Program Partnership Manager
Foresight Insurance, United States

Experience
1 Year
Salary
0 - 0
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
Apr 21, 2021
Last Date
May 21, 2021
Location(s)

Job Description

The Program Partnership Manager will oversee Property and Casualty commercial programs produced through large agents/broker partnerships. They will be responsible for program relationships and performance management. This person will also be responsible for leading coordination of key internal and external stakeholders in their support of each program to ensure underwriting, claims, audit, and compliance objectives are met in a best-in-class manner for program carrier partners.

The role plays a key function in bridging the communication gap between program and stakeholders for each program, ensuring both short and long-term performance and growth goals have required approvals and support. This role will report directly to the Chief Insurance Officer of Foresight.

About Foresight

Foresight insures safety-critical businesses with the first technology-based workers' compensation program. An insurtech MGU specializing in the middle market, Foresight wraps its proprietary risk management software into every policy, improving safety engagement and reducing workplace incident frequency by up to 57%.

With a digital submission process and in-app claims management and reporting, Foresight provides unrivaled value for brokers and businesses seeking safety and savings through technology. Learn more at getforesight.com and follow Foresight on LinkedIn.

Responsibilities

  • Manage assigned relationships to assure operational transparency between the program and carrier partner.
  • Develop, maintain, and implement a business relationship plan for all assigned programs.
  • Provide required resource and problem resolution assistance to all program functions to resolve outstanding issues.
  • Review the potential for new business opportunities with programs assigned.
  • Regularly visit assigned partners to review status and direction of each program, and promote new business opportunities.
  • Monitor and update premium projections for all programs and ensure alignment with Reinsurance partners.
  • Solicit and/or triage business expansion opportunities with partners.
  • Review all audits for assigned programs prior to distribution to Carriers and Reinsurers.
  • Monitor the audit process and provide support to assure that the distribution of reports meets agreed upon regulatory guidelines. Review and take appropriate action, to assure programs have corrected outstanding audit findings.
  • Assure programs maintain their financial obligations as outlined in contracts.
  • Lead performance management and reporting results on active programs.
  • Analyze financial and insurance operational components on a monthly basis and track contractual requirements of the program partner.
  • Create and refine infrastructure implementation requirements and supports execution of approved deals.

Requirements

  • Minimum seven years of progressive multi-faceted experience with U.S. Pamp;C products.
  • Bachelor’s degree in insurance, business or a related field is required.
  • MBA designation and advanced insurance certification preferred.
  • Experience evaluating and planning strategies to solve management and business problems, including developing operational and strategic plans.
  • Five years of progressively increasing leadership responsibilities including responsibilities for profit and growth.
  • Entrepreneur experience is a plus.

Skills, Knowledge, and Capabilities

  • Excellent analytical, organizational, and problem-solving skills.
  • Senior-level experience with managing ambiguous situations and issues.
  • Thorough knowledge of commercial property and casualty underwriting.
  • Thorough knowledge in product management, proposal and renewal development, risk assessment, group experience evaluation, and plan design and rating.
  • Knowledge of activities, practices, and terminology of the commercial property and casualty insurance industry and relevant legal and administrative procedures.
  • Thorough understanding of the insurance industry's competitive environment.
  • Ability to negotiate and establish a personal rapport with opposing parties, and to resolve conflicts in a professional manner.
  • Ability to analyze and interpret financial and management data.
  • Thorough knowledge of budget preparation and financial management.
  • Ability to develop and implement effective and efficient recommendations.
  • Excellent verbal and written communication skills.
  • Demonstrated drive, determination, and persistence to achieve annual revenue targets.
  • Presentation skills and confidence to present division and product in one-on-one settings or at large gatherings.
  • A commitment to total customer satisfaction.

Benefits

Job Specification

Job Rewards and Benefits

Foresight Insurance

Information Technology and Services - Amsterdam, United States
© Copyright 2004-2024 Mustakbil.com All Right Reserved.