Analyst, Insurance Risk

BWXT•Charlotte, NC

1d•$65,000 - $103,000•Hybrid

About The Position

The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and execute precise corporate premium allocations across business units. The analyst evaluates total cost of risk (TCOR),ensures regulatory compliance, and optimizes claim mitigation strategies.

Requirements

Bachelor’s degree in Business, Finance, Risk Management, or a related field.
Minimum of 2 years' relevant experience in data analysis.
Strong ability to analyze data, interpret insurance contracts, and draw valid conclusions.
Advanced proficiency in Microsoft Office (specifically Excel) and familiarity with claims management software.
Excellent written and verbal communication skills for interaction with stakeholders.
High level of accuracy in reviewing documentation and data entry.
Must be a U.S. citizen.
Must be able to obtain and maintain a U.S. Department of Energy (DOE) clearance.

Nice To Haves

2 - 4 years of experience in insurance claims processing, underwriting, or risk management.
Relevant industry certifications (e.g., CPCU, AIC, ARM).
Prior experience with insurance claims and familiarity with insurance policy language.

Responsibilities

Gathers, compiles, and validates historical underwriting exposure data (e.g., payroll, headcount, property values, fleet sizes) for annual insurance renewals.
Develops and executes equitable premium allocation models to distribute insurance costs across various subsidiaries, departments, or geographic regions.
Analyzes incoming claims (e.g., General Liability, Workers' Comp, Property) to ensure they are complete and accurate.
Manages relationship with Third Party Administrators and provides oversight for complex claims.
Manages third-party compliance for certificates of insurance.
Maintains accurate, detailed records of claims and prepares comprehensive reports on claim trends and financial impact.
Serves as the primary contact for Third Party Administrators, internal safety and internal legal teams, providing clear, professional communication regarding claim status.