Director of Public Entity Insurance Administration

Posted 6 Hours Ago
Be an Early Applicant
Parsippany, NJ, USA
In-Office
150K-180K Annually
Senior level
Fintech • Insurance • Software • Financial Services
The Role
Lead placement and servicing of public entity accounts administered in New Jersey joint insurance funds. Ensure compliance with state JIF regulations, identify markets and alternative risk placements, prepare underwriting and marketing data (Excel), review policies and endorsements, meet regulatory reporting deadlines, provide administrative services, supervise support staff, and assist producers with service issues.
Summary Generated by Built In

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

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. 

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

Skills Required

  • Current valid NJ Property & Casualty insurance license
  • High School certificate
  • Minimum of five years public entity insurance experience or equivalent property and casualty experience
  • Proficient with MS Office Suite (including Excel)
  • Exceptional customer relation skills
  • Prior supervisory or management experience
  • Bachelor's Degree
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The Company
23 Employees
Year Founded: 2006

What We Do

Arrowhead Programs offers one of the largest portfolios of insurance program business worldwide, spanning commercial, personal, professional liability, public entity and specialty insurance. In collaboration with top-rated insurance companies, our managing general underwriters and program administrators deliver a portfolio of niche offerings to address the specialized needs of policyholders.

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