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Luminace

Manager, Insurance

Luminace, New York, New York, us, 10261

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Candidates should have a good understanding of property/casualty insurance coverages, various bond types to and from the Luminace business, markets, and risk management concepts. Candidates shall also identify risks and insurance exposures relevant to Luminace’s core operations. Candidates must be resourceful and efficient, willing to work in a fast‑paced environment, as well as being flexible and reliable with a positive 'can‑do' disposition.

Key Responsibilities

Coordinate with and support in‑house team, working closely with the insurance service providers

Review and respond to requests from internal and external stakeholders including analysis of data, policies, processes, and regulatory requirements

Manage all Insurance claims and advocate for the business on complex matters

Coordinate claim correspondence, relevant documentation, and data gathering for claims

Review and analyze trends in risk exposures with regular frequency

Conduct audit of existing insurance programs for assets

Manage projects with Broker partners and third‑party vendors, compile data, work with Corporate Insurance team on renewal strategy, market submissions, and renewal process

Manage risk and control surveys and engineering reports

Manage third party vendors in obtaining insurance reports

Assist in the placement of surety bonds, obtaining insurance reports and COI’s

Manage, review and distribute COI’s to customers as required by contracts

Manage, review and distribute all surety bonds to project counterparties and stakeholders as required by contracts

Review and provide feedback on insurance provisions of third‑party contracts/financing agreements

Review and coordinate on financing related annual insurance reporting

Assist in the procurement of representation and warranty insurance for acquisitions and dispositions

Track insurance market updates (new entrants, changing appetite, evolving value propositions) and report on notable trends to impacted portions of our business

Manage various tasks such as presentations and training, insurance summaries and administrative guidance for portfolio companies

Organize and maintain accurate insurance records related to communications, renewals, loss surveys, invoicing, premium allocation, premium estimates, etc.

Support and collaborate with stakeholders across the business

Evaluate severity of deficiencies, identify root causes and develop clear, concise, practical recommendations and ensure timely remediation

Review and update internal controls documentation as needed (risk‑control matrices, narratives, flowcharts, and testing plans)

Preparation of premium allocations

Assist with monitoring and supporting the optimization of critical business processes and procedures

Provide advice and recommendations as necessary to strengthen and optimize internal controls

Manage the on/offboarding for new projects onto our insurance policy

Qualifications & Experience

Bachelor’s degree with minimum five (5) years' related experience (risk management, insurance carrier, broker)

Industry relevant certifications (CIP, FCIP, CRM, or equivalent) preferred but not required

Demonstrated and proven project management or coordination skills

Strategic thinker with strong analytical skills and problem‑solving ability

Demonstrated and proven ability to work effectively in a team environment and maintain positive interpersonal relationships

Experience working with insurance organizations is considered an asset

Strong verbal, written communication and presentation skills

Strong influencing skills: ability to present points of view effectively and gain support for their position while balancing technical and business considerations

Ability to identify risks and recommend cost‑effective internal controls

Experience working with growing organizations with changing needs and multiple complex business transactions

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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