Analyst- Risk Management Insurance
About The Position
As a member of the Risk Management group, you will be responsible for supporting the company's insurance and risk management programs through detailed analysis, claims coordination, and policy administration. You'll work closely with internal departments, brokers, insurers, and third-party administrators to manage risk exposures and ensure proper insurance coverage. This role reports to the Sr. Manager, Risk Management and regularly prepares reports and presentations for senior leadership. Your work will directly contribute to the company's ability to manage risk effectively and operate securely across all business units.
Requirements
- Bachelor's degree in Finance, Risk Management, Insurance, or a related field
- 3+ years of experience in insurance, risk management, or a related role
- Strong understanding of insurance principles, policy structures, and claims processes
- Proficiency with Microsoft Excel and risk management software
- Excellent written and verbal communication skills
- High attention to detail and strong organizational skills
- Ability to work independently and manage tasks with minimal supervision
Responsibilities
- Evaluate and manage corporate insurance programs, including property, casualty, liability, and specialty lines
- Analyze risk exposures and loss trends to support insurance renewals and mitigation strategies
- Maintain insurance policy documentation, certificates of insurance, and claims records
- Coordinate with internal departments and external partners (brokers, insurers, TPAs)
- Support claims management from intake through resolution
- Prepare reports and presentations on insurance coverage, claims status, and risk metrics
- Review contractual insurance requirements
- Participate in risk assessments and enterprise risk management initiatives
- Process invoices and prepare internal premium allocation schedules
- Assist with global surety bond portfolio management and coordination
Benefits
- This role is also eligible for a performance bonus.
- More information on offered benefits, which include health, welfare, and retirement, is available at mywabtecbenefits.com.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Transportation Equipment Manufacturing
Number of Employees
5,001-10,000 employees
