Analyst, Risk Management-1

The Home Depot

1d • Onsite

About The Position

Assist in the coordination and administration of the risk financing programs. Responsible for maintaining the Risk Management Information System (RMIS) and coordinating the information system needs of the Risk Management Department.

Requirements

• Must be eighteen years of age or older.
• Must be legally permitted to work in the United States.
• 3 years of work experience.
• Highly developed interpersonal skills for dealing with sensitive or controversial situations.
• Effective oral and written communication skills and problem solving.
• Knowledge and experience in strong analytical and critical thinking abilities and capable of making timely decisions while functioning in a fast-paced, changing work environment.
• Ability to solve problems by considering courses of action within the framework of management's goals and standards.
• Proficient with MS Office and ability to use mainframe applications.

Nice To Haves

• ARM, CPCU
• Intimate knowledge of insurance contracts and other risk transfer vehicles.
• Understanding of financial/accounting principles, including strong analytical and critical thinking abilities.
• Ability to manage and control outside vendor partners.
• Knowledge of risk and claims management information systems.

Responsibilities

• Manage the Risk Management Information System (RIMS); act as liaison with the RIMS vendor. Oversee production of monthly field reports, as well as ad hoc reports; training of users in systems from various departments.
• Assist in the preparation of U.S. and international insurance renewal information and applications.
• Administration of workers'compensation self-insurance and monopolistic state/province programs, including annual review of cost effectiveness and filings with state agencies.
• Coordinate/design preparation and distribution of monthly and quarterly statistical reports, as well as special reports for Division and Executive Management; prepare and distribute quarterly claims data reports for actuarial review; administer workers'compensation and general liability allocation program; design and run, upon request, analytical or informational reports for all functions of the Risk Management, Legal and Safety Departments.
• Oversight of Certificate of Insurance issuance, Memorandum of Insurance, vehicle insurance identification cards and surety bond process.
• Coordinate the integration of various claims data resources (e.g., telereporting service, third-party claims administrators, insurers, state/provincial workers'compensation agencies, etc.) and exposure data (I.e., labor hours, transactions and sales) into the RMIS.
• Review insurance and indemnifications of contracts and provide feedback to the Legal Department and/or outside counsel.
• Ensure data integrity of the RMIS process through coordination with Data Quality Coordinator and vendor partners.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level