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PPL Corporation · 2 days ago

Insurance Analyst / Senior Insurance Analyst

Louisville, KY

Full-time

Hybrid

Mid, Senior Level

2+ years exp

PPL Corporation is one of the largest investor-owned utility companies in the United States, committed to creating long-term, sustainable value for its customers and communities. The Insurance Analyst or Senior Insurance Analyst will assist with corporate insurance matters, managing routine department processes and supporting various business lines with insurance program renewals, claims management, and risk analysis.

Electrical DistributionEnergyMarketing

Comp. & Benefits

Responsibilities

Collect and organize data for US domestic insurance program renewal submissions and assist in the renewal process as directed. Tasks include renewal application underwriting data preparation, insurance meeting participation, development of presentations and reports to senior management

Assist in the overall management of PPL’s corporate insurance programs and any special programs in place for specific business lines

Support claims management activities such as monitoring status of claims and potential claims for exposure and incurred costs, and processing invoices related to claim payments

Manage insurance certificates for both PPL and from third parties doing business with PPL and its subsidiaries

Collaborate with all business lines and corporate support groups (including Procurement, Legal, IT) in the review and risk identification in various agreements and contracts to analyze and recommend appropriate insurance requirements for third parties to best protect the interests of PPL

Review quotes, binders and policies upon receipt for accuracy

Manage the invoice/payment process for all placements, fees and claim billings

Manage the corporate surety bonding program including new requests, renewal of existing bonds and processing invoices

Provide mergers and acquisitions (M&A) due diligence and integration support across all insurance programs

Provide assistance in data and risk analysis for projects as needed

Qualification

Commercial InsuranceRisk ManagementData AnalysisMicrosoft OfficeInsurance DesignationAnalytical SkillsDetail-orientedOrganizational SkillsCommunication SkillsInterpersonal Skills

Required

Bachelor's degree from an accredited college or university preferably in Risk Management and Insurance, Mathematics/Statistics, Business Administration or a related field

Insurance Analyst consideration – at least 2 years' experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles

Senior Insurance Analyst consideration – at least 5 years' experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles

Demonstrated knowledge of core commercial insurance principles and understanding coverage forms, risk identification and risk assessment

Detail-oriented and strong organizational skills required to maintain and ensure accuracy of data and information of different activities

Analytical skills required and ability to manage multiple projects and tasks independently, change priorities when needed and be proactive

Excellent written and verbal communication skills with strong presentation skills

Strong interpersonal skills with an ability to effectively support and work well with people from different disciplines across the organization. Customer focus, collaborative and willingness to develop professional relationships with core brokers and vendors

Highly proficient working knowledge of Microsoft Office – Outlook, Word, Excel, PowerPoint and SharePoint

A valid driver's license operable in all 50 states and Canada

Preferred

Completed or desire to pursue professional insurance designation such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU)

Knowledge or experience in contract reviews to evaluate insurance and indemnification provisions, identify exposures and mitigate insurance-related risks

Experience within the power/utility/energy industry, renewable energy, or construction industry is a plus