Analyst, Corporate Insurance

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Job Summary: 

The Insurance Risk Analyst will report to the Director of Corporate Insurance and support various insurance-related activities. The role participates in insurance procurement, data analysis, and financial aspects of Corporate Insurance. Additionally, the Risk Analyst will be responsible for collecting global property insurance exposure data, preparing insurance applications, and collaborating with various internal partners on insurance related projects.

Key Responsibilities:

• Manages the global property insurance data collection process, including annual update of property location, construction type, exposure, protection, and natural hazards.
• Support team on managing and procuring property, casualty, and executive risk insurance to adequately protect the company and people.
• Review and analyze information submitted for insurance year-end forms to ensure an accurate and complete insurance application submission; Uses intimate knowledge of internal business processes to gain exposure data for insurance submissions.
• Manages the global property premium allocation and billing, working closely with Insurance Brokers and local market finance to execute premium allocation.
• Provides risk consulting advice to internal and external partners through contract review.
• Provide support and back-up to finance personnel worldwide regarding insurance exposures, insurance policies, and premium analysis.
• Understand Company exposures by keeping abreast of action or policy changes that can impact risk management strategies.
• Review and provide certificates of insurance to 3rd parties.

Related Work Experience: 0-3 years’ experience

Skills, Competencies and Knowledge:  

• Strong analytical and technical skills 

• External focus, strategic perspective, attention to details 

• Adheres to highest ethical standards and values 

• Proactive approach and ability to partner with internal and external stakeholders, including legal, clinical trial managers, accounting, occupational health, environmental health and safety, insurance brokers, third-party administrators, and insurers.  

Education / Experience  

• Bachelor's degree in Finance, Business, Accounting, or Insurance
• Insurance. Knowledge of the Principles of Insurance (e.g., insurance coverages, policy form, program structure, rating process, terms of insurance) and the Insurance Industry (e.g., current issues, markets, products, trends, and developments).

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Compensation Overview:

Princeton - NJ - US: $63,750 - $77,250

The starting compensation range(s) for this role are listed above for a full-time employee (FTE) basis. Additional incentive cash and stock opportunities (based on eligibility) may be available. The starting pay rate takes into account characteristics of the job, such as required skills, where the job is performed, the employee’s work schedule, job-related knowledge, and experience. Final, individual compensation will be decided based on demonstrated experience. 

Eligibility for specific benefits listed on our careers site may vary based on the job and location. For more on benefits, please visit https://careers.bms.com/life-at-bms/.

Benefit offerings are subject to th