Analyst, Risk & Insurance

Job Description

Job Description

Position Responsibilities may include :

• Gather, analyze and prepare information for insurance underwriting submissions and applications to support the merger and acquisitions insurance portfolio renewal.
• Maintain and monitor data for all insurance purchased under the Portfolio of Coverage.
• Develop reports on current and historical claim activity.
• Routinely update the Risk Management website with current information and documents.
• Facilitate, implement and maintain the Risk Management Software program and be the point person liaising with software provider.
• Prepare, complete all requests for claim and insurance payment and maintain a database of payments.
• Review, analyze and interpret Insurance lease provisions to cross-functional teams (real estate and legal) and orders the appropriate
• Certificate of Insurance (COI) to support the agreement.
• Maintain complete database on certificate of insurance. This includes reviews, issuance and distribution.
• Experience with insurance placement and coverages.
• Quarterly preparation of payroll reports for the claims and insurance mgr. and input daily claims to the database system.
• Ability to develop and analyze trends and metrics to set strategy and objectives for insurance renewals.
• Provide in-depth support to team members.
• Maintain the drug screen allocation spreadsheet.
• 15% travel required.
• Perform additional projects / duties to support ongoing business needs

Nature & Scope :

• Applies advanced knowledge of job area typically obtained through advanced education and work experience.
• Manages projects and processes while working independently and with limited supervision
• Coaches and reviews the work of lower-level professionals problems faced are difficult and sometimes complex; takes a new perspective on existing solutions

Knowledge & Skills :

• Knows and applies fundamental of risk management concepts, practices and procedures
• Has in-depth experience in specialist function
• Effective written and verbal communication skills to provide information in a clear and concise manner and to communicate with a variety of individuals.
• Excellent organizational and time management skills
• Strong attention to detail, high level of accuracy and compliance oriented.
• Excellent analytical skills - data analysis - identify trends and errors within the data and make recommendations based on findings.
• Effective problem-solving skills - effective elimination of root cause of problems using systematic approach.
• Must be able to exercise discretion and independent judgment.
• Ability to work under tight deadlines balancing multiple and competing priorities
• Capable of working as a team member or independently, when necessary, knows when to seek clarity
• Results orientated, dedication to excellence and sense of urgency to achieve business objectives
• Proficiency with Microsoft Office : Outlook, Word, Excel and Power Point

Experience :

• 5 plus years of progressive experience in Risk Management preferably within a high-volume manufacturing environment
• Fully competent professional
• Merger and Acquisition analysis is preferred

Education :

Bachelor’s degree preferred or equivalent experience

Physical Requirements / Work Environment :

Must be able to perform essential responsibilities with or without reasonable accommodations

Reports To :

Manager, Risk Management

Work Location : Hybrid work schedule; 3 days a week in office located at 3033 Campus Drive, Plymouth, Minnesota, 55441

The Company provides equal employment opportunity to all employees and applicants regardless of a person’s race, color, religion (including religious dress or grooming practices), creed, national origin (including language use restrictions), citizenship, uniform service member or veteran status, ancestry, disability, physical or mental disability (including HIV / AIDS), medical condition (including cancer and genetic characteristics), genetic information, request for protected leave, marital status, sex, pregnancy, age (over 40), sexual orientation, gender, gender identity or expression, political affiliation, or any other characteristic protected by law.

The Company will comply with all federal and state regulations and statutes pertaining to individuals with disabilities.

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