What are the responsibilities and job description for the Corporate Insurance Program Lead position at Pennymac?
Key Responsibilities:
The successful candidate will be responsible for supporting the Corporate Insurance Program by managing various tasks, including:
The successful candidate will be responsible for supporting the Corporate Insurance Program by managing various tasks, including:
- Risk Identification and Assessment: Identify potential risks and develop strategies to mitigate them
- Broker Strategy: Develop and implement effective broker strategies to optimize insurance coverage
- Policy Coverage Limits and Exclusions: Manage policy coverage limits and exclusions to ensure optimal protection
- Annual Program Administration Calendar and Milestones: Develop and manage the annual program administration calendar and milestones
- Program Budget and Allocation: Manage program budget and allocation to ensure efficient use of resources
- Program and Specialized Coverage Expense Management: Manage program and specialized coverage expense management to ensure cost-effectiveness
- Coverage Research, Placements, and Renewals: Conduct research, place, and renew insurance coverage to ensure optimal protection
- Coverage Document Inventory: Maintain a comprehensive inventory of insurance documents, including binders, policies, evidence, and invoices
- Quarterly Compliance Reporting: Prepare and submit quarterly compliance reports to stakeholders
- Annual and Ad Hoc Examinations and Due Diligence: Conduct annual and ad hoc examinations and due diligence to ensure compliance and effectiveness
- Internal Reporting: Provide internal reporting to management and boards on program performance and progress
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