Analyst, Risk

The Friedkin Group•Houston, TX

13d•Onsite

About The Position

The Risk Analyst, under the leadership of the VP, Insurance & Claims, will manage a high volume and variety of responsibilities while supporting the Risk Management team's focus on strategy, risk identification, risk transfer, and risk mitigation. The Risk Analyst will provide day-to-day oversight and coordination of casualty claims, including auto liability, general liability, and workers' compensation claims, and will work closely with third-party administrators (TPAs), insurance carriers, internal business units, and other stakeholders to facilitate timely and effective claim resolution. The role will monitor claim activity, reserves, litigation status, and outcomes; assist with claim reviews and escalation of significant or complex matters; and develop key performance indicators (KPIs) and reporting to identify trends and measure claims performance. This position will also maintain and support established risk management and claims processes and, as needed, assist with the development and implementation of process improvements.

Requirements

Bachelor's Degree Req
3-4 years of experience or equivalent combination of education and/or experience.
Understanding of technical and business requirements
Knowledge of F&I products
Able to work independently and on a team
Business Insight: Understands how new events will affect individuals and business processes
Proficiency in Microsoft Office applications
Effective Interpersonal Skills
Ability to lead formal and informal meetings, guiding them in making operational decisions impacting the company
Strong communication and documentation

Responsibilities

Manage the day-to-day oversight and coordination of casualty claims, including auto liability, general liability, and workers’ compensation claims, and will work closely with third-party administrators (TPAs), insurance carriers, internal business units, and other stakeholders to facilitate timely and effective claim resolution.
Review and follow data privacy practices, policies, and guidelines.
Coordinate Document & Data Management for the department.
Manage relationships with third party claims administrators (TPAs) and subrogation agents.
Coordinate wage statements and other requests for information.
Coordinate OSHA reporting.
Develop and maintain key performance indicators (KPIs) and regular reporting, and perform ad-hoc reporting when needed.
Analysis of claims data, providing business insight.
Subject Matter Expert (SME) and training resource for loss reporting and claims administration.
Collect specified exposure data and other information in support of underwriting submissions.
Coordinate Certificate of Insurance (COI) requests and distribution of Auto ID cards.
Review, allocate, code, and submit invoices tor payment.
Perform studies, prepare special reports, and handle special projects as assigned.
Process improvement, problem-solving, and waste elimination.