Senior Insurance & Risk Management Analyst

Exelon; Penns Grove (NJ); On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Salary range $80k-$110k

Bonus 15%

401(k) match

Medical insurance

Dental and vision insurance

Life and disability insurance

Paid time off

Employee assistance program

Tuition reimbursement

Adoption assistance

Fitness reimbursement

Referral bonus

Job summary

Exelon is seeking an Insurance Risk Manager to execute corporate policy for insurance and risk retention programs and support cost-effective risk management for the company and its subsidiaries.

The role interfaces with brokers and insurers, coordinates corporate insurance programs, and provides risk management consulting to multiple internal teams. A undergraduate degree and 5+ years in insurance/risk management are required; CPCU/ARM preferred.

Qualifications

• Undergraduate degree in risk management & insurance, accounting, finance, engineering or related field.
• CPCU or ARM designation preferred unless a risk management undergrad degree is held.
• 5+ years of experience in insurance or risk management.
• 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 coordinating the corporate insurance program and the management of risks through third-party and self-insured programs.
• Identify and evaluate corporate risk exposures. Make recommendations to Insurance Department Leadership for addressing these exposures.
• Coordinate specific corporate insurance programs and represent corporate interests with brokers and insurers.
• Support the negotiation of specific insurance coverages, review insurance contracts, administer insurance policies, and ensure compliance with governmental regulations.
• Perform analytical and administrative tasks to support 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 relationships with insurance brokers and insurers.
• Act as liaison between internal and external parties and serve as consultant on risk management issues.
• Support the administration of the corporate insurance program, review policies and coordinate payment of invoices and broker services.

Skills

Analytical skills

Risk management knowledge

Insurance decision analysis

Education

Undergraduate degree in risk management & insurance

Job description

Exelon is seeking an Insurance Risk Manager to execute corporate policy for insurance and risk retention programs and support cost-effective risk management for the company and its subsidiaries.

The role interfaces with brokers and insurers, coordinates corporate insurance programs, and provides risk management consulting to multiple internal teams. A undergraduate degree and 5+ years in insurance/risk management are required; CPCU/ARM preferred.