26 applicants

Company

Iron Mountain · 5 hours ago

Senior Risk Analyst-Insurance

United States

Full-time

Remote

Entry, Mid, Senior Level

2+ years exp

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Hiring Manager

Marni S.

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Responsibilities

Actuarial Reporting

Request and compile loss-run data across all insurance carriers, review and clarify discrepancies

Quarterly review with external actuaries regarding notable claim developments and reserves and provide information necessary for actuary report

Inform Accounting/Finance on the completed actuarial report and discuss accruals

Financial Reporting

Prepare annual reports detailing insurance budget and actuals

Prepare annual reports regarding total cost of risk (TCOR)

Overall Department Budget Management

Update Risk Management’s annual budget numbers based on info provided from insurance renewals

Continually track budget changes and report changes to internal finance

Calculate budget projections for renewal cycle

Payment tracking related to insurance premiums/claim payments, and broker fees on the department budget

Track claim expenses, payments and deductible exhaustion

Claim Analysis

Track claim expenses, payments and deductible exhaustion

Review and investigate details, compile documentation, determine liability/valuation, discuss strategy with outside counsel, business and TPA

Communicate with insurer re claim management

Update accounting/finance team re major claims

Work with location stakeholders to assess the extent of damage/losses and cost estimates for property and environmental claims

Participate in quarterly claim reviews with TPAs on strategy and reserves

Renewal Submission Data Gathering

Gather required documentation for application submissions

Coordinate with internal stakeholders regarding additional inquiries from carriers

Ensure all renewal documentation is submitted timely through management of internal stakeholders

Qualification

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Risk ManagementClaims ManagementBudget ManagementCasualty InsuranceFinancial ReportingProject ManagementARM CertificationBusiness DegreeFinance DegreeAccounting DegreeCommercial Insurance ExperienceBrokerage Experience