Insurance Risk Management Analyst

Versant•New York, NY

1d•$80,000 - $90,000•Hybrid

About The Position

The Insurance Risk Management Analyst supports Versant across risk and insurance functions while developing and maintaining collaborative relationships with diverse constituents throughout the organization. The role balances competing priorities and supports insurance programs covering Casualty, Management Liability, Media, Cyber, Property, Aviation, Pollution, and other areas. It analyzes insurance coverage and risk exposures, communicates potential operational and financial impacts, and supports renewal efforts and program placements by collecting and evaluating underwriting submissions. The position performs day-to-day insurance and risk management activities, including maintaining coverage and program trackers, participating in underwriting meetings, coordinating property insurer inspections, assisting with claims management and invoicing, and processing certificates of insurance. It collaborates with internal teams, service providers, brokers, and carriers; supports due diligence and integration of acquired companies’ insurance programs; and helps EHS and Legal with insurance approvals and contract requirements. The analyst also creates presentations and educational materials for stakeholders and business units. Responsibilities may include supporting Investor Relations and, on rare occasions, Treasury and Corporate Finance.

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 coverages and risk exposures and communicate potential operational and financial impacts to internal stakeholders.
Support 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 business risks and related exposures and communicate their potential operational and financial impacts.
Collaborate with Finance, Real Estate, Legal, Global Facilities, Sourcing, and EHS to provide risk management assistance and consultation.
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 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 explaining insurance concepts and risk management processes to stakeholders and business units.
Support 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 or weekends on variable schedules as necessary.