Sr. Analyst, Risk Management (Hybrid)

Job Description

Pay Range: $84,000 - $100,000 / year

Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. Successful candidates may be eligible to receive annual performance bonus compensation.

Benefits Information:

We are proud to offer best-in-class benefits and programs to support employees and their families in living healthy, happy lives. Our pay and benefit plans have been designed to promote employee health in all respects – physical, financial, and developmental. Depending on whether it is a part-time or full-time position, some of the benefits offered may include:

· Day 1 Medical, supplemental health, dental & vision for FT employees who work 30+ hours

· Best-in-class well-being programs

· Annual, no-cost health assessment program Blueprint for Wellness®

· healthyMINDS mental health program

· Vacation and Health/Flex Time

· 6 Holidays plus 1 "MyDay" off

· FinFit financial coaching and services

· 401(k) pre-tax and/or Roth IRA with company match up to 5% after 12 months of service

· Employee stock purchase plan

· Life and disability insurance, plus buy-up option

· Flexible Spending Accounts

· Annual incentive plans

· Matching gifts program

· Education assistance through MyQuest for Education

· Career advancement

This position has a primary focus on liability claims handling. Put your skills as a claim professional or a paralegal to work managing our liability claims from start to finish, collaborating with internal and external partners to achieve optimal outcomes. 

Responsibilities:

Liability Claims Handling

• Manage a portfolio of automobile and general liability claims, working closely with insurance carriers, third party claims administrators (TPAs), insurance brokers, defense counsel, and internal stakeholders
• Drive claims to the best financial outcome and timely resolution by setting accurate reserves, conducting thorough investigations, reviewing interrogatories, and actively supporting settlement negotiations
• Lead discussions with insurers and legal counsel on large loss claims, ensuring strategic and effective management
• Collaborate cross-functionally with Operations and Facilities teams to share claims, loss trends and observations, developing proactive strategies to reduce and mitigate future losses
• Lead and manage all insurer/TPA claims audits
• Review leases and contracts to identify and assess indemnification obligations

Claims Information Systems

• Maintain comprehensive claims loss information
• Generate specialized reports to effectively view, analyze, and evaluate claims data
• Utilize loss data to identify claims with a high likelihood of litigation, enabling a focus on early and efficient settlement strategies

Contract Reviews 

• Conduct thorough reviews of contract language for claims
• Assess contractual risks and skillfully negotiate changes to transfer liability where feasible, engaging in discussions with contracts groups, business units, legal departments, and clients

Qualifications:

• The ideal candidate will have 3-6 years of experience in the insurance industry as a claim professional or at a law firm as a paralegal
• Bachelor’s degree in risk management or a business equivalent
• Strong analytical skills and PC skills (Excel, PowerPoint, Word)
• Innovative thinker comfortable with ambiguity to complete tasks
• Ability to work effectively both independently and within a team

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Quest Diagnostics honors our service members and encourages veterans to apply.

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.

Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.