Insurance Risk Analyst | Mortenson

M. A. Mortenson Company; Minnesota; On-site; USD 77,000 - 117,000; Full time

Job summary

An established industry player is seeking an Insurance Risk Analyst to provide analytical support in Risk Management. This role focuses on assessing and managing risks across various operations, ensuring effective risk transfer strategies. You'll collaborate with diverse teams, engage in contract negotiations, and support project teams with insurance-related needs. Join a dynamic environment where your expertise will help shape the future of risk management in construction and beyond. If you're passionate about risk analysis and thrive in a collaborative setting, this opportunity is perfect for you.

Benefits

Medical and prescription drug plans

401k retirement plan with match

Paid time off and holidays

Employer paid Life and disability insurance

Mental health tool and resources

Adoption Assistance

Qualifications

• Minimum 3 years experience in risk management or insurance industry.
• Proficient in math and financial analysis, strong communication skills.

Responsibilities

• Identify, analyze, and manage risks faced by operations.
• Support estimating and project teams with insurance needs.
• Engage in contract reviews and negotiations.

Skills

Risk Management Principles

Financial Analysis

Microsoft Office Suite

Communication Skills

Organizational Skills

Customer Service

Active Listening

Education

Associate or Bachelor's Degree

Job description

Mortenson is currently seeking an Insurance Risk Analyst that will provide analytical support in all areas of Risk Management to a variety of team members across the company. The focus of the position is on providing consistent, high-level support in analysis of the overall risk profile of the company.

RESPONSIBILITIES

• Assist with identifying, analyzing and management of risks faced by Mortenson's operations and determining the best approach to transfer those risks.
• Primary responsibility in supporting estimating and project teams with all insurance and surety related operational needs.
• Engage in the review and negotiation of owner, designer, subcontract and material supplier agreements; provide support to business leaders involved in negotiations.
• Review requests for qualifications or proposals to identify and respond to risk management provisions of interest in bid documents and contracts.
• Provide the pricing and placement for liability insurance, builder’s risk, surety bonds and subcontractor default insurance.
• Provide ongoing support of operating groups for risk management related responsibilities.
• Collaborate with legal and operational leaders to manage and mitigate risks effectively.
• Effectively work and build relationships with those of diverse backgrounds and organizational levels.

QUALIFICATIONS

• Associate or bachelor’s degree preferred, but not required.
• Minimum of 3 years experience in risk management or insurance industry.
• Ability to effectively identify, manage and mitigate risk using risk management principles.
• Proficient math and financial analysis skills.
• Ability to work in a cross-functional, collaborative, team based environment.
• Strong skills in Microsoft Office Suite.
• Detail oriented, strong organizational skills, and excellent oral and written communication skills.
• Positive attitude and professional customer service skills.
• Active listening skills and effective communication including an openness to diverse input and feedback.
• Ability to maintain confidentiality of sensitive information.
• Prior experience in contract reviews and negotiations.
• Construction or insurance industry experience preferred.

A few benefits offered include:

(for Non-Craft & Non-Union Craft working 25+ hours / week)

• Medical and prescription drug plans that includes no additional cost vision coverage.
• 401k retirement plan with a generous Mortenson match.
• Paid time off, holidays, and other paid leaves.
• Employer paid Life, AD&D, and disability insurance.
• No-Cost mental health tool and concierge with extensive work-life resources.
• Adoption Assistance.

The base pay range for this role is $77,500 - $116,300 (Actual range is higher for the following office locations: Denver, CO and Chicago, IL – 5%, Seattle, WA, and Portland, OR – 10%, Washington, D.C. – 12.5%).

Base pay is positioned within the range based on several factors including an individual’s knowledge, skills, and experience, with consideration given to internal equity.

ABOUT MORTENSON

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise spans markets like sports, renewable energy, data centers, healthcare, and more. We are builders at heart, working to ensure the built environment has a lasting positive impact.

Your uniqueness brings new and creative perspectives to the team. Mortenson is committed to providing equal opportunities of employment (EOE) to all individuals, regardless of your race, religion, gender, national origin, age, veteran status, disability, marital status or any other legally protected category.