Apply on Employer Site

nVent · 7 hours ago

Risk Analyst

St Louis Park, MN

Full-time

Onsite

Mid, Senior Level

$76K/yr - $141K/yr

5+ years exp

nVent is a leading global provider of electrical connection and protection solutions. The Risk Analyst supports the Risk & Insurance Department by managing insurance procurement, overseeing claims, and leading risk transfer initiatives to mitigate enterprise-wide risks.

Electrical DistributionElectronicsManufacturing

Hiring Manager

Dan Plisek

Responsibilities

Compile and analyze renewal exposure and claims data for annual placements and actuarial reviews; coordinate broker and insurer deliverables

Liaise with third-party administrator (TPA) to ensure accurate reporting, coding, and escalation of claims; track claim progress and maintain compliance documentation

Review insurance language in contracts; request and track Certificates of Insurance (COIs); ensure compliance with owner and project specifications

Coordinate bid, performance, and payment bonds with broker; partner with bond requestors to confirm forms and amounts per RFP/contract requirements

Manage outsourced fleet administrator relationship; align KPIs and projects to ESG goals; support global fleet incidents and documentation

Administer and provide training on Origami RMIS platform; monitor cost and claims reports, including other ad-hoc reports

Partner with Legal on insurance clauses and indemnities; maintain evidence of coverage across regions. Collaborate cross-functionally with other departments to drive/improve company risk maturity

Qualification

Risk managementClaims oversightContractual risk managementFleet managementData analysisTime managementProblem-solvingCritical thinkingCommunication skillsDetail-oriented

Required

Bachelor's degree in Business Administration, Accounting or Finance and/or 5+ years of equivalent experience

Ideally 3+ years of risk management, fleet management or related field experience, preferably with a multi-national manufacturing company in a private/public sector

Effective time management skills and the ability to manage multiple tasks/projects

Strong problem-solving and analytical skills, including the ability to analyze complex data sets

Applies critical thinking skills to understand and organize complex projects

Excellent verbal and written communication skills with the ability to work independently and be a self-starter

Detail-oriented, with a strong sense of follow-up and completion

Benefits

Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.

A 401(k) retirement plan and an employee stock purchase plan — both include a company match.

Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.