Risk Management Analyst - CONTRACTOR in Secaucus, NJ at Quest Diagnostics

Date Posted: 11/27/2021

Job Snapshot

Job Description

Risk Management Analyst - CONTRACTOR - Secaucus, NJ

Responsibilities:

Renewal Underwriting

•         Prepare and support insurance renewal submissions inclusive of coverage specifications, loss detail and exposure analysis for all lines of insurance.

Claims Handling – Automobile, General Liability and Property Damage

•         Work with our claim’s administrators, insurance brokers, defense counsel and Quest employees. This includes investigative work, reviewing interrogatories prepared by attorneys, continuous follow-up, and settlement of claims. 

•         Participate in roundtable discussions with insurance carriers and counsel on large loss claims.

•         Work closely with fleet management claims.

•         Work closely with facilities management and real estate to investigate general liability and property claims.

•         Obtain and review insurance section of leases for indemnification requirements.

Risk Management Information Systems

•         Maintain automobile and general liability claims loss information via the insurers claim system.

•         Updating files with new information.

•         Utilize the various programs available to run specialized reports to view, analyze and evaluate claims.

•         Utilize the “Dashboard” to maintain a close watch on claims

Contract Review and Certificates of Insurance

•        Perform reviews of insurance contract language for new and renewal business services. Conformity with insurance policy language specification and compliance.

•         Assess risk and negotiate terms through discussions with contracts group, business unit, legal department, and clients.

•         Manage certificate of insurance production with brokers and insurance companies to ensure compliance with insurance policies and contracts.

 

Due Diligence/Acquisitions

•       Support risk management diligence on all acquisitions

•        Integrate and assimilate target’s insurance into our coverages and determine run-off issues.  

•        Provide ongoing support and guidance to acquisition company employees.

 

Qualifications:

•      Bachelor’s degree

•    A minimum of three years relevant risk management or insurance experience

•    Healthcare risk management a plus.

•    Strong financial, organizational, and analytical skills

•    Innovative thinker comfortable with ambiguity to complete tasks

•    Ability to work effectively cross-functionally and build/maintain relationships

•    Excellent verbal and written communication skills

•    Ability to work effectively both independently and within a team

•    Strong PC skills (Excel, PowerPoint, Word)