Director of Public Entity Insurance Administration

Arrowhead Programs; Parsippany-Troy Hills (NJ); On-site; USD 150,000 - 180,000; Full time

Job summary

Brown & Brown in Parsippany, NJ seeks a Director of Public Entity Insurance Administration to lead the servicing and placement of public entity accounts, working with the profit center and staff to ensure regulatory compliance and optimal solutions. The role requires a minimum five years in public entity insurance or related P&C experience, strong MS Office skills, and a NJ Property & Casualty license.

A Bachelor’s degree is preferred.

Qualifications

• Minimum five years of public entity insurance experience or equivalent property and casualty experience.
• Proficient with MS Office Suite.
• Exceptional customer relation skills.
• Bachelor’s Degree preferred.

Responsibilities

• Develop understanding of regulations governing joint insurance funds in New Jersey.
• Identify markets and alternative risk mechanisms for public entity placement.
• Incorporate procedures for alternative risk placements in servicing of new and existing business.
• Identify risk exposures and applicable coverages for public entity insurance.
• Prepare marketing and underwriting data and condense into Excel worksheets for carriers.
• Review quotations, policies, endorsements and audits for accuracy.
• Meet reporting time frames as required by state regulations.

Skills

MS Office Suite

Customer relations

Education

Bachelor’s Degree (preferred)

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking a Director of Public Entity Insurance Administration to join our growing team in Parsippany, NJ!

To work jointly with the Profit Center Leader, division producers, claims administration and support staff in the placement and servicing of public entity accounts that are in a joint insurance fund administrated by the profit center.

How You Will Contribute:

• Develop a full understanding of the regulations governing joint insurance funds in the State of New Jersey.

• Identify all markets and other alternative risk mechanisms for the placement of public entity business.

• Understand and incorporate procedures that are required by alternative risk placements in the servicing of new and existing business.

• Be proficient in the knowledge of public entity insurance so to identify risk exposures and applicable coverages.

• Assist in the compilation and preparation of marketing and underwriting data and the ability to condense material into excel worksheets as required by carriers.

• Review quotations, policies, endorsements and audits for accuracy.

• Meet established time frames of reporting as required by the State regulations governing joint insurance funds.

• Assist in providing administrative services to the joint insurance fund in accordance with State regulations.

• Delegate to support staff specific assignments and monitor for thoroughness and completion within given timeframes.

• Assist support staff and producers with any service related matters.

• Attend meetings as required by the profit center manager.

Licenses & Certifications:

• Must have a current a valid NJ Property & Casualty insurance license.

• High School certificate.

Skills & Experience to be Successful:

• Minimum of five years of public entity insurance experience or equivalent property and casualty experience.

• Proficient with MS Office Suite

• Exceptional customer relation skills

• Bachelor’s Degree (preferred)

• Prior experience in a supervisory or management position.

Pay Range

$150,000.00 - $180,000.00 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health &Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.