Risk Analyst

Risk Analyst

Support the administration of Parsons’ global corporate insurance programs (property, casualty, professional, auto, general liability, workers’ compensation, and other lines as applicable).

• Collect, generate, and validate exposure data, loss runs, and other information for annual insurance renewals and policy audits.
• Prepare schedules, reports, and supporting documentation for brokers, insurers, and internal stakeholders.
• Issue certificates of insurance (COIs) to clients and other third parties, ensuring alignment with contract requirements and corporate standards.
• Issue and track auto insurance identification cards for Parsons’ vehicle programs.
• Coverage of surety bonds (bid, performance, payment, and other bonds) to support Parsons’ projects and business units.
• Respond to insurance-related inquiries from internal stakeholders (projects, business units, HR, legal, procurement, fleet management, etc.) and external customers (clients, subcontractors, vendors).
• Administer Defense Base Act (DBA) insurance program, including enrollment of eligible projects and personnel, coordination with brokers/insurers, and management of related reporting and invoicing.
• Afford assistance with administration of other specialty or project-specific insurance programs as needed.
• Coverage of coordination with insurance brokers and carriers to obtain policy documents, binders, endorsements, certificates, and other documentation.
• Maintain and update the database of insurance policies, endorsements, surety bonds, certificates, and related documents in accordance with Parsons’ document retention guidelines.
• Utilization of the Risk Management Information System (RMIS) to input, update, and report on insurance and surety data. Assist in developing and refining RMIS reports and workflows to improve efficiency and data accuracy.
• Maintain Parsons’ internal Insurance website.
• Afford assistance in drafting internal guidance materials for business units and project teams on insurance-related topics.
• Prepare recurring and ad hoc reports related to insurance, surety, claims, and risk metrics.
• Afford assistance with other special projects as needed.

Requirements:

• Bachelor’s degree in risk management, finance, business, accounting, or a related field.
• Associate in Risk Management (ARM), CPCU, or other industry certifications are a plus.
• 3+ years of experience in corporate risk management, insurance brokerage, underwriting, or a related field.
• Experience supporting large, complex organizations (engineering, construction, infrastructure, or government contracting) is a plus.
• Knowledge, Skills & Abilities:
  • Working knowledge of commercial property & casualty insurance, including: General liability, auto, workers’ compensation, professional liability, excess/umbrella, and surety.
  • Familiarity with Defense Base Act insurance and government contracting is desirable.
  • Ability to interpret policy language, endorsements, contracts, and insurance requirements.
  • Experience issuing and managing certificates of insurance and surety bonds.
  • Proficiency with RMIS or similar database/enterprise systems; strong Excel and data management skills.
  • High attention to detail. Excellent written and verbal communication skills.
  • Strong organizational and time-management skills, with the ability to manage multiple deadlines.
  • Customer-service orientation with a collaborative, solutions-focused approach.

Additional Information:

• Occasional overtime may be required during peak renewal periods or special projects.
• Minimal travel may be required for meetings, training, or project support.
• Security Clearance Requirement: None.

Salary Range: $74,800.00 - $130,900.00

Benefits: Medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!

About the Role: Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status. We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars!