Senior Corporate Risk Analyst

Senior Corporate Risk Analyst

***Please note that a Hybrid Telework Schedule will be considered for this position. Hybrid is defined as a pre-determined blend of working from home and in the office.  Two (2) days in the office, three (3) days at home per week will be offered after the standard probation period.

As an integral member of the team, the Senior Risk Analyst will support a broad range of risk and insurance activities, including contract review with a focus on insurance language and risk transfer requirements; coordination and support of enterprise insurance portfolio renewals; and facilitation of on-site and virtual inspections for the property insurance program and other insurance programs as needed. This role collaborates closely with internal partners and external stakeholders to ensure effective risk management practices and compliance across the organization.

Key Areas of Focus:

• Perform financial, insurance, and economic analyses, including the collection, compilation, verification, and interpretation of financial information, insurance evaluations, and relevant economic indicators
• Support enterprise insurance management activities, including:
  • Insurance policy renewals
  • Carrier inspections, audits, and site visits
  • Coordination and completion of the enterprise-wide property recommendations program
  • Property inspections and related documentation
• Coordinate data gathering and documentation required for insurance renewals, underwriting submissions, and site visits
• Review, forecast, and track insurance-related expenditures, including:
  • Annual insurance premium forecasting for budgeting purposes
  • Invoice review, payment coordination, and premium tracking across all policies
• Support insurance claims management by gathering required data, coordinating internal stakeholders, and assisting with claim documentation and follow-up
• Evaluate and respond to special or time-sensitive requests for insurance documentation, certificates, and coverage confirmations
• Review insurance-related contract language and documentation; assess contractual risk exposure and provide recommendations related to risk transfer through insurance or alternative risk mitigation methods. Requires strong technical knowledge of contract insurance requirements
• Collaborate cross-functionally with Legal, Procurement, and Operations teams by providing consultative guidance on risk management matters, insurance requirements, risk exposures, and related training resources
• Assist with property valuation activities, including the facilitation and coordination of property appraisals
• Participate in risk assessment activities, including gas and electrical risk evaluations, and support implementation of risk improvement recommendations
•  Prepare, document, and maintain internal processes and procedures to support consistency, compliance, and operational efficiency
• Develop job-specific skills and competencies to serve as a knowledgeable backup resource within the risk management or insurance function

Who You Are…A team player who thrives on variety in their work and is passionate about your field. The most successful candidate offers a bachelor’s degree in Finance, Business, Risk Management, or equivalent experience (5+ years) from a broker, insurer, or in-house corporate risk and insurance analyst. Demonstrated and documented competency in the noted key responsibilities should be reflected in your resume. Strong analytical, quantitative, and qualitative skills would make you an ideal match for this role.  ARM or CPCU would be an added plus for the role.

The military job codes/duty codes most closely related to this role are:  36B, 65F1, 65F2, 65F3, 65F4, 65FX, 6410, 6413, 6415, 6417, 3401, 3404, 3408, 9680

What does this opportunity offer? If you have solid insurance risk management, financial capabilities, and analytical skills in the areas we are seeking, are proactive and self-starting, and enjoy working in a team environment, we want to hear from you!  Join a team of analysts who share your enthusiasm and passion for this field.  Within this position at Colorado Springs Utilities, we will continually stretch your capabilities by exposing you to the advanced functions within the Financial Planning & Risk Department as you progress in your development.

PHYSICAL REQUIREMENTS/WORKING CONDITIONS:

• Exerts up to 10 lbs. of force occasionally and/or a small amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing ar