Insurance Risk Analyst III
Also referred to as: Insurance Coverage Analyst III, Organizational Insurance Risk Analyst III
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 generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
Similar Jobs:  Insurance Risk Analyst V, Insurance Risk Analyst I, Insurance Risk Analyst II, Insurance Risk Analyst IV, Insurance Risk Manager, Risk Analyst III, Insurance Risk Senior Manager, Risk Modeling Analyst III, Underwriter III
Level of Education:  Insurance Risk Analyst III Salaries with No Diploma, Insurance Risk Analyst III Salaries with a High School Diploma or Technical Certificate, Insurance Risk Analyst III Salaries with an Associate's Degree, Insurance Risk Analyst III Salaries with a Bachelor's Degree, Insurance Risk Analyst III Salaries with a Master's Degree or MBA, Insurance Risk Analyst III 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