Senior Insurance and Risk Analyst

Job Summary

Senior Insurance and Risk Analyst assists in the development and implementation of insurance and risk strategic plans and objectives. This position protects company assets by supporting the administration of insurance programs, claims management activities, and serving the needs of internal customers.

Evaluations and Assessments

• Evaluates and analyzes risk financing and risk control alternatives.
• Maintains and assists with risk management information systems (RMIS), communication, and monitoring mechanisms, including developing databases to capture loss control, risk financing, and claims data.
• Monitors, reviews, and ensures compliance with the state and federal regulated self-insured programs.
• Reviews and approves contracts and performs due diligence to ensure compliance with the corporate risk programs and philosophy.
• Supports the administration of insurance and risk management programs, including Workers’ Compensation, property, casualty, and related coverage lines, and performs day-to-day claims support activities such as monitoring claim status, coordinating documentation, and processing and tracking claim-related invoices and payments in accordance with established procedures.
• Coordinates loss control initiatives with insurers and consults with internal departments to provide recommendations on risk reduction, fire protection, disaster recovery, and general loss control measures.

Administrative Duties

• Develops and maintains the surety bond program.
• Develops, evaluates, and implements the insurance program for new business development, miscellaneous corporate policies, and state and federal regulated self-insured programs.
• Engages in other duties as needed that support Alliant Energy’s Values and help deliver on our Purpose to serve customers and build stronger communities.

Supervision

Performs work under the supervision of a Manager.

Education Requirements

• Bachelor’s Degree Emphasis in Insurance, Risk Management, Economics, Finance or related field.
• PREFERRED: Advanced insurance or risk management training (ARM and/or CPCU designation).

Experience Requirements

• 5 years of directly-related professional experience.
• PREFERRED: Experience in risk management.

Knowledge, Skills, And Abilities

• Advanced knowledge of insurance and risk management principles, including risk financing, risk transfer, loss control, and claims management practices across property, casualty, professional liability, Workers’ Compensation, and self-insured programs.
• Knowledge of regulatory and compliance requirements related to state and federally regulated insurance and self-insured programs.
• Strong analytical and problem-solving skills to assess loss exposure, evaluate risk financing and risk control alternatives, and support data-driven risk treatment recommendations.
• Ability to administer insurance programs and support claims activities, including monitoring claim status, coordinating documentation, and tracking claim-related financial information in accordance with established procedures.
• Proficiency in risk management information systems (RMIS), databases, and standard business software to manage, analyze, and report insurance, claims, and loss data.
• Effective interpersonal, negotiation, verbal, and written communication skills, with the ability to collaborate with insurers, third-party administrators, brokers, and internal stakeholders in a collaborative and inclusive work environment.

Other Requirements

• Ability to work effectively in a collaborative and inclusive work environment.

Pay Range

$85,000-$95,000

Benefits

The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant. It's not just what we do; it's how we do it. Live Safety. Everyone. Always | Make Things Better | Care For Others | Do The Right Thing | Act For Tomorrow | Think Beyond. Be Bold Alliant Energy and its subsidiaries are committed to creating a culture of belonging and is proud to be an Equal Opportunity Employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other basis prohibited by law. All candidates selected for employment with Alliant Energy will be required to successfully complete a background check, and a drug screen where applicable. Visa sponsorship not supported.