Insurance Analyst

Arizona Department of Administration • Phoenix, AZ

1d • Hybrid

About The Position

The Risk Management Insurance Analyst works in a team environment and performs professional level tasks associated with insurance indemnification and other contractual risk transfer issues. The responsibilities of the position include review, verification, approval, and management of Certificates of Insurance (COi) and insurance endorsements submitted by contractors, public entities, third parties, and others working with ADOT, or within ADOT Right Of Way. In addition, the Insurance Analyst will provide insurance expertise and guidance to the Agency with respect to insurance and self-insurance coverage, programs, requirements and services; working with ADOA Risk Management.

This position may offer the ability to work remotely, within Arizona, based upon the department's business needs and continual meeting of expected performance measures.

The State of Arizona strives for a work culture that affords employees flexibility, autonomy, and trust. Across our many agencies, boards, and commissions, many State employees participate in the State’s Remote Work Program and are able to work remotely in their homes, in offices, and in hoteling spaces. All work, including remote work, should be performed within Arizona unless an exception is properly authorized in advance.

Requirements

• Knowledge of State and federal insurance laws, rules, regulations, policies and procedures.
• Knowledge of Risk Management concepts and techniques appropriate to assignment.
• Knowledge of Local and national insurance industry standards, concepts, practices, and procedures.
• Knowledge of Multiple lines of commercial insurance; general, auto, work comp, etc.
• Knowledge of Microsoft and Google suite products.
• Skills in Identifying misleading, ambiguous, and deceptive language on contracts, endorsements, certificates and other business documents.
• Skills in Evaluating in risk exposure and identifying appropriate types and limits of insurance coverage to eliminate.
• Skills in Negotiation and conflict resolution.
• Skills in Strong written and oral communication.
• Skills in Planning, organizational, analytical, problem solving, and prioritizing skills
• Ability to Apply state and federal insurance law, rules, regulations, policies, and procedures.
• Ability to Apply insurance industry concepts and techniques.
• Ability to Work independently and as a team.
• Ability to Share knowledge, collaborate with peers.
• Ability to Analyze, interpret, and evaluate insurance contracts.
• Ability to Use a computer and computer based programs.
• Valid driver's license and an acceptable 39 month driving record.
• Any employee operating a motor vehicle on State business must possess and retain a current, valid class-appropriate driver’s license, complete all required training, and successfully pass all necessary driver’s license record checks.
• The license must be current, unexpired, and neither revoked nor suspended.
• Employees who drive on state business are subject to driver’s license record checks, must maintain acceptable driving records, and must complete all required driver training.
• An employee who operates a personally owned vehicle on state business shall maintain the statutorily required liability insurance (see Arizona Administrative Code (A.A.C.) R2-10-207.11).
• All newly hired State employees are subject to and must successfully complete the Electronic Employment Eligibility Verification Program (E-Verify).

Nice To Haves

• 2-4 years with commercial insurance products, policies, contracts, endorsements and coverage.
• Experience either on the agency side or claims side.

Responsibilities

• Review COIs and endorsements of varying complexity for compliance ensuring proper types and limits of insurance or self-insurance are in place; ensure acceptable AM Best Rating of insurers listed on COIs.
• Integrate information into appropriate database and spreadsheets.
• Ensure appropriate risk transfer (indemnification) language is included in contracts.
• Ensure compliance with Arizona Revised Statutes, Arizona Administrative Code for any/all contract assignments including: Intergovernmental Agreements, Joint Project Agreements, third-party contracts, and vendor contracts.
• Manage or assist with special projects.
• Collect and record data and information from reports.
• Provide customer service to internal and external customers with expertise and guidance regarding Insurance Issues; discuss via phone calls or virtual meetings issues with insurance requirements.

Benefits

• Sick leave
• Vacation with 10 paid holidays per year
• Paid Parental Leave-Up to 12 weeks per year paid leave for newborn or newly-placed foster/adopted child (pilot program).
• Health and dental insurance
• Retirement plan
• Life insurance and long-term disability insurance
• Optional employee benefits include short-term disability insurance, deferred compensation plans, and supplemental life insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed