Commercial Insurance Risk Analyst I
The Commercial Insurance Risk Analyst I is responsible for supporting the administration of the company-wide insurance (P&C and Professional lines), reinsurance, and captive insurance programs.
Essential Functions :
- Collaborate with various departments to collect, organize, and analyze the organization's exposure and claims data.
- Responsible for the preparation and submission of the annual Insurance Renewal Applications.
- Obtain and organize documentation for all insurance policy renewals and modifications.
- Communicate with broker regarding insurance coverage additions, changes, and modifications throughout the year.
- Maintain, update, and distribute Insurance policy information throughout the organization as necessary.
- Work with third-party broker of record to manage certificate of insurance requests.
- Assist with implementation of all claims and coverage reporting requirements.
- Assist the Risk Director and Managers as needed with the integration of newly awarded and / or acquired insurance plans and entities.
- Support overall Risk team with tracking and analysis of reinsurance claim reimbursement activity
- Help to create and maintain short and long-term reinsurance claim forecasts
- Assist with internal and external audit requests related to insurance programs and captive insurance entity
- Perform other Risk team functions as requested
Education and Experience :
Bachelor's Degree or equivalent years of relevant work experience is requiredMinimum of one (1) year of risk management, claims, finance, data analysis, or related experience is requiredP&C and Professional lines insurance experience preferredCompetencies, Knowledge and Skills :
Microsoft Office ProficientExcellent verbal and written communication skillsDemonstrated organizational skills, including judgment / decision making, and the ability to work effectively with others at all levelsAbility to process large volumes of data in great detailDemonstrates analytical / problem solving skills to perform a variety of complicated tasksPossess critical thinking / listening skillsAbility to interact with all levels of management as well as external stakeholdersLicensure and Certification :
NoneWorking Conditions :
General office environment; may be required to sit or stand for extended periods of timeCompensation Range : $53,400.00 - $85,600.00
CareSource takes into consideration a combination of a candidate's education, training, and experience as well as the position's scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. In addition to base compensation, you may qualify for a bonus tied to company and individual performance. We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.
Compensation Type (hourly / salary) : Salary
Organization Level Competencies
Create an Inclusive EnvironmentCultivate PartnershipsDevelop Self and OthersDrive ExecutionInfluence OthersPursue Personal ExcellenceUnderstand the BusinessThis job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer. We are dedicated to fostering an inclusive environment that welcomes and supports individuals of all backgrounds.