Job Description
Corporate Insurance (CI) is part of the Chief Administrative Office and is responsible for negotiating, structuring and administering worldwide insurance programs for JPMorgan Chase (JPMC) businesses and operations. This includes managing a captive insurance company, claims, loss control and contract reviews.
As a Corporate Insurance Analyst within the Corporate Insurance team, you will be instrumental in managing a variety of insurance programs. Your role will encompass risk assessment and mitigation, effective execution of insurance strategies, and contributing to the success of our insurance initiatives. Your versatility and eagerness to learn about insurance will be highly valued. Occasionally, you will also assist other areas of Corporate Insurance, including reviewing insurance clauses in contracts and providing proof of insurance to various business lines across the company as required.
Job responsibilities:
- Assist with the renewal of corporate and LOB specific insurance programs including preparing various insurance renewal submissions, obtaining underwriting data throughout the organization, completing applications, attending meetings with insurance brokers and underwriters.
- Review insurance requirements proposed in various leases, client agreements and vendor contracts as well as assist internal sourcing team with insurance provisions and requirements related to RFPs, etc.
- Work closely with various business units and serve as a corporate insurance representative relative to LOB issues and questions.
- Upload new policies to the firm's RMIS database
- Provide consultation to the various lines of business regarding coverage questions including appropriate amount and extent of insurance coverage required.
- Prepare renewal presentations and schedules of insurance for review by management.
- Manage exposure reporting as required under various insurance programs.
- Support the claims management process for non-casualty claims, including coordination with the lines of business, TPAs and collection of loss data
- Handle certificate of insurance submissions on behalf of JPMC.
Required qualifications, capabilities, and skills:
- Bachelors degree with a concentration in business, risk management or insurance.
- General knowledge and experience related to property, casualty and/or management/professional liability insurance.
- Strong oral and written communication skills.
- Self-starter / highly organized / detail oriented / ability to multi-task
- Ability to analyze financial information.
- Proficient in Excel, Word and PowerPoint
Preferred qualifications, capabilities, and skills:
- Risk Management Information System knowledge preferred
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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