Risk Management Analyst

Labcorp • Raritan, NJ

433d • $48,930 - $93,602

About The Position

The Risk Management Analyst at Labcorp will support the department in managing corporate insurance programs. This role involves leveraging data analytics to analyze premiums, claims administration expenses, and collateral costs to determine the total cost of risk. The analyst will develop reports and recommendations to optimize decision-making and reduce risk costs and volatility.

Requirements

• 0-2 years experience in insurance or risk management; or Insurance or Risk Management degree
• Experience preparing applications and other exposure data for insurance renewals
• Experience managing certificates of insurance
• Intermediate Excel experience

Nice To Haves

• CPCU, ARM, CRM or other professional designation preferred

Responsibilities

• Oversee certificate of insurance process
• Analyze and prepare Risk Management reports for key metrics, including property losses and total cost of risk
• Support information gathering and data collection for insurance applications for approximately 30 different lines of insurance
• Maintain database of all global policies
• Provide Risk Management support to internal customers and suppliers

Benefits

• Medical
• Dental
• Vision
• Life
• STD/LTD
• 401(k)
• Paid Time Off (PTO) or Flexible Time Off (FTO)
• Tuition Reimbursement
• Employee Stock Purchase Plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Ambulatory Health Care Services
• Education Level: High school or GED