Senior Insurance & Risk Management Analyst

Job Description:

Senior Insurance & Risk Management Analyst

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role

As the Senior Insurance & Risk Management Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world. Here, you will make an impact by:

• Collect, organize, and analyze exposure and underwriting data for global insurance programs.
• Prepare and review renewal applications, quotes, binders, and policies for accuracy.
• Maintain corporate and international schedules of insurance; integrate standalone policies into global programs.
• Manage corporate surety bond program.
• Manage timely issuance of insurance certificates and auto ID cards.
• Oversee invoice/payment process for premiums, fees, and claim billings.
• Compile and analyze renewal and claims data for audits and reporting.
• Serve as primary contact for operating companies regarding insurance inquiries, bonds, certificates, and auto ID requests.
• Provide assistance in data and risk analysis for projects as needed.
• Other duties as assigned.

Your Skills and Expertise 

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

• Bachelor’s degree or higher in Finance, Accounting, or Business Administration (completed and verified prior to start)
• Five (5) years of finance or accounting experience  in a private, public, government or military environment

Additional qualifications that could help you succeed even further in this role include:

• Effective time management skills and the ability to manage multiple tasks with changing priorities/assignments
• Strong problem solving and analytical skills, including the ability to analyze complex data sets
• Applies analytical, critical thinking skills to understand and organize complex projects
• Excellent verbal and written communication skills
• Highly adaptable to situational and organizational changes
• Detail oriented, with a strong sense of follow-up and completion
• Ability to work independently and be a self-starter

Work location:  

• Work location: This role follows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN. 

Travel: May include up to 10% domestic

Relocation: Is not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope. 

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting

Applicable to US Applicants Only:The expected compensation range for this position is $84,595 - $103,394, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_