Role Description
The Senior Risk Analyst is responsible for supporting the organization's enterprise risk management, insurance programs, claims administration, compliance reporting, and business continuity efforts. This role serves as a key liaison among operations, finance, legal, human resources, safety, insurance brokers, and third-party administrators to ensure effective management of risk exposures and insurance-related activities.
The ideal candidate has 3-5 years of experience in risk management, insurance, finance, accounting, compliance, or a related field and brings strong analytical skills, attention to detail, and the ability to manage multiple projects and deadlines.
Position Responsibilities may include, but not limited to:
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Insurance Program Administration
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Coordinate annual renewals for property, casualty, workers' compensation, cyber, management liability, professional liability, aviation, and specialty insurance programs
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Gather and validate renewal data from finance, operations, logistics, human resources, and other departments
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Serve as the primary coordinator for insurance applications and underwriting requests
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Work with brokers and carriers to support policy renewals, marketing efforts, and coverage reviews
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Track insurance policies, renewal dates, certificates, and compliance requirements
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Certificate of Insurance (COI) Management
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Manage vendor and contractor certificate of insurance compliance
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Coordinate certificate requests with insurance brokers and third-party vendors
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Monitor insurance expiration dates and follow up on renewals
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Support development of centralized processes and systems for vendor insurance tracking
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Claims Management & Reporting
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Administer auto, workers' compensation, property, and liability claims-tracking processes
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Coordinate claim submissions with insurance carriers, brokers, safety personnel, and operational teams
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Maintain claims databases and reporting tools
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Analyze loss trends and prepare reports for management review
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Support claims investigations and settlement documentation as needed
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Workers' Compensation Administration
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Support workers' compensation reporting and compliance activities
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Prepare payroll and exposure data for premium audits and state reporting requirements
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Coordinate annual workers' compensation true-up processes
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Assist with state-specific reporting requirements and premium submissions
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Risk Analysis & Reporting
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Analyze insurance, claims, and operational risk data to identify trends and opportunities for improvement
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Develop dashboards, metrics, and management reports
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Monitor key risk indicators and support enterprise risk initiatives
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Assist with budgeting and forecasting related to insurance and risk management expenses
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Contract & Vendor Support
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Review insurance requirements contained in client and vendor agreements
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Assist internal stakeholders in evaluating contractual insurance obligations
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Collaborate with Legal and Contracting teams regarding insurance-related contract language
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Administrative Responsibilities
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Maintain risk management records, reporting files, and documentation
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Manage relationships with insurance brokers, third-party administrators, and service providers
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Coordinate annual audits and compliance submissions
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Support special projects within finance, legal, compliance, and operations
Qualifications
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Bachelor's degree in Risk Management, Finance, Accounting, Business Administration, Economics, Insurance, or a related field
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3-5 years of experience in risk management, insurance, finance, accounting, compliance, or a related analytical role
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Strong analytical and problem-solving skills
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Advanced proficiency in Microsoft Excel
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Experience with data analysis, reporting, and spreadsheet modeling
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Excellent organizational and project management skills
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Strong written and verbal communication abilities
Requirements
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Experience with insurance renewals, claims administration, or workers' compensation programs
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Knowledge of commercial insurance coverages and risk financing concepts
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Experience working with brokers, carriers, or third-party administrators
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ARM, CRIS, CPCU, or another risk management certification, or willingness to pursue one
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Experience in healthcare, manufacturing, logistics, food production, or another highly regulated environment
Benefits
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PTO, holiday pay and holiday of choice
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401(k) match
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Life insurance
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Short-term disability
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Health, dental and vision insurance
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Maternity/paternity leave
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Health savings account (HSA)
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Flex spending accounts (FSA) β health and dependent