Commercial Insurance Risk Analyst I

Job Summary:

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 required
• Minimum of one (1) year of risk management, claims, finance, data analysis, or related experience is required
• P&C and Professional lines insurance experience preferred

Competencies, Knowledge and Skills:

• Microsoft Office Proficient
• Excellent verbal and written communication skills
• Demonstrated organizational skills, including judgment/decision making, and the ability to work effectively with others at all levels
• Ability to process large volumes of data in great detail
• Demonstrates analytical/problem solving skills to perform a variety of complicated tasks
• Possess critical thinking/listening skills
• Ability to interact with all levels of management as well as external stakeholders

Licensure and Certification:

• None

Working Conditions:

• General office environment; may be required to sit or stand for extended periods of time

Compensation Range:

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):

Organization Level Competencies

• Create an Inclusive Environment

• Cultivate Partnerships

• Develop Self and Others

• Drive Execution

• Influence Others

• Pursue Personal Excellence

• Understand the Business