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Insurance Procurement Jobs (NOW HIRING)

Strategic Education

Procurement Manager

Insurance & Risk Coordination * Coordinate the day-to-day administration of the organization ... Procurement Program & Business Partnership * Develop and improve procurement policies, procedures ...

Strayer University

Procurement Manager

Minneapolis, MN · On-site

$107 - $160/hr

Insurance & Risk Coordination * Coordinate the day-to-day administration of the organization ... Procurement Program & Business Partnership * Develop and improve procurement policies, procedures ...

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Insurance Procurement information

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$14

$31

$52

How much do insurance procurement jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for insurance procurement in the United States is $31.80, according to ZipRecruiter salary data. Most workers in this role earn between $23.32 and $37.50 per hour, depending on experience, location, and employer.

What is insurance procurement?

Insurance procurement refers to the process of identifying, evaluating, and purchasing insurance policies to protect an individual or organization against potential risks or losses. This process involves assessing the insurance needs, researching available policies, soliciting bids from insurance providers, and selecting the most appropriate coverage based on cost and terms. Insurance procurement can apply to a wide range of insurance types, including property, liability, health, and more, depending on the needs of the person or business. Professionals in this field often work closely with insurance brokers, agents, and underwriters to ensure adequate coverage is obtained.

What are the key skills and qualifications needed to thrive in insurance procurement?

To thrive in Insurance Procurement, you need a solid understanding of risk management, insurance products, and procurement processes, often supported by a degree in business, finance, or a related field. Familiarity with contract management systems, insurance databases, and procurement software such as SAP Ariba or Oracle Procurement is typically required. Strong negotiation, analytical thinking, and communication skills help professionals build relationships with insurers and secure optimal terms. These skills are vital to effectively manage organizational risk, control costs, and ensure comprehensive coverage.

What are some common challenges faced in an insurance procurement role, and how can they be addressed?

One common challenge in Insurance Procurement is balancing comprehensive coverage with cost-effectiveness, as it requires thorough market research and negotiation with multiple providers. Professionals in this role often need to stay updated on changing regulations and policy options, which can be time-consuming. Collaborating closely with internal stakeholders to accurately assess risk exposure and coverage needs is crucial. To address these challenges, cultivating strong provider relationships, leveraging data analytics for informed decision-making, and regularly reviewing policy performance are recommended industry practices.

What is the difference between Insurance Procurement vs Insurance Underwriter?

AspectInsurance ProcurementInsurance Underwriter
Required CredentialsTypically requires a bachelor's degree in business, finance, or related fields; certifications like CPCU or ARM are commonRequires a bachelor's degree in finance, economics, or related; professional certifications such as CPCU or FCAS are often preferred
Work EnvironmentOffice-based, collaborating with insurance providers and internal teamsOffice or remote, assessing risks and determining policy terms
Employer & Industry UsageUsed by insurance companies, brokers, and large corporations for sourcing insurance policiesEmployed by insurance companies to evaluate and price risks

Insurance Procurement focuses on sourcing and negotiating insurance policies, while Insurance Underwriters assess risks and determine policy terms. Both roles require similar credentials and often work within the insurance industry, but their core responsibilities differ significantly.

Is insurance procurement a stressful career?

Insurance procurement can be demanding due to the need to negotiate contracts, manage vendor relationships, and ensure compliance with regulations. The role often involves tight deadlines and attention to detail, which can contribute to stress levels, but it also offers opportunities for problem-solving and professional growth.
More about Insurance Procurement jobs

What states have the most Insurance Procurement jobs?

States with the most job openings for Insurance Procurement jobs include:

What job categories do people searching Insurance Procurement jobs look for?

The top searched job categories for Insurance Procurement jobs are:

Insurance Procurement jobs near you
Infographic showing various Insurance Procurement job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $66,142 per year, or $31.8 per hour.

Senior Specialist, Insurance & Risk Management

Venturegloballng

Houston, TX • On-site

$94K/yr

Full-time

Re-posted 13 hours ago

Job description

Venture Global LNG ("Venture Global") is a long-term, low-cost provider of American-produced liquefied natural gas. The company's Louisiana-based export projects service the global demand for North American natural gas and support the long-term development of clean and reliable North American energy supplies. Using reliable, proven technology in an innovative plant design configuration, Venture Global's modular, mid-scale plant design will replace traditional designs as it allows for the same efficiency and operational reliability at significantly lower capital cost.

We are seeking qualified applicants for the position:

Senior Specialist, Insurance & Risk Management

Located:

Houston

Summary

We are seeking qualified applicants for the position of Senior Specialist, Insurance & Risk Management located in Houston, TX.

The Senior Specialist, Insurance & Risk Management will focus on accountability for corporate risk mitigation, insurance procurement, and contractual compliance. This role serves as an advisor to internal stakeholders, ensuring risk transfer and optimized coverage across all corporate and project operations and agreements. The ideal candidate blends technical insurance expertise with a proactive approach to claims management, policy administration, and process improvement. This position is in-office, Monday through Friday.

General Description Duties & Responsibilities

  • Analyze contracts to identify risk exposures and gaps
  • Collaborate with internal teams to enforce proper risk transfer strategies
  • Support the annual marketing and placement of corporate insurance programs
  • Evaluate binders, policies, and endorsements for accuracy and compliance
  • Process policy invoices
  • Claim management and administration
  • Standardize departmental efficiency by creating formal processes and procedures
  • Build strong relationships with internal and external stakeholders

Qualifications

Required experience

  • 5+ years experience in Insurance & Risk Management
  • Experience working in or with fast-paced and high-growth companies
  • Strong attention to detail and ability to manage multi-step workflows
  • Claims management (property, general liability, workers comp, auto, etc.)

Required Education

  • Bachelors or equivalent experience

Required Skills

  • Read, understand and analyze contract language with focus on risk and insurance clauses
  • Familiar with commercial insurance coverages
  • Broad understanding of commercial insurance contractual obligations and ability to identify non-compliance
  • Ability to read and understand Acord certificates of insurance
  • Ability to simultaneously manage multiple tasks and track requirements effectively
  • Ability to communicate and collaborate effectively with internal and external stakeholders at multiple levels
  • Strong problem solving abilities

Venture Global LNG is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.

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