Insurance Risk Analyst

Methodist Health System

Dallas (TX)

On-site

USD 75,000 - 110,000

Full time

5 days ago

Be an early applicant

Get a reply from this employer

Your resume and cover letter, tailored to exactly what they’re hiring for.

Get past ATS filters

Job summary

The Insurance Risk Analyst will support Methodist Health System's Corporate Risk Management and insurance programs, working with the Legal Department to manage claims, risk data, and contract-related exposures within the Dallas–Fort Worth metro area.

Requirements include a bachelor’s degree and at least 3 years in commercial/property/liability insurance; healthcare exposure is a plus. Strong communication, MS Office proficiency, and familiarity with claims systems are essential.

Qualifications

Bachelor’s degree strongly preferred.
3+ years of commercial/property/liability insurance experience; healthcare exposure desirable.
Knowledge of insurance terminology and principles preferred.
Experience with property/casualty/liability insurance placements.
Proficient in MS Office, claims management systems, expense/billing and contract management systems.
Knowledge of employment law in healthcare settings desirable.
Excellent oral and written communication; detail-oriented and methodical.

Responsibilities

Assist in insurance placement and ensure accurate application data and documentation.
Manage insurance/claims verification and related documentation for claims and renewals.
Collaborate on data management, reporting and exposure data integrity for risk management.
Support legal affairs with discovery responses, subpoenas and related claim matters.

Skills

Insurance terminology

Property/casualty

Liability placements

MS Office

Claims management system

Employment law knowledge

Communication skills

Education

Bachelor's degree

Tools

MS Office

Claims management system

Job description

The role will directly support the Corporate Risk Management and insurance procurement functions for the enterprise, the employment law practice area, and the Legal Department’s overall responsibilities. At the direction of AVP Corporate Risk Management (CRM) the Insurance Risk Analyst may be required to attend meetings, depositions and trials within the Dallas-Fort Worth Metropolitan area as well as to Methodist Health’s owned and/or operated facilities.

Job Requirements:

Education:

Bachelor’s degree from accredited college or university and/or multi-line insurance training/experience strongly preferred.

Licenses and/or Certifications:

Work Experience:

The Insurance Risk Analyst will be expected to have at least 3 years of commercial/ property/liability insurance experience; working in litigation or a healthcare highly desirable.

Related Work Experience and Other Skills:

Knowledge of insurance terminology and principles preferred, with a strong desire to expand their knowledge base to positively contribute to a strong cohesive group.
Experience with property/casualty/liability insurance placements.
The Insurance Risk Analyst will be required to use their Microsoft Office skills, claims management system, expense/billing and contract management systems to elevate the level of service the Legal Department provides to the enterprise.
Knowledge of employment law in a healthcare setting is desirable along with a strong desire to acquire new knowledge.
Exceptional oral and written communication skills are required to support the department’s mission and goals along with being detail oriented, logical, and an ability to methodically approach problem solving.

Job Roles:

Insurance:

Have a thorough understanding of organizational structure in order to assist in insurance placement.
Assure insurance applications are completed, track and document all exposure data obtained from various internal sources.
Accurately and timely process all related documentation including binders, proposals, policies, endorsements etc.
Adhere to insurance application deadlines and communicate with all parties as needed managing daily activity of commercial placement.
Be responsible to assure all premium invoices are processed and paid for the enterprise.
Assists with preparing and completing multiple property and casualty insurance applications, keeping and maintaining insurance records along with fulfilling various Corporate Risk and insurance functions and responsibilities.

Claims:

Be responsible in managing insurance/claims verification for members insured by MHS’ self-insurance Trust.
Must be able to interpret contracts/lease agreements and process certificates of insurance accordingly.
Communicate with internal/external parties to assure premium invoices are accurate and document according to organizational guidelines.
Be responsible to assure all litigation related invoices are processed and paid for the enterprise
Communicates with insurance adjusters, witnesses, experts, and external defense counsel in preparation for depositions, mediations, arbitrations, and trials.

Data Management:

Responsible for managing all documents, information and exposure data, including property locations and values in risk management system and maintain accuracy for data integrity purposes.
Collaborate with team to produce reports, graphs and data to assist departmental needs.
Assist with generating data extraction from various sources.

Legal Affairs:

Researches law, investigates facts, and independently prepares documents to assist internal and external attorneys and Legal Department team members with claim matters, discovery responses, subpoenas management, etc.
Organizes and indexes complex case files and insurance renewal applications using claim/insurance management systems.
Maintains calendar deadlines to assist in the management of claims, insurance renewals, and carrier notifications and contributes to resolutions of claims.

Methodist Health System is a faith-based organization with a mission to improve and save lives through compassionate, quality healthcare. For nearly a century, Dallas-based Methodist Health System has been a trusted choice for health and wellness. Named one of the fastest-growing health systems in America by Modern Healthcare, Methodist has a network of 12 hospitals (through ownership and affiliation) with nationally recognized medical services, such as a Level I Trauma Center, multi-organ transplantation, Level III Neonatal Intensive Care, neurosurgery, robotic surgical programs, oncology, gastroenterology, and orthopedics, among others. Methodist has more than two dozen clinics located throughout the region, renowned teaching programs, innovative research, and a strong commitment to the community. Our reputation as an award-winning employer shows in the distinctions we’ve earned: