Insurance Risk Analyst
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Job Location:
Lewisville, TX - USA
Monthly Salary:
Not Disclosed
Posted on:
3 days ago
Vacancies:
1 Vacancy
Department:
Job Summary
About Prime
Introducing Prime Controls L.P.
Established in 2004 Prime Controls L.P. is a family-owned Systems Integration and I&C Construction firm dedicated to meeting clients industrial automation and control requirements. As a Main Automation Contractor we offer comprehensive solutions supported by our sizeexpertise and extensive experience. With a professional team of 1000 employees Prime Controls serves customers nationwide from our Dallas Texasheadquartersand offices throughout the United States. Our mission is to deliver the highest quality professional services while prioritizing our employees well-being and fostering an exceptional workplace environment.
Overview
What You Will Do
As an Insurance Risk Analyst you will support the companys risk management strategy with a primary focus on insurance compliance cost control and administration of Owner Controlled Insurance Programs (OCIP). This role is responsible for maintaining accurate insurance records managing contractor compliance coordinating with insurance carriers and providing analytical insight to ensure appropriate coverage across construction projects.
You will work closely with internal stakeholders external brokers carriers and subcontractors to ensure insurance requirements are met while balancing risk exposure and cost efficiency.
A Typical Day at Prime Controls
- Maintain and manage the Certificate of Insurance (COI) database for all construction projects ensuring accuracy and compliance
- Administer and oversee various Owner Controlled Insurance Programs (OCIP) including enrollment reporting ongoing compliance and cost reconciliation
- Coordinate subcontractor enrollment in OCIP and track participation exclusions and status changes
- Review insurance coverage requirements in contracts and confirm alignment with company and project needs
- Monitor and support Workers Compensation General Liability Builders Risk and other project-related insurance programs
- Assist with claims management including documentation reporting and coordination with carriers and brokers
- Analyze insurance data from audits claims and financial reports to identify trends risks and opportunities for cost savings
- Serve as a liaison between Prime Controls insurance carriers brokers and project teams
- Support internal and external audits related to insurance and risk programs
- Prepare reports and summaries for leadership related to insurance coverage claims activity and risk exposure
- Partner with Safety Legal Finance and Project Management teams to support overall risk mitigation efforts
What You Will Bring
The Basic
- 35 years of experience in insurance administration risk management or a related role
- Working knowledge of construction insurance wrap programs including OCIP/CCIP/ROCIP
- Understanding of Workers Compensation General Liability Builders Risk and subcontractor insurance requirements
- Strong analytical skills with the ability to interpret claims data audits and financial reports
- Excellent organizational skills and attention to detail
- Strong communication skills and ability to work with internal teams and external partners
- Proficiency in Microsoft Office and database or tracking systems
The Preferred
- Bachelors degree in Risk Management Finance Business Administration or a related field
- Experience in construction engineering or industrial environments
- Familiarity with insurance audits claims processes and contract insurance language
- Experience working directly with insurance brokers and carriers
Benefits
What We Offer
Full-time employees enjoy a comprehensive benefits package including:
- Health Dental and Vision coverage
- Flexible Spending Account(s)
- Employee Stock Ownership Program (ESOP)
- Generous Paid Time Off
- 401(k) with company match
- Company-sponsored events and team activities
Work Environment & Physical Demands (Text Only)
Physical requirements and work environment expectations vary by position. Generally roles at Prime Controls may involve moderate noise occasional exposure to outdoor weather conditions and depending on the role work at heights or around airborne particles and electrical components. Physical activities may include standing walking sitting climbing balancing stooping kneeling crouching or crawling as well as the use of hands arms and voice communication. Some roles may require lifting and/or moving up to 50 pounds. Vision requirements may include close vision distance vision and the ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
EEO
As a federal contractor Prime Controls is required to participate in the federal governments E-Verify program which confirms employment authorization of all newly hired employees and most existing employees through an electronic database maintained by the Social Security Administration and Department of Homeland Security. For new hires the E-Verify process is completed in conjunction with the Form I-9 Employment Eligibility Verification on or before the first day of work. E-Verify is not used as a tool to pre-screen candidates.
Required Experience:
IC
Key Skills
- ISO 27001
- Microsoft Access
- Risk Management
- Financial Services
- PCI
- Risk Analysis
- Analysis Skills
- COBIT
- NIST Standards
- SOX
- Information Security
- Data Analysis Skills
About Company
Prime Controls, LP is a Systems Integration and I&C Construction firm specifically structured to meet all of your industrial automation and control needs. We have the size, expertise and experience to take complete responsibility for your industrial automation and control solution.
