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. This role will also provide ad hoc support for other functions within the Global Treasury unit. Key success factors include the ability to work effectively across all levels internally and externally, strong organizational, analytical, and attention to detail skillsets, and a willingness to learn and develop in a dynamic environment.

Requirements

A Bachelor of Science degree in Risk Management, Business, Finance, or a related discipline.
2-3 years of experience in a corporate risk management environment, underwriting or brokerage experience handling global accounts, or equivalent.
Strong communication, written, and analytical skills.

Nice To Haves

Professional certifications in risk management or insurance (e.g., ARM, CPCU) are a plus.

Responsibilities

Assist with the collection and analysis of underwriting information, including loss data.
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.
Stay informed about new organizational exposures, explore potential coverage with broker partners, and communicate to the business about existing coverage under current insurance programs.
Explain applicable deductibles and/or retentions and the potential financial risk to the business.
Review vendor contracts and lease agreements to ensure compliance with Chubb’s internal risk management guidelines/policies.
Verify the receipt and accuracy of coverage binders, policies, endorsements, and all other coverage documentation within established specifications.
Track and monitor the timely completion of policy delivery, corrections, and necessary changes by brokers/insurers.
Update insurance summaries/schedules and distribute them internally as appropriate.
Manage the administrative payment function for all invoicing (central & local).
Aid in managing the global insurance budget, cost allocation, and 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 and administration of P&C claims related to Corporate Insurance programs.
Assist with the administration of Chubb’s monopolistic WC programs, including coordination with Chubb payroll for timely reporting and assistance with claims reporting.
Process all certificate of insurance requests and manage Chubb’s certificates of insurance process.