Insurance Coordinator

MFA Incorporated; United States; On-site; USD 75,000 - 105,000; Full time

Job summary

MFA Incorporated is seeking a skilled insurance and finance professional to lead procurement of property/casualty coverage, manage claims processes, and perform related accounting tasks. The role supports MFA’s mission of serving farmers and ranchers with responsible risk management.

The ideal candidate has a BS in business and 3+ years in insurance, finance, or accounting, and can work cross-functionally with brokers, agronomy, and store operations.

Qualifications

• B.S. degree in business related studies or equivalent experience.
• 3 or more years in insurance, finance, or accounting fields preferred.

Responsibilities

• Direct the negotiation and procurement of all property/casualty insurance coverage.
• Coordinate and monitor all processes related to property/casualty claims activity, including payment of insurance claims and premiums.
• Prepare accounting allocations for insurance premiums and claims costs, and reconcile insurance-related GL accounts.
• Coordinate with MFA’s insurance broker to assist with policy renewal processes for all corporate property and casualty policies.
• Evaluate broker proposals to determine premiums, deductibles, and coverages for renewals.
• Provide reports and advice to upper management on insurance matters including financial, legal and accounting implications.
• Work with claims processors, broker, and MFA personnel to resolve claims timely.
• Coordinate with adjusters on processed claims.
• Assist agronomy department and store managers to resolve liability disputes with MFA farmers/customers promptly.
• Coordinate with accounts payable for timely payment of premiums and claims.

Skills

Insurance

Finance experience

Education

B.S. degree in business related studies

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. About Us: A career at MFA Incorporated is your opportunity to support farmers and ranchers in our communities. We focus on whole-farm solutions through continuous learning and a collaborative team spirit. At MFA, team members are empowered to be strong customer partners and forward-thinking stewards of the land.

Responsibilities

• This person will direct the negotiation and procurement of all property/casualty insurance coverage.
• To coordinate and monitor all processes related to property/casualty claims activity, including payment of insurance claims and premiums.
• Prepare accounting allocations for insurance premiums and claims costs, and reconcile insurance-related GL accounts.
• All duties should be performed in accordance with company policy.

What You’ll Do

• Coordinate with and provide information to MFA’s insurance broker to assist with the policy renewal process for all corporate property and casualty insurance policies.
• Evaluate proposals provided by broker from different insurance carriers to determine appropriate premiums, deductibles, and insurance coverages for renewals.
• Provide reports and advice to upper management on all insurance matters, including financial, legal and accounting ramifications related to policy renewals and claims settlements.
• Work with insurance claims processors, MFA broker, and MFA personnel to resolve all property and casualty claims in a timely manner.
• Coordinate with and provide information to insurance adjusters on claims processed by insurance companies.
• Work with agronomy department and store managers to help resolve liability disputes with MFA farmers/customers in a timely manner.
• Coordinate with accounts payable department for the timely payment of all insurance premiums and claims.

Benefits

• Medical, Dental, and Vision Insurance
• Health and Wellness Incentives
• Flexible Spending Accounts (FSA)
• Prescription Insurance
• 401k with Company Match
• Retirement Plan
• PTO on Day 1
• 9 Paid Holidays
• Employee Referral Program
• Employee Assistance Programs (EAP)
• Educational Assistance

Qualifications

• B.S. degree in business related studies or equivalent experience
• 3 or more years in insurance, finance, or accounting fields preferred