Insurance Risk Management Analyst
The Deloitte US Firms’ Insurance Team works on the management and administration of the US Firms’ various property-casualty insurance programs. This Team sits within the Treasury function and is part of the Finance and Administration organization. The Insurance Risk Management Analyst role provides key support for many groups, including all Function Specific Subsidiaries, Office of General Counsel, Procurement, National Risk, Corporate Development and more. In this role you will gain visibility into many of the operational risk aspects of Deloitte as the firm continues its impressive rate of growth.
Work you’ll do
Assist in the management and administration of the Deloitte US Firms’ property-casualty insurance portfolio by assembling required underwriting information from key internal resources and collaborating externally with Deloitte’s insurance broker, insurer claim representatives and others as warranted. Essential job functions and key tasks include the following:
- Compile underwriting data such as wages, revenue, headcount, fixed asset values, legal entity schedules, benefit plan details, expatriate/foreign operations, etc.
- Review of contractual insurance requirements for client and vendor engagements
- Assess subcontractor/independent contractor insurance adequacy
- Facilitate reporting and resolution of claims
- Participate in casualty claim reviews
- Maintain Deloitte’s Third Party Risk Management (TPRM) Gateway catalogue for P-C insurance providers
- Aid in the issuance of certificates of insurance
- Procure surety bonds pursuant to contractual requirements as needed
- Perform insurance due diligence related to acquisition targets
- Arrange transaction liability insurance related to acquisition targets
- Collaborate with other groups internally on team building or special event risk assessments
The successful candidate will possess:
- Strong critical thinking, analysis, and problem-solving skills, particularly with respect to contract review
- Strong written and oral communication skills, to include experience in delivering project-level communications to broad audiences
- Experience working independently as well as collaboratively across large teams
- Ability to foster strong working relationships built through reliable customer service and expertise
The team
The Insurance Team is a group of three within the Treasury function, under the Finance and Administration organization, and touches a broad range of areas within the firm. Professionals on the Insurance Team will support, engage and collaborate cross-functionally with client project teams, Office of General Counsel (OGC), Quality and Risk Management (QRM) and virtually all disciplines that comprise the Finance organization. We help Deloitte in managing insurable risks to protect the assets of the firm, minimize liabilities and comply with certain statutory obligations. We deliver comprehensive, cost effective and lasting results for the firm and our internal stakeholders that are aligned with strategic objectives and service needs.
Qualifications
Required:
- Bachelor’s degree
- 2 – 5 yrs. experience in commercial property-casualty insurance management, underwriting, claims management or brokerage
- Proficiency in Microsoft 365 applications
- Familiarity with standard contractual insurance terms, including principles of risk transfer and subrogation
- Knowledge of Workers’ Compensation underwriting, claim and audit practices
- Knowledge of workplace risk control and loss prevention, including ergonomics
- Ability to work remotely and travel 10-15%, on average, based on the work you do and the teams and sectors you serve
- Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Preferred:
- Accounting, Finance, Economics degree major
- Pursuit or completion of insurance industry professional designations such as Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU), Associate in Insurance (AINS), Associate in Claims (AIC), etc.
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $64,935 to $133,330.
You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.
EA_ExpHire
EA_FA_ExpHire