Insurance Specialist at Wakefern Food Corp. in Edison, New Jersey

Posted in Other 6 days ago.

Type: full-time





Job Description:

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway Market® and Gourmet Garage® banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern's co-operative members benefit from the company's extensive portfolio of services, including innovative technology, private label development, and best-in-class procurement practices.

About You
  • As the Insurance Specialist, you will be responsible for supporting the risk management and insurance team in the day-to-day operations of the Risk Management Division. Primary responsibilities include:
  • Management, review, and processing of all Certificates of Insurance (COI).
  • Management of all evidence of insurance including automobile identification cards and workers compensation posting notices.
  • Management of the surety bond program.
  • Assistance with the collection of insurance underwriting data for insurance renewals.
  • Collection, review, and maintenance of all Member mandated insurance policies.
  • Coordination and management of all jurisdictional boiler and machinery inspection processes.
  • Use of various technology systems to successfully perform their duties.

What You'll Do
  • Daily processing of Certificate of Insurance (COI) requests from Wakefern, Members, and third parties
  • Management of vendor Certificates of Insurance through the Coupa and RMIS platforms
  • Manage requests for new surety bonds, identify bonds which should be renewed or canceled, and assist Members with surety bond inquiries
  • Assistance with the collection of data required to complete insurance applications, such as email requests for information, and preparing spreadsheets to summarize Member policy information
  • Initiate calls with the insurance brokers prior to insurance renewals to coordinate the distribution of certificates of insurance, auto identification cards, workers' compensation posting notices, etc.
  • Work with insurance brokers following each renewal to prepare insurance manuals to be posted on the LINK platform
  • Coordinate and manage the Jurisdictional Boiler and Machinery inspection process with the property insurance carriers to ensure all locations are inspected, certificates are distributed and posted, and deficiencies are resolved
  • Review insurance policy documents and be able to identify inconsistencies in the information which was provided
  • Add and update Wakefern and Member locations in Origami
  • Generate email correspondence to advise the Risk Management team and 3rd parties of newly opened or closed locations
  • Request, review and maintain the Members' mandated insurance policies in Origami, and be able to generate reports to summarize this information

What We Are Looking For
  • High School Diploma or equivalent (college graduate preferred)
  • Minimum 1-3 years of insurance experience
  • Strong verbal and written communication skills
  • Exceptional organizational skills and ability to multitask.
  • Strong technical skills (proficient in Microsoft Office)

How you'll succeed
  • Communicate Effectively
  • Drive for Results
  • Develop You
  • Embrace Change
  • Build Relationships
  • Stay Competitive

How you'll work
  • Hybrid schedule - work four days per week in Edison, NJ office. Flexibility to work fifth day at home

Company Perks
  • Vibrant Food Centric Culture
  • Comprehensive medical, dental and vision package
  • Competitive Salary and Paid Time Off
  • Fitness Reimbursement and Well-Being Program
  • Corporate Training and Development University
  • Collaborative team environment
  • Paid Parental Leave
  • 401K
  • Matching Gifts and Community Volunteer Involvement

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