Alliant Insurance Services

Senior Corporate Risk Analyst

Alliant Insurance Services$100K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, finance, or accounting, or equivalent experience
  • Minimum of 5 years in insurance procurement or risk management
  • At least 3 years of experience collaborating with corporate departments and clients
  • Strong background in property & casualty insurance and employee benefits
  • Experience with claim management software and RMIS standards
  • Relevant insurance licenses (CPCU or similar) required
  • Advanced proficiency in Microsoft Office.

Responsibilities

  • Analyze current exposures and develop renewal specifications
  • Identify changes in underwriting data and claim values
  • Collaborate with Claim Managers on management and communication
  • Advise on total cost of risk for insurance premiums and claims
  • Analyze and advise on the insurance renewal process and strategies
  • Coordinate with internal teams for timely handling of DOI's and subpoenas
  • Perform reviews and negotiations on contracts and vendor selections

Benefits

  • Comprehensive health and wellness programs
  • Flexible work arrangements
  • Professional development opportunities
  • Supportive team environment with collaboration
  • Access to a range of employee assistance programs
Full Job Description
SUMMARY

Responsible for continuous collaboration with the team by interacting with internal claim managers, business associates, and brokers; along with outside counsel and third parties. This position is an integral part of the Corporate Risk Management Department in both a technical and operational side of the organization. Duties may include claims reporting and analysis, data analysis and collection, contract reviews and negotiations, large corporate insurance program administration that will include: budgeting, policy summary and language comparison reviews, and other needs as assigned.

ESSENTIAL DUTIES AND RESPONSIBILITIES
Analyzes and compares current exposures and can develop renewal specifications for marketing.

Identifies and proactively addresses year over year changes in underwriting data, general data calculations, and claim values

Collaborates with Claim Managers on claims management, claim reviews, and overall claim communication.

Advises on total cost of risk for insurance premiums, and claims.

Analyzes and Advises on the insurance renewal process, marketing results, and renewal strategies.

Coordinates directly with Claims Managers, Legal and Business teams to ensure timely handling of DOI's and Subpoena's.

Performs reviews and negotiations on: client contracts, RFP request, and Vendor Selection.

Analyzes financial statements.

Collaborates with multiple internal departments, business leaders, brokers and underwriters.

Identifies problems and proactively problem solves.

Provides instruction and training as needed for team members.

QUALIFICATIONS
EDUCATION / EXPERIENCE
Bachelor's Degree in business, finance, accounting or equivalent combination of education and experience

Three (3) or more years of Experience collaborating with corporate departments, clients, attorneys, and carriers

Five (5) or more years of Experience with insurance procurement, placement or insurance risk management

Five (5) or more years of Strong property & casualty background, employee benefits, and/or agency operations

Three (3) or more years of Experience with claim management software, or database management

Experience with Corporate Risk Management Information System (RMIS) data standards, design, reports and data integrity.

Property Casualty Insurance Licenses, Associate in Risk Management, Certified Property and Casualty Underwriter (CPCU)

SKILLS
Ability to work within a team and to foster teamwork

Advanced skills in Microsoft Office products

Excellent verbal and written communication skills

Strong analytical and quantitative skills

Proactive, Advanced planning, organizational and time management skills

Excellent attention to detail and solid problem solving skills

Advanced understanding of insurance policy language and its respective meaning in order to compare for accuracy and analysis

Self management required with high persistency for all renewals, management of projects and initiatives

#LI-DR1

We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.

For immediate consideration for this position, please click on the "Apply" button.

For more information on Alliant Insurance Service's benefits, please visit www.alliant.com/about/careers/benefits

About Alliant Insurance Services

Alliant Insurance Services is one of the largest independent insurance brokerage firms in the United States. The company provides a wide range of insurance products and services to businesses and individuals, including property and casualty insurance, employee benefits, surety bonds, and risk management consulting. Alliant Insurance Services serves clients in a variety of industries, including aviation, construction, energy, healthcare, hospitality, real estate, and technology. The company is committed to providing its clients with innovative solutions and exceptional service, and has a reputation for being a trusted advisor and partner to its clients.
Learn more about Alliant Insurance Services
Size
4,000 employees
Industry
Net Income
$50 million
5 Year Trend
+10%
Revenue
$2 billion

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