Insurance Specialist
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Job Location:
Raleigh, WV - USA
Hourly Salary:
$ 32 - 33
Posted on:
3 hours ago
Vacancies:
1 Vacancy
Job Summary
Insurance Specialist needs 3 years commercial lines insurance on-boarding vendor management
Insurance Specialist requires:
- 5 years Certificate of insurance SME
- 3 years vendor management
- 1 year CMMS Service Channel/Fixxbok
Insurance Specialist duties:
- Provide expert knowledge of P&C insurance processes as it pertains to our coverage requirements
- Act as a liaison when reviewing and approving COIs submitted by insurance agents on behalf of potential service providers or renewal review of expired COIs.
- Translate complex insurance concepts into clear actionable documentation of requirements Ie: Sample COIs
- Assist in the development and refinement of our current Certificate of Insurance Standards to match the industry standard on required coverages
- Lead and report on insurance recovery efforts for branch facilities coordinating with relevant departments to ensure timely and effective management
- Ensure all Special Category vendors meet the banks compliance requirements including maintaining up-to-date insurance policies trade licenses and other necessary certifications
- Search vendors trade and business licenses by state to ensure they are active and comply with regulatory standards
- Confirm that all vendors possess appropriate and valid trade licenses required for their specific services
- Serve as the point of contact for vendor onboarding within our CMMS system (Service Channel) for all of Corporate Real Estate ensuring smooth integration and compliance
- Collaborate with Facility Management to successfully identify gaps in coverage to source and onboard new vendors
- Organize and interpret data from ServiceChannel to generate actionable insights and support decision-making for branch facilities and maintenance
