Risk and Insurance Analyst

Schaumburg, IL - USA

Yearly Salary: $ 64811 - 89116

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

Location:

Schaumburg Illinois United States

Job ID:

R0117259

Date Posted:

Company Name:

HITACHI HIGH-TECH AMERICA INC.

Profession (Job Category):

General Management

Job Schedule:

Full time

Remote:

Job Description:

HITACHI HIGH-TECH AMERICA INC.

POSITION DESCRIPTION

POSITION TITLE: Risk and Insurance Analyst

DIV/DEPARTMENT NAME: (HTA) Corporate F&A (CRT)

REPORTS TO: Assistant Manager Risk Management

POSITION STATUS: Full Time

WORK LOCATION: (HTA) CGO (Schaumburg IL)

Note: Position must be local and commutable to the Schaumburg IL area.

WORK STYLE DESIGNATION: Hybrid (50% Remote)

WORK STYLE REQUIREMENT: Remote 4 days/Onsite 1 day

FLSA STATUS: Exempt

TRAVEL REQUIRED: Occasional (U.S. or International)

POSITIONS SUPERVISED: None

EXPECTED PAY RANGE:$64811.80-$89116.23 annually

This pay range is for the positions base salary only. This position may be eligible for other compensation including incentive pay and/or allowances. Candidates will receive additional information during the interview and selection process.

PRIMARY RESPONSIBILITIES

(E) Insurance policy renewal and annual maintenance (50%)

Gathers analyzes and coordinates the collection of data for insurance renewals in collaboration with insurance brokers and internal HTA staff.
Prepares insurance applications and obtains necessary internal approvals before submitting insurance applications to insurance brokers.
Obtains and stores key insurance policy documentation (ex. applications quotes binders policy copies invoices policy correspondence).
Updates property values by location and asset type.
Insurance policy or risk transfer methods involvement includes but is not limited to general liability auto workers compensation property technology E&O D&O Fiduciary Crime Cyber Credit Cargo & Warehouse letters of credit and surety bonds .
Set up and facilitate insurance broker regular action item meetings to drive open issues to closure.
Coordinate the successful completion of any insurance policy audits required by insurers.
Obtain invoices submits for approval and ensures timely payment.
Maintain department insurance budget and communicate budget status to key stakeholders.
Provides ad hoc reports such as insurance schedules or risk analyses as requested.

(E) Business Continuity / Crisis Management Program (15%)

Carry out BCP Program assigned project tasks helping ensure the BCP/Crisis Management program is running effectively.
During times of active BCP/Crisis incidents attends meetings provides input and completes assigned action items.

(E) Insurance claims (25%)

Works closely with HTA members insurance brokers and insurance companies to ensure claims are administered timely and appropriately.
Documents activity in real-time following department document management and project management software procedures.
Develops and maintains claim reports publishing reports to key stakeholders as requested.
Identifies claim trends and recommends loss prevention techniques

(E) Sales Division Support (10%)

Facilitate certificate of insurance issuance through HTAs insurance broker and help provide certificates to HTA members customers or vendors.
Performs contract reviews and evaluates appropriate insurance requirements for vendors doing business with the organization. Ensures evidence of insurance is received and renewed in a timely manner.
Provide support for annual audit activity Sarbanes Oxley compliance and other regulatory requirements.

EDUCATION LICENSES AND/OR CERTIFICATION REQUIREMENTS

Bachelors Degree required with major area of study in Finance Accounting or Business Administration preferred
Associate Risk Management (ARM) certification (preferred)

EXPERIENCE AND TRAVEL REQUIREMENTS

1-3 years insurance or finance related experience (Preferred)
(NE) Property insurance experience (Preferred)

SKILLS AND ABILITIES REQUIREMENTS

SAFETY REQUIREMENTS

Strong organizational and time management skills. Follows the department project management process:
- Create and maintain project plans for insurance policies or special projects.
- Update activity in real-time for project tasks in the department project planning software.
- Meet task deadlines or negotiate extensions for deadlines (in advance of deadlines).
Ability to understand business processes and collaborate well with business partners.
Excellent communication and interpersonal skills.
Knowledge of Microsoft tools (i.e. excel share point power point access etc)
Strong computer skills required (MS Office Suite including Word Excel Power point) required.
Experience working with large data files in Microsoft Excel preferred (Vlookups/pivot tables) Microsoft Word (mail merge).
Excellent verbal and written English communication skills; and the ability to disseminate data.

Equal Opportunity Employer (EOE)

Hitachi High-Tech America Inc. is an equal opportunity High-Tech America Inc. is committed to equal employment opportunities for qualified applicants without discrimination on the basis of actual or perceived of race (including traits historically associated with race such as natural hairstyle) color national origin ancestry religious creed age sex sexual orientation gender (including gender expression and gender identity) marital status registered domestic partner status family status military and veteran status domestic violence victim status medical condition (including genetic characteristics) physical or mental disability pregnancy or any other legally protected characteristic or status.

If you require reasonable accommodation in completing this application interviewing completing any pre-employment testing or otherwise participating in the employee selection process please direct your inquiries to

Required Experience:

Location:Schaumburg Illinois United StatesJob ID: R0117259Date Posted:Company Name:HITACHI HIGH-TECH AMERICA INC.Profession (Job Category):General ManagementJob Schedule:Full timeRemote:NoJob Description:HITACHI HIGH-TECH AMERICA INC.POSITION DESCRIPTIONPOSITION TITLE: Risk and Insurance AnalystDI...