Munich Reinsurance America, Inc
Overview
American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property (including manufactured homes and specialty dwellings) and the recreational market (boats, personal watercraft, classic cars, and more). We write admitted products in all 50 states and have a premium volume of $2.2 billion. Headquartered in Amelia, Ohio, with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Location: Cincinnati, United States. Hybrid schedule (40-50% in the Amelia, Ohio office). Exempt position. Recruiter: Sonya Fischesser. Please add a cover letter with details if you are not local and plan to relocate for the hybrid schedule. Purpose: This role supports Product by managing current third party relationships necessary within the Product Development Life Cycle, policy quote, policy issuance, and policy delivery process. Balancing technical, business, and interpersonal skills, this manager will stay current with industry trends while driving improved innovation, accuracy, and speed into all these processes to ensure seamless integrations with third party vendors, improve data gathered during the quote/issuance process, and enhance customer experience. Roles & Responsibilities
Vendor Management Coordinate technical innovation ideas regarding ease of use, issuance and renewal processes, data and 3rd party rating software with Product Operations & Enablement Manager, Line of Business Leads, Customer Experience, and other Product Owners Conduct regular status meetings with vendors to review current services and discuss future opportunities Evaluate selections of new vendors and vendor tools Procurement and Contracting Work with Procurement to ensure proper pricing, execution, maintenance and filing of all 3rd party agreements Responsible for third party contract development, negotiations, and finalization Strategic Planning and Innovation Creates a vision for all third party integration functions, including decisions on our partners Drives simplicity, accuracy, and speed into insurance transactions Travel to industry conferences to seek new technical opportunities Collaborates with others to develop and plan the third party vendor roadmap Financial Management and Compliance Establish and manage annual budgets around these relationships Drive timely and proper payment to vendor invoices, building a mechanism to validate services rendered Ensure third party activities meet established company guidelines including the North American outsourcing policy Risk Management Manage involuntary market relationships and identify and maintain a list of risks and controls for assigned responsibilities while ensuring compliance and risk mitigation efforts are continually improved Required Technical Skills
Strong interpersonal and analytical skills: ability to work autonomously, communicate effectively, and analyze complex information Insurance industry knowledge: strong understanding of insurance concepts, systems, and processes, including policy administration and third-party integration points Technical skills: proficiency in MS Office Suite, data gathering and manipulation tools (e.g., Access, SQL), and familiarity with software and technology trends Contract management and procurement: basic understanding of contract development, negotiations, and finalization, as well as procurement systems and processes Project management: familiarity with project management principles, including coordination with stakeholders, prioritization of tasks, and management of multiple responsibilities Compliance and regulatory understanding: knowledge of compliance and regulatory requirements, including the North American outsourcing policy, and ability to ensure third-party activities meet established company guidelines Education, Certifications & Designations
Required: Bachelor\'s degree in Finance, Insurance, Accounting or other similar major Preferred: MBA or similar advanced degree, CPCU and/or FCAS Benefits and Perks
Two options for health insurance plan (PPO or High Deductible) Prescription drug coverage Vision and dental insurance plans Short and Long Term Disability coverage Supplemental Life and AD&D plans (employee and dependents) Voluntary Benefit plans (Accident, Critical Illness and Hospital Indemnity) 401k plan with up to a 5% employer match Retirement savings plan that is 100% company funded Paid time off starting at 24 days per year, with additional days on milestone anniversaries Eligibility for yearly bonus as a Munich Re employee Health and wellness programs provided at no cost Hybrid environment offering flexible work location On-site cafeteria, We Proudly Serve coffee shop, and on-site wellness facilities On-site nurse practitioner, wellness center, and walking trails Financial assistance for adoptions and infertility treatment Paid time off for eligible family care needs Tution assistance and educational achievement bonuses Free parking Corporate matching gifts program Paid time off to volunteer in the community We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Applicants requiring employer sponsorship of a visa will not be considered for this position. #LI-SF1
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American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property (including manufactured homes and specialty dwellings) and the recreational market (boats, personal watercraft, classic cars, and more). We write admitted products in all 50 states and have a premium volume of $2.2 billion. Headquartered in Amelia, Ohio, with associates located across the United States, we are part of Munich Re's Global Specialty Insurance division. Location: Cincinnati, United States. Hybrid schedule (40-50% in the Amelia, Ohio office). Exempt position. Recruiter: Sonya Fischesser. Please add a cover letter with details if you are not local and plan to relocate for the hybrid schedule. Purpose: This role supports Product by managing current third party relationships necessary within the Product Development Life Cycle, policy quote, policy issuance, and policy delivery process. Balancing technical, business, and interpersonal skills, this manager will stay current with industry trends while driving improved innovation, accuracy, and speed into all these processes to ensure seamless integrations with third party vendors, improve data gathered during the quote/issuance process, and enhance customer experience. Roles & Responsibilities
Vendor Management Coordinate technical innovation ideas regarding ease of use, issuance and renewal processes, data and 3rd party rating software with Product Operations & Enablement Manager, Line of Business Leads, Customer Experience, and other Product Owners Conduct regular status meetings with vendors to review current services and discuss future opportunities Evaluate selections of new vendors and vendor tools Procurement and Contracting Work with Procurement to ensure proper pricing, execution, maintenance and filing of all 3rd party agreements Responsible for third party contract development, negotiations, and finalization Strategic Planning and Innovation Creates a vision for all third party integration functions, including decisions on our partners Drives simplicity, accuracy, and speed into insurance transactions Travel to industry conferences to seek new technical opportunities Collaborates with others to develop and plan the third party vendor roadmap Financial Management and Compliance Establish and manage annual budgets around these relationships Drive timely and proper payment to vendor invoices, building a mechanism to validate services rendered Ensure third party activities meet established company guidelines including the North American outsourcing policy Risk Management Manage involuntary market relationships and identify and maintain a list of risks and controls for assigned responsibilities while ensuring compliance and risk mitigation efforts are continually improved Required Technical Skills
Strong interpersonal and analytical skills: ability to work autonomously, communicate effectively, and analyze complex information Insurance industry knowledge: strong understanding of insurance concepts, systems, and processes, including policy administration and third-party integration points Technical skills: proficiency in MS Office Suite, data gathering and manipulation tools (e.g., Access, SQL), and familiarity with software and technology trends Contract management and procurement: basic understanding of contract development, negotiations, and finalization, as well as procurement systems and processes Project management: familiarity with project management principles, including coordination with stakeholders, prioritization of tasks, and management of multiple responsibilities Compliance and regulatory understanding: knowledge of compliance and regulatory requirements, including the North American outsourcing policy, and ability to ensure third-party activities meet established company guidelines Education, Certifications & Designations
Required: Bachelor\'s degree in Finance, Insurance, Accounting or other similar major Preferred: MBA or similar advanced degree, CPCU and/or FCAS Benefits and Perks
Two options for health insurance plan (PPO or High Deductible) Prescription drug coverage Vision and dental insurance plans Short and Long Term Disability coverage Supplemental Life and AD&D plans (employee and dependents) Voluntary Benefit plans (Accident, Critical Illness and Hospital Indemnity) 401k plan with up to a 5% employer match Retirement savings plan that is 100% company funded Paid time off starting at 24 days per year, with additional days on milestone anniversaries Eligibility for yearly bonus as a Munich Re employee Health and wellness programs provided at no cost Hybrid environment offering flexible work location On-site cafeteria, We Proudly Serve coffee shop, and on-site wellness facilities On-site nurse practitioner, wellness center, and walking trails Financial assistance for adoptions and infertility treatment Paid time off for eligible family care needs Tution assistance and educational achievement bonuses Free parking Corporate matching gifts program Paid time off to volunteer in the community We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Applicants requiring employer sponsorship of a visa will not be considered for this position. #LI-SF1
#J-18808-Ljbffr