Analyst – Broking & Client Servicing Operations

Job description

JOB DESCRIPTION

For the Risk Analyst position, we are seeking an individual with strong technical knowledge in Risk Finance and Policy Technical Knowledge. 

The Role

The Risk Analyst is responsible for preparation and maintenance of underwriting data, evaluation of insurance contracts, communication of programs to business units, and departmental accounting having to do with the implementation of the corporation’s property and casualty risk management programs.

Major Accountabilities:

·  Collect and manage current and historical exposure information and prepare annual underwriting submissions for all risk financing/insurance programs
·  Analyze insurance data for quarterly reporting
·  Manage the implementation of the RMIS integration system
·  Review insurance policies received for accuracy
·  Preparation of Policy wordings/ insurance coverage summaries
·  Assist with audits of insurance programs
·  Arrange for timely payment of all costs associated with the cost of risk; maintain accurate records of risk management expenses, including loss costs for reporting purposes
·  Assist with preparation of annual insurance and risk management budget; including cost of risk allocations to business units
·  Analyze cost benefit of various programs and procedures within risk management
·  Provide ongoing risk management support as needed

The Requirements

·  Bachelor’s degree with major in finance, accounting or risk management desired
·  CRM, ARM designation or CPCU course work a plus
·  Minimum of three years within a risk management environment or insurance company or brokerage experience handling national or global accounts
·  Must have recent experience working with large national or multi-national accounts on coverage issues
·  Experience working on large complex accounts within Risk Management Environment
·  Experience in commercial lines Property, General Liability, Umbrella, Foreign Liability, Work Comp, Medical Professional Liability, DBA, Marine Liability and Aviation insurance programs
·  Experience working with contractors, (government sector experience helpful)
·  Experience with developing proposals (RFP’s)
·  Provide guidance in policy and coverage interpretation to operating company personnel
·  Must possess strong sense of urgency and attention to detail
·  Special emphasis on analysis capabilities, must be detail oriented and comfortable working with numbers
·  Experienced in Windows environment, Word, Excel, Access and use of on-line claims data systems. RMIS experience a plus. Heavy emphasis on Excel skills
·  Time management skills, flexible and able to handle a variety of tasks simultaneously

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more atwillistowerswatson.com .

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

Equal Employment Opportunity:Know your rights .

Unsolicited Contact : Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson. Willis Towers Watson is an equal opportunity employer.