Demo

Insurance Manager

Empower Federal Credit Union
Syracuse, NY Full Time
POSTED ON 7/27/2022 CLOSED ON 9/22/2022

What are the responsibilities and job description for the Insurance Manager position at Empower Federal Credit Union?

Essential Functions & Responsibilities: 20% Execute the insurance group's business plan. Provide input to the budgeting and strategic planning process. Monitor and report on the insurance group's performance. Track and analyze financial, quality, and marketing data.  15% Ensure regulatory compliance of the insurance program. Lead product and vendor reviews and due diligence exercises. Coordinate insurance company underwriting audits. Participate in industry related trade associations and networks.  15% Review client accounts to ensure appropriateness of strategies, products and service provided to our insureds. Act as the designated compliance officer for the company's HITECH/HIPAA and other company policies as assigned. Maintain industry knowledge; identify trends and emerging technologies, products, and strategies.  10% Cause account documentation to be prepared and maintained to the standards required by Empower Associated Services, our insurance providers, regulators, and other entities with jurisdiction over EIS. Monitor and improve workflow, procedures, and other resources in order to optimize the effectiveness of the insurance group.  10% Maintain and improve the organization's skills, credentials, licenses, and product knowledge required to meet the needs of the business. Train and mentor assigned staff. Conduct timely and meaningful performance reviews.  10% Identify staffing needs. Train, mentor, and recruit to meet the needs of the business. Hire, fire, train, mentor, recruit, counsel, discipline and schedule direct reports. Provide general management and supervision of the company's staff and facilities as required.  10% Administer insurance licensing, insurance company appointments, CPE, and career development of EIS staff. Maintain the company's corporate insurance licenses.  5% Communicate and collaborate with the leadership of other business units to achieve efficiencies and consistency.  5% Develop and participate in EIS and EFCU marketing, advertising, and referral campaigns and projects. Develop prospects from referral leads, personal contacts, current clients and other sources. Prepare and deliver presentations, seminars, and workshops.  Performance Measurements: See Dayforce for Performance Goals  Knowledge and Skills: Experience: Five years to eight years of similar or related experience.  Education: Degree in Business Administration, Management, Sales, Insurance, or a related field.  Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.  Other Skills: Must be comfortable with using multiple computer and web-based systems.   Professional Licensing in two or more of the following areas required: Personal Lines Property & Casualty Insurance; Commercial Lines Property & Casualty; New York State Life, Accident, Health Insurance; FINRA Series 6 or 7.   Demonstrated aptitude for figures and calculations, strict attention to detail, high level of organization, ability to work pleasantly and effectively with others in a busy, sometimes stressful environment, and the ability to sell and persuade are required.  Physical Requirements: PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds.  Work Environment  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.  Please note this position offers a hybrid schedule (remote and on site).

Salary : $0

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

Sign up to receive alerts about other jobs with skills like those required for the Insurance Manager.

Click the checkbox next to the jobs that you are interested in.

  • Policy Analysis Skill

    • Income Estimation: $67,582 - $88,476
    • Income Estimation: $69,261 - $91,404
  • Reinsurance Skill

    • Income Estimation: $67,582 - $88,476
    • Income Estimation: $69,261 - $91,404
This job has expired.
Employees: Get a Salary Increase
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Empower Federal Credit Union

  • Empower Federal Credit Union Cicero, NY
  • Empower FCU Purpose: At every stage of life, positively impact members by providing affordable financial services. Empower FCU Core Values: Fairness, Integ... more
  • 8 Months Ago


Not the job you're looking for? Here are some other Insurance Manager jobs in the Syracuse, NY area that may be a better fit.

  • Eastern Shore Insurance Agency Liverpool, NY
  • Commercial Lines Account Manager Eastern Shore Insurance Agency is a 100% employee-owned, client-focused agency that is recognized as a trusted insurance a... more
  • 8 Months Ago

AI Assistant is available now!

Feel free to start your new journey!