Insurance Analyst/Associate-Insurance & Risk Specialist - Remote 3 Days a Week with Benefits-Legal Dept - Rye New York
About the role
This Position is Remote 3 Days a Week with Benefits. This position is enterprise-wide and is part of the Law Department team responsible for providing insurance and risk management support across the organization.
Responsibilities
- Assist in managing insurance programs, developing, and maintaining risk management processes, and producing insurance-related analytics to support informed decision-making.
- Collaborate with departments across the enterprise and contribute to the development of policies, procedures, and risk mitigation strategies.
- Ensure adherence to SOPs, regulations, guidelines, practices and organizational policies.
- Collaborate with insurance brokers, carriers, and third-party vendors to obtain information, resolve issues, and support program administration.
- Draft, review and redline Hold Harmless Agreements and work with NYBC’s insurance broker to gather insurance documents required to run blood drives.
- Work with NYBC attorneys to review insurance requirements in contracts to ensure compliance by internal and external parties.
- Collect information from stakeholders to complete and submit insurance applications accurately and efficiently.
- Cook up the timely renewal of all insurance policies to ensure continuous coverage for NYBC.
- Absorb insurance audits by preparing and organizing documentation, responding to auditor inquiries, and ensuring compliance with audit requirements.
- Communicate insurance updates, changes and requirements to internal departments and external partners.
- Manage the payment process for claims to ensure timely and accurate processing in compliance with insurance policies and regulations.
- Maintain and update the organization's insurance SharePoint site, ensuring all with documents, policies, and procedures are current and easily accessible.
- Submit insurance notifications and work closely with claims adjusters, the Legal Department and business units to support efficient and effective claim management.
- Create, analyze, and interpret insurance-related analytics and KPIs (e.g., claims trends, coverage utilization, exposure summaries) and present findings to departments across the enterprise.
- Aid in the development, implementation, and updating of enterprise-wide risk management processes, practices, and policies.
- Support the design of risk assessment tools, workflows, and documentation to strengthen organizational risk oversight.
- Identify opportunities for process improvement in insurance workflows, claims handling, or risk reporting.
- Provide general support such as producing written reports, insurance summaries and performing various insurance-related tasks, as needed.
- Participates in meetings and committees as needed.
- Makes recommendations for improvements of business unit’s processes and practices.
- Works on special projects as assigned.
- Any related duties as assigned.
Requirements
Education Qualifications: Bachelor’s degree in Business, Finance, or other related degree. Experience: 5 years in insurance coordination, claims management, risk management, or related roles. Knowledge & Experience: Supporting insurance policy administration, including applications, renewals, audits, and document management. Experience: Collecting, organizing, and analyzing data; exposure to creating dashboards, reports, or KPIs is preferred. Familiarity: Developing or supporting the creation of organizational policies, procedures, or risk mitigation processes. Experience: Supporting the development or execution of risk management strategies, including identifying exposures, documenting risks, or assisting with mitigation plans. Knowledge: A variety of software applications (Microsoft Office Suite). Experience: Using document management and insurance database software.
Skills
- Cultural competency and the ability to communicate effectively in a culturally sensitive manner with both individuals and groups from diverse backgrounds.
- High level of interpersonal skills to handle a variety of complex issues and situations.
- Position requires demonstrated poise, tact, and diplomacy in dealing with a variety of staff up to and including executive leadership.
- Strong organizational skills.
- Strong attention to detail in all work processes.
- Maintains a high level of confidentiality.
Abilities
- Ability to maintain accurate paper and electronic records.
- Ability to work independently with minimal supervision.
- Ability to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands.
- Ability to identify complex problems in a timely manner, decipher information to develop and evaluate options and implement solutions.
- Ability to effectively solicit, cultivate, and build relationships with constituents and organizations.
Benefits
This Position is Remote 3 Days a Week with Benefits. For applicants who will perform this position in New York City or Westchester County, the proposed hourly salary is $38.72p/hr. to $43.85p/hr. For applicants who will perform this position outside of New York City or Westchester County, salary will reflect local market rates and be commensurate with the applicant’s skills, job-related knowledge, and experience. Unless otherwise specified, all posted opportunities are located in the New York or Greater Tri-State office locations.
Overview
Founded in 1964, New York Blood Center (NYBC) has served the tri-state area for more than 60 years, delivering 500,000 lifesaving blood products annually to 150+ hospitals, EMS and healthcare partners. NYBC is part of New York Blood Center Enterprises (NYBCe), which spans 17+ states and delivers one million blood products to 400+ U.S. hospitals annually. NYBCe additionally delivers cellular therapies, specialty pharmacy, and medical services to 200+ research, academic and biopharmaceutical organizations. NYBCe’s Lindsley F. Kimball Research Institute is a leader in hematology and transfusion medicine research, dedicated to the study, prevention, treatment and cure of bloodborne and blood-related diseases. NYBC serves as a vital community lifeline dedicated to helping patients and advancing global public health. To learn more, visit nybc.org. Connect with us on Facebook, X, Instagram, and LinkedIn.