Director of Public Entity Insurance Administration

Bridge Specialty Group

$150K — $180K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Current NJ Property & Casualty insurance license required
  • Minimum of 5 years of public entity insurance experience or equivalent property and casualty experience
  • Proficient in MS Office Suite
  • Exceptional customer relation skills
  • Bachelor’s degree preferred
  • Experience in a supervisory or management role

Responsibilities

  • Develop understanding of regulations for joint insurance funds in New Jersey
  • Identify markets for public entity business placement
  • Incorporate procedures for servicing alternative risk placements
  • Evaluate risk exposures and appropriate coverages for public entity insurance
  • Prepare marketing and underwriting data, condensing material into Excel
  • Review policies and quotes for accuracy and compliance
  • Assist in administrative services for joint insurance fund

Benefits

  • Comprehensive health benefits including medical, dental, and vision
  • Financial benefits such as ESPP, 401k, and tuition reimbursement
  • Free mental health services and enhanced advocacy support
  • Paid time off, holidays, and partner discounts
Full Job Description
Brown & Brown is seeking a Director of Public Entity Insurance Administration to join our growing team in Parsippany, NJ!

To work jointly with the Profit Center Leader, division producers, claims administration and support staff in the placement and servicing of public entity accounts that are in a joint insurance fund administrated by the profit center.

How You Will Contribute:

  • Develop a full understanding of the regulations governing joint insurance funds in the State of New Jersey.

  • Identify all markets and other alternative risk mechanisms for the placement of public entity business.

  • Understand and incorporate procedures that are required by alternative risk placements in the servicing of new and existing business.

  • Be proficient in the knowledge of public entity insurance so to identify risk exposures and applicable coverages.

  • Assist in the compilation and preparation of marketing and underwriting data and the ability to condense material into excel worksheets as required by carriers.

  • Review quotations, policies, endorsements and audits for accuracy.

  • Meet established time frames of reporting as required by the State regulations governing joint insurance funds.

  • Assist in providing administrative services to the joint insurance fund in accordance with State regulations.

  • Delegate to support staff specific assignments and monitor for thoroughness and completion within given timeframes.

  • Assist support staff and producers with any service related matters.

  • Attend meetings as required by the profit center manager.

Licenses & Certifications:

  • Must have a current a valid NJ Property & Casualty insurance license.

  • High School certificate.

Skills & Experience to be Successful:

  • Minimum of five years of public entity insurance experience or equivalent property and casualty experience.

  • Proficient with MS Office Suite

  • Exceptional customer relation skills

  • Bachelor’s Degree (preferred)

  • Prior experience in a supervisory or management position.

Pay Range

$150,000.00 - $180,000.00 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
  • Mental Health & Wellness: Free Mental Health &Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

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