Insurance and Risk Analyst
Insurance and Risk Analyst
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$ 100000 - 125000
1 Vacancy
Job Description
Begin your Composites One career today!
Position Overview:
Under the general direction of the VP of Finance the Insurance and Risk Analyst is responsible for overseeing all aspects of the Corporate Insurance Program. This comprehensive role includes coverage placement claims administration contracting loss forecasting and reporting and analysis. The Insurance and Risk Analyst will work cross-functionally with internal departments and external partners to identify and mitigate risks ensure appropriate insurance coverage and support the organizations overall risk management goals. Success in this role requires strong analytical skills effective communication and the ability to collaborate across teams.
Key Responsibilities:
Risk Assessment Analysis & Cost Management
- Identify evaluate and prioritize risks across the organization.
- Benchmark insurance costs and coverage; recommend cost-effective improvements.
- Partner with internal departments to ensure comprehensive risk identification.
- Assist in preparing loss analyses and budgets.
Insurance Policy & Claims Management
- Procure and manage a wide range of insurance policies (property liability D&O cyber etc.).
- Review renew and negotiate insurance policy terms conditions and premiums.
- Maintain documentation for all active policies and issue certificates of insurance.
- Oversee claims reporting tracking and resolution in coordination with relevant stakeholders.
- Serve as the main liaison between the company and brokers carriers and consultants.
Reporting Documentation & Compliance
- Prepare and present insurance and risk-related reports to the VP of Finance.
- Ensure accurate recordkeeping of policies claims premiums and compliance requirements.
- Track and maintain up-to-date certificates of insurance from vendors and third parties.
Cross-functional Collaboration & Communication
- Work closely with Legal to review insurance language in contracts.
- Collaborate with the Health Safety and Environment (HS&E) team to support a culture of proactive risk management.
- Educate internal teams on insurance policies processes and procedures.
- Advise management on coverage options exclusions and emerging risk trends.
Expected Skills and Qualifications:
Minimum of 5 years of progressive experience in corporate insurance risk management or a related field.
Experience with policy placement renewals claims administration and broker/vendor management.
Bachelors degree in Risk Management Insurance Finance Business Administration or related field.
Proficiency in Microsoft Excel Word and PowerPoint.
Ability to learn ERP (e.g. SAP) EPM (e.g. OneStream) and BI (e.g. Incorta) systems.
Familiarity with reviewing insurance language in contracts.
Strong oral and written communication skills.
Ability to influence advise and collaborate effectively with internal and external partners.
- Highly organized and detail-oriented with the ability to manage multiple priorities.
Preferred Skills and Qualifications:
Professional certifications such as ARM (Associate in Risk Management) or CPCU (Chartered Property Casualty Underwriter).
Experience with a broad portfolio of insurance products (e.g. property liability D&O E&O cyber).
Working knowledge of vendor compliance and risk-related documentation.
Travel:
- Occasional travel may be required based on business needs.
The annual salary range for this position in the specified geographic location is $100000 - $125000The actual salary will be based on factors such as location experience skills and qualifications. In addition to the base salary employees may be eligible for discretionary bonuses and a comprehensive benefits package.
Discover a Fulfilling Career:
At Composites One our Team Members are the cornerstone of our success. Each role is essential in helping us provide exceptional service to our Customers. We cultivate a culture of empowerment and opportunity fostering both personal and professional growth.
We believe in driving success and appreciating achievement. Our Team Members are eligible for annual bonuses and profit sharing because when the company thrives we all benefit. Join us and be part of a Team where your hard work and dedication are valued and together we achieve great things.
Respect Teamwork and Communication are Woven into our Core Values:
Our guiding principle of Respect Teamwork and Communication embodies the spirit of our Core Values. We uphold these principles every day as we strive to make a positive impact for our Customers our Team and the world around us.
Benefits:
Explore our comprehensive health retirement wellness and professional growth programs in detail here.
Commitment to Diversity Equity and Inclusion
At Composites One all qualified applicants are considered for employment without regard to race color religion sex national origin age marital status sexual orientation gender identity veteran status disability or other protected classification as defined by applicable law and regulation.
ADA Accommodations
Accommodations are available for applicants with disabilities in all phases of the application and employment process. To request accommodation please contact the ADA Coordinator by email at .
Required Experience:
IC
Employment Type
Full-Time
