Insurance Manager

Job Title: Insurance Manager

Department: Risk & Insurance

Location: NYC/Hybrid

Summary

The Insurance Manager will oversee the management and administration of Payoneer’s global insurance programs, including Directors & Officers (D&O), Errors & Omissions (E&O), Cyber, Professional Indemnity (PI), Crime, Property & Casualty (P&C) and Alternative Risk Products. This role will also manage local insurance policies across subsidiaries and collaborate closely with brokers and advisors to optimize coverage, manage risk, and align insurance strategies with the company’s broader financial and operational goals.

This position plays a critical role in supporting Payoneer’s capital resilience model, M&A due diligence and integration, and additional strategies, ensuring insurance-related risks are identified, assessed, and effectively managed. The Insurance Manager will work cross-functionally with Finance, Legal, regional entities and Departments to support risk transfer strategies and operational resilience.

Primary Duties and Responsibilities:

• Insurance Program Administration: Manage the lifecycle of insurance policies, including oversee the placement, renewal, and administration of D&O, E&O, Cyber, PI, Crime, P&C, and Alternative Risk Products in coordination with brokers and advisors.
• Subsidiary & Local Policies: Ensure subsidiaries maintain adequate and compliant coverage, aligning local policies with corporate risk strategy.
• Broker & Advisor Management: Act as the primary liaison with brokers, insurers, and external advisors to optimize coverage and manage claims.
• Operations & Policy Management: Maintain and continuously improve all insurance documentation, policy records, claims history, and certificates of insurance.
• Capital Model Integration: Work with Finance and Risk teams to assess the impact of insurance costs and risk retention strategies on the capital resilience model.
• Strategic Risk Management: Align insurance strategies with corporate objectives, business expansion, and emerging risks.
• Mergers & Acquisitions (M&A): Conduct insurance due diligence for M&A transactions, ensuring seamless integration of acquired entities into Payoneer’s operating environment.
• Risk Transfer & Alternative Solutions: Evaluate alternative risk financing structures and captive solutions where appropriate.
• Claims Management: Oversee and facilitate insurance claims from initiation to resolution, ensuring efficient resolution in collaboration with Legal and Risk teams.
• Regulatory & Compliance Alignment: Ensure insurance programs align with applicable regulatory requirements and corporate governance standards.
• Other duties as assigned: Support the broader Enterprise Risk & Operational Resilience team with various tasks as well as internal and external stakeholders

Qualifications:

• 5+ years of experience in insurance risk management, brokerage, or underwriting, preferably within fintech, payments, or financial services
• Strong knowledge of D&O, E&O, Cyber, PI, Crime, P&C and Alternative Risk Products
• Experience managing global insurance programs and coordinating with international subsidiaries
• Familiarity with capital models, financial risk management, and leasing structures
• Exposure to M&A insurance due diligence and integration
• Strong project management skills with the ability to coordinate across multiple departments
• Strong understanding of global insurance markets, financial risk management, and corporate strategy

Technical Skills:

• Proficiency in insurance analytics, risk assessment tools, and financial modeling
• Ability to interpret and negotiate insurance contracts and policy terms
• Strong understanding of insurance claims handling and risk transfer mechanisms
• Working knowledge of regulatory insurance requirements across multiple jurisdictions
• Advanced skills in Excel, PowerPoint, and risk management software with the ability to create data-driven reports and presentations for senior leadership

Education and Experience:

• Bachelor’s degree in Finance, Risk Management, Business, or a related field
• Professional certifications (preferred): ARM (Associate in Risk Management), CPCU (Chartered Property Casualty Underwriter), or RIMS-CRMP

Certificates and Licenses:

• Insurance-related certifications such as ARM, CPCU, or equivalent preferred
• New York-based insurance licensing is a plus

What we offer: 

• Excellent medical, dental, and vision insurance (individual plan 100% covered) and FSA 
• 401K with employer match 
• Fitness reimbursement
• Generous PTO, paid holidays, and parental leave  
• Learning and development opportunities   
• Fun office culture with supportive leadership
• Community engagement opportunities
• Relaxed dress code

Join the Payoneer Family - check out Our Values and apply today!

Payoneer is committed to fostering a diverse and inclusive workplace. Payoneer is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, ancestry, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law. If you are interested in applying for employment with Payoneer and need special assistance or an accommodation to use our website or to apply for a position, please email RecruitmentUS@payoneer.com. Determinations on requests for reasonable accommodation are made on a case-by-case basis.

In accordance with New York City Law, below is the annual base salary range for this position. Actual annual base salary is based on, but not limited to: experience, education, professional licenses, location and business needs. The position is eligible for health insurance, disability insurance, life insurance, 401k plan, paid-time off, and sick (and where applicable safe) leave. This position is also eligible for a discretionary year-end bonus.

The annual base salary range for this position is: $100,000-$140,000

#LI-DL1