Senior Insurance & Risk Analyst

Job Description:

At Pentair, you will work alongside passionate problem-solvers who are committed to the future of our planet. We put our purpose into practice, helping people sustainably move, improve, and enjoy water, life's most essential resource. From our residential and commercial water solutions to industrial water management and everything in between, our 9,750 global employees serve customers in more than 150 countries, working to help improve lives and the environment around the world.

We have an opportunity for a Senior Insurance & Risk Analyst to join our Treasury, Capital Markets, and Risk Management team in Golden Valley, MN. Reporting to the Sr Manager, Capital Markets & Insurance, you will work in partnership with stakeholders to assess and manage insurable risks, deploy and enhance insurance programs, and help drive strategic initiatives. This is an excellent opportunity for someone with a strategic mindset and operational discipline, a passion for balancing risk mitigation with business enablement, and proven collaboration across Legal, EHS, Finance, and third-party vendors.

\*\* This is a permanent, direct-hire position. You will work a hybrid work schedule with 3 days/week on-site in Golden Valley, MN. \*\* #LI-Hybrid

You will:

• Collaborate with the Sr Manager, Capital Markets & Insurance, on annual renewals of property, executive risk, casualty, cyber, and other insurance lines.
• Manage claims workflows and data submissions with brokers, third-party administrators (TPA), and carriers.
• Issue Certificates of Insurance and maintain policy documentation.
• Support our captive insurance operations, ensuring compliance with Vermont regulations.
• Prepare insurance budgets and forecasts in partnership with business leadership.
• Partner with Environmental Health & Safety professionals to identify and implement safety enhancements and loss reduction strategies based on results from third-party assessments.
• Assist in major loss response and emergency coordination.
• Engage with Legal on risk valuation and reserve-setting for claim exposures.
• Contribute to the ongoing development and governance of our Enterprise Risk management framework – help define reporting standards, risk appetite measures, and policy review cycles.
• Review third-party contracts for insurance and indemnity requirements
• Support ad-hoc Treasury and Risk tasks and projects across the department.

Key Qualifications:

• Have earned a bachelor's (B.A. or B.S.) degree.
• Have 5+ years of risk management / insurance program administration experience, including coordinating global insurance renewals, claims management, reporting, risk transfer support, etc. for a large, global company.
• Experience in captive insurance operations, such as supporting filings and compliance with captive jurisdiction, coordinating actuarial studies and/or financial reporting is highly preferred.
• Advanced proficiency in data analytics using tools like Microsoft Excel or Power BI for budgeting and allocation purposes, analyzing loss trends, creating dashboards, and/or assisting with forecasting reserves for insurance claims.
• Effective verbal and written communication at all levels of an organization.
• Strong organizational skills and an ability to manage multiple projects and tasks with competing priorities.
• Ability to think critically and analyze complex problems.
• Strong business intuition and curiosity to go beyond the data.

Compensation:

For this full-time position working at this location, the anticipated annualized base pay range will be from $82300- $152800 / year. At Pentair, it is not typical for an individual to be hired near the bottom or top of the pay range. Pentair considers various factors in determining actual compensation for this position at the expected location. Actual compensation will be commensurate with a demonstrable level of experience and training, pertinent education including licensure and certifications, work location, and other relevant business or organizational needs. This position may be eligible for other forms of compensation such as an annual incentive bonus.

Benefits:

As a Pentair employee, you would enjoy a wide array of benefit options to help keep you and your family healthy and protected, health benefits, a generous 401(k), employee stock purchase program, disability benefits, life insurance, critical illness insurance, accident insurance, parental leave, caregiver leave, tuition reimbursement, plus paid time off and wellness programs to encourage a healthy work/life balance.