Analyst, Owner Controlled Insurance Programs

Metropolitan Transportation Authority (MTA); New York (NY); Hybrid; USD 74,000 - 86,000; Full time

Job summary

An established industry player is seeking an Analyst for Owner Controlled Insurance Programs. This role involves supporting senior analysts and managing daily operations of insurance programs, focusing on safety and claims oversight. The ideal candidate will possess strong communication skills and a deep understanding of the insurance industry, particularly in relation to construction projects. This position offers a unique opportunity to contribute to a vital transportation network while ensuring compliance and mitigating risks. Join a team dedicated to providing safe and reliable services to millions of commuters in the region.

Qualifications

• Bachelor’s degree or equivalent experience in vendor contract negotiation.
• Minimum of 2 years of related experience required.

Responsibilities

• Assist in managing Owner Controlled Insurance Programs and monitor risks.
• Conduct audits and inspections to ensure safety compliance.
• Assist in accident investigations and claims reporting.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

Organization Skills

Knowledge of Insurance Industry

Risk Management

Education

Bachelor’s degree in accounting, finance, business, or related field

Master’s degree in a related field

Tools

SafeWorks

Microsoft Office (Excel, Word, PowerPoint)

PeopleSoft system software

Job description

Analyst, Owner Controlled Insurance Programs

Job ID: 10997

Business Unit: MTA Headquarters

Location: New York, NY, United States

Regular/Temporary: Regular

Department: Office of Insurance & Risk Mgt

Date Posted: Mar 20, 2025

Description

JOB TITLE: Analyst, Owner Controlled Insurance Programs

SALARY RANGE: $74,000 - $86,000

HAY POINTS: 372

DEPT/DIV: Risk and Insurance Management

SUPERVISOR: Deputy Director, OCIP

LOCATION: 2 Broadway

HOURS OF WORK: 9:00 AM - 5:30 PM (7 ½ hours/day)

DEADLINE: Open until filled

This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire.

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

SUMMARY: The Analyst OCIP provides varying levels of support and analysis to Senior OCIP Administration Claims Analyst, Assistant Director and Deputy Director; actively contributes to managing the day-to-day operations of an Owner Controlled Insurance Programs (OCIP) including oversight of safety, claims and administrative services provided by the insurance broker and/or insurance provider, and loss control. Position requires strong communications skills and knowledge of the insurance industry and construction.

RESPONSIBILITIES:

• Assist in the administration of the Insurance Broker Contract for MTA Owner Controlled Insurance Programs and monitor and assess risks associated with OCIP-covered projects.
• Oversee the performance of vendor safety consultants by conducting weekly field audits of construction projects, reviewing written reports, reviewing invoices and approving them if the work has contractual standards, addressing performance issues with the contractor when possible, and escalating issues to other parties as needed.
• Assist in accident investigations and the reporting of claims by coordinating services and acting as liaison with project management and by conducting site safety audits and inspections to identify hazards.
• Assist broker in the collection and dissemination of underwriting data for the OCIP insurers and review subcontractor safety programs and provide guidance as needed.
• Assist in development and implementation of recommendations for common procedures on managing and controlling MTA-wide OCIPs, including recommendations to mitigate risk exposures and ensure compliance with regulatory standards.
• Analytics skills to produce loss run reports.
• Other duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Must have knowledge of the insurance industry, claims management, and Owner Controlled Insurance Programs (OCIP).
• Possess a strong understanding of risks associated with capital construction projects of a public transportation authority.
• Ability to work with other departments to develop information necessary to handle, define and resolve issues.
• Must have excellent analytical, problem-solving, and quantitative skills.
• Must have excellent communication and organization skills to work with multiple stakeholders.
• Experience with risk management software preferred (SafeWorks).
• Demonstrated proficiency in Microsoft Office (Excel, Word, PowerPoint).

EDUCATION AND EXPERIENCE:

Required:

• Bachelor’s degree (preferably in accounting, finance, business, business administration, economics, or related field) or an equivalent combination of education and experience in the negotiation and coordination of multiple vendor contracts may be considered in lieu of a degree.
• Minimum of 2 years of related experience.

Preferred:

• Master’s degree in a related field.
• 5-7 years of experience in construction, investigations, loss control, project management or safety.
• Participation in ongoing insurance courses a plus, such as Certified Safety Professionals (CSP).
• Knowledge of PeopleSoft system software.
• Familiarity with the MTA’s policies and procedures.

OTHER INFORMATION: Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity: MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including with respect to veteran status and individuals with disabilities. The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.