US Insurance Renewal Agent

Job Role:US Insurance Renewal Agent

Job Summary:

We are seeking a detailoriented and experienced Insurance Renewal and Agreements Manager to oversee and manage our US insurance renewal process and maintain insurance agreements. The ideal candidate will have a deep understanding of insurance policies excellent organizational skills and the ability to manage relationships with insurance providers and internal stakeholders.

Key Responsibilities:

1. Insurance Renewal Process:
   • Manage the annual insurance renewal process for all USbased policies including property liability workers' compensation and other relevant coverages.
   • Coordinate with insurance brokers and providers to gather renewal quotes negotiate terms and ensure competitive pricing.
   • Review and assess policy renewals for coverage adequacy compliance and alignment with organizational needs.
   • Prepare and present renewal recommendations and documentation to senior management.
2. Agreement Maintenance:
   • Maintain comprehensive records of all insurance agreements including policy details coverage limits and expiration dates.
   • Ensure timely updates and renewals of agreements managing expiration alerts and ensuring no lapses in coverage.
   • Monitor and track compliance with policy terms and conditions and address any discrepancies or issues with insurance providers.
3. Stakeholder Coordination:
   • Serve as the primary point of contact for all insurancerelated inquiries from internal departments and external partners.
   • Collaborate with legal and finance teams to ensure alignment of insurance policies with company strategies and regulatory requirements.
   • Provide guidance and support on insurance matters to internal stakeholders including risk management and claims handling.
4. Reporting and Analysis:
   • Prepare regular reports on insurance coverage renewal statuses and cost analysis for senior management.
   • Analyze insurance trends and market conditions to make informed recommendations for policy adjustments or changes.
5. Compliance and Documentation:
   • Ensure all insurance practices comply with federal state and industry regulations.
   • Maintain uptodate documentation and records related to insurance policies and agreements.

Qualifications:

• Bachelor’s degree in Business Administration Finance Risk Management or a related field.
• years of experience in insurance management or a related role with a focus on renewal processes and agreement maintenance.
• Strong knowledge of insurance policies coverage types and industry best practices.
• Proven experience in negotiating with insurance providers and managing complex agreements.
• Excellent organizational skills with the ability to handle multiple tasks and deadlines.
• Strong analytical skills and attention to detail.
• Exceptional communication and interpersonal skills with the ability to interact effectively with internal teams and external partners.
• Proficiency in Microsoft Office Suite (Word Excel PowerPoint) and insurance management software.

Preferred Qualifications:

• Professional certification such as Certified Insurance Counselor (CIC) or Chartered Property Casualty Underwriter (CPCU).
• Experience working in a corporate environment with multiple insurance policies.

Benefits:

• Competitive salary and performance bonuses
• Health dental and vision insurance
• 401(k) plan with company match
• Paid time off and holidays
• Professional development opportunities