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NewEdge Capital Group · 2 months ago

Analyst, Insurance

Stamford, CT

Full-time

Onsite

New Grad, Entry Level

$75K/yr - $95K/yr

NewEdge Capital Group LLC is a family office seeking an Insurance Analyst to evaluate insurance policies and provide recommendations to advisors and management. The role requires strong analytical skills and involves data collection, risk assessment, and collaboration with various stakeholders.

AdviceFinanceWealth Management

Responsibilities

Manage and maintain client files, policy records, and CRM data

Support producers and wealth advisors in aligning insurance solutions with broader financial, estate, and tax-planning strategies

Collect and analyze data on policyholders, policies, and premiums to identify trends and patterns

Assess potential risks associated with various insurance policies to determine appropriate coverage and premium rates

Prepare detailed reports, dashboards, and presentations on premiums and other key metrics for internal stakeholders and management

Review existing insurance policies and programs to identify gaps, ensure accuracy, and recommend enhancements or changes to improve effectiveness and compliance

Act as a communication bridge between the producer, insurance partners, and carrier home offices to ensure efficient case flow and accurate compensation tracking

Identify operational inefficiencies and assist in developing and implementing solutions to enhance productivity, accuracy, and automation

Provide support by addressing complex inquiries and explaining policies

Qualification

Analytical SkillsInsurance KnowledgeCommunicationRisk ManagementAttention to DetailOrganizationData AnalysisProfessional CertificationsCollaborationProblem-SolvingAdaptability

Required

A Bachelor's degree in Finance, Economics, Statistics, Business Administration, or a related quantitative field is required

Strong analytical and critical-thinking skills are essential for dissecting complex data, identifying trends, and solving problems

Excellent written and verbal communication skills to clearly articulate complex findings and recommendations to diverse stakeholders

Meticulous attention to detail is crucial for reviewing policies and data to prevent errors and ensure compliance

May be required to obtain a relevant state insurance license within a specified timeframe (e.g., Life, Accident and Health license or P&C license)

Preferred

Prior experience in insurance, risk management, or a data analyst capacity is preferred, with an understanding of various insurance products (e.g., P&C, L&H)

Professional certifications like Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) are often a plus