Corporate Insurance & Risk Management Analyst

About the role

The Corporate Insurance and Risk Management Analyst supports the corporate insurance and risk management function, with additional ad hoc support for the Global Treasury unit.

Responsibilities

• Assist with collection and analysis of underwriting information including loss data, independently prepare submissions and complete applications for renewals of Chubb’s Corporate Insurance Program.
• Assist with implementation of Chubb’s Global programs, including communication with local offices, policy review, local certificates of insurance, anti-money laundering documentation, etc.
• Keep abreast of new exposures of the organization, explore potential coverage with broker partners and communicate appropriately to the business about whether coverage exists under current insurance programs.
• Explain applicable deductibles and/or retentions and the potential financial risk to the business if necessary.
• Review vendor contracts and lease agreements to ensure compliance with Chubb’s internal risk management guidelines/policies.
• Verify receipt and accuracy of coverage binders, policies, endorsements, and all other coverage documentation within established specifications.
• Tracks and monitors timely completion of policy delivery, corrections, and necessary changes by brokers / insurers.
• Update summaries/schedules of insurance + distribute internally as appropriate.
• Manage the administrative payment function of all invoicing (central & local); aid in managing the global insurance budget, cost allocation & collection to/from local Chubb offices.
• Complete annual Surveys of Occupational Injuries and Illnesses as requested by Bureau of Labor Statistics.
• Aid in reporting & administration of P&C claims related to Corporate Insurance programs.
• Aid in administration of Chubb’s monopolistic WC programs, including coordination with Chubb payroll to ensure timely reporting and assistance with claims reporting.
• Process all certificate of insurance requests and manage Chubb’s certificates of insurance process.

Qualifications

• A Bachelor of Science degree in Risk Management, Business, Finance, or a related discipline
• 2-3 years of experience in a corporate risk management environment, underwriting or brokerage experience handling global accounts or equivalent
• Professional certifications in risk management or insurance (e.g., ARM, CPCU) are a plus
• Strong communication, written, and analytical skills