Build the future you want

Join the companies disrupting their industries
76
companies
226
Jobs

Head of Insurance Operations

Loadsure

Loadsure

Operations
Connecticut, USA
Posted on Wednesday, September 4, 2024
Insurance · Connecticut

Head of Insurance Operations

As Head of Insurance Operations, your role is to develop and manage the Insurance Operations function as a key leader of the Risk Transfer team. This includes identifying opportunities for process improvements while adhering to industry best practices and leveraging in-house expertise in technology and data to streamline and remove friction wherever possible. Responsible for the development of the insurance operations team ensuring we meet obligations for compliance, premium invoicing and reconciliation, underwriting technical support, bordereau reporting and maintaining high levels of customer satisfaction and overall efficiency within the operations practice. This is a critical role that will contribute to the overall success and growth of Loadsure.

You will be highly organised and comfortable building relationships and working with all levels of the firm. Stakeholder management and communication will be vital to the success of the role. This position requires a self-driven, high-energy, professional who’s passionate about disrupting an industry and wants to be rewarded for their performance and contributions.

We believe that with a growth mindset, tech-first innovation, and focused execution, anything is possible. We value others’ insights and ideas to build a collaborative, entrepreneurial, and lighthearted environment.

Key Responsibilities;

  • Lead and manage the insurance operations team to oversee the back office requirements of the risk transfer business, including policy administration and underwriting support.
  • Ensuring compliance with all relevant regulations and industry standards through close collaboration with the head of compliance.
  • Oversee the implementation and maintenance of insurance systems and technology.
  • Support the Product Team and provide subject matter expertise in the development of new insurance operations technologies.
  • Develop and implement best practice operational policies and procedures, automating wherever possible through collaboration with Data and Engineering.
  • Oversee the invoicing and reconciliation for premiums, embracing solutions for automation and revenue optimization, supporting the direct and accurate flow of financial data to the finance and business intelligence team.
  • Manage the bordeaux processes for written and paid statements for all coverholder agreements, delivering clear communication and on time performance.
  • Collaborate with other functions including Data and Engineering to ensure seamless operations and maximum efficiency.
  • Ensure proper coordinated preparedness and response to carrier requests and audits
  • Support the Chief Insurance Officer (CIO) to help facilitate any information or documentation required for insurance binder renewals and the addition of insurance capacity
  • Ensure adherence to service level agreements (SLA’s) and key performance indicators (KPI’s), as developed with the CIO and COO.

Skills and Qualifications;

Essential;

  • Minimum of 10+ years in Insurance Operations and experience in leading a team
  • Strong understanding of Insurance processes and regulations
  • Experience within process improvement methodologies
  • Experience and knowledge of risk management principles
  • Proven administrative experience and ability to multitask and prioritise work flows
  • Strong interpersonal, problem solving, analytical and numeracy skills
  • Excellent time management and organisational skills
  • Background in program business and operations
  • Strong communication skills
  • Eagerness and willingness to learn
  • Accuracy and attention to detail
  • Self-starter and takes initiative
  • Effective listening, strong verbal and written communications skills (including grammar)
  • Thrive in a fast-paced, high-growth, rapidly changing technical environment

Desirable;

  • Background in Ocean and Inland Marine Insurance
  • Enthusiastic about emerging technology and insurtech


About Us;

We’ve combined groundbreaking AI and industry expertise to create a service that goes beyond conventional insurance. This is holistic freight protection.

With trailblazing end-to-end InsurTech, our mission is simple: empower brokers to better serve the freight community, maximizing profits and minimizing losses for all.

At Loadsure, we celebrate the spirit of individuals and empower them to grow. Fostering a culture of personal freedom, mutual respect, and collaboration, we enable the professional success of each person, regardless of race, ethnicity, culture, nationality, religious belief, sexual orientation, gender identity and expression, age, marital status, or disability. Understanding, communication, respect among all people: This is how we’re nurturing a diverse and inclusive workplace in which everyone can thrive.

We Strive for continuous growth and excellence in everything we do.

We Unite through collaboration, leveraging our diverse strengths to achieve common goals.

We Pioneer innovative solutions, embracing new technologies and forward-thinking approaches.

We Deliver outstanding results, ensuring reliability and quality in every project.

Why work for Loadsure?

  • Competitive salary
  • Fantastic company stock options
  • Remote working with great flexibility
  • 25 annual leave days, in addition to our recognised national holidays
  • Enhanced maternity/paternity/adoption/shared parental leave
  • Birthday day off
  • Subsidised gym/wellbeing membership
  • PerkBox
  • Strong healthcare coverage for employees and their families
  • A culture of work-life balance
  • A community that gives back
  • Engaging and collaborative work environment
  • An exciting opportunity to work with a talented team that’s passionate about what they do and believes in their product and people
  • Career development opportunities
  • Online learning platform

loadsure.net

Department
Insurance
Role
Head of Insurance Operations
Locations
Connecticut
Contact Greg Franzel Talent Acquisition Manager – Operations & HR

Why work for Loadsure?

  • A company that knows your worth

    We believe that people should be paid what they’re worth. That’s why we offer competitive salaries for all our roles, with a valuable selection of company stock options added on top as well.

    • Competitive salary
    • Highly flexible company stock options which are fantastic now, but will skyrocket as you help Loadsure grow.

  • Flexible to you

    People work best when they’re in the right place for them. We work hard to foster a culture of work-life balance, offering a flexible range of remote working options, with plenty of leave options too.

    • Remote working with great flexibility
    • 25 annual leave days, in addition to our recognised national holidays
    • Enhanced maternity/paternity/adoption/shared parental leave
    • Birthdays off
  • Healthcare that makes a difference

    We take the health and wellbeing of our team seriously. Whether it’s a case of offering subsidized gym memberships, cycle to work schemes or comprehensive healthcare coverage, your health comes first.

    • Subsidized gym/wellbeing membership
    • Strong healthcare coverage for employees and families, including vision and dental
  • Roles that give back

    With Loadsure, you’ll have direct access to a passionate, supportive, and collaborative community that listens and grows with you, with plenty of personal career development opportunities along the way.

    • A community that gives back
    • Engaging and collaborative work environment
    • Career development opportunities
    • Online learning platform

    Regular treats, communications and celebrations from Perkbox, the global employee benefits and rewards platform, no matter where in the world you’re working

About Loadsure

Loadsure® is the InsurTech solution to the global underinsurance crisis. We combined ground-breaking tech with incomparable industry expertise, and developed a revolutionary product that delivers accurately-priced freight insurance in just 40 seconds.

Founded in 2018
Co-workers 40
Insurance · Connecticut

Head of Insurance Operations

Already working at Loadsure?

Let’s recruit together and find your next colleague.