Director Insurance Job Description

Director Insurance Job Description

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Director insurance provides business knowledge of our aircraft and weapons products, product applications, systems and solutions (technical and business) for use by entire business development pursuit team.

Director Insurance Duties & Responsibilities

To write an effective director insurance job description, begin by listing detailed duties, responsibilities and expectations. We have included director insurance job description templates that you can modify and use.

Sample responsibilities for this position include:

Reinforce a client first culture, actively coach each team member in delivering a superior client experience
Supervise and support Financial Advisors and branch teams in regards to the firm's insurance business to ensure firm policies and industry regulations are adhered to
Advanced, comprehensive knowledge of the insurance industry, with extensive background in implementation of risk transfer and risk financing programs, experience with development of risk engineering programs, analysis of business interruption exposures, and assessment of corporate property valuations
Accountable for the development and maintenance of key analytics and contract inventory management
Collaborates with business and Procurement partners in driving cost efficiencies (reductions and avoidance) and protective contractual wording
Sponsors and leads work in conjunction with various key partners/relationships to ensure smooth transition of transformational/ change initiatives from project scoping to rollout/implementation
Seeks opportunities to support the expansion and leveraging of common functions within Supplier Relationship Management CoE and other enterprise partner/support teams
Accountable for department budgets and expenses ensuring they are tracked and reported accurately and cost management guidelines are maintained to achieve business plan goals
Effectively optimize workforce efficiency to ensure workforce support level is maintained
Effectively leads and motivates a team of 6+ direct reports who provide day to day guidance to business re supplier framework, due diligence, on-boarding and off-boarding, contract renewals and/or changes

Director Insurance Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Director Insurance

List any licenses or certifications required by the position: CLU, EKG, FALU, FLMI, CPCU, ARM, ISO, FRM, MBA, ARC

Education for Director Insurance

Typically a job would require a certain level of education.

Employers hiring for the director insurance job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Management, Finance, Education, MBA, Accounting, Business/Administration, Economics, Marketing, Law

Skills for Director Insurance

Desired skills for director insurance include:

Client
Our contacts
Products and services
Capabilities
Best use
Business applications and automation
Business processes
Equaterra
Insurance industry
Regulations

Desired experience for director insurance includes:

Taking responsibility for the overall quality of reports
Work with CCO to help formulate, and support the communication and implementation of the strategic vision for compliance in support of the RVSL's priorities and various business initiatives
Help drive consensus for firm-wide compliance initiatives within team and with RVSL business partners and leaders
Lead and develop team to ensure proper RVSL, RVSLNY (and RiverSource Distributors (RSD)) compliance support and that RVSL achieves business objectives while mitigating regulatory risk(s)
Identify and monitor trends in the regulatory environments effecting RVSL and advise the business on potential impacts on the organization
Develop and monitor the documentation and implementation of efficient oversight procedures including training, internal/external communication and ongoing revisions for existing and new products and service

Director Insurance Examples

1

Director Insurance Job Description

Job Description Example
Our growing company is looking to fill the role of director insurance. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for director insurance
  • Lead team of Compliance professionals, providing coaching, mentoring and performance management for direct reports
  • Lead the implementation and operation of certain compliance technology systems, including new law reporting, that effectively support the needs of the business to drive results
  • Work with compliance colleagues across the firm to ensure effective communication and alignment on global issues, risks and trends that may impact both the manufacturer and affiliate entities, including the captive Broker Dealer
  • Be seen as a thought leader around insurance issues in the cultural sector
  • Travel as necessary for the position
  • Assuming the lead role in AFR for analyzing and understanding the financial statements of the companys Life insurance companies, including their economic reserves, reserve methodology and financing transactions
  • The associate will liaise with Life Finance and Corporate Actuarial areas and also Treasurers
  • Communicate training related initiatives to those individuals impacted
  • Review and analyze current and proposed insurance policy projections on a daily basis to determine replacement appropriateness
  • Review and take appropriate action with insurance trend activity on an ongoing basis and respond to communication wires, e-mails, and phone calls in a quality and timely manner to partner with the branch teams
Qualifications for director insurance
  • Successful career in Fortune 1000 companies well known regarding this functional area preferred
  • Skilled presenter (both written and spoken)
  • Bachelor/Master’s degree in Business / equivalent
  • Solid understanding of technology landscape (current and emerging) including Digital and CRM applications
  • Insurance knowledge a benefit
  • Strategy or consulting experience
2

Director Insurance Job Description

Job Description Example
Our company is looking to fill the role of director insurance. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for director insurance
  • Insurance and loss/risk prevention management including local insurance placements
  • Creates, negotiates, and implements best strategy for collection and tracking of Group properties and their insured values (more than 8 billion EURO), property risk engineering and loss control activities
  • Negotiate with our global insurance broker the process of the annual collection of all retail, warehouse, administrative, and other site listings for all brands and the collection of insured values of those sites (impact on overall pricing of our global insurance program is significantly, as insured values and location in highly exposed natural hazard zones of key indicators for premium calculations)
  • Develop and promote relationships with regional stakeholders, global broker, and regional brokers to ensure accurate and cohesive value data collections
  • Analyze, determine, and designate the most exposed sites which are crucial for the group’s success to be inspected with insurer, set priorities, and guide internal and external resources during visits globally
  • Oversight of insurer’s generated reports and timely distribution of same to identified stakeholders, and ensure proper stakeholder response to all documented, requisite improvements
  • Steer internal stakeholders towards fulfillment of suggested risk improvements at inspected sites
  • Create and disseminate updated adidas Global Warehouse Standards
  • Lead negotiations with claimants and lawyers to minimize the potential loss to the group
  • Create and implement best practices for consistent and efficient handling of claims worldwide
Qualifications for director insurance
  • Understanding of business plan(s) for supported business(es)
  • Working knowledge of PMF
  • Knowledge of change management tools and techniques
  • Excellent failitation, communication and presentation skills
  • Superior stakeholdering and relationship building skills
  • Background in sales and operations
3

Director Insurance Job Description

Job Description Example
Our growing company is hiring for a director insurance. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for director insurance
  • Negotiate best in class program terms with brand contacts, consultants and insurer
  • Develop unique insurance wordings in conjunction with data from fronting insurer, and ensure execution of necessary documents by brand contacts and insurer
  • Oversee 3rd party consultant tracking of claims activity
  • Oversee and ensure proper flow of funds between all external and internal parties
  • Negotiate and procure sports related contingency insurances as needed
  • Drive annual renewals and policy placements, currently in excess of $500K premium
  • Manage insurance broker activities for program implementation, and provide expertise to brand contacts
  • Implement, manage, and administer global and local lines with all brands in Region Americas (premium volume xs 5.5 Mill USD)
  • Implement and manage broker activities for placements, to ensure they meet the needs of the group
  • Manage the activities of over 300 claims per year with expenses/losses totaling in excess of $3M
Qualifications for director insurance
  • Receive and/or maintain a New York State property and casualty insurance broker’s license
  • Exposure to various other actuarial practice areas, like pricing or ALM, and multiple lines of business/products
  • Exposure to reinsurance transactions and reinsurance accounting
  • Highly motivated, conceptual thinker who is able to collaborate in a team environment or work independently and take a leadership role in a wide variety of assignments
  • Approximately 7 to 10 years of experience, with a track record of professional success in the insurance/financial services sector
  • Bachelor's degree in Finance, Economics or equivalent
4

Director Insurance Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of director insurance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for director insurance
  • Identify and analyze risk exposures in the region, and develop and implement appropriate loss control strategies for identified risk exposures
  • Analyze claims pattern and strategize efficient prevention measures for the future
  • Chair and conduct product warnings committee meetings (including outside counsels) to develop appropriate and consistent product warnings
  • Represent the Group in ASTM committees as designated corporate voting member
  • Work with CCO to help formulate and support the communication and implementation of the strategic vision for compliance in support of AAH's priorities and various business initiatives
  • Drive revenue through sales to new and existing clients
  • Ensure consistent execution of product lifecycle processes from concept to launch
  • Develop and implement a company-wide go-to-market plan for the product line, working with all departments to execute
  • Maintain an awareness of the competition and other market forces affecting the products, through effective networking and mainstream research
  • Perform preliminary pricing and feasibility study of innovative products in new markets
Qualifications for director insurance
  • MBA and FRM certification preferred
  • 10 -12 years' experience with at least 5 years in a senior position in governance and risk management environment in a similar organization
  • Nine or more years experience in a supervisory or management capacity
  • Experience working with industry in sales or business development role
  • Experience working with country specific laws and issues as it pertains to industry
  • Experience working with contract interpretation, negotiations and project management
5

Director Insurance Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of director insurance. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for director insurance
  • Act as the subject matter experts within PII for global wide emerging new regulation regimes such as IFRS 4 Phase 2, Solvency II, IAIS, and US Fed regulation
  • Support international operations in managing the development of actuarial models and analytical tools for the implementation and reporting of new regulatory regimes
  • Collaborate and communicate regularly with other teams such as Pricing, Assumption, Corporate Actuarial, Finance, Portfolio Management, and ERM for IFRS and Solvency II related initiatives
  • Lead work streams and drive all projects to a successful completion
  • Serve as PII leader for the enterprise Risk Adjusted Capital and liquidity framework process, working with Korea, Taiwan, and other international operations
  • Support international operations in the building of actuarial models and analytical tools for the implementation and reporting of new regulatory regimes, for example Solvency II and IFRS
  • Develop actuarial models for new initiatives and new regulatory requirements including valuation and forecasting models
  • Provide timely, accurate and insightful analysis to model results
  • Work and communicate regularly with other teams such as Valuation, Pricing, Assumption, Corporate Actuarial, ERM, and international operations
  • Supervise one or two actuarial associates
Qualifications for director insurance
  • Experience working in compliance role or equivalent (such as legal) supporting various functions within a complex multi-state financial institution/ insurance company
  • Working knowledge of key business concepts and levers, such as Marketing, Product Development, Risk Management, Lean Six Sigma, Business Process Outsourcing & Technology enablers
  • Strong leadership skills with a strong customer-service orientation
  • Strong communication skills to interact with clients and employees of all levels globally and to communicate complex technical information in an understandable manner
  • Strong skills in strategic and quantitative analysis and project management to identify key value drivers and quickly model complex issues
  • Strong financial, quantitative and qualitative skills to monitor and or change direction to meet financial goals

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