Insurance Risk Management Analyst

Versant•New York, NY

8h•Hybrid

About The Position

The Insurance Risk Management Analyst supports VERSANT across a range of risk management and insurance functions while developing collaborative relationships with stakeholders throughout the organization. The position supports multiple insurance programs, analyzes coverage and risk exposures, contributes to renewals and placements, and helps maintain day-to-day insurance program operations. The analyst also works across functions such as Finance, Real Estate, Legal, Global Facilities, Sourcing, and EHS, and may provide supporting assistance to Investor Relations and, on rare occasions, Treasury and Corporate Finance. The role is hybrid, generally requiring at least three days per week in the office. Regular, consistent, and punctual attendance is expected; on rare occasions, work may include nights, weekends, or variable schedules. The position is eligible for company-sponsored benefits. The stated salary range is $80,000–$90,000.

Requirements

At least 1 year of relevant experience.
High degree of proficiency with PowerPoint and Excel.
Attention to accuracy and detail.
Ability to write concisely in a business-friendly manner to convey key initiatives to stakeholders.

Responsibilities

Support insurance programs including Casualty, Management Liability, Media, Cyber, Property, Aviation, Pollution, and other coverages.
Analyze insurance coverage and risk exposures and communicate potential operational and financial impacts to internal stakeholders.
Support insurance renewals and program placements by collecting, evaluating, and analyzing underwriting submissions for completeness.
Perform day-to-day risk management and insurance functions, including maintaining insurance coverage and program trackers.
Participate in underwriting meetings with internal stakeholders, brokers, and carriers.
Assess and communicate business risks and related exposures that may affect business operations or finances.
Collaborate with Finance, Real Estate, Legal, Global Facilities, Sourcing, and EHS to provide assistance and consultation on risk management impacts.
Coordinate property insurer inspections for engineered locations, prioritized by mission criticality and current loss expectancy.
Assist with due diligence analysis and integration of acquired companies’ insurance programs.
Collaborate with risk engineering service providers, insurers, brokers, and internal VERSANT partners to maintain communication about risk exposures.
Assist with monthly claims management and invoicing.
Assist EHS and Legal with insurance requirement approvals for high-risk operations.
Process certificates of insurance when needed.
Assist Legal with reviewing insurance requirements in contracts and agreements.
Create presentations and educational materials to explain insurance concepts and risk management processes to stakeholders and business units.
Provide supporting assistance to Investor Relations as needed, including creating presentations and sourcing information.
On rare occasions, assist Treasury and Corporate Finance.
Maintain regular, consistent, and punctual attendance and, on rare occasions, work nights, weekends, or variable schedules as necessary.