Van Subaru · 1 month ago
Senior Risk Management Analyst
Camden, NJ, United States
Full-time
Hybrid
Mid, Senior Level
$70K/yr - $90K/yr
4+ years expVan Subaru is a globally renowned automobile manufacturer known for its commitment to innovation, safety, and sustainability. The Senior Risk Management Analyst helps keep Subaru safe and protected by supporting insurance, claims, and safety programs, managing claim reporting, underwriting data, and compliance efforts.
Automotive
Responsibilities
Addresses workers' compensation (WC), general liability (GL), and auto physical damage and liability (auto) claims
Reviews insurance claim files to ensure that notes, documentation, and claim details are accurate and complete while utilizing the internal risk management information system (RMIS) and third-party administrator (TPA) systems
Monitors and triages shared Risk Management inboxes
Works with our TPA to follow up on incomplete or inconsistent information to ensure proper claim resolution
Maintains live claim tracking files, measuring open, closed, and aging claims over time to identify patterns and analyze performance trends
Escalates delayed or high-impact claims to management or vendor partners to ensure timely resolution
Contributes to the continuous improvement of claims workflows, documentation standards, and reporting templates
Exercises claim Settlement Authority of $15,000 or less for auto claims
Collaborates with the Risk Management team to maintain and recommend improvements to standards, policies, and procedures for driver records and authorized driver criteria
Reviews accident files to ensure accident deductibles are collected
Reviews monthly report from Samba for new motor vehicle violations and calculates applicable points and surcharges
Runs and reviews SOA Surcharge Report bi-monthly for Payroll to implement employee's payroll deductions for authorized drivers' motor vehicle record violations and/or accident points
Ensures that each surcharge is correct by reviewing circumstances of case and collaborates with Risk Management Team and Payroll to ensure that employee is being charged correctly and Corporate Vehicle Administration (CVA) vehicle and driver database (STARS) is accurate
Constructs and evaluates underwriting data for annual insurance renewals and underwriter presentations to support the Risk Management leadership
Underwriting data includes vehicle data, financial statements, sales projections, inventory shipped, payrolls, facility information, and loss control programs
Understands where to best locate underwriting data, extrapolate relevant information from this data, and how to best construct, organize and present it for underwriting purposes
Analyzes data for accuracy and relevancy
Reviews for accuracy, all insurance binders, insurance policies, endorsements, premium invoices, limits, and deductibles and maintains such documents in the RMIS insurance policy database
Reviews vendor and partner invoices for accuracy, completeness, and proper documentation prior to submission for payment
Prepares and submits invoices through established workflows (e.g., Accounts Payable [A/P] systems, Docusign approval routes)
Tracks payment status and resolves discrepancies or delays by coordinating with A/P and internal stakeholders
Maintains organized payment logs, ensuring that all transactions are properly coded and archived
Contributes to the creation and refinement of standard operating procedures (SOPs) to strengthen process consistency and compliance
Maintains internal RMIS system for payments and transactions
Ensures that cash transactions for payments and investments are received/made and reported properly for Subaru’s insurance-related subsidiaries
Provides Risk Management support for SOA’s sister company, North American Subaru, Inc. (NASI), including increasingly complex auto insurance inquiries, approval of employee drivers, and insurance premium calculations
Reviews and authorized approval of driving privileges for SOA's vendor partners
Maintains and provides technical support of Origami, Subaru’s RMIS, including the Auto Accident Reporting mobile application, Incident Reporting Portal, and parts transportation claims
Continually improves the department's use of the system and application and troubleshoots any errors or changes
Prepares and submits quarterly marine claims reports to ship liners, inputting into Origami, following up for payments, and submitting invoices
Reviews Regional Distribution Center (RDC) safety administrative logs for up-to-date training, drills, and compliance with SOA and Occupational Safety and Health Administration (OSHA) safety standards
Assists with scheduling training and drills as needed
Assists risk management leadership with special projects such as claims analysis, insurance premium analysis, and driver safety training and announcements
Reviews terminations to accurately update Samba and Oracle, utilizing internal policies and following up with internal resources to confirm vehicles are returned by former employees within compliance
Communicate on and review/update Risk Management Policies & Procedures at the direction of Risk Management leadership team
Qualification
Required
Strong understanding of insurance policy coverages, claims handling processes, motor vehicle violations, and general risk management principles
Proficient in Microsoft Office Suite (Word, Excel, Outlook). Ability to learn and use Subaru's risk and fleet systems, including Origami (RMIS), STARS/Oracle Corporate Vehicle Administration (CVA), Risk Vehicle & Driver systems, and Fleetio
Strong analytical capabilities with a high attention to detail, accuracy, and data integrity. Process-oriented with the ability to manage multiple priorities and meet deadlines
Demonstrated ability to investigate issues, assess information, identify solutions, and exercise sound judgment
Effective verbal and written communication skills, with the ability to explain complex information clearly. Strong listening skills and a commitment to delivering exceptional customer service
Ability to work both independently and as part of a team in a fast-paced, deadline-driven environment
Openness to new ideas, evolving processes, and organizational change. Ability to recommend and adopt cost-effective and environmentally conscious (“greener”) solutions
At least 4-6 years of relevant experience required
Preferred
Bachelor's Degree in risk management, finance, or accounting preferred
Non Clinical\ARM - Certification In Risk Management, or willingness to obtain within two (2) years of hire
Associate in Claims (AIC) designation or willingness to obtain within two (2) years of hire
Benefits
Medical, Dental, Vision Plans
Pension, Profit Sharing, and 401K Match Offerings
15 Vacation days, 5 Floating Holidays, 5 Sick days, and 9 Company Holidays
Tuition Reimbursement Program: $15,000 yearly benefit
Vehicle Discount Programs
Professional growth and development opportunities
Direct partnership with senior leadership
Formal Mentorship Program
LinkedIn Learning License
Company
Van Subaru
Van Subaru is a premier Subaru dealership in Kansas City, Missouri, and your local source for everything automotive! We are proud to offer a wide variety of services, including new and used Subaru sales, car service and maintenance, Subaru parts, and a leading finance department.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase