Insurance Risk Analyst

Methodist Health System • Dallas, TX

1d

About The Position

The Insurance Risk Analyst directly supports Corporate Risk Management, insurance procurement for the enterprise, the employment law practice area, and the Legal Department. At the direction of the AVP of Corporate Risk Management, the analyst may attend meetings, depositions, and trials within the Dallas-Fort Worth metropolitan area and at Methodist Health’s owned or operated facilities.

The role supports commercial insurance placements, claims and litigation administration, risk data management, and legal affairs. It involves managing insurance applications, policies, premium and litigation invoices, claims verification, certificates of insurance, exposure data, records, case files, deadlines, and communications with internal and external parties. The analyst also researches law, investigates facts, and prepares documents to assist attorneys and Legal Department colleagues with claim matters, discovery responses, and subpoenas.

Requirements

• At least 3 years of commercial property/liability insurance experience.
• Bachelor’s degree from an accredited college or university and/or multi-line insurance training or experience is strongly preferred.
• Experience with property, casualty, or liability insurance placements.
• Ability to use Microsoft Office, claims management systems, and expense/billing and contract management systems.
• Exceptional oral and written communication skills.
• Detail-oriented, logical, methodical approach to problem solving.
• Strong desire to expand knowledge and contribute positively to a cohesive group.

Nice To Haves

• Working in litigation or healthcare is highly desirable.
• Knowledge of insurance terminology and principles is preferred.
• Knowledge of employment law in a healthcare setting is desirable.
• Desire to acquire new knowledge.

Responsibilities

• Understand the organization’s structure to assist with insurance placement.
• Ensure insurance applications are completed; track and document exposure data obtained from internal sources.
• Process insurance documentation, including binders, proposals, policies, and endorsements, accurately and on time.
• Meet insurance application deadlines and communicate with relevant parties while managing daily commercial placement activity.
• Ensure enterprise premium invoices are processed and paid.
• Assist with property and casualty insurance applications, maintain insurance records, and fulfill Corporate Risk Management and insurance functions.
• Manage insurance and claims verification for members insured by MHS’ self-insurance Trust.
• Interpret contracts and lease agreements and process certificates of insurance accordingly.
• Communicate with internal and external parties to verify premium invoices and document them according to organizational guidelines.
• Ensure litigation-related invoices are processed and paid for the enterprise.
• Communicate with insurance adjusters, witnesses, experts, and external defense counsel in preparation for depositions, mediations, arbitrations, and trials.
• Manage documents, information, and exposure data, including property locations and values, in the risk management system and maintain data integrity.
• Collaborate with the team to produce reports, graphs, and data for departmental needs.
• Assist with generating data extractions from various sources.
• Research law, investigate facts, and independently prepare documents to assist attorneys and Legal Department team members with claim matters, discovery responses, subpoenas, and related work.
• Organize and index complex case files and insurance renewal applications using claim and insurance management systems.
• Maintain calendar deadlines for claims, insurance renewals, and carrier notifications, and contribute to claim resolutions.

What This Job Offers

• Job Type: Full-time