Insurance Program Manager

Penn State University • New York, NY

2d • Remote

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. The successful candidate for this position will serve as a risk management and insurance knowledge expert and must demonstrate knowledge of broad concepts, policies and procedures related to such. They must possess: 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. Insurance designation(s) such as CPCU, ARM, AU, etc. are preferred. This position offers a remote work arrangement which will require minimal travel to the Penn State or Penn State Health campuses. Questions related to work arrangements should be directed to the hiring manager during the interview process.

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.

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 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)
• 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

• Penn State provides a competitive benefits package for full-time employees designed to support both personal and professional well-being. In addition to comprehensive medical, dental, and vision coverage, employees enjoy robust retirement plans and substantial paid time off which includes holidays, vacation and sick time. One of the standout benefits is the generous 75% tuition discount, available to employees as well as eligible spouses and children.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees