assists with the evaluation of risk, development of risk control strategies, review and negotiation of indemnification and insurance issues for all projects, and the annual corporate insurance renewal. Risk Management is involved with each and every project in the Capital Plan and outside of the Capital Plan.
The primary mission of Risk Management is to protect the assets of NJ TRANSIT. Roles and Responsibilities : Performs risk backssment to identify loss exposures and business risks associated with these exposures in terms of both expected frequency and severity. Develops risk control strategy to minimize loss exposures with assistance from NJ TRANSIT's Bus, Rail and Light Rail Safety
Department. Evaluates risk transfer options, including purchasing of commercial insurance, utilization of NJ TRANSIT's captive insurance company and execution of third-party indemnification agreements.
Procures commercial insurance for the corporation, prepares submission information, attends meetings with underwriters, evaluates coverage options, negotiates terms and conditions of policies through insurance broker. Assists in management of NJ TRANSIT's captive insurance company through serving on its Board of Directors. Recommends methods to increase capitalization of captive insurance company and viable opportunities to enter into risk transfer agreements with NJ TRANSIT. Develops,
procures and monitors wrap-up insurance programs for NJ TRANSIT's construction projects.
Prepares submission information, attends meetings with underwriters, negotiates coverage terms and conditions, monitors claims administration and safety services throughout program and acts as liaison between the project manager and the insurance carriers. Analyzes high value claims arising out of wrap-up insurance programs, and advises insurance carriers on course of action, reserves, strategies, liability and litigation deadlines. Prepares Board Items to NJ TRANSIT's Board of Directors, recommending purchase of commercial insurance, creation of wrap-up insurance programs and ability to contract with insurance brokers for risk management services.
Reviews and negotiates contracts regarding insurance and indemnifications issues between third-parties, including other railroads, commercial tenants, municipalities and other transportation agencies. Reviews insurance and indemnification clauses in bid documents to ensure NJ TRANSIT's assets are properly protected when contracting with third-parties. Develops and implements reporting procedures for excess insurance carriers. Directs collection recoveries against third-parties resulting from damage to NJ TRANSIT property.
Directs the Risk Management Information System (RIMS) and annual audit process to provide accurate and on-time claim and safety reports for all user departments. Education, Experience, and Qualifications: Bachelors Degree in Liberal Arts, Business Administration or related area or equivalent Seven (7) or more years of applied experience in Risk Management/Claims. Knowledge and Skills: The ability to analyze, interpret and create contracts, review and evaluate insurance coverage and exclusions is required. Strong oral presentation and written skills, proficiency in Microsoft Word, Excel, and Power Point and CS STARS or equivalent risk management system is required.
Jurist Doctorate may be substituted for three (3) years of applied experience. At NJ TRANSIT you will enjoy a competitive salary and excellent benefit package : Comprehensive Family Health Insurance - Medical, Prescription, Dental, Vision Flexible Spending Account Life Insurance Paid Leave 401(a), 401(b), 401(k) Retirement Plans - up to 9% employer contribution Tuition Assistance Commuter Benefits At NJ TRANSIT we support and depend upon the diversity of our staff. NJ TRANSIT is an Equal Opportunity Employer.
capabilities, strategically cross-selling products aligned with clients' needs and introducing technical specialists, as required, to attain and retain the business.
Job Responsibilities: Commercial Business Development Communicate with potential clients to provide quote proposals.
Conduct thorough needs analysis/risk backssment to uncover prospects/clients' unique coverage needs. Provide consultative advice in key risk areas. Review current policy lists to identify account rounding/cross selling opportunities. Identify and close potential cross-sell opportunities. Client Management Maintain consistent/high quality touch points by phone and face to face with clients. Champion
the proper advocacy of claims. Participate in stewardship meetings. Support Client Management team in identifying and closing rounding opportunities. Account Management Collaborate with account managers to create and maintain client account files.
Insurance Policy Management Proactively develop relationships with company commercial lending team to create a seamless process for providing policy quotes to new and current clients. Pipeline Management Identify prospects for business from existing and prospective clients. Develop new relationships with individuals responsible for insurance and risk management decisions. Obtain referral leads from existing clients. Identify and pursue cross-selling
opportunities. Participate and take leadership roles in targeted community and professional associations.
Job Requirements: Bachelor's Degree in Business, Accounting, Finance or related discipline preferred; Active P&C insurance license with a minimum of two years' experience as a commercial lines sales producer; Experience in the following market sectors preferred: real estate development, construction, industrial property, and multi-family dwellings; Experience working with Applied Epic preferred; Professional designations such as Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), and Certified Insurance Counselor (CIC) preferred; Proven track record of successful pipeline development, delivery of effective sales strategies and reputation as a client-centric sales professional; Ability to identify and leverage essential information and think in a critical and logical manner.
Computer and technical proficiency; Excellent written and verbal communication skills; Detail oriented with the ability to prioritize and multitask. Requirement: Full vaccination against COVID-19 is required as a condition of employment, unless a legally required exception applies. Columbia Bank and its affiliates is an Equal Opportunity Employer Affirmative Action Employer/Males/Females/Protected Veterans/Individuals with Disabilities PDN-9a22e4aa-d79d-4acc-a02f-c377efd46ec9
business type activities. RESPONSIBILITIES: Review and action daily queries and rejection messages logged in GC's messaging system Resolve B2B related questions from assigned markets Follow protocols to modify GC processing system to onboard / modify B2B distributions Working with assigned reinsurers and IT Department to support B2B functions Run series of reports for internal and external parties Create, modify, and execute message scenarios for testing with B2B Trading Partners Evaluate impact of GC workflow on B2B messaging Participate in trading partner conference calls as well as B2B community groups (i.
e. Ruschlikon Business Implementation Group)Work with CSS client teams to on
board incoming B2B messages from clients. Work with CSS to address B2B issues related to message monitor Work with B2B Business Partners to improve transaction efficiency via messaging.
QUALIFICATIONS: 4 Year Bachelors Degree in Accounting or Finance (B. S. or B. A) and/or 2-5 years of equivalent professional work experience in insurance, reinsurance, or risk management5 + years of reinsurance/insurance, accounting/claims, or professional experience. Strong knowledge of reinsurance concepts and principles, laws, and regulatory requirements (i. e. FATCA, etc. ) and general business trends. Strong track record of successful Client account management, relationship management, engagement,
and development. Strong verbal and writing skills for complex communications (presentations, negotiations, etc.
) with clients, markets, and GC colleagues at all levels. Previous knowledge of reinsurance and/or insurance concepts preferred. Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends. Proficiency in Microsoft Office Applications (Word, Excel, and Power Point) required. Demonstrated ability to work as part of a high-performance team. Attention to detail in completing assigned tasks. Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.
Successful management of workload; able to manage expectations of all Clients and Stakeholders. Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the Guy Carpenter brand. Able to challenge appropriately, supporting business cases with facts and information. Strong ability to quickly backss and offer effective solutions to problems efficiently. Ability to make sound judgements independently while knowing when to bring situations to the attention of Management.
Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. Consistently provide guidance by mentoring and/or training colleagues. Consistently deliver superior Client service. ABOUT: Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable grow, the worlds leading professional services firm in the areas of risk, strategy, and people.
The companys 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, helps clients navigate an increasingly dynamic and complex environment through four market-leading companies
type activities. RESPONSIBILITIES: Review and action daily queries and rejection messages logged in GC's messaging system Resolve B2B related questions from assigned markets Follow protocols to modify GC processing system to onboard / modify B2B distributions Working with assigned reinsurers and IT Department to support B2B functions Run series of reports for internal and external parties Create, modify, and execute message scenarios for testing with B2B Trading Partners Evaluate impact of GC workflow on B2B messaging Participate in trading partner conference calls as well as B2B community groups (i.
e. Ruschlikon Business Implementation Group)Work with CSS client teams to on board incoming
B2B messages from clients. Work with CSS to address B2B issues related to message monitor Work with B2B Business Partners to improve transaction efficiency via messaging.
QUALIFICATIONS: 4 Year Bachelors Degree in Accounting or Finance (B. S. or B. A) and/or 2-5 years of equivalent professional work experience in insurance, reinsurance, or risk management5 + years of reinsurance/insurance, accounting/claims, or professional experience. Strong knowledge of reinsurance concepts and principles, laws, and regulatory requirements (i. e. FATCA, etc. ) and general business trends. Strong track record of successful Client account management, relationship management, engagement, and development.
Strong verbal and writing skills for complex communications (presentations, negotiations, etc.
) with clients, markets, and GC colleagues at all levels. Previous knowledge of reinsurance and/or insurance concepts preferred. Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends. Proficiency in Microsoft Office Applications (Word, Excel, and Power Point) required. Demonstrated ability to work as part of a high-performance team. Attention to detail in completing assigned tasks. Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment.
Successful management of workload; able to manage expectations of all Clients and Stakeholders. Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the Guy Carpenter brand. Able to challenge appropriately, supporting business cases with facts and information. Strong ability to quickly backss and offer effective solutions to problems efficiently. Ability to make sound judgements independently while knowing when to bring situations to the attention of Management. Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner.
Consistently provide guidance by mentoring and/or training colleagues. Consistently deliver superior Client service. ABOUT: Guy Carpenter & Company, LLC is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world. Guy Carpenter delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. Guy Carpenter is a business of Marsh Mc Lennan (NYSE: MMC), the worlds leading professional services firm in the areas of risk, strategy, and people.
The companys 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh Mc Lennan helps clients navigate an increasingly dynamic and complex environment through four market-leading companies including Marsh, Mercer, and Oliver Wyman.
to handle contracts, claims and accounting.
The Reinsurance Accounting Technician is responsible for technical processing of premium for specifically assigned client accounts ensuring strict compliance with Guy Carpenters operational guidelines. RESPONSIBILITIES: Management of assigned client portfolio.
Duties to support client base will include follow up and securing of reinsurance premiums timely/accurate system entry of all assigned client activity. Work with other areas to support collection and cash application initiatives as required. Manage settlement of funds to and from Client in a timely manner ensuring all applicable payment warranties and/or conditions are met. Ensure
assigned tasks are completed accurately and in accordance with Service Level Attributes (SLAs). Provide detailed information on client specific accounting/claims activities to support client sales opportunities.
Promote, build, and maintain relationships with Brokers, Clients and Markets. Understand their issues and working practices in order to effectively resolve problems and/or queries. Participate and support manager in team meetings and activities to share opinions, ideas, knowledge, and solutions; maintaining strong working relationships and actively contributing to deliver outcomes. Seek opportunities to increase own understanding and improve the services provided. Collaborate
with peers on complex or contentious reinsurance developments. Support, assist and provide guidance to less experienced Colleagues as needed.
Perform other job-related duties as assigned. Collaborates with peers on basic reinsurance developments, to support discussion and the development of a point of view. Participates in training sessions and provides input within the team and/or department for all aspects of reinsurance service processing to assist with trouble shooting and to help develop team resources. QUALIFICATIONS: Bachelors Degree in Accounting or Finance (B. S. or B. A) and/or 2-5 years of equivalent professional work experience in insurance, reinsurance, or risk management5 + years of reinsurance/insurance, accounting/claims, or professional experience.
Strong knowledge of reinsurance concepts and principles, laws, and regulatory requirements (i. e. FATCA, etc. ) and general business trends. Strong track record of successful Client account management, relationship management, engagement, and development. Strong verbal and writing skills for complex communications (presentations, negotiations, etc. ) with clients, markets, and GC colleagues at all levels. Knowledge of contract law, contract provisions, reinsurance concepts and principles, basic regulatory controls, and general business trends.
Proficiency in Microsoft Office Applications (Word, Excel, and Power Point) required. Demonstrated ability to work as part of a high-performance team. Attention to detail in completing assigned tasks. Positive attitude, willingness to offer and execute ideas and solutions to enhance processes within a changing environment. Successful management of workload; able to manage expectations of all Clients and Stakeholders. Strong communication and negotiation skills, both written and verbal, delivering clear and concise messages and at all times promoting and enhancing the brand.
Able to challenge appropriately, supporting business cases with facts and information. Strong ability to quickly backss and offer effective solutions to problems efficiently. Ability to make sound judgements independently while knowing when to bring situations to the attention of Management. Able to engage, influence and negotiate with Clients, Markets and Colleagues in a professional manner. Consistently provide guidance by mentoring and/or training colleagues. Consistently deliver superior Client service. ABOUT: is a leading global risk and reinsurance specialist with more than 3,100 professionals in over 60 offices around the world.
delivers a powerful combination of broking expertise, trusted strategic advisory services and industry-leading analytics to help clients adapt to emerging opportunities and achieve profitable growth. is a business of the worlds leading professional services firm in the areas of risk, strategy, and people. The companys 75,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, helps clients navigate an increasingly dynamic and complex environ 1. ) Please elaborate candidate's experience in Client account management, relationship management, engagement, and development?
2. ) Please elaborate candidate's professional work experience/knowledge of reinsurance concepts and principles, laws, and regulatory requirements (i. e. FATCA, etc. ) and general business trends 3. ) Please elaborate candidate's professional work experience in insurance, reinsurance, or risk management? 4. ) Please provide the link to candidates Linked In profile: 5. ) What is the candidates work authorization status? 6. ) What is the candidates highest level of education? 7. ) Has the candidate applied or been interviewed for any role with this company in the past?
If so, please provide details. 8. ) What is the candidates desired total compensation? (Please specify base salary mission/bonus expectation) 9. ) Where is the candidate located? If candidate is not near the job location, please explain relocation plan in detail (e. g. timeline, relocating with family, selling/buying property)
