Analyst, Insurance and Risk Management

New York City Economic Development Corporation•New York, NY

2h•$70,000 - $72,000

About The Position

NYCEDC is seeking an Analyst, Insurance & Risk Management, to support the Vice President in identifying, analyzing, and mitigating risk across NYCEDC’s operations, assets, programs, and projects. This role will work closely with the VP, to assist NYCEDC Project Managers, Asset Management, Legal, Accounting, and external insurance partners in supporting insurance renewals, claims administration, contract reviews, risk documentation, and day-to-day operational needs. The ideal candidate is highly detail-oriented, analytical, collaborative, and comfortable supporting multiple priorities in a dynamic environment.

Requirements

Bachelor’s degree or equivalent experience required; coursework or concentration in Risk Management, Insurance, Finance, Business, or a related field preferred
At least 2 years of relevant experience in commercial insurance, brokerage, risk management, claims, real estate, construction, or a related field preferred
Demonstrated accuracy and thoroughness in analytical work, document review and problem resolution
Demonstrated verbal and written communication skills, with experience collaborating with internal and external stakeholders
Ability to manage multiple priorities, meet deadlines, and collaborate effectively in a cross-departmental, team-oriented environment
Proficiency with Microsoft Office required, with intermediate-to-advanced Excel and PowerPoint skills preferred
Ability to learn and use systems, databases, and tools that support insurance and risk management functions
Process-oriented mindset with a focus on accuracy, efficiency, and continuous improvement
New York City residency is required within 180 days of hire

Responsibilities

Coordinate with NYCEDC’s Asset Management team and Project Managers to gather property, occupancy, construction, protection, exposure, address, and total insured value information
Maintain schedules of values and related insurance budget and allocation information by asset
Prepare, update, and review insurance renewal submissions for all lines of business and new policy placements prior to VP review
Review insurance quotes, binders, policies, and endorsements for accuracy and completeness
Collect, review, and submit documentation to support property-related loss claims that exceed the deductible
Coordinate risk engineering and loss prevention site visits with internal stakeholders and external partners
Support administrative requirements related to NYCEDC’s captive insurer, City Lights Insurance Company
Process payment requests, signoffs, and supporting documentation related to insurance renewals, policy changes, and captive insurer activities
Attend industry conferences, seminars, and events, as recommended and as work responsibilities permit
Work directly with insurance brokers to request certificates of insurance, auto ID cards, and other insurance documentation needed to support NYCEDC operations
Other duties as assigned