Senior Risk Analyst

Senior Risk Analyst

Description

We are looking for a talented Senior Risk Analyst to join our team specializing in Finance for our Corporate/CBS Segment in Indianapolis, IN.

In this role, you will make an impact in the following ways:

• Partner with captive administrator, actuaries, and consultants to provide technical analysis and support on financial transactions and claim-related matters for the captive and risk management team.
• Provide analytic support on domestic and international insurance programs, including Property, Marine, General Liability, Professional liability, Crime, Auto, Products liability, and Employers Liability.
• Prepare complex and interpretive financial analyses and reports.
• Coordinate captive financial aspects, including monthly and year-end financial reports, investment, tax, and captive service level agreement.
• Monitor renewal progress and premium cessions by lines with Global Risk Managers.
• Perform cash management, including approval of payments.
• Coordinate collection and review of data by line of coverage in support of actuarial loss studies for policy renewals and budget determination.
• Participate in regular claim review and analysis, including monthly captive insurance company reporting, quarterly large claim review with the Claims team and third-party claims administrator.
• Provide analysis and oversight of various large property and casualty claims; perform claim trend analysis and monitoring.
• Prepare and facilitate captive meetings, including the annual Board of Director meeting in Vermont, quarterly Advisory Committee meetings, and quarterly finance reviews.
• Manage financial transactions of acquired group captive insurance programs and run-off insurance programs; manage internal communications, tracks/monitors third-party captive administrator.

• Financial Analysis
• Ensures accountability
• Action oriented
• Manages ambiguity
• Collaborates
• Customer focus
• Optimizes work processes
• Problem Solving
• Project Management
• Captive Management
• Insurance Acumen

• College, university, or equivalent degree required in Finance, Accounting, Treasury or Insurance related field.

• Intermediate level of relevant professional work experience in the field of study required.

• Analytic support on domestic and international captive programs and coordination of renewals.
• Lead actuarial process with appropriate data collection and consolidation of information.
• Responsible for captive financial aspects.
• Support on annual budget process and Service Level Agreement cross charges.
• Regular claim review and analysis.
• Manage and facilitate various captive meetings.
• Collaborate with internal stakeholders and captive vendors.
• Support large projects with risk management efforts and initiatives.
• Manage summer intern process and arrangement.