Senior Analyst, Risk

Company Description

At WD, our vision is to power global innovation and push the boundaries of technology to make what you thought was once impossible, possible.

At our core, WD is a company of problem solvers. People achieve extraordinary things given the right technology. For decades, we’ve been doing just that—our technology helped people put a man on the moon and capture the first-ever picture of a black hole.

We offer an expansive portfolio of technologies, HDDs, and platforms for business, creative professionals, and consumers alike under our Western Digital®, WD®, and WD_BLACK™.

We are a key partner to some of the largest and highest-growth organizations in the world. From enabling systems to make cities safer and more connected, to powering the data centers behind many of the world’s biggest companies and hyperscale cloud providers, to meeting the massive and ever-growing data storage needs of the AI era, WD is fueling a brighter, smarter future.

Today’s exceptional challenges require your unique skills. Together, we can build the future of data storage.

Job Description

Supports Risk Management Department objectives regarding corporate insurance, loss prevention, and
business continuity programs. Responsibilities include compiling underwriting information for coverage
placement, claims administration, and loss reduction analysis, as well as providing administrative and
coordination support to the Global Resilience Program. Domestic and international travel may be required.

ESSENTIAL DUTIES AND RESPONSIBILITIES
The Risk and Insurance Administrator is responsible for day-to-day administration of the company's property
and casualty insurance programs and provides administrative and coordination support to the Business
Continuity program. Specific duties include the following:

Insurance Program Administration

• Manage the day-to-day administration of the corporate Risk Management program, emphasizing operational proficiency, clear communication, and process improvement.
• Collaborate with corporate Risk Management staff, insurance brokers, and business units to obtain information required for insurance applications and program marketing.
• Review leases, agreements, and contracts to ensure insurance requirements are appropriate and consistent with the company's current insurance program.
• Coordinate issuance of certificates of insurance as required by customers and company activities.
• Circulate insurance documents for signature as needed.
• Work with State agencies, service providers, and business units to monitor self-insurance and All-Other States workers compensation programs.
• Assist with administration of the company's Captive Insurance Company, including obtaining underwriting data for new coverage placements, developing premium finance contracts and schedules, and responding to annual audits.
• Maintain a premium invoice schedule and communicate adjustments to appropriate stakeholders.
• Process insurance invoices from brokers and insurers.
• Review insurance policy declarations, endorsements, and invoices for accuracy.
• Work with insurance brokers and carriers to coordinate follow up on required support documentation.
• Maintain and analyze historical pricing models to support premium forecasting and optimization decisions.
• Maintain Risk Management department records and the offsite storage register.
• Coordinate Loss Prevention inspections with insurers and site personnel. Encourage completion of open loss recommendations at critical sites by prioritizing and communicating the risk to site personnel.
• Participate in business development, mergers, acquisitions, and divestiture projects.
• Assist in ensuring acquired risks are covered under appropriate insurance programs.

Claims Administration

• Report and monitor property, cargo, and liability claims.
• Conduct periodic follow up with internal stakeholders, insurance representatives, and third parties to stay current on claim status and conclude claims in an efficient and timely manner.
• Support business units with insurance claim processing as needed.
• Maintain historical records of all losses, insured and uninsured, including recoveries and reserves set by insurance companies.

Global Resilience Program Support

• Support maintenance of current versions of Business Continuity Plans, templates, and program records in designated repositories.
• Coordinate scheduling and logistics for BCP-related activities including plan reviews, tabletop exercises, and training sessions.
• Track and follow up on open action items and tasks assigned to BCP stakeholders across business units; escalate overdue items to the program lead.<