Junior Insurance Manager
6 days ago
Position Summary: The Insurance Manager will be responsible for developing, managing, and optimizing A&K Travel Group’s global insurance portfolio, including marine, liability, aviation, property, tour operator, and specialty program needs. This role serves as a key business partner to operations, legal, leadership, destination management partners (DMCs), and commercial teams, ensuring adequate coverage, regulatory compliance, risk mitigation, and claims oversight across all divisions.
Lead the design, placement, and administration of global insurance programs, including hull & machinery, protection and indemnity, off vessel liability, war risk, surety (in certain cases), liability, directors and officers, property and casualty, crime, workers compensation, etc.
Analyzes global risk exposures and implements risk mitigation strategies for existing risks and ones introduced due to the acquisition of assets or other transactions.
Manages the day-to-day operation of all corporate insurance programs for opportunities for improved cost, terms, limits, and risk transfer efficiency.
Evaluates coverage needs for new corporate acquisitions of operations or property.
Serves as the primary relationship/contact person for all broker(s), underwriters, claim handlers, and other insurance-related personnel. This responsibility includes keeping the relevant individuals informed of Company information and playing a leading active role in crisis management and other critical event situations.
Manages major claims and loss activity across the business, ensuring timely reporting, documentation, and resolution.
Establish and enforce insurance standards for suppliers, DMCs, and third-party partners.
Coordinate with legal, operations, and insurers to protect company interests and financial outcomes.
Manages other insurance-related functions, including approval and processing of insurance premium invoices for payment, claim handling/processing, policy audits, due diligence reviews, etc.
Reviews and proposed language/terms for contracts, agreements, bids, proposed transactions, special coverage requests, and other company arrangements for necessary indemnification, insurance requirements, and other related risk management objectives.
Evaluate insurance certificates and policies to ensure coverage adequacy, compliance with company requirements, and risk exposure transparency.
Provides input for, and reviews, corporate insurance plan budgets and forecasts, and explanations for variances thereto.
Maintain documentation and reporting for audits, regulatory filings, renewals, and senior leadership presentations.
Bachelor’s degree in Business, Risk Management, Insurance, Maritime Studies, or related field.
Minimum 7–10 years of progressively responsible experience in insurance or risk management, preferably in travel, cruise, maritime, or hospitality sectors.
Strong understanding of marine, P&I, liability, and multi-jurisdiction insurance structures.
Experience managing brokers, underwriters, and claims.
A&K offers a large portfolio of competitive benefits to all eligible, fulltime employees. Some benefits are provided at no cost to the employee, such as group life insurance, short-term and long-term disability, and travel discounts through the use of an IATAN Travel Professional card. Other elective benefits include medical, dental, and vision insurance, supplemental life insurance, pre-tax healthcare and dependent FSAs, and a 401(k) plan with a generous company match.
We celebrate diversity and are committed to creating an inclusive environment for all employees.
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