Corporate Risk Assessment Specialist
2 weeks ago
Location: Richmond, VA
Elevance Health embraces a Hybrid Workforce Strategy, offering various levels of flexibility while ensuring associates have opportunities for in-person collaboration.
Unless designated as primarily virtual by the hiring manager, associates are expected to work at an Elevance Health location at least once per week, with potential for more frequent onsite presence. Specific requirements regarding onsite time will be discussed during the hiring process.
Role Overview:
The Risk Management Analyst plays a crucial role in supporting the department with all facets of the corporate insurance program. This includes gathering, coordinating, and maintaining exposure and underwriting information necessary for insurance renewals.
Key Responsibilities:
Primary duties may include, but are not limited to:
- Claims Management: Reporting incidents and claims to insurance carriers, providing updates, conducting claims reviews, and acting as a liaison between Legal and carriers regarding covered claims and litigation.
- Policy Administration: Issuing certificates, requesting necessary endorsements, and ensuring the receipt of renewed policies.
- Renewal Coordination: Collecting and maintaining exposure and underwriting data for renewals, ensuring the receipt of all policies, binders, and invoices.
- Business Unit Support: Assisting with data compilation for audits, producing loss runs, supporting the surety program, and handling department-related tasks such as invoice processing, data reconciliation, and aiding in the creation of presentations and meeting coordination.
Minimum Qualifications:
Requires a BA/BS degree or a combination of education and experience that provides an equivalent background.
Preferred Skills and Experience:
Prior experience in business insurance, risk management, or claims management is preferred. Intermediate proficiency in MS Office products (Excel, PowerPoint) is also preferred. Experience in executing initiatives with interdisciplinary teams with minimal supervision is advantageous. Familiarity with audits, lease reviews, contracts, and RFPs is beneficial. A basic understanding of business insurance, risk management, and claims management is desirable. Strong written and verbal communication skills are essential.
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