Insurance & Risk Management Specialist

Fast Retailing; New York (NY); Hybrid; USD 85,000 - 92,000; Full time

Benefits offered by this job

Medical, dental and vision coverage

401(k) with company match

Generous PTO and holidays

Employee discount program

Hybrid work model

Job summary

Fast Retailing USA, Inc. seeks a risk management professional to administer risk, insurance, and safety compliance programs across its USA brands.

You will gather underwriting data, assist with renewals, and manage property, casualty, and workers’ compensation claims while coordinating with brokers and internal stakeholders. The role emphasizes data collection, analysis, policy implementation, and training to minimize risk and ensure regulatory compliance.

Qualifications

• Bachelor’s Degree in Risk Management or related area required, with a minimum of 2 years in risk management or insurance administration
• Excellent organizational and communication skills with collaboration and drive to exceed expectations
• Strong analytical abilities and a commitment to accuracy
• Ability to organize data meaningfully using detailed summaries or graphical formats

Responsibilities

• Provide day-to-day support and administration of risk management, insurance, and safety compliance initiatives
• Assist Risk Management lead with insurance renewals by gathering underwriting data and organizing documentation
• Manage property, casualty, and workers' compensation claims, coordinate investigations, and support return-to-work programs
• Collaborate with internal partners to implement and maintain policies and training to minimize risk and ensure regulatory compliance
• Coordinate risk control visits, claims reviews, and follow-up on loss control recommendations
• Maintain risk management and safety databases and portals
• Collect and maintain accurate location, inventory, and asset data from internal and external stakeholders
• Run reports to analyze safety and loss data using available programs
• Support training coordination and record-keeping to comply with regulatory requirements
• Support risk transfer programs, including certificate of insurance management and reviews of third-party certificates
• Review premium invoicing for accuracy and timely submission

Skills

Risk management

Insurance

Data analysis

Microsoft Excel

Microsoft Word

PowerPoint

Communication skills

Organizational skills

Attention to detail

Education

Bachelor's Degree in Risk Management or related area

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

This position will provide day-to-day support and administration of risk management, insurance, and safety compliance initiatives for all Fast Retailing USA, Inc. brands while applying professional concepts to collect, analyze, and maintain data relating to the Company’s property and casualty insurance programs.

What You’ll Do

• Support job duties and tasks that cover risk management, insurance, safety and compliance
• Assist Risk Management lead with insurance renewals by gathering and organizing underwriting data, reviewing final issued policy documentation, schedules of insurance, and premium installment schedules, and distributing post-renewal documentation to internal and external stakeholders
• Property, casualty and workers compensation claim management and analysis, including communication with business operations, brokers, insurance adjusters, ongoing monitoring and coordination of claim investigations, and supporting return to work program
• Collaborate with internal partners on the implementation and maintenance of policies, procedures, and training programs designed to minimize risk and ensure compliance with regulatory requirements
• Coordinates risk control visits and claims reviews and ensures follow-up actions and/or loss control recommendations are completed
• Maintains risk management and safety database and portals
• Ongoing collection and maintenance of accurate location, inventory, and asset data from internal and external stakeholders
• Utilize various programs available to run specialized reports to view, analyze, and evaluate safety and loss data
• Supports the coordination of safety and compliance training and maintains training records in compliance with regulatory requirements
• Supports company’s risk transfer program, including certificate of insurance management and reviews of third-party certificates of insurance to validate coverage as compared to contractual requirements
• Review premium invoicing, confirming accuracy and timely submission
• Other related duties as assigned

What You’ll Bring

• Bachelor’s Degree in Risk Management or related area required with a minimum 2 years of experience in the administration of a risk management program and/or in the field of insurance
• Excellent organizational and communication skills, the ability to collaborate with colleagues, and the drive to exceed expectations
• Strong analytical abilities and a deep commitment to accuracy
• Ability to organize data meaningfully using detailed summary or graphical formats
• Strong working knowledge of Microsoft Office (e.g. Excel, Word, and PowerPoint), with Microsoft Excel formula functions knowledge required, and a demonstrated ability to learn new software applications
• Property and casualty insurance-specific knowledge plus a demonstrated knowledge or ability to learn, interpret, and apply the following: technical understanding of insurance principles; ability to read, interpret and analyze insurance policies; and knowledge and ability to apply industry-standard best practices for claim administration are all essential
• Ability to maintain confidential and sensitive information according to the organization’s policies
• Base salary $85,000 – $92,000 *, commensurate with experience
• Semi-annual performance bonus eligibility
• Medical, dental, and vision coverage
• 401(k) with fully vested company match
• Generous PTO and company holidays
• Employee discount program
• Hybrid flexibility following onboarding, with in-office presence expected at least three days per week, with flexibility for increased onsite presence to meet the needs of the business

*The offered salary or salary range is based on several factors, including, but not limited to, overall experience, relevant experience, education level, certifications, applicable skills and expertise, and location of the position.

As an Equal Opportunity Employer, Fast Retailing does not discriminate against applicants or employees because of race, color, creed, religion, sex, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other status or condition protected by applicable federal, state, or local law.