Associate, Insurance and Vendor Management

Galaxy • New York, NY, USA

Last updated 3 weeks ago

•

$130K—$150K

Galaxy

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Job description

Who We Are:

Galaxy is a global leader in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. We believe that blockchain and digital asset innovation will transform how value moves through the world – and we’re building the products and services to make that future a reality.

Our institutional digital assets platform spans trading, investment banking, asset management, staking, self-custody, and tokenization technology. We also invest in and operate cutting-edge data center infrastructure to power AI and high-performance computing, addressing the growing demand for scalable energy and compute in the U.S.

We work at the intersection of finance and technology, helping institutions, startups, and developers navigate a digitally native economy. Led by CEO and Founder Michael Novogratz, our team blends deep crypto expertise with institutional experience and a shared commitment to shaping the future of Web3 and AI.

Galaxy is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia.

To learn more about our businesses and products, visit www.galaxy.com.

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

Seek Excellence.
Be Selective To Be Effective.
Be Highly Aligned, Loosely Coupled.
Disagree Transparently.
Encourage Independent Decision-Making.
Build Dream Teams.

Who You Are:

Galaxy is seeking a seasoned professional with expertise in Insurance and Vendor Management to oversee third-party relationships across the full vendor lifecycle. The role will lead the firm’s approach to assessing, selecting, implementing, and maintaining insurance coverage across all business functions. Additionally, this role is responsible for developing and enhancing Galaxy’s vendor oversight framework, ensuring robust performance monitoring, compliance, and risk mitigation practices.

The ideal candidate is highly organized, detail-oriented, and demonstrates a strong track record of delivering high-quality outputs in fast-paced, dynamic environments. Prior experience in the insurance sector — ideally with direct exposure to policy negotiation, compliance, and vendor due diligence — is essential.

What You’ll Do:
Insurance Management Responsibilities

Own the end-to-end management of all firmwide insurance policies—including coordination, procurement, renewal, and ongoing maintenance.
Partner with operations, finance, legal, and business units to identify insurance requirements aligned with business needs and risk profile.
Serve as the internal point of contact for all insurance-related queries, including coverage interpretation and documentation.
Liaise with brokers, underwriters, and external service providers to facilitate onboarding, diligence, and policy implementation.
Drive cost optimization and ensure favorable terms through negotiation and strategic review.
Respond to due diligence requests from external counterparties, including Certificates of Insurance and policy detail disclosures.
Oversee claims submission and collaborate with internal stakeholders to address emerging risk and control matters.

Vendor Management Responsibilities

Collaborate with the Vendor Management Lead to mature and enhance the vendor management function, working across multiple internal departments.
Develop and implement a comprehensive vendor management policy, including supporting procedures and oversight tools.
Establish a consistent and transparent intake process for all third-party vendor engagements across Galaxy.
Create and maintain a vendor performance dashboard and scorecard to evaluate metrics such as cost-effectiveness, business value, service levels, and resiliency.

Education
: Bachelor’s degree in Business, Risk Management, or a related field required.
Insurance Domain Experience
: At least 5 years of hands-on experience as a broker, underwriter, or risk professional with a deep understanding of insurance coverage, policy structure, and contractual requirements.
Vendor Management Expertise
: Minimum of 3 years’ experience in vendor management, procurement, third-party oversight, or a comparable function—preferably within a regulated or enterprise-level environment.
Carrier Engagement
: Demonstrated track record of working with major insurance carriers, brokers, and underwriters to develop and implement insurance strategies aligned to business needs.
Product Knowledge
: Direct experience managing and negotiating a wide range of commercial insurance products, including but not limited to D&O, E&O, Cyber, Professional Liability, Specie, and other enterprise-level coverages.
Relationship Management
: Proven ability to build, manage, and optimize third-party relationships, including at the executive level, across all phases of the vendor lifecycle.
Strategic Thinking & Execution
: Strong business judgment and the ability to operate independently while balancing strategic priorities with hands-on execution.
Communication Skills
: Excellent verbal and written communication skills, including experience preparing reports and presenting to senior stakeholders.
Attention to Detail
: Meticulous organizational skills with a demonstrated ability to manage complex workflows and deliver high-quality outputs under tight deadlines.
Adaptability & Initiative
: Positive, solutions-oriented mindset with a willingness to take ownership and lead in a fast-paced, evolving environment—no task is too big or too small.
Technical Acumen
: Proficient with tools and systems used in vendor governance, data analysis, and workflow automation; experience implementing performance dashboards and intake processes is a plus.
Sector Experience
: Experience in financial services and/or technology-driven environments preferred; familiarity with global and multi-jurisdictional operations is an asset.

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers\@galaxy.com.