Corporate Insurance Analyst

BNY External Career Site • New York, NY

102d • $58,000 - $120,000

About The Position

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Insurance Analyst to join our team. This role is located in New York, NY and is a hybrid position (4 days in office, 1 remote) offering work flexibility.

Requirements

• Bachelor’s degree or the equivalent combination of education and experience.
• Bachelor’s degree in Risk Management, Finance, Accounting, or Business.
• 2-3 years of professional experience in the insurance industry required.
• Prior Insurance experience required.

Responsibilities

• Serve as a Property & Casualty insurance subject matter expert, skilled in developing, renewing, and managing corporate and subsidiary insurance programs.
• Evaluate policy coverage, negotiate with brokers and underwriters, and ensure compliance with industry standards.
• Assist Corporate Insurance and internal stakeholders in preparing underwriting submission materials and facilitating placements for corporate and subsidiary insurance programs, including Property & Casualty and Workers Compensation.
• Support Wealth Management in overseeing trust properties within the Master Trust program and monitoring standalone personal line insurance outside the program.
• Manage insurance claims administration for corporate and subsidiary policies, including reporting, investigation, and tracking of claims.
• Review vendor/supplier contracts, real estate lease agreements, and RFP agreements to ensure compliance with insurance requirements.
• Perform administrative duties such as maintaining and updating insurance schedules, verifying insurance invoices against binders for accuracy, and coordinating payments with Accounts Payable and Finance.
• Independently handle multiple projects, ensuring timely and successful completion.
• Exhibit strong organizational, verbal, and written communication skills.
• Act as a proactive self-starter dedicated to continuous learning and effective collaboration.
• Undertake ad hoc projects and prepare presentations as necessary.

Benefits

• Highly competitive compensation.
• Benefits and wellbeing programs.
• Access to flexible global resources and tools.
• Generous paid leaves, including paid volunteer time.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees