Insurance Compliance Analyst — Risk & Data Insights

Penske; Reading (Berks County); On-site; USD 65,000 - 100,000; Full time

Job summary

Penske Truck Leasing/Transportation Solutions in Reading, PA is seeking an Insurance Compliance Analyst to manage the Rental Insurance Process using Qlik to analyze approximately 75,000 certificates annually, identify compliance gaps and risk exposures, and coordinate system updates for continuous insurance compliance across rental transactions.

The role includes managing insurance for Interim accounts, handling renewals and certificate requests, and coordinating transitions from Interim to

Qualifications

• Bachelor's Degree in Business Administration, Risk Management, Finance, Economics, Accounting, Statistics or related fields preferred. If no degree, equivalent work experience is required.
• Knowledge of Penske training in U.S. and Canadian insurance coverages and how they relate to various business product lines; knowledge of insurance company ratings, hazardous material classifications, contract knowledge and a basic understanding of Liability and Physical Damage coverage. ARM, AIC, CPCU.
• Minimum 2 years of experience within insurance company, insurance agent/ broker, risk management or equivalent environment.
• Proficiency of Microsoft Office Products
• Basic Insurance Knowledge
• Advanced research, analytical and problem-solving skills
• Finding solutions to customer issues
• Knowledge of quick study in numerous in-house and outside information systems
• Excellent written and oral communication skills with the ability to communicate internally and externally at all levels
• Ability to manage effectively multiple priorities simultaneously
• Effective communication and presentation skills
• Excellent time management, organizational skills and follow-up with the ability to adapt as required based on changing priorities
• Ability to work under pressure and meet deadlines
• Regular, predictable, full attendance is an essential function of the job
• Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.

Responsibilities

• Renewal Process, Aging Default cases
• Deal escalation reviews, Hazmat Reviews, Sales prospecting questions
• Interims and extra’s Insurance & Rental Activity Dashboard reviews, Team Monthly Dashboard reviews
• Certificate Requests, reviewing contracts/issuing certificates for PTL, PL, and EPES, Compliance issues with vehicle suspensions, vehicle insurance ID card distribution, Monthly reporting as needed including ORIC vehicle reporting (FL, NY, NC, CA, MD, etc.)
• SOP Reviews (GH-IRM & Genpact), Genpact audits, Insurance agent questions, other projects as necessary.
• Other projects and tasks as assigned.

Skills

Analytical skills

Problem solving

Written and oral communication

Time management

Multitasking

Education

Bachelor's degree in Business Administration, Risk Management, Finance, Economics, Accounting, Statistics or related fields

Tools

Microsoft Office

Job description

Penske Truck Leasing/Transportation Solutions in Reading, PA is seeking an Insurance Compliance Analyst to manage the Rental Insurance Process using Qlik to analyze approximately 75,000 certificates annually, identify compliance gaps and risk exposures, and coordinate system updates for continuous insurance compliance across rental transactions.

The role includes managing insurance for Interim accounts, handling renewals and certificate requests, and coordinating transitions from Interim to