated ability to lead and manage a team of professionals.
• Excellent written and verbal communication skills including the ability to present complex ideas effectively to various levels of Corporate and Division Management.
• Strong planning, organizational and time management skills.
• Ability to develop training and meeting materials using multiple techniques.

Nice To Haves

• Insurance industry experience preferred but not required.

Responsibilities

• Manage relationships with brokers to negotiate favorable terms and ensure coverage meets business needs.
• Analyze risk exposure for the company and develop mitigation strategies, including making recommendations for improvement.
• Oversee the insurance placement process, including submission of exposure data, working with the broker on renewal/placement strategy, reviewing quotes and making recommendations to management on coverage.
• Review insurance requirements in vendor contracts to ensure company needs are met.
• Oversee the property and environmental claims process, ensuring timely and accurate reporting and resolution of claims.
• Ensure compliance with all regulatory requirements related to insurance, including self-insurance licensing and reporting requirements.
• Train and educate employees on insurance-related matters, including coverage, claims, and risk management.
• Manage and direct supervision of risk management analysts.
• Collaborate with other departments within the company, such as legal and finance, to ensure coordination and alignment on insurance-related matters.
• Stay up to date with industry trends and best practices in insurance and risk management.

Benefits

• Competitive wages paid weekly
• Access to up to 50% of your earned wages before payday, via our partnership with Stream
• Associate discounts
• Health and financial well-being benefits for eligible associates (Medical, Dental, 401k and more!)
• Time off (vacation, holidays, sick pay).
• Leaders invested in your training, career growth and development
• An inclusive work environment with talented colleagues who reflect the communities we serve

What This Job Offers

• Job Type: Full-time
• Career Level: Manager