Manager - Property Insurance Programs
Location:
Bernards , New Jersey
Posted:
November 22, 2017
Reference:
471589-1A

What you’ll be doing...

The Risk Management Organization

At Verizon, we are building a world-class Risk Management organization. We have begun a comprehensive program to streamline processes, enhance systems, realign the organization and add opportunities for personal skill-building and professional growth. We’re finding new ways to add value and provide strategic support. This is the kind of work we do. We want to build leading Risk Management and Claims practices within Verizon, setting the stage to become the place any Risk Management or Claims professional would want to work. You can become a catalyst for change.

Risk Management - Property Insurance Programs

The Manager of Property Programs will report to the Director - Risk Management & Insurance and will have overall responsibility for managing property insurance renewals and administration of all property insurance programs. The position will also be responsible for management of Verizon’s surety bond program. This position requires excellent communications and interpersonal skills as well as strong presentation skills. This position will be responsible for the following activities:

  • Manage all aspects of the Global Property insurance program, including oversight of the collection of property values for the external insurance and internal captive deductible programs, encompassing numerous subsidiaries and ~70,000 insured locations with ~$200 billion in insured values

  • Control placement of and ensure design and functionality of TRIPRA (Terrorism) coverage annually

  • Handle renewal and administration of the Builder’s Risk and Owner Controlled Insurance Programs

  • Manage Verizon’s $500+ million surety bond program including responding to internal client inquiries/requests for bonds, monitoring the issuance and retirement of bonds, and addressing contract language issues with internal clients, legal representatives, and surety carriers

  • Validate submissions for other insurance programs such as Crime & Fidelity and Inland Marine/Ocean Transit

  • Create renewal presentations to senior management; prepare annual presentation to New York, London, and Bermuda markets

  • Negotiate policy wording & suggest improvements to program structure and terms/conditions

  • Supervise several outside contractors and insurance brokers in accomplishing Risk Management objectives

  • Maintain historical data on all programs and receipt of billing and documentation related to programs’ placement

  • Oversee review of leases and other vendor & supplier contracts to ensure adequate protection for the company

  • Prepare risk management data for M&A activity, liaise with internal and external contacts

What we’re looking for...

You'll need to have:

  • A Bachelor’s degree in Risk Management, Finance, Accounting, Economics or related field
  • Six years work experience in a corporate risk management department, commercial insurance brokerage firm or related position
  • Proficiency in Microsoft Office, including Excel, Word, PowerPoint and Access
  • Strong written and oral communications skills
  • Strong social interaction skills
  • Excellent presentation skills; comfortable with presenting to executives

Even better if you have:

  • Master's in Business Administration, Accounting, Finance, Economics or equivalent
  • A professional certification (e.g. ARM, CPCU, CPA, CFA).
  • Proven ability to establish strong working relationships across teams (e.g. Legal, Business Continuity, Sourcing, Operations, Insurers and Brokers).

When you join Verizon...

You’ll be doing work that matters alongside other talented people, transforming the way people, businesses and things connect with each other. Beyond powering America’s fastest and most reliable network, we’re leading the way in broadband, cloud and security solutions, Internet of Things and innovating in areas such as, video entertainment. Of course, we will offer you great pay and benefits, but we’re about more than that. Verizon is a place where you can craft your own path to greatness. Whether you think in code, words, pictures or numbers, find your future at Verizon.

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Different makes us better.


A little about us:
Verizon is one of the largest communication technology companies in the world.

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