Risk Analyst

Risk Management Analyst

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you're looking for.

Position Summary

Performs (technical statistical) analysis of hazard risk historical losses and loss forecasts. Coordinates the compilation of information necessary for the renewal negotiations of the company's hazard risk insurance and captive insurance programs. Supervises the operation of the company's risk management information system in an effective and efficient manner. Provides risk management support to business units as necessary.

Essential Responsibilities

• Performs technical statistical loss analysis, maintains accurate databases of historical losses to measure the frequency and severity of losses and determine the business unit responsible for each loss. Ensures through analysis that the data to be used is sufficient and accurate to develop forecasts of future losses and establish strategies for loss control and loss prevention.
• Supervises the operation of the company's risk management information system by coordination of access, training, system maintenance and oversight of improvements and processes.
• Coordinates the compilation of risk exposure information necessary for the renewal negotiations of the company's hazard risk insurance and captive insurance programs by maintaining detailed files, initiating requests for information from various sources within the company and preparing detailed renewal applications and application supplements.
• Provides risk management support to business units as necessary by arranging for certificates of insurance and surety bonds, providing details of our risk management programs, participating on various committees to provide risk management prospective, development of the Hazard Insurance Web page and other activities as required.
• Reviews and analyzes third party vendor / supplier contracts with respect to insurance and indemnification provisions.
• Analyzes and negotiates losses covered under company insurance contracts and negotiates and prepares third party contracts for approval.
• Adheres to and assists in monitoring Sarbanes Oxley compliance.

Minimum Requirements

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you're ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.