Insurance Risk Analyst I
Also referred to as: Insurance Coverage Analyst I, Organizational Insurance Risk Analyst I
Requirements and Responsibilities
Analyzes the insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Creates risk forecasting models and reporting using business intelligence tools. Evaluates insurance proposals and makes recommendations. Negotiates insurance premiums and coverage terms directly with insurance companies and/or through brokers. Collaborates with cross-functional teams to ensure reporting and processing of all policy audits, payments, claims, and renewals. Supports loss prevention and safety initiatives. Reviews insurance policies for accuracy and works with brokers and underwriters to resolve discrepancies. Requires a bachelor's degree. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.
Similar Jobs:  Insurance Risk Analyst V, Insurance Risk Analyst III, Insurance Risk Analyst IV, Insurance Risk Analyst II, Insurance Risk Manager, Risk Management Analyst I - Healthcare, Risk Analyst I, Insurance Risk Senior Manager, Underwriter I
Level of Education:  Insurance Risk Analyst I Salaries with No Diploma, Insurance Risk Analyst I Salaries with a High School Diploma or Technical Certificate, Insurance Risk Analyst I Salaries with an Associate's Degree, Insurance Risk Analyst I Salaries with a Bachelor's Degree, Insurance Risk Analyst I Salaries with a Master's Degree or MBA, Insurance Risk Analyst I Salaries with a JD, MD, PhD or Equivalent
Industries:  Aerospace & Defense, Biotechnology, Business Services, Chemicals, Construction, Edu., Gov't. & Nonprofit, Energy & Utilities, Financial Services, Healthcare, Hospitality & Leisure, Insurance, Internet, Media, MFG Durable, MFG Nondurable, Pharmaceuticals, Retail & Wholesale, Software & Networking, Telecom, Transportation