As a Trust & Estate Operations Insurance Officer in our Asset Wealth Management team, you will oversee and manage insurance operations within Trust & Estate client accounts. You will coordinate with various stakeholders to ensure effective management of insurance policies, claims, and renewals, enhancing operational efficiency and mitigating risks.
Job Responsibilities:
- Manage and oversee Real Estate and Oil & Gas insurance operations within Trust & Estate client accounts.
- Coordinate with internal and external stakeholders, including vendors, underwriters, and property managers, to ensure effective management of insurance policies, claims, and renewals.
- Leverage expertise in Real Estate, Oil & Gas, and insurance to enhance operational efficiency and mitigate risks.
- Handle documentation and renewal of external insurance policies for real estate properties, tenants, and Oil & Gas working interests.
- Conduct insurance assessments during triennial appraisals and annual reviews to ensure adequate coverage.
- Prepare and maintain monthly reports to monitor financial activities, new assets, and claim statuses.
- Support the annual renewal process of the Master Insurance Program (MIP).
- Assist in evaluating existing policies, carrier quality, and coverage limits to ensure compliance and adequacy.
- Develop and maintain detailed procedures, workflows, and models to optimize operational efficiency.
- Collaborate with external vendors and internal business partners to resolve issues and implement process improvements.
- Work closely with management to prioritize and implement improvement opportunities.
Required Qualifications, Capabilities, and Skills:
- Minimum of 3 years of experience managing Real Estate and Oil & Gas insurance industry operations.
- Strong expertise in Real Estate, Oil & Gas, and insurance fields.
- Excellent coordination and communication skills to work with internal and external stakeholders.
- Experience in conducting insurance assessments and preparing financial reports.
- Ability to collaborate effectively across multiple lines of business, suppliers, and various levels of management.
- Excellent written and verbal communication skills.
- Strong attention to detail and organizational skills.
- Must be able to work efficiently and independently.
- Highly proficient in Microsoft Suite of Applications, including Access, Excel, OneNote, and PowerPoint.
Preferred Qualifications, Capabilities, and Skills:
- Insurance License.
- Strong resilience when working in high-pressure, deadline-oriented environments.
- Ability to prioritize and manage multiple simultaneous responsibilities.
- Flexible “can-do” approach.