Insurance Compliance Specialist

Insurance Compliance Specialist

The James Allen Companies Inc.

Insurance Compliance Specialist

Full Job Description

Role Overview: The Insurance Compliance Specialist is responsible for reviewing a high volume of subcontractor insurance policies to ensure they meet the required insurance standards.

Essential Duties and Responsibilities:

  • Review and analyze subcontractor insurance policies for compliance with specified insurance requirements.
  • Identify non-compliant insurance coverages through detailed policy analysis and decide when to escalate issues for insurance waivers.
  • Engage directly with subcontractors and their brokers to resolve any issues with non-compliant insurance, ensuring diligent follow-up until issues are fully resolved.
  • Maintain and update insurance policy documentation and information across all company systems.
  • Regularly communicate the compliance status of subcontractors to project teams.
  • Interpret various types of insurance policies, endorsements, and terminology, and assess subcontractor risk profiles.
  • Quickly identify problematic exclusions and missing endorsements.
  • Possess a thorough understanding of General Liability and Excess Liability policy forms, endorsements, and coverage terminology.

Skills:

  • Ability to manage multiple projects concurrently.
  • Capable of working independently.
  • Strong verbal and written communication skills.
  • Effective problem-solving and time management skills.
  • Proficient in Microsoft Office Suite.
  • Detail-oriented with strong analytical skills.
  • Ability to collaborate effectively within a team and promote teamwork.

Requirements:

  • Minimum 5 years’ experience in a Property/Casualty Broker or similar role.

Benefits:

  • 401(k) with matching
  • Dental, health, life, and vision insurance
  • Flexible spending account
  • Paid time off
  • Referral program
  • Tuition reimbursement

Experience:

  • Insurance verification: 5 years (Preferred)

Location Requirements:

  • Must be able to commute to Plainview, NY 11803
  • Work is conducted in person
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