Principal Risk Management Analyst

Risk Management Analyst

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Northrop Grumman is looking for a motivated Risk Management Analyst to join our Corporate Risk Management team. This role, reporting to the Senior Property & Casualty Insurance Manager, serves as the primary risk management partner for the Defense Systems (DS) Sector.

Key Responsibilities

• Serve as the primary point of contact for DS Sector regarding insurance and risk management.
• Build relationships with DS leadership and functional partners to support business objectives.
• Implement and administer insurance programs for the DS Sector.
• Analyze and identify potential loss areas, determining appropriate insurance coverage and loss protection strategies.
• Manage insurance claims, monitor progress, and assist with claim adjustments.
• Develop and coordinate risk control programs to prevent losses and reduce premiums.
• Identify and assess risks related to new business opportunities and developments.
• Provide advice on contract and subcontract agreements, reviewing subcontracts for appropriate insurance content.
• Gather data on property, aviation, and other exposures to support insurance policy renewals.
• Process certificates of insurance and coordinate with accounting and compliance departments.
• Collaborate with Environmental, Health & Safety and Facilities teams for loss prevention efforts.
• Support the crisis management team and participate in multiple lines of insurance support.
• Assist in preparing applications and underwriting submissions for major insurance lines.
• Prepare reports for management and support directors in meetings with carriers.
• Review policies for compliance with negotiated terms and prepare insurance summaries for business units.

Basic Qualifications

Preferred Qualifications

Primary Level Salary Range : $91,200.00 - $136,800.00

The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions. Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and / or personal business.

Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class.