Senior Insurance & Risk Analyst

Exelon; Newark (DE); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Life and disability insurance

Paid time off

Tuition reimbursement

Wellbeing programs

Referral bonus

Job summary

Exelon is seeking an Insurance and Risk Management professional to coordinate corporate insurance programs, evaluate exposures, and liaise with brokers and insurers to optimize coverage. The role requires experience in risk management, strong analytical skills, and knowledge of insurance markets.

The position may involve multiple corporate office locations and a focus on cost-effective risk management for transmission and distribution assets.

Qualifications

• Undergraduate degree in risk management & insurance, accounting, finance, engineering or related degree.
• Completion of insurance related professional designation: CPCU or ARM preferred (unless applicant possesses a risk management & insurance undergraduate degree).
• 5 or more years experience in insurance or risk management desired.
• Demonstrated analytical and evaluation skills.
• Knowledge of risk management principles and insurance markets
• Ability to analyze insurance decisions and their impact on Exelon and its subsidiaries

Responsibilities

• Assist in the coordination of the corporate insurance program and the management of risks through the administration of third party and self-insured programs. (30%)
• Identify and evaluate corporate risk exposures. Make recommendations to Insurance Department Leadership for addressing these exposures. (20%)
• Coordinate specific corporate insurance programs and represent corporate interests with brokers and insurers. (30%)
• Support the negotiation of specific insurance coverages, review insurance contracts, administer insurance policies, and ensure compliance with governmental regulations. (20%)
• Perform analytical and administrative tasks necessary to support the management of specific lines of insurance coverage.
• Assist the Insurance Department Leadership to efficiently insure Exelon's transmission and distribution assets through best practice risk management techniques.
• Maintain strong working relationships with insurance brokers and insurers.
• Act as liaison between various internal and external parties. Serve as consultant to internal organizations on risk management issues.
• Support the administration of the corporate insurance program, review insurance policies and coordinate the payment of invoices and broker services.

Skills

Analytical & evaluation skills

Risk management principles

Insurance market knowledge

Ability to analyze insurance decisions

Education

Undergraduate degree in risk management & insurance, accounting, finance, engineering or related degree

Job description

Exelon is seeking an Insurance and Risk Management professional to coordinate corporate insurance programs, evaluate exposures, and liaise with brokers and insurers to optimize coverage. The role requires experience in risk management, strong analytical skills, and knowledge of insurance markets.

The position may involve multiple corporate office locations and a focus on cost-effective risk management for transmission and distribution assets.