Senior Associate, Corporate Insurance

    Santander Bank
    Mesa, AZ
    Full-time, Part-time
    Similar jobs pay $10.50 - $16.15

    Job Description

    Description

    The Sr. Associate, Facilities, Corporate Insurance, is responsible for managing the corporate insurance program for Santander Consumer USA Inc.

    Essential duties and responsibilities:

    Understand business activities, identify and analyze risks and in coordination with broker, advise on related insurance options and risk management opportunities.

    Oversee submittal of claims and internal claims management.

    Responsible for coverage placement and renewals, including coordination and approval of submissions and in coordination with broker, negotiation of structure, premiums and terms.

    Other duties and responsibilities:

    Solicit and analyze quotes and terms; analyze premiums; conduct cost/benefit analysis of program options and make recommendations.

    Review binders, policies, endorsements to ensure accuracy and inclusion of negotiated terms and conditions.

    Manage day to day interaction with Management, Brokers, Insurers and Affiliates related to insurance issues.

    Maintain knowledge of industry trends.

    Review and analyze loss reports, litigation, and risk events, and coordinate with business to develop action plans.

    Advise on appropriate insurance standards for vendors.

    Prepare and present insurance governance reports/presentations to Executive Management and Board.

    Requirements:

    BA

    9 - 12 years experience in risk management and insurance field.

    Competencies:
    • Collaboration - Relationship Management:
      • Advanced - Leading and Guiding
        • Improves relationships between key individuals to achieve seamless cross-team work flow and positively impact results
        • Uses informal networks to gain support for ideas and projects
    • Customer Focus - Customer Satisfaction:
      • Advanced - Leading and Guiding
        • Looks for creative approaches to providing or improving services that may increase efficiency and decrease cost
        • Applies customer feedback toward improving and innovating services
    • Execution - Accountability:
      • Advanced - Leading and Guiding
        • Fully accountable for timeliness, completeness, quality of projects, processes, products and services
        • Remains calm and focused on goals while facing pressures, obstacles or short-term setbacks
    • Problem Solving - Solution Definition:
      • Advanced - Leading and Guiding
        • Persists in searching out the root causes of major problems rather than being satisfied with partial solutions or "quick fixes"
        • Brings new thinking, insights or technology to problem resolution
    • Risk Management - Continuous Process Improvement:
      • Advanced - Leading and Guiding
        • Designs, develops and drives the adoption of risk management policies, processes, and procedures
        • Applies advanced skills in operational processes and uses it to improve work efficiency and quality
    • Risk Management - Risk and Compliance Adherence:
      • Advanced - Leading and Guiding
        • Ensures that all directs and colleagues have appropriate knowledge of risk and the regulatory environment
        • Investigates and identifies the root cause and corrects items deemed non-compliant, regardless of pressures from business or management
    Working Conditions:
    • Frequently: Minimal physical effort such as sitting, standing, and walking.
    • Occasional moving and lifting of equipment and furniture is required to support onsite and offsite meeting setup and teardown.
    • Physically capable of lifting up to fifty pounds, able to bend, kneel, climb ladders.
    Employer's Rights:
    • This job description does not list all the duties of the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description.
    • The employer has the right to revise this job description at any time. This job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.
    Posting ID: 552620436Posted: 2020-05-27