Risk Management Analyst

Job Description:

Title: Risk Management Analyst 

Reports to: Sr. Director of Risk Management 

Location: Norwalk, CT 

Relocation: No 

Travel: Minimal to no travel is expected 

About the Position: 

We are seeking a detail-oriented, very organized Risk Analyst to join our Risk Management team. This role will help implement and administrate our programs globally. They will also be involved in identifying and evaluating potential risks within the organization. They will be assisting in the management of the Risk Management database system, analysis of data, documents and information related to insurance policies, claims history, and assist in running the day to day operations of the Risk Management department.  

Eligibility details: This role is ideal for someone who is organized, has good computer skills, able to manage a variety of tasks and interested in risk management. Candidate must have at least 3 years of work experience. 

What you’ll do 

Analytical Support:

• Origami Support: work with support team to set up and maintain processes in their platform, including but not limited to Property Records and Value Collection Process (PVC), multi-hierarchy set-up, Certificates of Insurance processes - both incoming and outgoing, Real Estate Report. 

• Policy review and renewal: Analyze existing insurance policies to ensure adequate coverage, negotiate with brokers to optimize policy terms and premiums during renewal processes.  

• Claims management: Monitor claims activity, investigate incidents, and coordinate with adjusters to minimize claim costs.  

• Reporting and communication: Prepare reports on risk assessments, loss trends, and risk management initiatives for senior management and stakeholders.  

• Compliance monitoring: Ensure adherence to regulatory requirements and company risk management policies. 

Administrative Support:

• Process insurance premium and claim invoices and submit forms for new suppliers as required.   

• Maintain in-house hard copy files and secure electronic files. Manage off-site file storage for easy access and retrieval. 

• Assist in reporting in areas such as budget review and analysis, accruals and invoice processing and tracking. 

• Review monthly budget reports and keep up-to-date with any changes to Account Payables and financial and data processing, including TMS, Basware, and ServiceNow. 

• Update documentation of all current processes as needed. 

• Manage Risk Management Request mailbox email traffic, ensuring speedy response times for inquiries and resolving issues.<