Risk and Insurance Analyst

Job Summary

Reporting to the Risk and Insurance Manager, the Risk and Insurance Analyst assists in the administration of various financial and risk management matters for CPS. This position involves collaborating with CPS staff, financial professionals, insurance brokers, and vendors to identify and mitigate operational risks – making a positive impact on the public education system and the students we serve.

Qualifications

• Education Required: Bachelor’s degree from an accredited college or university, preferably in Business Administration, Finance or Risk Management or similarly related field.
• Experience Required: Minimum of (3) years of experience in business administration, finance, risk management, or insurance.

Responsibilities

• Aid in the compliance review of insurance requirements for CPS vendors, based on the guidelines established by the Office of Risk Management.
• Oversee the issuance of CPS Certificates of Insurance to vendor partners within established limits for special event contracts.
• Review and evaluate insurance requirements for license agreements or short-term rental contracts related to the use of CPS property.
• Maintain proper insurance policy details and proof of coverage for CPS Student Transportation vendors.
• Contribute to the annual organization and gathering of information for CPS's own insurance renewal applications, covering liability, property, and specialty areas.
• Participate in various Risk Management processes, including contracts review, vendor outreach and communication, relationship management, and reporting.
• Handle various department-related inquiries, escalate when necessary for further review; maintaining accurate records.
• Cook up and coordinate payments for departmental vendor invoices and other payment responsibilities related to Risk Management.
• Support the Office of Risk Management to achieve department goals.

Benefits

• Health & Wellness: Your Care, Your Choice
• Financial Security: Planning for Today and Tomorrow
• Work-Life Balance: Supporting Your Personal and Professional Life

Conditions of Employment

• Establish/Maintain Chicago Residency