Senior Insurance Analyst - Minneapolis, MN (On-site)
About The Position
The Risk Management team supports Medtronic’s global business operations by ensuring compliance with insurance requirements and managing corporate insurance programs. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This position is based in Fridley, Minnesota and follows onsite work arrangement. Travel is minimal and expected to be less than 10%. The Senior Insurance Analyst is an integral member of the Risk Management team and helps manage the global property and casualty insurance programs. This role requires working knowledge of insurance and closely collaborates with a variety of stakeholders, including with employees, external parties, and customers.
Requirements
- Bachelor's degree with 4+ years of insurance, risk management, finance, legal, compliance, or related business experience OR advanced degree with 2+ years of related experience.
- Proficiency with Microsoft Office applications, including Excel.
Nice To Haves
- Experience supporting property, casualty, workers’ compensation, or other corporate insurance programs.
- Advanced Microsoft Excel skills for data analysis, reporting, and insurance program support.
- Experience supporting merger and acquisition due diligence and integration activities.
- For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.
Responsibilities
- Support the collection, validation, and preparation of submission data for global casualty, property, and other corporate insurance programs.
- Review insurance policies and endorsements to verify accuracy and completeness.
- Administer certificate of insurance and automobile identification card requests.
- Assist with workers’ compensation reporting requirements for monopolistic and self-insured states.
- Respond to inquiries regarding insurance programs and policies.
- Review contract insurance provisions to verify alignment with the global insurance programs.
- Maintain insurance policies, submissions, records, and related documentation.
- Maintain and update the internal SharePoint Insurance site.
- Support merger and acquisition due diligence activity and insurance integration efforts.
Benefits
- Health, Dental and vision insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life insurance
- Long-term disability leave
- Dependent daycare spending account
- Tuition assistance/reimbursement
- Simple Steps (global well-being program)
- Incentive plans
- 401(k) plan plus employer contribution and match
- Short-term disability
- Paid time off
- Paid holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
- Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
