Employment Opportiunity - Risk Analyst

Summary of Position

The Risk Analyst is responsible for assisting in the preparation, development and administration of insurance and risk management techniques to ensure proper implementation and coverage for PBCC operational, project, and administrative activities. This position reports to the Risk Manager.

Essential Duties and Responsibilities

• Coordinates the integration of claim data obtained through brokers/insurers claim experience, reserve information, and contractor exposure data.
• Compiles information from insurers, PBCC files, annual reports, exposure data, claim reports and prepares underwriting coverage specifications.
• Assists with contractor/consultant insurance certificate approvals.
• Researches and analyzes property and casualty loss frequency, severity, litigation histories and judgments to identify costs of risks and minimize insurance premium costs.
• Reviews contract scopes, determines required insurance coverage, and develops insurance requirement.
• Administers the Wrap Up Workers’ Compensation claims.
• Assists in the negotiation of insurance purchases by evaluating proposals.
• Communicates with Project Managers and/or Procurement to discuss and explain and resolve insurance related issues.
• Prepares status reports for presentation to Risk Manager and/or Project Mangers and/or senior management.
• Works with Expedition software insurance program and inputs contractor/consultant insurance data.
• Coordinates with Project Managers and Project Manager assistants to make sure project reporting is accurate and timely.
• Performs contractor payroll audits to verify retroactive policy formulas and other insurance reports.
• Assists the Risk Manager with special projects as needed.
• Performs all duties and responsibilities of the position as required.

Required Qualifications

Education and Training

Minimum qualifications of the position are a Bachelor’s Degree (B.A.) from a four-year college or university; or one to two years related experience and/or training in public sector risk management with a broker or insurance company or risk management department; or equivalent combination of education and experience.

Abilities and Skills

This position requires excellent analytical, organizational and communication skills. Must be self-motivated, disciplined, detail-oriented, organized, and a problem-solving team player with strong work ethic and an ability to work in a fast paced environment. Excellent written and verbal communication skills are also required. Basic mathematical comprehension skills required as well as a working knowledge of insurance terms and coverages.

Must have an ability to use Word and Excel. Prior experiences with Expedition/Prime Contract is a plus.

This position is non exempt from coverage under the Fair Labor Standards Act.

Responses

Resumes and questions should be sent to jobs@pbcchicago.com.