Analyst, Risk Management & Insurance

Simon Property Group•Indianapolis, IN

1d•Onsite

About The Position

This role is responsible for supporting the company's risk management and insurance functions. The analyst will complete renewal applications, collaborate with insurance brokers, manage exposure data, review insurance policies, and assist with budgeting and auditing processes. The position also involves analyzing loss runs, tracking insurance premiums, processing invoices, and assisting internal customers with contract reviews and insurance-related requests. Additionally, the analyst will manage property insurance claims, maintain claim files, and support the development of risk management policies. Engagement with internal business units to understand needs and identify risk solutions is also a key part of the role, as is tracking and following up on property loss engineering recommendations.

Requirements

Bachelor’s Degree is required
Experience and skilled with Microsoft Programs, particularly Excel
Strong written and oral communication skills
Strong computer skills
Continuous Improvement focus/ Ability to Identify Process Improvements
Ability to work effectively in a collaborative fast-paced team environment.
Strong analytical skills.
Detail-oriented and highly organized with a focus on quality and consistency and strength in documentation.

Nice To Haves

Degree in Risk Management, Finance, Business, Economics or related field preferred.
Recent Risk Management college graduate and/or 1-3 years of Risk Management and Insurance experience preferred.
Relative knowledge and experience in the areas of Insurance, Risk Management, Safety & Health preferred.

Responsibilities

Completes renewal applications and collaborates with insurance brokers to prepare underwriting submissions.
Collects, reviews, analyzes, and updates exposure data to support insurance policy renewals.
Manages and maintains insurance exposure data, documents, and electronic risk management files.
Assures compliance with corporate documentation retention policies.
Reviews insurance policies for quality control and coverage adequacy.
Coordinates renewal strategy meetings with insurance broker and internal stakeholders.
Assists with annual budgeting and auditing processes.
Analyzes loss runs and performs ongoing risk evaluations.
Tracks and reviews insurance premium allocations, fees, and charges.
Reviews and processes department invoices.
Assists internal customers with general contract reviews, insurance certificate requests, proof of insurance, claims questions.
Coordinates and Manages Certificates of Insurance and Auto ID Cards requests.
Reports and manages Property Insurance Claims.
Responds to information requests for claims and maintains electronic claim files.
Assists with other claims management items and oversight as directed by supervisor.
Supports the development of and compliance with risk management policies, procedures, and guidelines.
Engages with internal business units to understand needs and identifies opportunities to provide solutions to specific risk issues.
Tracks and follows up on Property Loss Engineering recommendations.
Coordinates with property management and operations as needed on recommendations.
Other duties as assigned.