Risk and Insurance Manager

Philadelphia Housing Development Corp. |

Location: 1234 Market Street, 16th Floor, Philadelphia, PA, 19107, United States
Base Pay: $92624.00 / Year
Job Category: Legal , Risk Managment , Housing
Industry: Legal , Risk Managment , Housing
Employee Type: Exempt
Required Degree: 4 Year Degree
Manage Others: No
Minimum Experience: 5 Years

Description

The Philadelphia Housing Development Corporation (PHDC), a non-profit organization funded primarily by the City of Philadelphia and the Commonwealth of Pennsylvania, is looking for a Risk and Insurance Manager.

Reporting to the Legal Director of the Philadelphia Housing Development Corporation (“PHDC”), the Insurance Manager oversees, plans, organizes, administers, supervises, and manages the day to day operations of the insurance and risk management functions of PHDC, the Philadelphia Redevelopment Authority (“PRA”), the Philadelphia Land Bank (“PLB”), and any affiliated entities of PHDC or PRA, including the administration and compliance of the Property & Casualty and Financial lines insurance programs as well as the related claims management and loss control activities for PHDC, PRA, PLB, and any affiliated entities.

This position begins at the stated starting salary. The salary increases based on satisfactory performance.

PHDC offers a generous benefits package, including:

  • Superior health insurance (including prescription, vision, and dental)
  • Generous retirement plan
  • Life insurance
  • Deferred compensation
  • Paid vacation and sick time
  • And much more!

ONCE HIRED ALL EMPLOYEES MUST BECOME A RESIDENT OF THE CITY OF PHILADELPHIA WITHIN SIX MONTHS OF APPOINTMENT AND MAINTAIN RESIDENCY STATUS IN THE CITY OF PHILADELPHIA AS A CONDITION OF EMPLOYMENT.

PHDC is an equal opportunity employer and does not permit discrimination based on race, ethnicity, color, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, marital status, source of income, familial status, genetic information or domestic or sexual violence victim status.

Requirements

MINIMUM QUALIFICATIONS

  • Bachelor in Risk Management and Insurance degree or a Bachelor’s degree with major course work in risk management and insurance from an accredited college or university
  • Associate in Risk Management (ARM) certification
  • Five (5) years or more of risk management and insurance related experience
  • Experience in procuring insurance and claims management process

Summary

EXAMPLES OF DUTIES

  • Coordinates and prepares underwriting submissions for all Property & Casualty and Financial lines insurance programs, provides recommendations regarding appropriate levels of insurance, and procures such insurance with the approval of the PHDC President & CEO, the PRA Deputy Executive Director, Real Estate, the PLB Executive Director and the appropriate officers of the affiliated entities on an annual basis and for any new lines of coverage that may be required in a given year
  • Maintains updated Schedules of Insurance (SOI) and Statements of Values (SOV)
  • Reviews insurance policies to confirm the terms and conditions are accurate and provides adequate protection
  • Manages existing broker and insurer relationships
  • Prepares insurance requirements for various types of agreements
  • Issues the Request for Proposals (“RFP”) and manages the process to select a broker
  • Corresponds with insurance broker and carriers on insurance questions and issues that affect PHDC, PRA, PLB, and any affiliated entities’ property holdings, coverages and claims
  • Monitors, reports, and manages all claim activity under the various insurance programs
  • Prepares or reviews pleadings to be filed and assists and consults with attorneys assigned to handle the claim litigation as needed
  • Responds to all internal questions regarding insurance and risk management related matters in a timely manner
  • Creates a process for risk identification and mitigation
  • Reviews and revises existing risk management or safety and loss control policies and prepares and recommends the implementation of any new risk management policies or safety and loss control policies and procedures to the PHDC President and CEO and PHDC Legal Director
  • Provides educational sessions to promote best risk and insurance practices
  • Coordinates requests for Certificates of Insurance
  • Reviews and approves Certificates of Insurance for vendors, clients, partners, etc.
  • Remains current with insurance marketplace trends and developments to ensure awareness of available coverages
  • All other related duties

KNOWLEDGE, SKILLS, AND ABILITIES

  • Strong written and verbal communications skills
  • Strong attention to detail and organizational skills
  • Strong analytical and problem solving skills
  • Ability to navigate across the organizations and work with all levels of employees
  • Adaptability
  • Ability to work individually and within teams
  • Ability to improve efficiency of processes
  • Desire to learn new concepts and develop new skills
  • Proficiency in Microsoft Office Suite products

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