Specialist, Insurance

Primary Position Purpose

The Insurance Specialist provides high-level insurance support to the Director and Managers in the Risk Management department, performing a variety of analytical and technical functions to assist with the Company’s insurance program within the scope established by law.

Position Functions

• Consult with Legal department on insurance policy language for various entities within USX – customer and broker.
• Prepare and analyze documentation provided to insurance brokers and carriers for insurance renewals.
• Communicate with insurance brokers and insurance carriers on annual insurance policy renewals.
• Assist in organizing documentation for internal and external audits.
• Analyze and prepare financial documents and payment reports for Executives within the company.
• Complete daily claim payment reports and provide reconciliation to Accounts Payable.
• Execute financial and monthly loss run reporting.
• Audit and reconcile monthly billing for Workers Compensation claim payments.
• Maintain accurate filing system for all insurance policies and insurance billing.
• Process and record insurance policies.
• Maintain schedule of insurance for each policy year.
• Understand Company policy on Certificates of Insurance and ability to effectively communicate and explain policy terms to customers or internal Company employees requesting Certificates.
• Liaison with Company Departments including Legal, Real Estate/Facilities, and Finance regarding certificates needed for executed leases, bank agreements, or loans.
• Issue Certificates of Insurance using ecertsonline website in accordance with Company’s contractually agreed upon terms.
• Maintain policy information as required in LineSlip application.
• Maintain awareness of current laws and regulations pertinent to insurance requirements in the trucking industry.
• Coordinate and conduct renewal meetings and Risk Retention Group (RRG) activities.
• Prepare and submit RRG reporting and filings, as required, to insurance brokers and states.
• Assist in implementation, education, and training on Risk Management Information System (RMIS).
• Develop and maintain audit processes to improve accuracy of data within RMIS.
• Assist Risk Management with other duties as assigned or required.
• Collaborate in-person with all levels of the organization to harness collective intelligence of the workforce.
• Attend all in-person meetings and trainings on recent developments, goals, and objectives.
• Participate in such discussions by offering input and advice.
• Regularly engage remotely and in-person with customers and potential customers to establish rapport, open communication, and expectations.