The Chief Operating Officer reports directly to the CEO of this well-established insurance Trust in Rockville, MD that provides PL coverage for psychologists and other mental health professionals. The COO is responsible for using a broad knowledge of insurance and regulatory frameworks to create and support continuous business growth based on a business/marketing plan which is consistent with the company’s strategic plan. Additionally, the COO will provide oversight and direction of the daily functions for senior level staff providing leadership, management and vision necessary to ensure appropriate controls are in place for operating efficiency. The COO will also be responsible for analyzing legal issues and assuring legal compliance in conjunction with outside General Counsel. The COO assists in protecting the legal interests of the company and assuring legal and regulatory compliance.
Maintain an understanding of the company’s internal operations, set the direction and evaluate how changes must occur to support stability and growth consistent with the Strategic Plan
Serve the role as inside legal counsel, protecting the legal interests of the company, reviewing key documents, contracts and presenting sound recommendations
Recommend expansion of product lines based upon competitive needs
Serve as a negotiating partner and serve as an escalation point for staff as needed with carrier or broker interface
Review and analyze state and federal insurance and licensing regulations to assist in risk management activities
Manage and implement short and long-range departmental/staff goals, objectives and operating procedures consistent with the Strategic Plan
Analyze legal issues and ensure regulatory compliance
Minimum of 8-10 years of corporate insurance industry experience, with C-suite level experience and daily operations of an insurance organization required
JD with admission to a State Bar required
BS/BA and MBA preferred
Strong leadership skills with an ability to gain immediate respect and influence senior management
Expert knowledge of leadership and providing focus and direction of senior level staff
Must have demonstrated success in driving change, advocating new ideas, methods and approaches
A well organized and self-directed individual who is “politically savvy” and a team player
Exceptional communication skills that include listening, facilitation, conflict resolution, negotiation and influence both internally and externally with people at all levels of an organization
Possession of strong relationship building skills and effectiveness in building trust and cooperation across various functional groups
Moderate travel and extended hours required
Additional Salary Information: We offer a business casual environment in a central Rockville, Maryland location, convenient to METRO, MARC, with garage parking in our building. Amazing benefits package including a low-cost platinum CareFirst medical and dental plan, Life insurance, Short and Long-Term Disability insurance, 401(k) with match, Defined Benefit plan, Flex Spending Account, Vision plan and pre-tax transportation payroll deduction. We offer generous PTO (paid time off) and paid holidays.
About American Insurance Trust
Well established Insurance Trust in Rockville, Maryland seeking a COO to join us. Broad insurance and legal background with strong leadership skills .