Northrop Grumman Australia · 3 weeks ago
Principal Risk Management Analyst
Northrop Grumman is a pioneering company in technological advancements, seeking a motivated Risk Management Analyst to join their Corporate Risk Management team. This role involves serving as the primary risk management partner for the Defense Systems Sector, managing insurance programs, and developing risk control strategies to prevent losses.
Defense & Space
Responsibilities
Serve as the primary point of contact for DS Sector regarding insurance and risk management
Build relationships with DS leadership and functional partners to support business objectives
Implement and administer insurance programs for the DS Sector
Analyze and identify potential loss areas, determining appropriate insurance coverage and loss protection strategies
Manage insurance claims, monitor progress, and assist with claim adjustments
Develop and coordinate risk control programs to prevent losses and reduce premiums
Identify and assess risks related to new business opportunities and developments
Provide advice on contract and subcontract agreements, reviewing subcontracts for appropriate insurance content
Gather data on property, aviation, and other exposures to support insurance policy renewals
Process certificates of insurance and coordinate with accounting and compliance departments
Collaborate with Environmental, Health & Safety and Facilities teams for loss prevention efforts
Support the crisis management team and participate in multiple lines of insurance support
Assist in preparing applications and underwriting submissions for major insurance lines
Prepare reports for management and support directors in meetings with carriers
Review policies for compliance with negotiated terms and prepare insurance summaries for business units
Qualification
Required
Bachelor's degree with 5 years of relevant experience in one or more of the disciplines below: Corporate Risk Management, Insurance Brokerage, Insurance Carrier, Insurance related company (i.e. Third-Party Administrator, InsureTech, Risk Engineering Service Provider)
Proficiency in Microsoft Office Suite
Preferred
ARM and/or CPCU Certifications
Experience in Aerospace & Defense or Government Contracting
Familiarity with RMIS systems
Benefits
Health insurance coverage
Life and disability insurance
Savings plan
Company paid holidays
Paid time off (PTO) for vacation and/or personal business
Company
Northrop Grumman Australia
Northrop Grumman Australia is the Australia-based arm of Northrop Grumman Corporation and committed to generating long-term prosperity, investing in advanced Research & Development, sovereign and exportable Intellectual Property, high-quality jobs and long-term technology leadership across the Commonwealth.
Funding
Current Stage
Late StageCompany data provided by crunchbase