Senior Risk Analyst

The Senior Risk Analyst is responsible for supporting the organization's enterprise risk management, insurance programs, claims administration, compliance reporting, and business continuity efforts. This role serves as a key liaison among operations, finance, legal, human resources, safety, insurance brokers, and third-party administrators to ensure effective management of risk exposures and insurance-related activities.

The ideal candidate has 3-5 years of experience in risk management, insurance, finance, accounting, compliance, or a related field and brings strong analytical skills, attention to detail, and the ability to manage multiple projects and deadlines.

Position Responsibilities

Insurance Program Administration

• Coordinate annual renewals for property, casualty, workers' compensation, cyber, management liability, professional liability, aviation, and specialty insurance programs
• Gather and validate renewal data from finance, operations, logistics, human resources, and other departments
• Serve as the primary coordinator for insurance applications and underwriting requests
• Work with brokers and carriers to support policy renewals, marketing efforts, and coverage reviews
• Track insurance policies, renewal dates, certificates, and compliance requirements

Certificate of Insurance (COI) Management

• Manage vendor and contractor certificate of insurance compliance
• Coordinate certificate requests with insurance brokers and third-party vendors
• Monitor insurance expiration dates and follow up on renewals
• Support development of centralized processes and systems for vendor insurance tracking

Claims Management & Reporting

• Administer auto, workers' compensation, property, and liability claims-tracking processes
• Coordinate claim submissions with insurance carriers, brokers, safety personnel, and operational teams
• Maintain claims databases and reporting tools
• Analyze loss trends and prepare reports for management review
• Support claims investigations and settlement documentation as needed

Workers' Compensation Administration

• Support workers' compensation reporting and compliance activities
• Prepare payroll and exposure data for premium audits and state reporting requirements
• Coordinate annual workers' compensation true-up processes
• Assist with state-specific reporting requirements and premium submissions

Risk Analysis & Reporting

• Analyze insurance, claims, and operational risk data to identify trends and opportunities for improvement
• Develop dashboards, metrics, and management reports
• Monitor key risk indicators and support enterprise risk initiatives
• Assist with budgeting and forecasting related to insurance and risk management expenses

Contract & Vendor Support

• Review insurance requirements contained in client and vendor agreements
• Assist internal stakeholders in evaluating contractual insurance obligations
• Collaborate with Legal and Contracting teams regarding insurance-related contract language

Administrative Responsibilities

• Maintain risk management records, reporting files, and documentation
• Manage relationships with insurance brokers, third-party administrators, and service providers
• Coordinate annual audits and compliance submissions
• Support special projects within finance, legal, compliance, and operations

Required Skills and Experience

• A Bachelor's degree in Risk Management, Finance, Accounting, Business Administration, Economics, Insurance, or a related field
• 3-5 years of experience in risk management, insurance, finance, accounting, compliance, or a related analytical role
• Strong analytical and problem-solving skills
• Advanced proficiency in Microsoft Excel
• Experience with data analysis, reporting, and spreadsheet modeling
• Excellent organizational and project management skills
• Strong written and verbal communication abilities

Preferred Skills and Experience

• Experience with insurance renewals, claims administration, or workers' compensation programs
• Knowledge of commercial insurance coverages and risk financing concepts
• Experience working with brokers, carriers, or third-party administrators
• ARM, CRIS, CPCU, or another risk management certification, or willingness to pursue one
• Experience in healthcare, manufacturing, logistics, food production, or another highly regulated environment

Physical Requirements

• Repetitive motions that include the wrists, hands, and/or fingers
• Sedentary work that primarily involves sitting, remaining in a stationary position for prolonged periods
• Visual perception to perform job including peripheral vision, depth perception, and the ability to adjust focus