Analyst, Risk Management

About the Role

What You'll Do

• Support the Insurance renewal process by collecting key data from Brands/Business Units to develop insurance specifications and insurance applications for applicable lines of insurance

• Support the Insurance budget process by collecting key data from Brands/Business Units and prepare Risk Management budget allocations to Brands/Business Units

• Prepare and communicate the monthly financial forecast for Risk Management’s Insurance Budget    

• Prepare true-ups for the Workers Compensation and General Liability claims based on the actuary report

• Support the annual Domestic Casualty audits to confirm payroll and sales information provided during the insurance renewal

• Validate and process invoices for claim administrator, insurance premiums and consultants

• Request Certificates of Insurance from broker to comply with Company’s contractual obligations

• Manage required Bond Guarantees process including placement, raise or lower existing limits, and payment processing of bonds as needed by 3rd parties

• Support quarterly Bond reporting process

• Create requisitions/POs in our financial system and process all Risk Management invoices for payment processing

• Manage monopolistic state workers compensation billing

• Proactively explore and implement ways to improve the accuracy and efficiency of existing processes

Perform ad hoc analyses and provide decision support as requested

Who You Are

Qualifications:

• Must have strong organizational and time management skills

• Strong analytical and problem-solving skills

• Strong ability to convey ideas clearly and concisely in both written and verbal communications

• Excellent interpersonal skills with an ability to move effectively within and across many organizational boundaries

• Strong sense of accountability and ownership

• Ability to build strong working relationships

• Skilled in managing multiple processes, priorities and projects

• Demonstrated initiative and ability to work independently

• Willingness to ask questions and work collaboratively

• Understanding of basic accounting and finance concepts

• Excellent Excel skills and knowledge of financial systems (Oracle strongly desired)

• Basic understanding of risk financing techniques a plus

Minimum educational level:

• BA/BS degree in Business related field

Minimum experience:

• Risk Management and/or Insurance experience a plus

• Finance/corporate accounting experience a plus