Prime Controls · 4 days ago
Insurance Risk Analyst
Prime Controls is a family-owned Systems Integration and I&C Construction firm dedicated to meeting clients’ industrial automation and control requirements. As an Insurance Risk Analyst, you will support the company’s risk management strategy with a focus on insurance compliance, cost control, and administration of Owner Controlled Insurance Programs (OCIP). You will manage insurance records, ensure compliance, and provide analytical insights to balance risk exposure and cost efficiency.
ConstructionIndustrial AutomationManufacturing
Responsibilities
Maintain and manage the Certificate of Insurance (COI) database for all construction projects, ensuring accuracy and compliance
Administer and oversee various Owner Controlled Insurance Programs (OCIP), including enrollment, reporting, ongoing compliance and cost reconciliation
Coordinate subcontractor enrollment in OCIP and track participation, exclusions, and status changes
Review insurance coverage requirements in contracts and confirm alignment with company and project needs
Monitor and support Workers’ Compensation, General Liability, Builder’s Risk, and other project-related insurance programs
Assist with claims management, including documentation, reporting, and coordination with carriers and brokers
Analyze insurance data from audits, claims, and financial reports to identify trends, risks, and opportunities for cost savings
Serve as a liaison between Prime Controls, insurance carriers, brokers, and project teams
Support internal and external audits related to insurance and risk programs
Prepare reports and summaries for leadership related to insurance coverage, claims activity, and risk exposure
Partner with Safety, Legal, Finance, and Project Management teams to support overall risk mitigation efforts
Qualification
Required
3–5 years of experience in insurance administration, risk management, or a related role
Working knowledge of construction insurance wrap programs, including OCIP/CCIP/ROCIP
Understanding of Workers' Compensation, General Liability, Builder's Risk, and subcontractor insurance requirements
Strong analytical skills with the ability to interpret claims data, audits, and financial reports
Excellent organizational skills and attention to detail
Strong communication skills and ability to work with internal teams and external partners
Proficiency in Microsoft Office and database or tracking systems
Preferred
Bachelor's degree in Risk Management, Finance, Business Administration, or a related field
Experience in construction, engineering, or industrial environments
Familiarity with insurance audits, claims processes, and contract insurance language
Experience working directly with insurance brokers and carriers
Benefits
Health, Dental, and Vision coverage
Flexible Spending Account(s)
Employee Stock Ownership Program (ESOP)
Generous Paid Time Off
401(k) with company match
Company-sponsored events and team activities
Company
Prime Controls
Prime Controls is an industrial automation company that offers industrial automation and control systems.
Funding
Current Stage
Late StageRecent News
2025-01-18
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