Corporate Insurance/Risk Analyst

Avery Dennison•Mentor, OH

7h•$87,700 - $98,224

About The Position

The Risk Analyst is an integral member of Avery Dennison’s Risk Management team, providing guidance on insurance and risk management matters under the supervision of the Sr. Director, Risk Management and working with the Risk Manager. As a trusted advisor embedded across the company’s Business Units, the analyst helps shape cross-functional collaboration and protect company assets and earning potential. The role supports global insurance programs and their renewals, claims, and insurance recovery processes; collaborates with EHS on property loss-control and infrared programs; and provides business-unit support for related insurance needs. It also contributes to the department’s operating plan and budget administration, invoice tracking, program improvements, risk information systems, enterprise risk management, captive insurance support, and acquisition diligence and integration. The position may require travel and includes other related duties involving sensitive and confidential matters.

Requirements

Bachelor’s degree in Risk Management, Business, Accounting, Finance, or a related field.
At least 2 years of experience in a corporate risk management environment involving global risks or at a corporate insurance broker working on large, complex accounts.
Detail-oriented, with exceptional analytical and organizational skills.
Strong oral and written communication skills, including the ability to present complex topics persuasively and concisely.
Ability to influence, motivate, and collaborate with others to achieve results, particularly with a geographically dispersed client base.
Ability to effectively plan, organize, direct, and control projects.
Team player with a high-energy, positive outlook and professional demeanor, who takes initiative to advance within the department and promote visibility of the function.
Travel may be required.

Nice To Haves

MBA or legal background.
ARM Certification or a similar insurance certification, or desire to obtain certification in support of personal development and departmental capability.

Responsibilities

Assist with renewals, claims, and insurance recovery processes for global Workers’ Compensation/Employer’s Liability, General Liability, Automobile Liability, Umbrella and Excess Liability, Product Recall/Withdrawal, Property, and Stock Throughput programs.
Collaborate with the EHS team on implementation, scheduling, and impact of the global property loss-control plan and infrared program.
Support business units with insurance program needs, including certificates of insurance, auto ID cards, and posting notices.
Coordinate with the Sr. Director, Risk Management to administer the department’s annual operating plan, including monthly and quarterly variance reports and accruals for the annual budget process.
Ensure timely payment of program and department invoices and track payments against the annual operating plan.
Identify opportunities to improve programs and implement potential cost- and time-saving initiatives.
Assist the Risk Manager with administration of the Risk Management Information System and intranet portal.
Assist with the company’s semiannual Enterprise Risk Management processes.
Work with the Sr. Director, Risk Management to support Avery Dennison’s captive insurance company.
Assist with acquisition diligence and integration.
Perform other related duties as assigned, exercising judgment and discernment in handling sensitive and confidential matters.