Insurance & Risk Analyst

Lowe's Companies, Inc.•Mooresville, NC

2d•Onsite

About The Position

The Insurance & Risk Analyst supports the Company's insurance and risk management programs through the collection, validation, reconciliation, and analysis of exposure, financial, and insurance data. This role partners with internal stakeholders and external insurance partners to support annual insurance renewals, maintain accurate exposure and policy information, administer key insurance processes, and provide meaningful analysis that supports risk-informed business decisions. The position requires strong analytical capabilities, advanced Excel skills, attention to detail, and the ability to manage complex data across multiple systems.

Requirements

Bachelor’s degree in business, finance, risk management, economics or related field or equivalent years of experience in lieu of education requirement, if applicable
4 years of experience in insurance, risk management or a related corporate function
Strong analytical and problem-solving skills with the ability to review, reconcile, and interpret large or complex datasets
Demonstrated attention to detail and accuracy, particularly when working with financial, exposure, insurance, or operational data
Ability to identify data discrepancies, trends, and changes in exposure information and communicate findings clearly

Nice To Haves

Corporate paralegal experience
Lowe's finance or accounting experience

Responsibilities

Collect, validate, and prepare underwriting and exposure data for Lowe’s annual insurance renewals, supporting the accurate quantification and presentation of the Company’s risk exposures to insurers.
Perform quarterly reconciliations of Lowe’s property schedule, including locations and values, to maintain accurate and complete exposure information.
Consolidate and reconcile monthly fleet data for Lowe’s and ADG, identifying changes, discrepancies, and trends in vehicle exposures.
Partner with HR and finance to obtain annual payroll data and perform comprehensive year-over-year analysis of payroll exposures.
Review and process insurance renewal invoices through Lowe’s financial systems, validating amounts and obtaining appropriate approvals.
Maintain the Company’s insurance policy inventory by tracking policy receipt, documenting key policy details in the master insurance database, and maintaining organized electronic records in the shared drive and eDocs.
Conduct quarterly reviews of newly onboarded vendors across multiple Lowe’s platforms; collect and organize Certificates of Insurance (COIs), vendor contact information, and supporting risk documentation.
Support third-party COI requests and serve as backup coverage for the insurance department mailbox, coordinating responses with internal stakeholders and insurance partners as needed.
Research, analyze, and prepare supporting materials for insurance underwriting meetings and renewal presentations.
Support administration of Lowe’s corporate bond program and serve as backup for bond-related activities, including documentation, tracking, and coordination with internal and external partners.
Perform ad hoc risk, insurance, financial, and exposure analyses to support risk management initiatives and business decisions.
Maintain a high level of accuracy and attention to detail when analyzing insurance, exposure, and financial data; utilize advanced Excel capabilities to reconcile, analyze, and report complex datasets.