Vice President, Insurance & Risk Manager
NEW YORK, NYPosted 30+ days ago
Job summary
Job post source
This job is directly from New York City Economic Development Corporation
Job overview
The Vice President, Insurance & Risk Manager at NYCEDC oversees the organization's insurance and risk management programs, ensuring best practices and managing insurance-related operations.
Responsibilities and impact
The role involves advising on corporate insurance matters, managing the internal captive insurance company, reviewing contracts, handling claims processes, coordinating insurance requests, managing budgets, training teams, overseeing site visits for risk control, managing external insurance relationships, and guiding a Senior Analyst.
Compensation and benefits
The salary range is $125,000 to $130,000 USD with comprehensive benefits including employer-subsidized health insurance, dental, vision, disability, life insurance, paid leave, retirement plans, tuition reimbursement, professional development, childcare backup, gym discounts, and mental health support.
Experience and skills
Requires a bachelor's degree, ARM or CPCU certification preferred, 8+ years of commercial insurance or risk management experience, knowledge of risk governance, experience with construction and lease contracts preferred, strong communication, process design skills, and NYC residency within 180 days of hire.
Career development
Opportunities include continuing education, professional development, and tuition reimbursement supporting career growth within the organization.
Work environment and culture
NYCEDC values diversity, equity, and inclusion, fostering a people-first strategy and a supportive work environment focused on employee health, happiness, and work-life balance.
Company information
NYCEDC is a nonprofit focused on inclusive economic growth in NYC through business confidence, sector growth, neighborhood development, and sustainable infrastructure.
Team overview
The VP reports to the Executive VP of Finance and works cross-functionally with various departments and external partners to support the organization's insurance and risk functions.
Job location and travel
The position is based in New York City with a requirement for the employee to reside in NYC within 180 days of hire.
Unique job features
This role uniquely manages an internal captive insurance company and involves high-level cross-departmental collaboration and leadership in insurance risk management.
Company overview
New York City Economic Development Corporation (NYCEDC) is a nonprofit organization dedicated to promoting economic growth in New York City. They focus on creating jobs, fostering innovation, and driving sustainable development through various initiatives such as real estate development, business support, and infrastructure projects. NYCEDC generates revenue through public-private partnerships, real estate transactions, and consulting services. Established in 1991, the organization has played a pivotal role in transforming NYC's economic landscape, including projects like the redevelopment of the Brooklyn Navy Yard and the High Line.
How to land this job
Position your resume to emphasize your extensive experience in commercial insurance and risk management, highlighting your ability to manage corporate-wide insurance programs and captive insurance companies as outlined in the job description.
Focus on showcasing your skills in contract review, claims management, risk mitigation, and budget preparation, as these are critical responsibilities for the Vice President, Insurance & Risk Manager role at NYCEDC.
Apply through multiple platforms including the New York City Economic Development Corporation’s official career site and LinkedIn to maximize your application’s visibility and reach.
Connect with professionals in NYCEDC’s Finance or Risk Management divisions on LinkedIn to gain insights about the role; use ice breakers like commenting on recent NYCEDC projects related to economic development or asking about best practices in managing captive insurance companies.
Optimize your resume for ATS by incorporating keywords from the job description such as 'commercial insurance,' 'risk management,' 'captive insurance,' 'claims process,' and 'contract review' to ensure your resume passes initial automated screenings.
Leverage Jennie Johnson's Power Apply feature to automate applying across multiple job boards, tailor your resume for ATS compatibility, and identify key LinkedIn contacts, enabling you to focus more on preparing for interviews and networking effectively.
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