Vice President, Private Markets Insurance

About this role
Overview
We are recruiting for a Vice President of Insurance reporting to the Managing Director and head of insurance for BlackRock. This individual will be based in New York and support insurance activities at all our US-based fund portfolio companies.
Key Responsibilities:
Partner with portfolio companies on the following insurance activities: initiating and assisting in broker RFPs; connecting and leveraging insurance broker and insurer network; offering options for portfolio-wide insurance solutions; providing benchmarking and analytics; and securing optimal claims outcomes
Lead the administration of portfolio-wide insurance solutions
Coordinate insurance due diligence and representations and warranties insurance on portfolio company acquisitions and dispositions
Provide hands-on insurance support to investment and legal teams, including fielding technical questions and providing trends in insurance industry
Maintain relationships with key insurance broker and insurer partners
Develop and enhance insurance-related processes and procedures
Review and monitor insurance policy data in our centralized insurance reporting system
Review and provide guidance on insurance provisions in contracts
Provide administrative support on invoicing and cost allocations
Desired Qualifications
Bachelor’s degree required
5-10 years of insurance experience, preferably working within or supporting private equity or private infrastructure companies
Basic knowledge of insurance coverages
Exceptional verbal and written communication skills; must be able to articulately present complex technical concepts in a concise and understandable way to senior internal and external audiences
Ability to work in a fast-paced environment with multiple ongoing deliverables and tight deadlines
Strong organizational, analytical and problem-solving skills
Excellent collaboration and team building skills
Good judgment and impeccable ethics; desire to succeed in a demanding, innovative, entrepreneurial environment
Proficiency in Power Point, Excel, Word and using AI tools (e.g., Copilot, ChatGPT)

For New York, NY Only the salary range for this position is USD$145,000.00 - USD$173,500.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
Guidance on AI use for candidates
At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.