Insurance Specialist
The Insurance Specialist will play a critical role in maintaining PRC’s risk management infrastructure and supporting operational excellence across the organization. The individual must be detail-oriented and experienced in managing insurance portfolios. This role is responsible for overseeing insurance operations from start to finish, including policy renewals, claims management, and coverage for company vehicles. The individual will serve as the primary liaison between PRC, insurance carriers, legal counsel, and internal departments to ensure compliance, cost control, and timely resolution of insurance-related matters. This role helps protect company assets and minimize exposure through proactive insurance administration and claims coordination.
Key Responsibilities
Insurance Administration
- Prepare and submit renewal applications for all insurance policies, including Management, Construction, HOA, Workers’ Compensation, and Auto.
- Review and process insurance invoices; maintain accurate premium schedules and payment records.
- Provide Certificates of Insurance to lenders, homeowners, and other stakeholders as needed.
- Monitor deductible costs and assist in managing insurance-related expenses.
- Maintain organized records of all insurance documentation and correspondence.
Claims Management
- Gather and submit documentation for insurance claims, including property, liability, and auto.
- Collaborate with the legal department on litigation matters related to insurance claims.
- Track claim status and ensure timely follow-up with carriers and internal stakeholders.
Compliance and Reporting
- Ensure all insurance policies meet regulatory and contractual requirements.
- Prepare data for audits and internal reporting.
- Support the VP & Controller with insurance-related collections and reconciliations.