Insurance Risk Analyst Job at FAC Services, LLC, Madison, WI

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  • FAC Services, LLC
  • Madison, WI

Job Description

About FAC Services

FAC Services is a professional firm that provides business services to architecture, engineering, and construction service firms. Our focus on high quality, timely and trusted business services allows our partners to focus on advancing their strategic goals and priorities. We maintain the highest ethical standards and personalized services within a culture that encourages professional and personal growth.

Job Purpose

The Insurance Risk Analyst is responsible for supporting FAC’s insurance program and providing assistance to the Legal & Risk Management Team. The Insurance Risk Analyst position also provides direct assistance to our partner firms by providing insurance certificates, assisting with RFP/RFQ responses, and handling General Liability/Auto/Workers Comp claims. This position includes some interaction with insurers and insurance brokers.

Primary Responsibilities:

Commercial Insurance Procurement Support and Coordination:

  • Coordinate and manage insurance renewal applications
  • Coordinate and manage allocation of insurance premiums
  • Report and track policy changes
  • Record management and organization
  • Responsibility for General Liability, Auto, and Workers Comp claims
  • Surety bond/Builders Risk procurement

Captive Insurance Support and Coordination:

  • Underwriting
  • Loss reserves
  • Record management and organization

Other Risk Management Responsibilities:

  • Coordination of safety training
  • Conduct research on emerging risks & mitigation options
  • Firm RFP/RFQ assistance
  • Firm qualification site management
  • Review of insurance provisions in contracts
  • Support various office locations with lease and content issues

Qualifications:

To perform this job successfully, an individual must be able to perform each primary duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary duties.

Education and Experience:

  • Bachelor’s degree or relevant Risk Management or Insurance designation(s)
  • Minimum 5 years relevant work experience required
  • Advanced experience with Microsoft Office (Word, Excel, PowerPoint and Outlook)

Knowledge, Skills and Abilities Required:

  • Excellent communication and interpersonal skills
  • Ability to effectively communicate with all levels of the organization
  • Flexibility to adjust to dynamic work environment
  • Ability to work independently
  • Accuracy and detail oriented
  • Excellent problem solving capabilities and organizational skills
  • Ability to maintain high level of confidentiality
  • Must be a self-starter with the ability to manage multiple priorities/tasks in an efficient manner

Working Conditions and Physical Effort:

  • Work is normally performed in a typical office environment
  • No or very limited physical effort is required
  • No or very limited exposure to physical risk

Job Tags

Work experience placement,

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