Hitachi Energy · 3 days ago
Risk and Insurance Analyst
Schaumburg, Illinois, United States
Full-time
Hybrid
Entry Level
$65K/yr - $89K/yr
1+ years expHitachi High-Tech America, Inc. is seeking a Risk and Insurance Analyst to join their Corporate Finance and Accounting team. The role involves managing insurance policy renewals, supporting business continuity and crisis management programs, and handling insurance claims while ensuring compliance with various regulations.
EnergyManufacturing
Responsibilities
Gathers, analyzes, and coordinates the collection of data for insurance renewals in collaboration with insurance brokers and internal HTA staff
Prepares insurance applications and obtains necessary internal approvals before submitting insurance applications to insurance brokers
Obtains and stores key insurance policy documentation (ex. applications, quotes, binders, policy copies, invoices, policy correspondence)
Updates property values by location and asset type
Insurance policy or risk transfer methods involvement includes but is not limited to general liability, auto, workers compensation, property, technology E&O, D&O, Fiduciary, Crime, Cyber, Credit, Cargo & Warehouse, letters of credit, and surety bonds
Set up and facilitate insurance broker regular action item meetings to drive open issues to closure
Coordinate the successful completion of any insurance policy audits required by insurers
Obtain invoices, submits for approval, and ensures timely payment
Maintain department insurance budget and communicate budget status to key stakeholders
Provides ad hoc reports such as insurance schedules or risk analyses as requested
Carry out BCP Program assigned project tasks, helping ensure the BCP/Crisis Management program is running effectively
During times of active BCP/Crisis incidents, attends meetings, provides input, and completes assigned action items
Works closely with HTA members, insurance brokers, and insurance companies to ensure claims are administered timely and appropriately
Documents activity in real-time, following department document management and project management software procedures
Develops and maintains claim reports, publishing reports to key stakeholders as requested
Identifies claim trends and recommends loss prevention techniques
Facilitate certificate of insurance issuance through HTA’s insurance broker and help provide certificates to HTA members, customers, or vendors
Performs contract reviews and evaluates appropriate insurance requirements for vendors doing business with the organization
Ensures evidence of insurance is received and renewed in a timely manner
Provide support for annual audit activity, Sarbanes Oxley compliance and other regulatory requirements
Qualification
Required
Bachelor's Degree required with major area of study in Finance, Accounting or Business Administration preferred
Strong organizational and time management skills. Follows the department project management process: Create and maintain project plans for insurance policies or special projects. Update activity in real-time for project tasks in the department project planning software. Meet task deadlines or negotiate extensions for deadlines (in advance of deadlines)
Ability to understand business processes and collaborate well with business partners
Excellent communication and interpersonal skills
Knowledge of Microsoft tools (i.e. excel, share point, power point, access, etc)
Strong computer skills required (MS Office Suite including Word, Excel Power point) required
Excellent verbal and written English communication skills; and the ability to disseminate data
Preferred
Associate Risk Management (ARM) certification
1-3 years insurance or finance related experience
(NE) Property insurance experience
Experience working with large data files in Microsoft Excel preferred (Vlookups/pivot tables), Microsoft Word (mail merge)
Company
Hitachi Energy
Hitachi Energy is a renewable energy company that provides energy consulting services.
10001+ employees
H1B Sponsorship
Hitachi Energy has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (71)
2024 (52)
2023 (53)
2022 (58)
Funding
Current Stage
Public CompanyTotal Funding
$300M2025-03-19Post Ipo Equity· $300M
2020-03-30IPO
Leadership Team
Ron Hunt
CFO Enterprise Software Solutions
Allie Anzelone
Site HR Business Partner
Recent News
Business Standard India
2025-05-17
Company data provided by crunchbase