Risk Insurance Analyst
Charlotte, NC - USA
Job Summary
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team dedicated to exceeding customer expectations through innovative and sustainable solutions.
Work Arrangement:Hybrid (in office 3 days per week)
- Support the administration of Xylems property casualty and other corporate insurance programs helping ensure smooth day-to-day operations and effective policy management.
- Coordinate insurance renewal and policy administration activities including collecting validating and preparing underwriting and exposure data for Xylems annual insurance renewals to support accurate presentation of the companys risk profile to insurers.
- Maintain the companys insurance policy inventory by tracking policy receipt documenting key policy details in the master insurance database and keeping organized electronic records in designated repositories.
- Review and process insurance premiums and related renewal activity through Xylem financial systems validating amounts and ensuring appropriate approval workflows are followed.
- Manage day-to-day claims activities including claim intake reporting documentation status tracking and coordination with internal stakeholders brokers carriers and third-party administrators.
- Assist with filing new claims gathering supporting documentation monitoring claim progress helping facilitate resolution and ensuring timely follow-up on open matters.
- Monitor analyze and report on claims activity and loss trends to support visibility informed decision-making and continuous improvement efforts.
- Support certificate of insurance requests and provide backup support for the insurance department mailbox coordinating timely responses with internal stakeholders and external insurance partners.
- Track certificates of insurance and related state compliance requirements to help support regulatory and contractual obligations.
- Assist in managing relationships with brokers carriers and third-party service providers that support Xylems risk and insurance programs.
- Respond to ad hoc risk management requests from business units providing guidance documentation analysis and support on insurance and operational risk-related matters.
- Serve as a key point of contact for routine insurance-related questions contract insurance requirements claims support and other risk management inquiries.
- Support business continuity and resilience initiatives as needed and identify opportunities to improve risk management processes controls and reporting.
- Bachelors degree inRisk Management Finance Business Insurance or a related field.
- 36 years of experiencein risk management insurance claims audit or a related discipline.
- Working knowledge ofproperty and casualty insurance programs.
- Strong analytical organizational and problem-solving skills with the ability to manage multiple priorities and deadlines in a dynamic environment.
- Advanced proficiency inMicrosoft Excel; experience withPower BIis preferred.
- Strong written and verbal communication skills with the ability to collaborate effectively across teams and with external partners.
- Experience supporting corporate insurance renewals claims administration policy management or related insurance operations within a corporate environment.
- Exposure to working with brokers carriers and third-party administrators.
- Experience with insurance compliance tracking certificates of insurance and contract insurance requirements.
- Familiarity with business continuity resilience planning or broader enterprise risk management activities.
#LI-RR1
#LI-Hybrid
Join the global Xylem team to be a part of innovative technology solutions transforming water usage conservation and re-use. Our products impact public utilities industrial sectors residential areas and commercial buildings with a commitment to providing smart metering network technologies and advanced analytics for water electric and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.
At Xylem youll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program Xylem Watermark. We prioritize our employees well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace Xylem fosters an inclusive environment free from discrimination or harassment.
Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylems transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation
Required Experience:
IC
About Company
Discover Flygt's innovative submersible pump solutions for various applications, including wastewater, mining, and more. As a leading manufacturer of submersible pumps, Flygt offers reliable and efficient products for your pumping needs. Learn more at Xylem US.