Overview
Corporate Insurance & Recovery Manager Jobs in Petah Tikva, Center District, Israel at Tnuva
Title: Corporate Insurance & Recovery Manager
Company: Tnuva
Location: Petah Tikva, Center District, Israel
Corporate Insurance & Recovery Manager
Role Overview:
We are seeking an experienced professional to manage the company's insurance portfolio and oversee end-to-end legal collection operations. In this role, you will serve as the primary focal point for insurance consultants, brokers, underwriters, external law firms, and internal stakeholders. You will be responsible for managing corporate policies, analyzing risk, negotiating renewals, and driving claims and legal collections to successful financial resolutions.
Key Responsibilities:
- Insurance Portfolio Management: Oversee and track all corporate insurance policies (Property, Employers' Liability, Third-Party, D&O, Cyber, etc.). Analyze corporate insurance needs, gather data, complete proposal forms, and tailor coverages to support business activities.
- Negotiations & Renewals: Actively participate in negotiations with brokers and insurance companies to renew policies, optimize coverage, and improve commercial terms.
- Claims Management: Drive the end-to-end claims process—from initial incident reporting and internal document gathering to collaborating with adjusters, legal counsel, and insurers—ensuring maximum recovery and timely compensation.
- Legal Collections: Lead and drive strategic decision-making in the company's legal collection processes from end to end. Analyze performance data and reports, meet collection targets, and manage relationships with customers, debtors, and external law firms.
- Financial Control & Monitoring: Control and audit insurance costs, premiums, deductibles, and legal expenses. Authorize payments and meticulously track refunds, claims payouts, and legal collection recoveries.
- Reporting & Cross-Functional Collaboration: Produce periodic reports on claims status, insurance costs, and collection KPIs. Work closely with insurance consultants, brokers, adjusters, external law firms, and internal Finance and Operations departments.
Requirements:
- LL.B. Degree (Active Bar Member) – Must. (An additional degree in Business Administration or Economics – a significant advantage).
- 3–5 years of experience in corporate insurance management (gained within an insurance company, a major brokerage firm, or a relevant law firm) – Must.
- Deep familiarity with complex commercial insurance policies, the Insurance Contract Law, and the Torts Ordinance – Must.
- Proven experience in legal collections and working directly with external law firms – Must.
- Languages: Native-level Hebrew and high-level English proficiency (including the ability to read and draft legal contracts and complex policies) – Must.
- Technical Skills: Full proficiency in MS Office applications (specifically Excel).
