Risk Analyst

About the role

Knight Insurance Group is a privately-owned property & casualty Insurance company with total assets of over $1.7 billion. Part of our mission is to encourage creativity at all levels and embrace new technology. We strive to provide dependable insurance solutions through our commitment to innovation, technology, and efficiency.

Responsibilities

• Studying statistical data for the purpose of creating an analysis
• Create estimates of probability and likely costs for a given event such as death, natural disaster, or sickness
• Calculate how insurance policies for different types of coverage are likely to pay out
• Generate charts and present them at meetings along with explaining the information
• Analyze reports to determine next steps for the company or client
• Prepare actuarial proposals for management and business partners
• Develop recommendations on rates and rating plans to satisfy financial objectives of the organization
• Review pricing algorithms, understand key underwriting metrics, engage with, identify with the risk team and external actuaries to assist in quantifying Knight's reserve adequacy

Qualifications

• Bachelor’s degree in mathematics, actuarial science, statistics, or some other analytical field
• Prior experience in insurance preferred
• Knowledge of statistics, probability, and calculus
• Strong written and verbal communication skills to clearly relay information to other employees at the company or the client
• Analytical skills to determine specifics of insurance policies and avoid any errors that would lead to negative consequences
• Experience with computers and statistical modeling software
• Knowledge of business and financial concepts
• Organizational skills to keep track of multiple projects or cases at a time

Benefits

• Medical, Dental, and Vision benefits
• Supplemental life insurance policies for you and your dependents
• Long term disability insurance
• Flexible Spending Account (FSA)
• Employer paid life insurance
• Retail plans: Employer match, 401(k) and Employee Stock Ownership Plan (ESOP)
• Metro-link Reimbursement
• Career Path Opportunities
• Onsite Gym with group Yoga and Pilates; classes
• UKG Wallet (access to your pay before payday)
• Tickets at Work- Discounts on parks, museums, movie tickets and much more
• AT&T Wireless Discounts
• Midway Rent a Car- Rental car Discounts
• Dell Member Purchase Program