Corporate Insurance & Risk Management Analyst

Chubb Corporation; Philadelphia (Philadelphia County); On-site; USD 65,000 - 95,000; Full time

Job summary

Chubb Corporation in Philadelphia, PA, seeks a Corporate Insurance & Risk Management Analyst to support the corporate insurance and risk management function and related Global Treasury activities. You will work across levels internally and externally, applying strong organizational, analytical, and detail-oriented skills while developing in a dynamic environment.

Responsibilities include collecting and analyzing underwriting data, preparing renewal submissions, supporting global programs,

Qualifications

• A Bachelor of Science degree in Risk Management, Business, Finance, or a related discipline.
• 2-3 years of experience in a corporate risk management environment.
• Professional certifications in risk management or insurance (e.g., ARM, CPCU) are a plus.
• Strong communication, written, and analytical skills.

Responsibilities

• Assist with collection and analysis of underwriting information including loss data, prepare submissions for renewals of Chubb’s Corporate Insurance Program.
• Assist with implementation of Chubb’s Global programs, including communication with local offices and policy review.
• Explain applicable deductibles and potential financial risk to the business if coverage is unclear.
• Review vendor contracts and lease agreements for compliance with risk management guidelines.
• Verify coverage documents and track timely delivery and changes by brokers/insurers.
• Support reporting and administration of P&C claims related to Corporate Insurance programs.

Skills

Communication skills

Analytical skills

Written communication

Education

Bachelor of Science degree in Risk Management, Business, Finance, or a related discipline

Job description

Corporate Insurance & Risk Management Analyst

Philadelphia, PA, United States

Trending

Job Description

Corporate Insurance and Risk Management Analyst will be primarily responsible for supporting the corporate insurance and risk management function with additional ad hoc support for the other functions within the Global Treasury unit.Critical factors to success include ability to work effectively across all levels both internally and externally, strong organizational, analytical and attention to detail skillsets, and willingness/desire to learn and develop in a dynamic environment.

The position reports directly to the Director, Corporate Insurance & Risk Management. Primary responsibilities include:

Assist with collection and analysis of underwriting information incl. loss data, independently prepare submissions and complete applications for renewals of Chubb’s Corporate Insurance Program.

Assist with implementation of Chubb’s Global programs, incl. communication with local offices, policy review, local certificates of insurance, anti-money laundering documentation, etc.

Keep abreast of new exposures of the organization, explore potential coverage with broker partners and communicate appropriately to the business about whether coverage exists under current insurance programs. Explain applicable deductibles and/or retentions and the potential financial risk to the business if necessary.

Review vendor contracts and lease agreements to ensure compliance with Chubb’s internal risk management guidelines/policies.

Verify receipt and accuracy of coverage binders, policies, endorsements, and all other coverage documentation within established specifications. Tracks and monitors timely completion of policy delivery, corrections, and necessary changes by brokers / insurers.

Update summaries/schedules of insurance + distribute internally as appropriate.

Manage the administrative payment function of all invoicing (central & local); aid in managing the global insurance budget, cost allocation & collection to/from local Chubb offices.

Complete annual Surveys of Occupational Injuries and Illnesses as requested by Bureau of Labor Statistics.

Assist with reporting & administration of P&C claims related to Corporate Insurance programs.

Assist with administration of Chubb’s monopolistic WC programs incl. coordination with Chubb payroll to ensure timely reporting and assistance with claims reporting.

Process all certificate of insurance requests and manage Chubb’s certificates of insurance process.

Qualifications

A Bachelor of Science degree in Risk Management, Business, Finance, or a related discipline

2-3 years of experience in a corporate risk management environment, underwriting or brokerage experience handling global accounts or equivalent

Professional certifications in risk management or insurance (e.g., ARM, CPCU) are a plus.

Strong communication, written, and analytical skills.

About Us

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Job Info

• Job Identification 35381
• Job Schedule Full time
• Regular or Temporary Regular
• Job Category Credit Management
• Business Unit United States
• Legal Employer ACE American Insurance Company