Insurance Specialist

Turner Construction Company; New York (NY); On-site; USD 85,000 - 100,000; Full time

Job summary

Turner Construction Company is seeking an Insurance Renewal Specialist to manage annual renewals and coverage placements for a broad portfolio including GL, auto, WC, builders’ risk, and more. You will collaborate with brokers and carriers to collect data, analyze coverage needs, and present renewal recommendations.

The role requires ability to read contracts, strong analytical skills, and project management capabilities.

Qualifications

• Bachelor’s degree in Insurance, Risk Management, Finance, Business Administration, or related field with 4+ years in insurance/risk management.
• CPCU/ARM or similar designation preferred.
• Ability to read and understand contracts and insurance documents.
• Analytical with data to drive renewal recommendations and actions.
• Self-starter with strong project management and multitasking ability.
• Proven teamwork and interpersonal skills across organizational levels.
• Excellent written and verbal communication; capable of explaining technical topics.
• Proficient in MS Office and insurance-related information systems.
• Ability to travel domestically.

Responsibilities

• Renewals and coverage placements for multiple lines with brokers and carriers.
• Collect renewal content and draft communications for clients and partners.
• Gather/analyze data for renewal programs; present coverage needs and recommendations.
• Review initial quotes, follow up for missing items, and support negotiations.
• Attend renewal meetings and assist with broker/carrier negotiations.
• Review binding documents for accuracy and compliance with requirements.
• Escalate changes to program, coverage, or financial structure as needed.
• Maintain policy documentation and coordinate with brokers/carriers in risk mgmt system.
• Build relationships with brokers and carriers; contribute to training materials.

Skills

Insurance knowledge

Contract literacy

Analytical skills

Project management

Teamwork

Communication skills

MS Office

Risk management

Limited travel

Education

Bachelor’s degree in Insurance or Risk Management

CPCU / ARM designation (preferred)

Tools

Insurance risk systems

Microsoft Office Suite

Job description

Location:Position can be performed from any US company office location. This role requires domestic travel.

Position Description: Perform insurance program renewals and coverage placements related activities for company and external clients for various lines of coverage including but not limited to general liability, auto, workers’ compensation, builders’ risk, professional liability, pollution, cyber, crime, fiduciary, and Director &Officers liability insurance.

Essential Duties & Key Responsibilities

• Perform high volume of annual renewal and coverage placements related activities in conjunction with Brokers for company and external clients’ insurance programs including, but not limited to general liability, auto, builders’ risk, professional liability, pollution, cyber, crime, fiduciary, workers’ compensation, and Directors & Officers liability insurance.
• Collect and compile insurance program renewal submission content and draft key communications in support of client and insurance partner goals and needs.
• Gather and analyze financial and insurance data for renewals of annual insurance programs; develop coverage needs, present recommendations, and prepare renewal applications.
• Conduct reviews and analyses of initial insurance quotes and Broker/Insurance Carrier responses; follow up with broker for missing items as needed.
• Participate in renewal meetings, review Broker and Insurance Carrier quotes, and assist with negotiation process.
• Review and analyze all binding documents from Brokers and ensure accuracy and compliance with program requirements.
• Escalate change requests such as program requirements, changes in coverage, and changes in financial structure.
• Maintain policy documentation at each renewal and ensure accuracy to negotiated terms within risk management database and order corrections from Brokers and Insurance Carriers.
• Establish relationships and build partnerships with Brokers and Insurance Carriers.
  Contribute technical content for insurance programs training materials, in collaboration with Project Risk team.
  Assist with Insurance Cost Calculator (ICC) activities as needed.
  Other activities, duties, and responsibilities as assigned.

*The salary range for this position in NYC is estimated to be $85K - $100K.

*The salary range for this position in Boston is estimated to be $85K - $100K.

*The salary range for this position in Connecticut is estimated to be $85K -$100K.

*The salary range for this position in New Jersey is estimated to be $85K -$100K.

Actualcompensation packages within that range are based on a wide array of factorsunique to each candidate, including but not limited to skill set, years anddepth of experience, certifications, and specific location.

Qualifications

• Bachelor’s Degree from accredited program in Insurance, Risk Management, Finance, Business Administration, or related field of study, with minimum of 4 years of experience in insurance or risk management or claims with emphasis on construction; or equivalent combination of education, training, and experience
• Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), or similar insurance designation, preferred
• Ability to read and understand contracts and insurance documents
• Analytical and adept at processing and breaking down data into actionable information
• Self-starter with strong project management skills and capable of managing concurrent complex projects and tasks successfully to completion
• Demonstrate teamwork and interpersonal skills, able to engage and work with individuals across organizational levels
• Professional written and verbal communication skills, ability to communicate technical information to non-technical audiences
• Proficient computer skills, Microsoft Office suite of applications, collaborative tools, and insurance-based risk management information systems
• Limited travel

Physical Demands

Thephysical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Reasonable accommodation may be made to enable individuals with disabilities toperform the essential functions. While performing the duties of this job, theemployee is frequently required to sit, climb, balance, stoop, kneel, crouch,crawl, use hands to finger, handle or feel objects, tools, or controls, and reach with hands, talk, and hear. The employee frequently views a computermonitor and frequently uses a computer keyboard. Specific vision abilitiesrequired by this job include close vision, peripheral vision, depth perception,and the ability to adjust focus. The employee is regularly required to bemobile, and the employee regularly travels both short and long distances via avariety of conveyances. The employee must regularly lift and/or move up to 10pounds and occasionally lift and/or move up to 25 pounds.

Work Environment

Thework environment characteristics described here are representative of those anemployee encounters while performing the essential functions of this job.Reasonable accommodation may be made to enable individuals with disabilities toperform the essential functions. The employee regularly performs work on-siteat construction work sites, office locations, and/or off-site venues. Whileperforming the duties of this job, the employee regularly works in an office orremote setting. Thenoise in the work environment is usually quiet to moderate in an officesetting. While performingthe duties of this job, the employee occasionally works at construction worksites where the employee is exposed to moving mechanical parts, high precariousplaces, fumes, or airborne particles, outside weather conditions, and risk ofelectrical shock. The noise in the work environment is usually moderate toloud. The employee is required to work in compliance with company safetypolicies, procedures, and applicable laws.

Turner is an Equal Opportunity Employer —minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.

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Turner is an Equal Opportunity Employer - race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other characteristics protected by applicable law.