Risk Management Operations Analyst

Darling Ingredients•Irving, TX

1d•Onsite

About The Position

The Risk Management Operations Analyst provides support to Department Stakeholders, partners, and Workers' Compensation Claims Analysts, as well as high-level logistical and technical assistance to the Claim Manager and Director. This position is responsible for strategic operational support in the areas of claims litigation management, policy administration, departmental finance and accounting, regulatory compliance, and contract administration.

Requirements

Bachelor's degree or Equivalent Experience with Legal or Insurance related Certification(s) strongly preferred
3+ years of Cumulative experience and proven background in Claim Operations (TPA, Broker, or Corporate Risk Management experience) with a deep understanding of claim-related legal procedures and strong knowledge of Insurance and Risk Management functions such as Policy Procurement and Administration, Insurance Accounting, Budgeting and Forecasting, and Data Analysis
Proficiency in legal terminology, court filing procedures, and the litigation process
Proven ability to manage complex projects and prioritize competing deadlines without direct supervision
Ability to aggregate claim and insurance related financial data for the Claims Manager and Director using excel spreadsheet and databases
Solid Accounting and Budgeting experience for reconciling insurance and provider billing and payment, preparation of budgets and forecasts, and adhering to corporate accounting and SOX controls
Proven background and high level of proficiency in data analysis, spreadsheet management, and database tools

Nice To Haves

Highly motivated multitasker capable of managing high-level litigation, accounting, and logistical support working independently in high volume, fast paced office with multiple competing deadlines and priorities

Responsibilities

Provides technical assistance to Workers' Compensation Analysts including claim reporting and documentation, correspondence, claim file maintenance and recordkeeping assistance
Supports litigated claim functions, including end-to-end processing of Discovery requests, coordinating communication with outside counsel, claim manager, and TPA
Ensures all legal filings and "tickler" deadlines are met with precision
Supports the Director in the administration of the insurance portfolios, including data aggregation for renewals, certificate of insurance (COI) audits, and policy recordkeeping.
Performs various department accounting functions ranging from processing and payment of invoices, assisting in preparation of departmental budgets and audit schedules, and coordinating departmental communication to internal and external customers and stakeholders
Develops and refines administrative workflows to increase the efficiency of the claims unit and ensure adherence to best practices in risk management
Point of contact for internal departments and external legal partners, handling sensitive and privileged information with absolute discretion
Other duties as assigned