Analyst, Risk Management-1

Home Depot; United States; On-site; USD 75,000 - 95,000; Full time

Job summary

The Home Depot is seeking a Risk Management Analyst to assist in coordinating risk financing programs and to maintain the Risk Management Information System (RMIS). This role supports the Risk Management department's information system needs and works closely with Legal and Safety teams.

You will liaise with the RMIS vendor, oversee monthly reports, assist in insurance renewal information, and manage workers' compensation programs, including state filings.

Qualifications

• Bachelor's degree in a related field or equivalent.
• Experience with RMIS or risk-management information systems.
• Strong analytical, problem-solving, and communication skills.

Responsibilities

• Manage RMIS and liaise with the RMIS vendor.
• Oversee monthly field reports and ad hoc reports; train users.
• Assist in preparing renewal information and applications.
• Administer workers' compensation programs and state filings.
• Coordinate and distribute statistical and claims data reports.
• Ensure data integrity of RMIS across departments.

Skills

Interpersonal skills

Oral and written communication

Analytical thinking

Problem solving

MS Office

Mainframe applications

Education

Bachelor's degree or equivalent

Tools

RMIS

Job description

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose

Assist in the coordination and administration of the risk financing programs. Responsible for maintaining the Risk Management Information System (RMIS) and coordinating the information system needs of the Risk Management Department.

Key Responsibilities

• Manage the Risk Management Information System (RIMS); act as liaison with the RIMS vendor.
• Oversee production of monthly field reports, as well as ad hoc reports; training of users in systems from various departments.
• Assist in the preparation of U.S. and international insurance renewal information and applications.
• Administration of workers'compensation self-insurance and monopolistic state/province programs, including annual review of cost effectiveness and filings with state agencies.
• Coordinate/design preparation and distribution of monthly and quarterly statistical reports, as well as special reports for Division and Executive Management; prepare and distribute quarterly claims data reports for actuarial review; administer workers'compensation and general liability allocation program; design and run, upon request, analytical or informational reports for all functions of the Risk Management, Legal and Safety Departments.
• Oversight of Certificate of Insurance issuance, Memorandum of Insurance, vehicle insurance identification cards and surety bond process.
• Coordinate the integration of various claims data resources (e.g., telereporting service, third-party claims administrators, insurers, state/provincial workers'compensation agencies, etc.) and exposure data (I.e., labor hours, transactions and sales) into the RMIS.
• Review insurance and indemnifications of contracts and provide feedback to the Legal Department and/or outside counsel.
• Ensure data integrity of the RMIS process through coordination with Data Quality Coordinator and vendor partners.

Direct Manager/Direct Reports

Typically repots to Director of Risk Management. No direct responsibility for supervising others.

Travel Requirements

Typically requires overnight travel less than 10% of the time.

Physical Requirements

Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.

Working Conditions

Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications

• Must be eighteen years of age or older.
• Must be legally permitted to work in the United States.

Preferred Qualifications

• ARM, CPCU
• Intimate knowledge of insurance contracts and other risk transfer vehicles.
• Understanding of financial/accounting principles, including strong analytical and critical thinking abilities.
• Ability to manage and control outside vendor partners.
• Knowledge of risk and claims management information systems.

Minimum Education

The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.

Preferred Education

No additional education

Minimum Years of Work Experience

3

Preferred Years of Work Experience

No additional years of experience

Minimum Leadership Experience

None

Preferred Leadership Experience

None

Certifications

None

Competencies

• Highly developed interpersonal skills for dealing with sensitive or controversial situations.
• Effective oral and written communication skills and problem solving.
• Knowledge and experience in strong analytical and critical thinking abilities and capable of making timely decisions while functioning in a fast-paced, changing work environment.
• Ability to solve problems by considering courses of action within the framework of management's goals and standards.
• Proficient with MS Office and ability to use mainframe applications.