Director, Insurance - Medical Transportation Management
Chicago, IL 60601
About the Job
At MTM, we are not just colleagues; we are collaborators on a shared mission; communities without barriers. We have exciting opportunities to join our growing team where your work has a direct impact on the communities we serve. Our company culture is one of innovation, collaboration, and growth. If you are passionate, driven, and ready to join a team where your work will directly transform and shape our industry, then we want to talk to you!
What will your job look like?
The Director, Insurance, will oversee and manage MTM’s insurance programs and risk mitigation strategy. The Director, Insurance, will be responsible for maintaining all corporate insurance policies, ensuring adequate coverage, and work closely with Insurance Brokers, Underwriters, Claims Teams, and internal stakeholders to assess and manage risk. This role will be responsible for developing strategies that protect the company’s assets and support long-term business objectives.
What you’ll do:
- Negotiate, evaluate, maintain MTM’s insurance policies and programs including, but not limited to; property and casualty insurance, workers’ compensation, general liability, auto liability, umbrella/excess coverage, flood and earthquake, cyber risk, D&O, fiduciary liability, crime, and employment practices liability
- Determines subrogation options and pursues as appropriate
- Maintain effective relationships with insurance brokers, underwriters and claims handlers and monitor their performance to hold them accountable for delivering value in the insurance underwriting and claims process
- Drive the execution of Alternative Risk Transfer (ART) strategic initiatives including the further development of existing captive
What you’ll need:
Experience, Education & Certifications:
- Bachelor’s degree with a professional qualification in insurance or risk management is required
- 7+ years of experience managing a captive or self-insured environment
- Strong technical insurance background and experience from corporate Risk Management, Underwriting and/or brokering, with a focus on self-insurance
- Experience managing senior/mid-level staff that promotes both results and team cohesiveness
Skills:
- Knowledge and understanding of insurance markets, specifically within auto and general liability insurance products
- Knowledge of large, self-insured retention programs
- Aptitude to analyze and interpret actuarial reports
- Ability to work with all levels within legal and risk functions, including insurance brokers, legal counsel, claims administrators and actuaries
- Adaptability to manage multiple streams of work and multiple relationships in an effective and efficient manner
- Ability to establish influential relationships with external markets including brokers, carriers, customers, industry experts and consultants to bolster innovation
- Ability to understand and interpret contracts and insurance policies
- Interest in alternative risk transfer solutions, multi-year structured programs, multi-line risk transfer, captives or other innovative risk capital solutions
- Entrepreneurial attitude and willingness to challenge status quo ideas
What’s in it for you:
- Health and Life Insurance Plans
- Dental and Vision Plans
- 401(k) with a company match
- Paid Time Off and Holiday Pay
- Maternity/Paternity Leave
- Casual Dress Environment
- Tuition Reimbursement
- MTM Perks Discount Program
- Leadership Mentoring Opportunities
Salary Min: $130,000
Salary Max: $160,000
This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual skills, experience, and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss this with us as you move through the selection process.
Equal Opportunity Employer: MTM is an equal opportunity employer. MTM considers qualified candidates with a criminal history in a manner consistent with the requirements of applicable local, State, and Federal law. If you are in need of accommodations, please contact MTM’s People & Culture.