Insurance Specialist (Finance) Position Available In Shelby, Tennessee

Insurance Specialist (Finance) Shelby County Government – 3.6 Memphis, TN Job Details Full-time $3,805.41 – $4,970.83 a month 1 day ago Qualifications Public accounting Enterprise software Mid-level 3 years Bachelor’s degree Risk analysis Contracts Full Job Description Position Summary The Insurance Specialist coordinates acquisition of the County’s insurance, including but not limited to, Property/Liability, Cyber Liability, Medical Practitioner Liability and Public Official Bonds. This position is responsible for managing the filing of claims, coordinating with insurance carriers and brokers, reviewing major contracts to ensure adequate coverage, and working with the County Attorney’s Office on legal matters related to claims. The Insurance Specialist also performs various tasks related to the County’s insurance programs, ensuring adequate risk management and compliance with statutory requirements.

Pay Grade:

51 Salary Commensurate with Experience and Education Minimum Qualifications 1. Three (3) years of experience working with property insurance, insurance policies; AND 2. Bachelor’s degree from an accredited college or university in business administration, public administration, accounting, or related field; OR 3. An equivalent combination of related education and/or experience. 4. Knowledge of understanding governmental purchasing procedures is preferred. 5.

PROOF OF EDUCATION, TRAINING, AND/OR EXPERIENCE IS REQUIRED.

Duties and Responsibilities 1. Coordinates acquisition of the County’s insurance, including but not limited to Property/Liability, Cyber Liability, Medical Practitioner Liability, and Public Official Bonds. 2. Prepares and manages RFPs for major insurance coverages and coordinates the solicitation of bids with Purchasing and insurance brokers, ensuring competitive and appropriate coverage options. 3. Files and manages claims when a loss occurs, ensuring accurate documentation is submitted and facilitating the claim resolution process until claims are paid or closed. 4. Acts as the County’s primary contact, serving as the “claims agent” for insurance claims involving vehicles, equipment, property, and employees. 5. Coordinates with departments to ensure timely and thorough submission of claims documentation. 6. Administers the acquisition and maintenance of public official bonds as required by law, including the initiation of bond procurements when changes in officials occur. 7. Assists in filing claims related to public official bonds and ensures compliance with applicable statutes. 8. Oversees the County’s self-insured Tort Liability Fund, tracking and reviewing claims, and coordinating with the County Attorney’s Office on legal matters related to claims. 9. Reviews all transactions within the Tort Liability Fund to ensure proper handling and adherence to County policies and procedures. 10. Collaborates with departments to identify and analyze insurance needs, promote loss prevention, and ensure compliance with insurer requirements. 11. Works with relevant departments to address emerging risks and recommends adjustments to insurance coverage as necessary. 12. Coordinates with Contracts Administration and Purchasing to ensure that insurance requirements for vendors and contractors providing goods and services to the County are met. 13. Reviews coverage amounts and other details of insurance coverage provided by contractors. 14. Performs other duties as assigned to ensure the continued success and integrity of the County’s insurance programs and risk management strategies. 15. Performs other related duties as required or directed. KSAs 1. Extensive knowledge of commercial insurance, including policy servicing, underwriting, claims filing, investigation, and settlement processes. 2. Understanding knowledge of risk management principles, risk analysis, and loss prevention strategies. 3. Proficient knowledge of insurance procurement processes, standard contract provisions, and risk transfer concepts. 4. Ability to comprehend and manage complex policy and contract provisions while considering broader organizational risks and objectives. 5. Strong interpersonal skills, with the ability to engage professionally and tactfully with County officials, staff, insurance carriers, and the public. 6. Knowledge of enterprise systems for tracking insurance claims, financial transactions, and insurance-related data is a plus. 7. Ability to commit to staying updated on laws, regulations, and industry standards that impact insurance programs and risk management activities. Disclaimer This position is subject to a background check for any convictions that have a substantial relationship to potential job duties. Only convictions that are substantially related to potential job duties will be considered and will not automatically disqualify the candidate.

Exempt :

Yes Type :

Full-Time Department :

Finance