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Senior Analyst, Risk Management

AT CVS Health
CVS Health

Senior Analyst, Risk Management

Woonsocket, RI

Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver.

Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.Position Summary

The role of Senior Analyst within the Risk Management Department of CVS Health is responsible for assisting the Director of Insurance with managing risk through the analysis of insurance and indemnification language within all contracts and issuance of certificates of insurance. This position will need to work closely with internal Business Partners to better understand the risks associated with their operations to properly assess the risk to CVS. In addition to contract analysis, this position will assist in the collection, analysis, and input of renewal exposure data for all lines of insurance carried by CVS Health.NOTE: This is a hybrid role with the ideal candidate residing near our Cumberland, RI office. However, all qualified candidates will be considered in other locations.Responsibilities include but not limited to:

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• Review and analyze insurance requirements and indemnification language within contracts.

• Issue and review Certificates of Insurance for policy renewals, events, credentialing, audits, lease administration, etc.

• Guidance on risk exposure to internal and external customers

• Accumulation and review of renewal exposure information

• Collaborate with internal business partners and insurance broker partners.

• Support timely policy renewals by supplying documentation requested by insurance brokers and underwriters.

• Maintain and update the schedule of insurance for all insurance policies carried by the Company.

• Communicate with landlords, property managers, lenders, and agents concerning our insurance programs and adherence to lease obligations.

• Assist in the administrative process of tracking healthcare provider enrollment in state Patient Compensation Funds.Required Experience:

• 3 years' experience in insurance or risk management industry

• Bachelor's Degree or equivalent relevant professional work experience

• Proficient in Outlook, Excel, Word, and PowerPoint

• Excellent written and verbal communication skills

• Strong organizational and time management skills Anticipated Weekly Hours
40Time Type
Full timePay Range

The typical pay range for this role is:$46,988.00 - $112,200.00This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.

In addition to your compensation, enjoy the rewards of an organization that puts our heart into caring for our colleagues and our communities. The Company offers a full range of medical, dental, and vision benefits. Eligible employees may enroll in the Company's 401(k) retirement savings plan, and an Employee Stock Purchase Plan is also available for eligible employees. The Company provides a fully-paid term life insurance plan to eligible employees, and short-term and long term disability benefits. CVS Health also offers numerous well-being programs, education assistance, free development courses, a CVS store discount, and discount programs with participating partners. As for time off, Company employees enjoy Paid Time Off ("PTO") or vacation pay, as well as paid holidays throughout the calendar year. Number of paid holidays, sick time and other time off are provided consistent with relevant state law and Company policies.

For more detailed information on available benefits, please visit Benefits | CVS HealthWe anticipate the application window for this opening will close on: 02/23/2025Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws.

Client-provided location(s): Cumberland, RI, USA
Job ID: CVS-R0493575
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • HSA
    • HSA With Employer Contribution
    • Pet Insurance
    • Mental Health Benefits
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
    • Hybrid Work Opportunities
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
  • Professional Development

    • Tuition Reimbursement
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program