Insurance Specialist

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
2 days ago