Risk Analyst

Allegis Group•Hanover, MD

6d•Hybrid

About The Position

The Risk Analyst is an early-career role supporting the broader Risk Management function, including risk identification and mitigation, the insurance program, business continuity and disaster recovery planning, and risk reporting. The role requires analytical thinking and curiosity to understand data and potential risks. It is required in the office four days a week at the company’s headquarters in Hanover, Maryland.

Requirements

Bachelor’s degree in Business Administration, Management, Finance, Accounting, or a related field.
Three to five years of relevant experience; internships, co-ops, rotational programs, or substantial academic project work will be considered.
Excellent verbal, written, and presentation communication skills.
Interpersonal skills to build working relationships, negotiate priorities, and resolve conflict.
Strong analytical and problem-solving skills, including questioning assumptions, validating data, identifying root causes, and drawing sound conclusions.
Ability to relate to all levels in an organization.
Highly organized and detail-oriented.
Advanced Excel proficiency, including XLOOKUP/VLOOKUP, INDEX/MATCH, pivot tables, conditional logic, data validation, and reconciliation; able to build, audit, and document complex workbooks.
Proficiency in the rest of Microsoft Office.
Ability to take ownership of recurring, deadline-driven regulatory work with a high standard of accuracy and integrity.
Eagerness to learn, seek feedback, ask questions, and quickly build subject-matter knowledge.
Reasoned decision-making abilities.

Nice To Haves

Exposure to risk management, insurance, audit, compliance, finance/accounting, or data analysis.
Coursework or experience in risk management, insurance, or regulatory compliance.

Responsibilities

Own the end-to-end monopolistic state filing process, including gathering payroll and exposure data, preparing and reconciling reports to source systems, reviewing accuracy, and submitting filings on time.
Analyze insurance-related job codes and filing trends, investigate root causes, challenge assumptions, and communicate findings to the Risk Manager.
Track filing deadlines and regulatory changes, maintain a filing calendar, and escalate issues early.
Support stakeholders in identifying risks, assessing likelihood and impact, and conducting risk assessments of business functions.
Support control development, document issue remediation plans, and manage their execution.
Manage ongoing insurance processes, gather renewal requirements, and support stakeholders throughout the process.
Support the Business Continuity function by managing creation and maintenance of customer Business Continuity Plans, supporting work sessions, and promoting Business Continuity and Disaster Recovery awareness.
Assist the manager in maintaining the risk management application and support other groups that use the tool.
Support process improvement efforts related to Risk Management and execute ad hoc projects.
Manage ongoing reporting, support dashboard creation, and maintain risk-related data with integrity and consistent, documented calculations.
Review and audit work products to ensure consistency and quality of risk mitigation deliverables.
Perform additional duties as assigned by the Risk Manager or ECRM Director.

Benefits

Medical, dental, and vision coverage.
Hospital plans.
401(k) Retirement Plan with pre-tax and Roth post-tax contributions.
Company-paid basic life insurance and AD&D, with voluntary life and AD&D coverage available for the employee and dependents.
Company-paid short- and long-term disability.
Health and Dependent Care Spending Accounts (HSA and DCFSA).
Transportation benefits.
Employee Assistance Program.
Tuition assistance.
Time off and leave, including PTO, Allegis Group Paid Family Leave, and Parental Leave.
Bonus eligibility.