Corporate Insurance Analyst

Transamerica•Cedar Rapids, IA

6d•$53,000 - $70,000•Hybrid

About The Position

The Corporate Insurance Analyst will assist in managing corporate non-life insurance programs for the Aegon Group of companies, including Transamerica and its related legal entities. This position will work with internal stakeholders, external brokers and insurers in the market to determine and achieve the desired coverage. This position reports to the Global Insurance Manager.

Requirements

Bachelor’s Degree in Finance, Insurance, Risk Management or related profession or equivalent experience.
Three years of insurance experience in a similar role within a corporation, insurance carrier, broker or TPA.
Experience with data analysis, including collecting and analyzing data, establishing facts, identifying trends, and recommending solutions.
Organizational skills required to manage multiple programs and scheduling of key events throughout the renewal lifecycle and claims management process.
Strong verbal and interpersonal communication skills needed for daily interaction with internal and external business associates.
Ability to research topics and clearly communicate in written and presentation formats to co-workers and management at various levels.
PC proficiency (MS Excel, Word, PowerPoint).
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Nice To Haves

CPCU, ARM, ACII, or other insurance designations/continuing education.
Risk management experience, with demonstrated knowledge of workers compensation claims and state requirements.
Working knowledge of captive insurance solutions and reinsurance markets.
Commutation experience and knowledge with latent claims process and claims management software.

Responsibilities

Oversee and administer an assigned portfolio of corporate insurance programs primarily related to US and non-US casualty programs (General Liability, Auto Liability, Workers Compensation/Employers Liability)
Support the renewal and administration of the global corporate insurance programs.
Oversee the claims management process of workers compensation and other casualty lines of coverage including managing third-party administrators and working with in-house and external counsel as needed.
Manage and administer casualty insurance state reporting requirements for US legal entities.
Maintain and improve departmental written procedures as assigned.
Track and manage certificate of insurance requests
Review third-party contracts/request for proposals based on current insurance policies and research and resolve insurance coverage questions from business unit staff and insurance brokers.
Support the Global Insurance Manager in analyzing the company’s overall cost of risk and general risk analytical support, including the insurance team budget and premium allocation process.
Support the goals and objectives of the Global Insurance Team through maintaining strong risk governance, focus on continuous process improvement, and managing special projects as assigned.

Benefits

Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs