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Chief Operating Officer Insurance Jobs (NOW HIRING)

The COO will be a key member of our senior management team, reporting only to the Chief Executive Officer (CEO). You'll have to maintain control of diverse business operations, requiring efficiency ...

Job Purpose The Chief Operating Officer (COO) is the operational leader of Input Output (IO) and the CEO's peer on running the company. The role owns the business infrastructure that makes everything ...

Chief Operating Officer (COO) Who We Are & What We Do: The Memphis Area Association of REALTORS ® (MAAR) is one of Tennessee's largest local REALTOR ® associations, encompassing Shelby, Fayette ...

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Chief Operating Officer Insurance information

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$41.5K

$151.2K

$269.5K

How much do chief operating officer insurance jobs pay per year?

As of Jul 14, 2026, the average yearly pay for chief operating officer insurance in the United States is $151,203.00, according to ZipRecruiter salary data. Most workers in this role earn between $111,500.00 and $185,000.00 per year, depending on experience, location, and employer.

What is a Chief Operating Officer Insurance job?

A Chief Operating Officer (COO) in the insurance industry is responsible for overseeing the company's daily operations, ensuring efficiency, profitability, and compliance with regulations. They manage key departments, streamline processes, and develop strategies to enhance customer experience and operational performance. The COO works closely with the CEO and other executives to align business goals with market trends and regulatory requirements. Their role is critical in maintaining financial stability, optimizing claims processing, and improving risk management strategies.

What are the key skills and qualifications needed to thrive in the Chief Operating Officer Insurance position, and why are they important?

To thrive as a Chief Operating Officer Insurance, you need extensive experience in insurance operations management, strong analytical and strategic planning abilities, and a relevant bachelor's or master's degree, often in business or finance. Familiarity with insurance agency management systems, regulatory compliance tools, and certifications like CPCU (Chartered Property Casualty Underwriter) or CLU (Chartered Life Underwriter) is highly beneficial. Outstanding leadership, effective communication, and crisis management skills help set top performers apart in this executive position. These competencies are essential for overseeing complex operational processes, ensuring regulatory compliance, and driving organizational growth within the insurance industry.

What are the typical challenges faced by a Chief Operating Officer in the insurance industry?

Chief Operating Officers in the insurance industry often encounter challenges related to streamlining operational processes while maintaining compliance with evolving regulations. Balancing technological advancements—such as implementing new digital platforms—with the need for cost efficiency and customer satisfaction is a frequent concern. Additionally, coordinating cross-departmental teams and aligning operational goals with overall company strategy require strong leadership and adaptability. This dynamic environment offers opportunities for continuous improvement and leadership growth, making it both challenging and highly rewarding for experienced insurance professionals.

More about Chief Operating Officer Insurance jobs
What cities are hiring for Chief Operating Officer Insurance jobs? Cities with the most Chief Operating Officer Insurance job openings:
What are the most commonly searched types of Chief Operating Officer Insurance jobs? The most popular types of Chief Operating Officer Insurance jobs are:
What states have the most Chief Operating Officer Insurance jobs? States with the most job openings for Chief Operating Officer Insurance jobs include:
What job categories do people searching Chief Operating Officer Insurance jobs look for? The top searched job categories for Chief Operating Officer Insurance jobs are:
Infographic showing various Chief Operating Officer Insurance job openings in the United States as of July 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $151,203 per year, or $72.7 per hour.
Chief Operating Officer

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Re-posted 16 days ago


Job description


POSITION SUMMARY

The Chief Operating Officer (COO) position directs, administers, and coordinates the internal operational activities of the organization in accordance with policies, goals, and objectives established by the Chief Executive Officer and the Board of Directors. Leads and directs the following functions and/or business units: operations, human resources, information systems, traffic, new business coordination, and agency promotion and communication. Assists the CEO in the development of organization policies and goals that cover operations, personnel, financial performance, and growth of the functions and/or business units mentioned above. The COO provides the leadership, management, and vision necessary to ensure that the facility has the proper operational controls, administrative and reporting procedures, and people systems in place to effectively grow the organization and to ensure financial strength and operating efficiency. The position accomplishes this through a respectful, ethical, constructive and energetic style, guided by the mission and objectives of the hospital. 

POSITION QUALIFICATIONS

This position requires a minimum of a Bachelor's Degree, with a Master's Degree preferred.  Three (3) years managerial experience in a healthcare institution in the specific management functions of finance, strategic planning, and community education of health programs required. The position requires a person with knowledge of organization policies, procedures, systems and objectives. Excellent leadership skills with demonstrated ability to effectively lead in a changing environment. Knowledge of governmental regulations and compliance requirements. He/she must be skilled in planning, organizing, prioritizing, delegating and supervising. Must have the ability to anticipate and react calmly in emergency situations. 

The duties and responsibilities are listed below.  It is the expectation of the institution that the employee be able to demonstrate competency in each area. It is the duty of the institution to provide orientation and performance evaluation in each area stated.

DUTIES AND RESPONSIBILITIES

  • Directs internal operations to achieve budgeted results and other financial criteria, and to preserve the capital funds invested in the enterprise.
  • Participates in the development and preparation of short-term and long-range plans and budgets based upon broad organization goals and objectives.
  • Directs the development and installation of procedures and controls, to promote communication and adequate information flow, and thereby solidify management control and direction of the enterprise.
  • Develops and establishes operating policies consistent with the CEO's broad policies and objectives and insures their adequate execution.  Appraises and evaluates the results of overall operations regularly and systematically, and reports these results to the CEO
  • Insures that all activities and operations are performed in compliance with local, state, and federal regulations and laws governing business operations.
  • Develops and maintains a sound plan of organization.  Establishes policies to insure adequate management development and to provide for capable management succession for those functions/business units falling under his/her responsibility.
  • Oversee daily operations of the company and the work of management (IT, EVS, Materials, Medical Records, Social Services/Case Management, Maintenance, Safety/Security, Dietary, Communications and Marketing)
  • Evaluate performance by analyzing and interpreting data and metrics
  • Write and submit reports to the CEO in all matters of importance
  • Plan, develop, organize, implement, direct and evaluate the organization's fiscal function and performance. 
  • Participate in the development of the hospital's plans and programs as a strategic partner. 
  • Evaluate and advise on the impact of long range planning, introduction of new programs/strategies and regulatory action. 
  • Enhance and/or develop, implement and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the hospital. 
  • Establish credibility throughout the organization and with the Board as an effective developer of solutions to business challenges. 
  • Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth with emphasis on opportunities (where possible) of individuals. 
  • Improve the budgeting process on a continual basis through education of department managers on financial issues impacting their budgets.
  • Develop performance measures that support the hospital's strategic direction.