What are the responsibilities and job description for the Insurance Manager position at Alvarez & Marsal?
Description
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
The Team
Alvarez & Marsal (A&M), a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and advisory services, is seeking an Insurance Manager.
How You Will Contribute
This is a full-time position reporting to the Director in charge of insured risk management. This person will be based out of the Tampa Office and can work remotely at times but should maintain in-office visibility as well.
Responsibilities:
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs
The salary range is $80,000 - $120,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
About Alvarez & Marsal
Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.
The Team
Alvarez & Marsal (A&M), a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and advisory services, is seeking an Insurance Manager.
How You Will Contribute
This is a full-time position reporting to the Director in charge of insured risk management. This person will be based out of the Tampa Office and can work remotely at times but should maintain in-office visibility as well.
Responsibilities:
- Insurance Program Management: Coordinate annual commercial property and liability insurance program renewals (global, foreign and domestic, including U.S. workers compensation in monopolistic States) and project-specific placements at the direction of the Director. This shall include process management; coordinating broker meetings, submissions and logistics; collecting/maintaining and assuring accurate binders/policies; reviewing, inputting, and approving premium invoices for payment; confirming premium invoice payments; collaborating with the Director on insurance budget and reporting.
- Foreign-Local Insurance Management: Engage with foreign local offices on insurance compliance matters (assessing needs for local-admitted policies, promoting the global insurance program, and addressing their compliance needs). Work closely with the Broker to facilitate issuance of foreign local admitted policies under controlled master programs (and alternative solutions as may be required).
- Insured Exposure Tracking & Submission Building: Coordinate with other departments (Finance, HR, Legal, Property Management, IT, Operations and regional leaders/managers) to develop, maintain and report underwriting data (including insurance applications) to broker.
- Contract & General Technical Consulting: Provide insurance technical consulting to internal customers, including assessment of insurance procurement provisions in contracts and the extent to which A&M (or A&M counterparty) coverage is compliant with such provisions. Coordinate mid-term policy endorsements and special placements with brokers as may be required.
- Certificate of Insurance Issuance: Facilitate delivery of “certificates of insurance” or other evidence as required by our RFPs, clients, lessors, lenders and vendors.
- U.S. Workers Compensation Premium Audits: Work with Payroll, HR and the Director to coordinate employee and subcontractor’s payroll data for auditor. Meeting with the Auditor may be required. Support Director in validation of premium audits.
- Claims Management: Coordinate with Legal on all professional and employment practices claims (managed by Legal), and manage small claims associated with first-party property, auto and American Express Insurance Department.
- Professional Background: 8 years of experience in P&C insurance with an insurer, broker and/or insured’s risk management department, including a deep understanding of all insurance coverage typically maintained by a global consulting firm.
- Team skills: good communication skills and business acumen required; ability to take direction, be coached, and contribute to or own short- and long-term projects; and capacity to be a consistent contributor of positive energy to the team.
- Analytical Skills: Good understanding of risk exposures, insurance and insurance policy contracts; initiative to research and find answers; ability to recognize, prioritize and report critical risk/coverage information.
- Organizational & Project Management Skills: Strong organizational, multi-tasking, work planning, and time-management skills with attention to detail.
- PC skills: Advanced MS Word/Excel/PowerPoint skills required.
We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.
We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings’ fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M’s benefits programs
The salary range is $80,000 - $120,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Diversity & Inclusion
A&M’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening and in alignment with our Inclusive Diversity values. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.
Salary : $80,000 - $120,000
