Analyst- Risk Management Insurance

19 Minutes ago • 3 Years + • $77,400 PA - $110,300 PA
Risk Management

Job Description

As a member of the Risk Management group, you will support the company’s insurance and risk management programs through detailed analysis, claims coordination, and policy administration. You will work closely with internal departments, brokers, insurers, and third-party administrators to manage risk exposures and ensure proper insurance coverage. This role involves preparing reports and presentations for senior leadership, contributing directly to the company’s ability to manage risk effectively and operate securely across all business units.
Must Have:
  • Bachelor’s degree in Finance, Risk Management, Insurance, or a related field
  • 3+ years of experience in insurance, risk management, or a related role
  • Strong understanding of insurance principles, policy structures, and claims processes
  • Proficiency with Microsoft Excel and risk management software
  • Excellent written and verbal communication skills
  • High attention to detail and strong organizational skills
  • Ability to work independently and manage tasks with minimal supervision
  • Evaluate and manage corporate insurance programs
  • Analyze risk exposures and loss trends
  • Maintain insurance policy documentation, certificates of insurance, and claims records
  • Coordinate with internal departments and external partners
  • Support claims management from intake through resolution
  • Prepare reports and presentations on insurance coverage, claims status, and risk metrics
  • Review contractual insurance requirements
  • Participate in risk assessments and enterprise risk management initiatives
  • Process invoices and prepare internal premium allocation schedules
  • Assist with global surety bond portfolio management and coordination
Perks:
  • Performance bonus
  • Health benefits
  • Welfare benefits
  • Retirement benefits
  • Up to 20-25% global travel

Add these skills to join the top 1% applicants for this job

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It’s not just about your career or job title… It’s about who you are and the impact you will make on the world. Because whether it’s for each other or our customers, we put People First. When our people come together, we Expand the Possible and continuously look for ways to improve what we create and how we do it. If you are constantly striving to grow, you’re in good company. We are revolutionizing the way the world moves for future generations, and we want someone who is ready to move with us.

How will you make a difference?

As a member of the Risk Management group, you will be responsible for supporting the company’s insurance and risk management programs through detailed analysis, claims coordination, and policy administration. You’ll work closely with internal departments, brokers, insurers, and third-party administrators to manage risk exposures and ensure proper insurance coverage. This role reports to the Sr. Manager, Risk Management and regularly prepares reports and presentations for senior leadership. Your work will directly contribute to the company’s ability to manage risk effectively and operate securely across all business units.

What do we want to know about you?

  • Bachelor’s degree in Finance, Risk Management, Insurance, or a related field
  • 3+ years of experience in insurance, risk management, or a related role
  • Strong understanding of insurance principles, policy structures, and claims processes
  • Proficiency with Microsoft Excel and risk management software
  • Excellent written and verbal communication skills
  • High attention to detail and strong organizational skills
  • Ability to work independently and manage tasks with minimal supervision

What will your typical day look like?

  • Evaluate and manage corporate insurance programs, including property, casualty, liability, and specialty lines
  • Analyze risk exposures and loss trends to support insurance renewals and mitigation strategies
  • Maintain insurance policy documentation, certificates of insurance, and claims records
  • Coordinate with internal departments and external partners (brokers, insurers, TPAs)
  • Support claims management from intake through resolution
  • Prepare reports and presentations on insurance coverage, claims status, and risk metrics
  • Review contractual insurance requirements
  • Participate in risk assessments and enterprise risk management initiatives
  • Process invoices and prepare internal premium allocation schedules
  • Assist with global surety bond portfolio management and coordination

What about the physical demands of the job?

  • Prolonged periods of sitting and working on a computer
  • Up to 20-25% global travel
  • Ability to communicate effectively via phone, video, and in-person meetings

You may also be asked to perform other duties outside of your function or trade, for which adequate training will be provided if necessary.

This role is also eligible for a performance bonus. More information on offered benefits, which include health, welfare, and retirement, is available at mywabtecbenefits.com.

Wabtec will only employ those who are legally authorized to work in the U.S. for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable) and fitness for duty test (as applicable).

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