Sutter Health

Insurance Specialist III

Sutter Health$117K — $176K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Business, Finance, or a related field (equivalent experience accepted).
  • 5 years recent relevant experience in commercial property and casualty insurance.
  • Advanced knowledge in commercial insurance and data analysis, including developing models and reporting.
  • Working understanding of contract provisions related to indemnification and insurance contracts.
  • Expert analytical and project management skills, with the ability to analyze complex data.

Responsibilities

  • Implement system-wide commercial lines of property and casualty insurance.
  • Build and oversee various insurance programs including liability and professional insurances.
  • Prepare renewal specifications and evaluate quotes for insurance policies.
  • Develop proactive risk management programs and offer recommendations to mitigate risk.
  • Review and negotiate contract language related to insurance and indemnification.

Benefits

  • Hybrid work model with flexibility (2 days in-office).
  • Comprehensive benefits package.
  • Opportunity to work in a multidisciplinary team environment.
  • Access to advanced tools and technology, including Microsoft Office programs.
  • Professional growth with exposure to various types of insurance and risk management processes.
Full Job Description
Organization:
SHSO-Sutter Health System Office-Valley

Position Overview:
Working as part of the Insurance Finance team and collaboratively with departments across the organization, this position will be responsible for the implementation of certain system-wide commercial lines of property and casualty insurance for Sutter Health.

Builds and oversees insurance programs that may include property, automobile, pollution legal liability, cyber/privacy, managed care liability, directors and officers liability, employment practices liability, excess workers' compensation, fiduciary, crime, aviation, medical professional liability, and other lines of insurance as assigned based on knowledge and experience.

Experience in property, construction, builders' risk, and owner-controlled insurance programs (OCIP) specifically desired. Familiarity with captives and self-insurance preferred.

Responsible for preparing renewal specifications & evaluating quotes, reviewing policy language, budgeting, evaluating adequate limits & retentions, claims coordination & support, participating in underwriter meetings, and other duties as required to ensure insurance policies are renewed timely and effectively.

Identifies risk, develops pro-active risk management programs and offers recommendations to mitigate risk or loss throughout the organization. Reviews & negotiates contract language related to insurance and indemnification.

This is a hybrid role with at least two days a week in office (Sacramento).

Job Description:

EDUCATION:
Equivalent experience will be accepted in lieu of the required degree or diploma.
  • Bachelor's in Accounting, Business, Finance, or related field


TYPICAL EXPERIENCE:
  • 5 years recent relevant experience


SKILLS AND KNOWLEDGE:
  • Advanced knowledge of of commercial property & casualty insurance, data analysis, developing data models and reporting.
  • Working knowledge of contract provisions as related to indemnification clauses and insurance contracts.
  • Solid understanding of financial planning, analysis and budgeting process.
  • General understanding of healthcare business processes, organization, and workflows.
  • Exceptional organizational and project management skills required, including the demonstrated ability to prioritize tasks, manage multiple projects simultaneously, and complete deliverables.
  • Attention to detail with time management and organization skills, including attention to detail, clear documentation, diagnostic capabilities and problem-solving skills.
  • Expert analytical and project management skills, including the ability to analyze data and information, reach practical conclusions, recommend corrective actions, resolve conflicts, and institute effective changes.
  • Verbal and written communication skills with the ability to obtain relevant information and investigate sensitive facts.
  • Advanced skills with Microsoft Office programs, including Excel, Access and PowerPoint.
  • Leverage vast detailed knowledge and familiarity with insurance concepts, policies, requirements, and best practices effectively.
  • Identify key concepts, factors, and risks based on conversations and surveys, and then document them in clear and concise narrative or graphic reports.
  • Work independently, as well as part of a multidisciplinary team, while demonstrating organization skills.
  • Identify and solve complex problems, generate actionable recommendations, and make informed decisions based on the analysis of multiple sources of information while providing new perspectives on existing solutions.
  • Maintain strict confidentiality and ensure the privacy of each patient's protected health information (PHI) as well as the confidentiality of all insurance and risk management data.
  • Build collaborative relationships with team members, peers, other departments, stakeholders, external agencies, and outside vendors.


Job Shift:
Days

Schedule:
Full Time

Days of the Week:
Monday - Friday

Weekend Requirements:
As Needed

Benefits:
Yes

Unions:
No

Position Status:
Exempt

Weekly Hours:
40

Employee Status:
Regular

Pay Range is $117,436.80 to $176,155.20 / annual salary

The compensation range may vary based on the geographic location where the position is filled. Total compensation considers multiple factors, including, but not limited to a candidate's experience, education, skills, licensure, certifications, departmental equity, training, and organizational needs. Base pay is only one component of Sutter Health's comprehensive total rewards program. Eligible positions also include a comprehensive benefits package.

About Sutter Health

Sutter Health is a not-for-profit health system in Northern California, headquartered in Sacramento. It includes doctors, hospitals and other health care services in more than 100 Northern California cities and towns. Major service lines of Sutter Health-affiliated hospitals include cardiac care, women’s and children’s services, cancer care, orthopedics and advanced patient safety technology.
Learn more about Sutter Health
Size
58,000 employees
Industry
Founded
1981

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