Director, Corporate Insurance (Remote)

Molina Healthcare


Date: 1 week ago
City: Long Beach, CA
Salary: $97,299 - $189,732 / year
Contract type: Full time
Molina Healthcare
Job Description



Job Summary Establish a corporate insurance program to ensure effective coverage for the organization while minimizing risk and cost.



Job Duties



Develop and optimize organization's overall insurance program to manage and minimize risk and costs



Define strategic objectives and policies to ensure effective insurance coverage for the organization



Develop appropriate mix of insurance coverage and negotiate policy pricing and terms



Manage general corporate insurance matters, including addressing complex aspects to mitigate risk exposure



Liaise with attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss, reporting risk and administering risk cases



Review large amounts of data to assess risk and identify strategies to address potential risks



Respond to enterprise-wide insurance-related inquiries and requests; work with all levels of personnel across departments / business entities; primary point of contact for multiple insurance lines (as specified below):



Perform audits of policies and liaise with internal auditors to ensure compliance with insurance inspection requirements and insurance procedures



Review insurance provisions of various contracts to ensure adequacy of existing insurance policies and compliance to industry practices; initiate and direct revisions to policies through endorsements to meet business requirements



Handle complex / special requests for certificates of insurance, monitor creation / deletion of business entities to ensure appropriate insurance coverage so that management of risks



Analyze and evaluate incident data; prepares reports / claims notices to insurance carriers



Handle all aspects of claims, from incident reporting, progress / development updates and closure



Monitor claims data and status to reduce liability risks and ensure reporting compliance with risk policies



Responsible for the renewal and application process of various insurance policies; gather and evaluate pertinent data to complete and submit applications



Review and analyze insurance requirements, including policy quotes, benchmarking data, costs, legal and business objectives



Review insurance binders and agreed upon terms of placement



Reconcile and manage premium payment and allocations



Evaluate operations, recommend appropriate types and levels of insurance.



Enterprise-wide placement and renewal of performance, protest and bid bonds



Reconcile and manage bond premium payment

Job Qualifications




REQUIRED EDUCATION :

Bachelor’s Degree or equivalent combination of education and experience




REQUIRED EXPERIENCE/KNOWLEDGE, SKILLS & ABILITIES :

8 + years Commercial Insurance and/or Health Plan Operational Experience



Excellent verbal and written communication skills



Analytical, with strong problem-solving skills



Should have legal knowledge of insurance provisions of various contracts to perform audits of policy



Ability to establish and maintain positive and effective work relationships with colleagues, providers, insurance brokers and carriers



Superb attention to detail and organizational skills



Demonstrate performance in meeting time-sensitive deadlines with minimal supervision



Ability to be flexible and prioritize multiple tasks and initiatives




REQUIRED LICENSE, CERTIFICATION, ASSOCIATION :


PREFERRED EDUCATION :


PREFERRED EXPERIENCE :

Experience procuring insurance (working with business units and insurance broker) to complete placement applications for a managed care entity plan or other large corporate entity



Experience overseeing and administering insurance policies including but not limited to auto liability, bonds, general liability, property, cyber liability, professional liability, among others, as well as tendering and managing claims.




PREFERRED LICENSE, CERTIFICATION, ASSOCIATION :

Paralegal Certificate




STATE SPECIFIC REQUIREMENTS :


PHYSICAL DEMANDS :

Working environment is generally favorable and lighting and temperature are adequate. Work is generally performed in an office environment in which there is only minimal exposure to unpleasant and/or hazardous working conditions. Must have the ability to sit for long periods. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential function.




Pay Range: $97,299 - $189,732 a year*





  • Actual compensation may vary from posting based on geographic location, work experience, education and/or skill level.


To all current Molina employees: If you are interested in applying for this position, please apply through the intranet job listing.



Molina Healthcare offers a competitive benefits and compensation package. Molina Healthcare is an Equal Opportunity Employer (EOE) M/F/D/V.

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