Corporate Insurance Analyst

PayPal; Chicago (IL); Hybrid; USD 96,000 - 142,000; Full time

Benefits offered by this job

Performance bonus

Equity

Hybrid work model

Job summary

PayPal is seeking a detail-oriented Corporate Insurance Analyst in Chicago to support day-to-day administration of the organization’s insurance programs. You will work with the Senior Director of Risk Management, brokers, carriers, and stakeholders to ensure proper placement and administration across lines such as property, liability, D&O, E&O, cyber, and workers’ compensation.

Responsibilities include maintaining policy inventories, renewal calendars, and exposure schedules; coordinating with

Qualifications

• 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.
• Bachelor’s degree in Risk Management, Insurance, Finance, Business Administration, or a related field.
• 3–5 years of experience in corporate insurance, risk management operations, or a related insurance analyst role.

Responsibilities

• Perform daily cash management and forecasting activities to ensure operational liquidity.
• Monitor and manage cash positions to optimize investment opportunities.
• Review global bank account balances to support global Treasury and PayPal Business Units liquidity requirements.
• Support updates/enhancements to systems and processes.
• Develop and support Treasury policies, procedures, and controls.
• Monitor FX exposures; manage and execute daily FX trades including derivatives hedging with bank counterparties.
• Prepare data reports in support of monthly and quarterly controls.
• Assist with execution of Transformation initiatives.
• Identify and recommend process improvements for area of responsibility.
• Design and implement dashboard-based analytics platform and tools.

Skills

RMIS platforms

Excel proficiency

Budget tracking

Communication skills

Stakeholder management

Insurance knowledge

Education

Bachelor’s degree in Risk Management, Insurance, Finance, Business Administration, or related field

Tools

Origami Risk

Riskonnect

Ventiv

Job description

The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.

Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Summary

We are seeking a detail-oriented Corporate Insurance Analyst to support day-to-day administration of the organization’s insurance programs. This role works closely with the Senior Director of Risk Management, brokers, carriers, and stakeholders to ensure programs are properly placed and administered across all lines. RESPONSIBILITIES: Support placement, renewal, and administration of corporate insurance programs (property, liability, D&O, E&O, cyber, workers’ compensation). Maintain policy inventory, renewal calendars, and exposure schedules; benchmark coverage against peers. Coordinate with TPAs, adjusters, and carriers on claims; track open claims and prepare reports. Maintain RMIS data and generate analytics for renewals and executive reporting. Issue certificates of insurance and review contracts for compliance. Monitor the department budget, process purchase orders, and reconcile invoices. Prepare program summaries and renewal presentations; respond to cross-functional inquiries.

Job Description

Essential Responsibilities

• Perform daily cash management and forecasting activities to ensure operational liquidity
• Monitor and manage cash positions to optimize investment opportunities
• Review global bank account balances to support global Treasury and PayPal Business Units liquidity requirements
• Support updates/enhancements to systems and processes
• Develop and support Treasury policies, procedures, and controls
• Monitor FX exposures; manage and execute daily FX trades including derivatives hedging with bank counterparties
• Prepare data reports in support of monthly and quarterly controls
• Assist with execution of Transformation initiatives
• Identify and recommend process improvements for area of responsibility
• Design and implement dashboard-based analytics platform and tools

Minimum Qualifications

• 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Additional Responsibilities & Preferred Qualifications

• Bachelor’s degree in Risk Management, Insurance, Finance, Business Administration, or a related field
• 3–5 years of experience in corporate insurance, risk management operations, or a related insurance analyst role
• Working knowledge of commercial insurance lines including property, casualty, liability, and financial lines (D&O, E&O, Cyber)
• Familiarity with the insurance placement and renewal process, including broker and carrier coordination
• Experience administering claims and coordinating with TPAs, adjusters, or carriers
• Familiarity with captive insurance operations
• Proficiency with RMIS platforms for policy and claims administration (e.g., Origami Risk, Riskonnect, Ventiv, or equivalent)
• Demonstrated ability to issue and manage certificates of insurance and review contracts for insurance requirements
• Experience with budget tracking, invoice reconciliation, and purchase order processing
• Strong organizational skills with the ability to manage multiple concurrent deadlines and priorities
• Excellent written and verbal communication skills; comfortable interacting with brokers, carriers, and internal stakeholders at all levels
• Proficiency in Microsoft Office Suite, particularly Excel; experience with data reporting and basic analytics

Subsidiary

PayPal

Travel Percent

5

Primary Location : Pay Range

Chicago, Illinois: ($95,500.00 - $141,900.00 Annually)

Additional Location(s) : Pay Range

No other locations are assigned to this requisition currently.

Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset-you. That’s why we offer comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most.We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

Commitment to Diversity and Inclusion

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [e-mail].

Belonging at PayPal

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates.