Insurance Program Manager
About The Position
The Pennsylvania State University seeks an Insurance Program Manager to design and administer the commercial property/casualty insurance and self-insurance programs of the University and Penn State Health. The Insurance Program Manager also assists the Penn State Health and University Risk Managers in risk identification, evaluation, and mitigation efforts. Primary position duties of the Insurance Program Manager include working with the University’s Chief Risk Officer as well as insurance brokers and insurers to identify specific exposures and insurance coverage needs, underwriting requirements, and program design (including utilizing the University’s captive insurance company when appropriate). This position also works closely with University leadership to identify risks and potential insurance and non-insurance risk avoidance and transfer solutions. The Insurance Program Manager will present risk management and insurance coverage interpretation and advise leadership as required; lead risk and insurance efforts during potential acquisitions; advocate for favorable insurance requirements in contract reviews; and ensure the insurance program coverages are aligned with contractual requirements.
Requirements
- Excellent written and verbal communication skills
- Strategic thinker; creative problem solver
- Effective communicator with various Penn State Health and University constituents
- Team player and collaborator; humble
- Emotional intelligence
- Strong work ethic; mission driven
- Excellent organization and time management skills
- Ability to manage competing priorities
- High regard for confidentiality
- Thorough working knowledge and experience with insurance policy forms, coverage and underwriting practices.
- Working knowledge of computer systems and software, including Microsoft Office
- Prior commercial insurance or risk management experience is required.
- Bachelor's Degree
- 6+ years of relevant experience; or an equivalent combination of education and experience accepted
Nice To Haves
- Insurance designation(s) such as CPCU, ARM, AU, etc. are preferred.
Responsibilities
- Design and administer the commercial property/casualty insurance and self-insurance programs of the University and Penn State Health.
- Assist the Penn State Health and University Risk Managers in risk identification, evaluation, and mitigation efforts.
- Work with the University’s Chief Risk Officer, insurance brokers, and insurers to identify specific exposures and insurance coverage needs, underwriting requirements, and program design.
- Utilize the University’s captive insurance company when appropriate.
- Work closely with University leadership to identify risks and potential insurance and non-insurance risk avoidance and transfer solutions.
- Present risk management and insurance coverage interpretation and advise leadership as required.
- Lead risk and insurance efforts during potential acquisitions.
- Advocate for favorable insurance requirements in contract reviews.
- Ensure the insurance program coverages are aligned with contractual requirements.
Benefits
- Comprehensive medical, dental, and vision coverage
- Robust retirement plans
- Substantial paid time off which includes holidays, vacation and sick time.
- 75% tuition discount, available to employees as well as eligible spouses and children.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
