Senior Insurance Risk Analyst (Property & Casualty)

Mightyworks       |    Location:MA       |    Country:United States Of America

<p>Are you interested in a role that will allow you to work as part of the Risk Management Department directly with the Associate Director of Insurance &amp; Risk Management? &nbsp; &nbsp;Are you looking for a stable position with day to day challenges in a cutting edge office? &nbsp;This may be the next step in your career.</p> <p><strong>What will your day look like?</strong></p> <p>You will focus on the implementation of the company&rsquo;s Property &amp; Casualty (P&amp;C) insurance programs, including the in-house Captive Insurance Company. &nbsp;As the Sr. Insurance Analyst, you will prepare and maintain underwriting data, evaluation of insurance policies, claims management, communication of programs to business units and conduct departmental statistical analysis.</p> <p><strong>What&rsquo;s exciting about your role?</strong></p> <p>You&rsquo;ll be privy to cutting-edge science, complex internal customer challenges, and various risk management projects while gaining exposure in the industry.</p> <p>&nbsp;<strong>What are your responsibilities?</strong></p> <ul> <li>Collect and manage current and historical exposure information and prepare annual underwriting submissions on a timely basis for all risk financing/insurance programs</li> <li>Support the management of the clinical trial insurance process and its respective audit</li> <li>Assist in the evaluation of risk financing alternatives and adequacy of limits</li> <li>Coordinate audits of applicable insurance programs</li> <li>Assist with review of insurance terms in contracts</li> <li>Arrange for timely payment of costs associated with risk management and maintain accurate records of risk expenditures, including loss costs</li> <li>Prepare and update clinical trial investigator medical malpractice grid</li> <li>Assist with insurance due diligence reviews for new entities on a global basis</li> <li>Prepare total cost of risk and other analytical reports</li> <li>Maintain insurance exposure database</li> <li>Assist in the preparation of annual insurance budget</li> <li>Manage compliance with state regulations for workers</li> <li>Monitor and report workers compensation and auto liability claim developments</li> <li>Coordinate &amp; review certificates or proof of insurance with third parties</li> <li>Monitor and verify financial condition of insurers</li> <li>Help in the recruitment of University Co-Op</li> </ul> <p><strong>&nbsp;</strong></p> <p><strong>How will you interact with senior management?</strong></p> <ul> <li>Assist in the development of and maintain communication tools for senior management and operating personnel describing insurance policies and programs</li> <li>Update the annual Clinical Trial Insurance Coverage Summary and other pertinent documentation as required</li> <li>Provide expertise in policy and coverage interpretation to operating company personnel</li> </ul> <p><strong>What educational background will help you be successful in this role?</strong></p> <ul> <li>College degree; a major in Finance, Accounting, Risk Management and/or Supply Chain is preferred</li> <li>ARM designation or CPCU course work is a plus</li> </ul> <p><strong>What experience is essential?</strong></p> <ul> <li>Minimum of 10 years within a risk management/insurance department, insurance company or brokerage experience handling national or global accounts</li> <li>Demonstrated capabilities in the major areas of responsibilities described above, including captive insurance company operations</li> <li>International business management, finance or insurance &nbsp; &nbsp;&nbsp;</li> </ul> <p><strong>Additional skills to help you excel include:</strong></p> <ul> <li>Excellent oral and written communication skills</li> <li>Customer service focus</li> <li>Strong interpersonal skills; must be able to interface with all levels of personnel at operating units and corporate staff</li> <li>Heavy administrative and organizational skills; must be detail oriented and comfortable working with numbers</li> <li>Computer skills, experienced in Windows environment, MSWord, MS Excel, MS Access, use of online claims data systems</li> <li>Time management skills, flexible and able to handle a variety of tasks simultaneously</li> <li>Ability to work in fast-paced team environment, handling multiple tasks and meeting deadlines</li> <li>Desire to learn and question</li> </ul> <p>&nbsp;</p>