Risk Insurance Analyst

YSI Inc.; Charlotte, Northern (NC, KY); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

Hybrid work options

Medical, Dental, Vision insurance

401(k) with company contribution

Paid time off

Tuition reimbursement

Volunteer program

Job summary

Xylem is a Fortune 500 global water solutions company seeking a Risk Insurance Analyst to support administration of corporate insurance programs. Based in Charlotte, NC, this hybrid role collaborates across internal and external partners to manage renewals, claims, policy inventory, and risk reporting.

The position offers a competitive salary and benefits package. The ideal candidate holds a Bachelor's degree in a related field and 3–6 years in risk management or insurance, with strong Excel

Qualifications

• Bachelor’s degree in Risk Management, Finance, Business, Insurance, or a related field.
• 3-6 years of experience in risk management, insurance, claims, audit, or related discipline.
• Working knowledge of property and casualty insurance programs.
• Advanced proficiency in Microsoft Excel; experience with Power BI is preferred.
• Strong written and verbal communication skills, with the ability to collaborate across teams and with external partners.

Responsibilities

• Support the administration of Xylem's property, casualty, and other corporate insurance programs, helping ensure smooth day-to-day operations and effective policy management.
• Coordinate insurance renewal and policy administration activities, including collecting, validating, and preparing underwriting and exposure data for annual renewals.
• Maintain the policy inventory by tracking receipt, documenting details, and keeping records.
• Review and process insurance premiums and renewal activity through financial systems, ensuring proper approvals.
• Manage day-to-day claims activities, including intake, reporting, documentation, and coordination with brokers, carriers, and third-party administrators.
• Assist with filing new claims, gathering supporting documentation, monitoring progress, and follow-up.
• Monitor, analyze, and report on claims activity and loss trends.
• Support certificates of insurance requests and respond to department mailbox.
• Track certificates of insurance and state compliance requirements.
• Assist in managing relationships with brokers, carriers, and third-party service providers.
• Respond to ad hoc risk management requests and serve as a point of contact for routine insurance inquiries.
• Support business continuity and resilience initiatives and identify risk-management process improvements.

Skills

Analytical skills

Organizational skills

Problem-solving

Written and verbal communication

Education

Bachelor’s degree in Risk Management, Finance, Business, Insurance, or related field

Tools

Microsoft Excel

Power BI

Job description

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.

Xylem is seeking a Risk Insurance Analyst to support the administration of our corporate insurance and risk management programs. This role will focus on property, casualty, and related insurance activities, including renewals, claims administration, policy tracking, certificates of insurance, and risk-related reporting and analysis. Based in Charlotte, NC, this position will partner with internal stakeholders across the business as well as external brokers, carriers, and third-party administrators to help ensure efficient insurance program administration, timely claims follow-up, and responsive support for day-to-day risk management needs. This is an excellent opportunity for a detail-oriented professional who enjoys working cross-functionally and contributing to a critical corporate function.

Work Arrangement: Hybrid (in office 3 days per week).

Risk Insurance Analyst Responsibilities:

• Support the administration of Xylem's property, casualty, and other corporate insurance programs, helping ensure smooth day-to-day operations and effective policy management.
• Coordinate insurance renewal and policy administration activities, including collecting, validating, and preparing underwriting and exposure data for Xylem's annual insurance renewals to support accurate presentation of the company’s risk profile to insurers.
• Maintain the company’s insurance policy inventory by tracking policy receipt, documenting key policy details in the master insurance database, and keeping organized electronic records in designated repositories.
• Review and process insurance premiums and related renewal activity through Xylem financial systems, validating amounts and ensuring appropriate approval workflows are followed.
• Manage day-to-day claims activities, including claim intake, reporting, documentation, status tracking, and coordination with internal stakeholders, brokers, carriers, and third-party administrators.
• Assist with filing new claims, gathering supporting documentation, monitoring claim progress, helping facilitate resolution, and ensuring timely follow-up on open matters.
• Monitor, analyze, and report on claims activity and loss trends to support visibility, informed decision-making, and continuous improvement efforts.
• Support certificate of insurance requests and provide backup support for the insurance department mailbox, coordinating timely responses with internal stakeholders and external insurance partners.
• Track certificates of insurance and related state compliance requirements to help support regulatory and contractual obligations.
• Assist in managing relationships with brokers, carriers, and third-party service providers that support Xylem’s risk and insurance programs.
• Respond to ad hoc risk management requests from business units, providing guidance, documentation, analysis, and support on insurance and operational risk-related matters.
• Serve as a key point of contact for routine insurance-related questions, contract insurance requirements, claims support, and other risk management inquiries.
• Support business continuity and resilience initiatives as needed and identify opportunities to improve risk management processes, controls, and reporting.

Risk Insurance Analyst Qualifications:

• Bachelor’s degree in Risk Management, Finance, Business, Insurance, or a related field.
• 3-6 years of experience in risk management, insurance, claims, audit, or a related discipline.
• Working knowledge of property and casualty insurance programs.
• Strong analytical, organizational, and problem-solving skills, with the ability to manage multiple priorities and deadlines in a dynamic environment.
• Advanced proficiency in Microsoft Excel; experience with Power BI is preferred.
• Strong written and verbal communication skills, with the ability to collaborate effectively across teams and with external partners.

Preferred Qualifications:

• Experience supporting corporate insurance renewals, claims administration, policy management, or related insurance operations within a corporate environment.
• Exposure to working with brokers, carriers, and third-party administrators.
• Experience with insurance compliance tracking, certificates of insurance, and contract insurance requirements.
• Familiarity with business continuity, resilience planning, or broader enterprise risk management activities.

Xylem does not provide sponsorship for this position.

The estimated salary range for this position is $80,000 to $110,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range.

At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.

Our Benefits:

• Paid parental leave, maternity support, and fertility benefits
• Flexibility and hybrid work options where applicable
• Health, dental, and vision insurance from day one
• Emotional health and wellness programs and Volunteer program (Watermark)
• Paid time off (PTO)/Flexible time off (FTO) and paid holidays
• Career development, advancement, tuition reimbursement, and student loan forgiveness
• Generous retirement savings plan with company contribution
• Employee recognition and discount programs

Ready to grow your career while making a difference? Join a team that values your skills, supports your development, and empowers you to help solve global water challenges.

Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world. At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and affirming an inclusive environment free from discrimination or harassment.

Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions.

We reserve the right to modify this job description and assign additional duties as needed.