Risk Analyst

Responsibilities

• Review incoming claims to determine validity, completeness, liability, exposure, and whether additional documentation is needed.
• Coordinate with third-party administrators, insurers, internal departments, vendors, and legal counsel to support accurate and timely claims handling and resolution.
• Monitor claim status, manage multiple claims simultaneously, and prioritize work based on urgency, complexity, financial impact, and legal status.
• Gather and evaluate supporting documentation, including incident reports, contracts, correspondence, and other relevant claim materials.
• Collaborate with internal and external resources to develop action plans that move claims toward resolution.
• Prepare claims reports, summaries, recommendations, and updates for internal stakeholders and management.
• Identify claim trends, recurring issues, or potential risk areas that may require escalation, policy updates, or risk mitigation strategies.
• Provide guidance to field teams on incident reporting procedures, claims documentation, risk practices, and safety-related expectations.
• Support compliance with applicable laws, regulations, company policies, and workplace safety standards related to claims, risk, and safety.

Qualifications

• Education and Experience: Associate or bachelor’s degree in Risk Management, Insurance, Business, or a related field preferred; equivalent experience will be considered.
• Experience: 1–2+ years of related claims, risk management, insurance, or administrative support experience required. Experience with Workers’ Compensation, casualty claims, or claims handling preferred.
• Knowledge: Basic understanding of insurance terminology, claims processes, risk management practices, and workplace safety standards.
• Skills: Proficiency in Microsoft Office Suite, including Word, Excel, Outlook, and PowerPoint. Experience with claims management or risk management systems preferred; willingness to learn required.