Senior Risk Management Analyst

Labcorp is hiring a Senior Risk Management Analyst. This person will support the department regarding all aspects of corporate insurance programs. Use data analytics to analyze and model our premiums paid, claim administration expense, and collateral costs to identify our total cost of risk and to use that analysis to optimize our decision making and potentially drive down the cost and volatility of risk. They will analyze information from multiple sources and develop reports/recommendations for Risk Management.
*RESPONSIBILITIES*
* Oversee the property insurance program. To include information gathering for insurance application process and negotiate insurance placement pricing, structure and limits. Also includes liaising with both internal as well as external partners; such as project managers, contractors, and landlords.
* Lead information gathering for insurance application process for approximately30 different lines of insurance.
* Using best practices for data collection; analyze and prepare Risk Management reports for key metrics, including but not limited to property and other losses, and total cost of risk.
* * Provide Risk Management support to internal customers and suppliers; serve as contact with the business units for providing certificates of insurance and review of contractual insurance terms.
* Develop and maintain database of all global policies.
* Support preparation of annual insurance budget.
*REQUIREMENTS*
* 2 years of minimum experience in insurance or Risk Management with a preference for 3-5 years.
* Must have experience working at an insurance company, insurance broker, or in a similar Risk Management position.
* Experience overseeing property insurance program, including exposure, collection, and contract review.
* Experience preparing applications and other exposure data for insurance renewals.
* Experience managing certificates of insurance.
* Experience managing annual budget.
* Experience calculating total cost of risk for the company.
* Intermediate Excel experience.
*EDUCATION*
* Bachelor's Degree and 3-5 years of experience is preferred.
Pay Range: $90,000 - 110,000 annual salary
Benefits: All job offers will be based on a candidate's skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), Commissions, and Company bonus where applicable. For more detailed information, please [click here](https://cdn.phenompeople.com/CareerConnectResources/COVAGLOBAL/documents/Labcorp-Benefits-TheWayWeLive-1659629596356.pdf).
*Labcorp is proud to be an Equal Opportunity Employer:*
As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.
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