Vice President, Private Markets Insurance

BlackRock•New York, NY

7d•Hybrid

About The Position

We are recruiting for a Vice President of Insurance reporting to the Managing Director and head of insurance for BlackRock. This individual will be based in New York and support insurance activities at all our US-based fund portfolio companies.

Requirements

Bachelor’s degree required
5-10 years of insurance experience, preferably working within or supporting private equity or private infrastructure companies
Basic knowledge of insurance coverages
Exceptional verbal and written communication skills; must be able to articulately present complex technical concepts in a concise and understandable way to senior internal and external audiences
Ability to work in a fast-paced environment with multiple ongoing deliverables and tight deadlines
Strong organizational, analytical and problem-solving skills
Excellent collaboration and team building skills
Good judgment and impeccable ethics; desire to succeed in a demanding, innovative, entrepreneurial environment
Proficiency in Power Point, Excel, Word and using AI tools (e.g., Copilot, ChatGPT)

Responsibilities

Partner with portfolio companies on the following insurance activities: initiating and assisting in broker RFPs; connecting and leveraging insurance broker and insurer network; offering options for portfolio-wide insurance solutions; providing benchmarking and analytics; and securing optimal claims outcomes
Lead the administration of portfolio-wide insurance solutions
Coordinate insurance due diligence and representations and warranties insurance on portfolio company acquisitions and dispositions
Provide hands-on insurance support to investment and legal teams, including fielding technical questions and providing trends in insurance industry
Maintain relationships with key insurance broker and insurer partners
Develop and enhance insurance-related processes and procedures
Review and monitor insurance policy data in our centralized insurance reporting system
Review and provide guidance on insurance provisions in contracts
Provide administrative support on invoicing and cost allocations