Global Insurance Analyst
PURPOSE OF POSITION:
Global Insurance Analyst responsibilities include compiling and analyzing data required in the underwriting and coverage placement process, claims administration, and loss forecasting for WVI’s global insurance programs across all geographies. The position is also responsible for gathering information and performing analysis for loss reduction and providing regular support of general insurance claims processes. In addition, they will maintain an on-going dialogue with National Offices (NOs), Regional Offices (ROs) and Support Offices (SOs) on various insurance related matters. The position will review and analyze initial loss reports and initiate and manage select insurance claims.
This position is also available for special projects as required. Candidate will be positioned to acquire a broader knowledge of insurance, claims, underwriting processes, and loss control and prevention activities to allow for continued development in the field of insurance/risk management.
Information gathering activities for underwriting and analysis purposes, including data on all global assets/locations, staffing and other relevant exposures at every World Vision International (WVI) location (2,000+) worldwide. A high level of detail is required for underwriting purposes on a variety of WVI insurance policies, including but not limited to General Liability, Auto Liability, Umbrella Liability, Property (U.S. & International). Directors & Officers, Fiduciary, Employment Practices, Crime, Workers Compensation (U.S. & International). Position will work with department Manager and Director as well as external insurance providers to ensure adequate insurance on a global basis.
Develop and maintain systems for tracking and managing claims (dashboards, bordereaus, databases) in a timely manner.
Create reports, presentations, training and reference materials for Global Insurance.
Lead the majority of Finance related work for the department – FP&A inquiries and tracking variances to budget, review of monthly GL, ProVision vendor set up and payments, coordination with Accounts Payable (reclasses, crediting claim payments, global premium allocations), as well as supporting annual budgeting process and periodic forecasting.
Risk Mitigation Activities
KNOWLEDGE, SKILLS & ABILITIES:
Bachelor’s Degree – preference for course work in insurance / risk management.
General knowledge of commercial insurance market (2 - 3 years), along with basic risk management principles and strategies across all coverage lines. Familiarity with different types of claims - 1st party, 3rd party, etc.
Intermediate to advanced Word, Excel and PowerPoint skills.
Two to three years in the insurance industry, through any combination of working in a professional risk management capacity with a large global organization, with a major property/casualty insurance carrier, and/or with a global insurance brokerage firm.
Insurance/risk management course work along with internships will be considered as experience.
Ability to handle a high volume of work through prioritization and project management.
Preferred Skills, Knowledge and Experience:
Insurance specific education as well as any professional designations such as ARM, CPCU, AIC a plus.
Associate in Risk Management (ARM) and/or broker/agent license desirable.
Key to this position is an interest in a career in insurance / risk management.
The position requires ability and willingness to travel domestically and internationally up to 5% of the time.