Senior Insurance and Risk Analyst

Alliant Energy•Madison, WI

About The Position

Alliant Energy is looking for a strong insurance subject matter expert ready to step in, improve processes, and lead meaningful project work—from loss analysis and workers’ compensation management to advising how insurance respond to complex capital projects across our regulated and non‑regulated business. The Senior Insurance and Risk Analyst assists in the development and implementation of insurance and risk strategic plans and objectives. This position protects company assets by supporting the administration of insurance programs, claims management activities, and serving the needs of internal customers.

Requirements

Bachelor’s Degree Emphasis in Insurance, Risk Management, Economics, Finance or related field
5 years of directly-related professional experience.
Advanced knowledge of insurance and risk management principles, including risk financing, risk transfer, loss control, and claims management practices across property, casualty, professional liability, Workers’ Compensation, and self‑insured programs.
Knowledge of regulatory and compliance requirements related to state and federally regulated insurance and self‑insured programs.
Strong analytical and problem-solving skills to assess loss exposure, evaluate risk financing and risk control alternatives, and support data‑driven risk treatment recommendations.
Ability to administer insurance programs and support claims activities, including monitoring claim status, coordinating documentation, and tracking claim‑related financial information in accordance with established procedures.
Proficiency in risk management information systems (RMIS), databases, and standard business software to manage, analyze, and report insurance, claims, and loss data.
Effective interpersonal, negotiation, verbal, and written communication skills, with the ability to collaborate with insurers, third‑party administrators, brokers, and internal stakeholders in a collaborative and inclusive work environment.
Ability to work effectively in a collaborative and inclusive work environment.

Nice To Haves

Experience in risk management
Advanced insurance or risk management training (ARM and/or CPCU designation)

Responsibilities

Evaluates and analyzes risk financing and risk control alternatives.
Monitors loss exposure, conducts risk assessment, and recommends treatment.
Analyzes, procures, and administers the property, casualty, and professional liability insured programs for business development subsidiaries.
Monitors, reviews, and ensures compliance with the state and federal regulated self-insured programs.
Assists in the management and procurement of the property and casualty insurance programs.
Develops and maintains the surety bond program.
Develops, evaluates, and implements the insurance program for new business development, miscellaneous corporate policies, and state and federal regulated self-insured programs.
Maintains and assists with risk management information systems (RMIS), communication, and monitoring mechanisms, including developing databases to capture loss control, risk financing, and claims data.
Reviews and approves contracts and performs due diligence to ensure compliance with the corporate risk programs and philosophy.
Supports the administration of insurance and risk management programs, including Workers’ Compensation, property, casualty, and related coverage lines, and performs day‑to‑day claims support activities such as monitoring claim status, coordinating documentation, and processing and tracking claim‑related invoices and payments in accordance with established procedures.
Coordinates loss control initiatives with insurers and consults with internal departments to provide recommendations on risk reduction, fire protection, disaster recovery, and general loss control measures.
Engages in other duties as needed that support Alliant Energy’s Values and help deliver on our Purpose to serve customers and build stronger communities.