Corporate Insurance & Risk Management Analyst

Chubb•Philadelphia, PA

About The Position

The Corporate Insurance and Risk Management Analyst will primarily be responsible for supporting the corporate insurance and risk management function, with additional ad hoc support for other functions within the Global Treasury unit. Critical factors to success include the ability to work effectively across all levels both internally and externally, strong organizational, analytical, and attention to detail skillsets, and a willingness/desire to learn and develop in a dynamic environment.

Requirements

Ability to work effectively across all levels both internally and externally.
Strong organizational skills.
Strong analytical skills.
Strong attention to detail skillsets.
Willingness/desire to learn and develop in a dynamic environment.

Responsibilities

Assist with the collection and analysis of underwriting information, including loss data, and independently prepare submissions and complete applications for renewals of Chubb’s Corporate Insurance Program.
Assist with the implementation of Chubb’s Global programs, including communication with local offices, policy review, local certificates of insurance, and anti-money laundering documentation.
Keep abreast of new exposures of the organization, explore potential coverage with broker partners, and communicate appropriately to the business about whether coverage exists under current insurance programs. Explain applicable deductibles and/or retentions and the potential financial risk to the business if necessary.
Review vendor contracts and lease agreements to ensure compliance with Chubb’s internal risk management guidelines/policies.
Verify receipt and accuracy of coverage binders, policies, endorsements, and all other coverage documentation within established specifications. Track and monitor timely completion of policy delivery, corrections, and necessary changes by brokers/insurers.
Update summaries/schedules of insurance and distribute internally as appropriate.
Manage the administrative payment function of all invoicing (central & local); aid in managing the global insurance budget, cost allocation & collection to/from local Chubb offices.
Complete annual Surveys of Occupational Injuries and Illnesses as requested by the Bureau of Labor Statistics.
Assist with reporting & administration of P&C claims related to Corporate Insurance programs.
Assist with administration of Chubb’s monopolistic WC programs, including coordination with Chubb payroll to ensure timely reporting and assistance with claims reporting.
Process all certificate of insurance requests and manage Chubb’s certificates of insurance process.