Position Overview: The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and execute precise corporate premium allocations across business units. The analyst evaluates total cost of risk (TCOR),ensures regulatory compliance, and optimizes claim mitigation strategies.
Location: Onsite in Charlotte, NC with hybrid work schedule
Your Day to Day as an Insurance Risk Analyst: - Renewal Support & Data Modeling: Gathers, compiles, and validates historical underwriting exposure data (e.g., payroll, headcount, property values, fleet sizes) for annual insurance renewals.
- Premium Allocation Management: Develops and executes equitable premium allocation models to distribute insurance costs across various subsidiaries, departments, or geographic regions.
- Claim Review & Analysis: Analyzes incoming claims (e.g., General Liability, Workers' Comp, Property) to ensure they are complete and accurate.
- Third Party Administrators: Manages relationship with Third Party Administrators and provides oversight for complex claims.
- Certificates of Insurance: Manages third-party compliance for certificates of insurance.
- Reporting & Documentation: Maintains accurate, detailed records of claims and prepares comprehensive reports on claim trends and financial impact.
- Communication: Serves as the primary contact for Third Party Administrators, internal safety and internal legal teams, providing clear, professional communication regarding claim status.
Required Qualifications:- Education: Bachelor's degree in Business, Finance, Risk Management, or a related field.
- Experience: Minimum of 2 years' relevant experience in data analysis.
- Analytical Skills: Strong ability to analyze data, interpret insurance contracts, and draw valid conclusions.
- Technical Proficiency: Advanced proficiency in Microsoft Office (specifically Excel) and familiarity with claims management software.
- Communication: Excellent written and verbal communication skills for interaction with stakeholders.
- Attention to Detail: High level of accuracy in reviewing documentation and data entry.
- Must be a U.S. citizen.
- Must be able to obtain and maintain a U.S. Department of Energy (DOE) clearance.
Preferred Qualifications:- 2 - 4 years of experience in insurance claims processing, underwriting, or risk management.
- Relevant industry certifications (e.g., CPCU, AIC, ARM).
- Prior experience with insurance claims and familiarity with insurance policy language.
What We Offer: - Competitive salary and benefits package, including health, dental, and retirement plans.
- Flexible work schedules and paid time off to promote a healthy work-life balance.
- Professional development opportunities, including mentorship programs and sponsorship for continuing education.
- An inclusive atmosphere that celebrates new perspectives and supports collaboration between different generations.
- The chance to be part of a mission-driven organization making a positive impact on the future of energy.
- Opportunities for continuous learning and training to grow throughout your career!
Pay: $65,000 - $103,000
The base salary range for this position in North Carolina (US-NC) at the start of employment is expected to be between $65,000 and $103,000 per year. However, the base salary offered is based on local job market factors, and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations. Subject to these considerations, the total compensation package for this position may also include other elements, such as an annual cash incentive in addition to a full range of medical, retirement, and/or other benefits. Details of participation in these benefit plans will be provided at such time the selected job candidate receives an offer of employment. If hired, the selected job candidate will be employed 'at-will,' unless employed at a location and in a position subject to a collective bargaining agreement. The company further reserves the right to modify base salary (as well as any other discretionary payment, compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and other market factors.
As a federal government contractor, BWX Technologies, Inc. and any subsidiaries, affiliates and related entities ("BWXT" or the "Company") complies with all federal, state, and local laws and customer requirements regarding health and safety protocols. As such, all BWXT new hires will be required to adhere to applicable Company health and safety requirements within the workplace as a condition of employment.
All candidates must be U.S. citizens. Selected applicants are required to successfully complete a pre-employment check and drug screening. In addition, the position may require the ability to obtain and maintain applicable federal eligibility requirements for access to classified/sensitive information or matter which involves an extensive criminal and financial background investigation, drug test, previous employment, and reference verifications.
