Senior Risk & Insurance Analyst - Corporate Risk Management at CNA

| Chicago, IL
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Job Summary
The Senior Risk and Insurance Analyst is part of a team dedicated to mitigating CNA's risk. The group purchases CNA's own insurance, manages any CNA claims, and assists with CNA's reinsurance placements. This role is well suited for an industry professional with a background in an insurance related field including: corporate risk management, claim, underwriting, agency/brokerage or law firm (with claim, coverage, or policy drafting experience).
Under broad supervision prepares, administers, maintains, and determines coverages and premiums for various insurance renewals including but not limited to property, casualty, and specialty lines . The Senior Risk and Insurance Analyst will assist in the process of evaluating CNA's risks and purchasing the best coverage to address those risks. This person will also analyze complex data to distill information needed to address and present CNA's risks accurately. This person has the opportunity to participate in the contract wording and claims process. This role offers broad exposure to different CNA business units, types of coverage, and CNA's system for the evaluation of its direct and reinsurance risks.
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
  1. Coordinates the renewal process for various insurance coverages. Includes preparation of reports which form the basis of underwriting, claim, and other insurance decisions to identify and manage risk.
  2. Analyzes risk exposures and monitors losses to determine adequate coverage and protection of the company's interests.
  3. Reviews insurance and commercial contracts for accuracy and ensures quotes and policies are consistent with specifications submitted.
  4. Administers claims for insurance lines. Includes reporting of claims to insurers, the investigation of incidents, the development of a claim resolution plan and effective loss control efforts.
  5. Processes journal vouchers or check requests to pay premiums to brokers or directly to insurance companies.
  6. Assists with the budgeting and allocation of premiums and administrative costs for insurance programs.
  7. May function as liaison between state agencies and insurance companies. Includes submission of necessary reports.
  8. May issue certificates of insurance.
  9. May assist with reinsurance placements and renewals.
  10. May assist with projects related to identifying and managing corporate risks.

May perform additional duties as assigned.
Reporting Relationship
Typically Director or above.
Skills, Knowledge & Abilities
1. Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues.
2. Must be results oriented with the ability to work independently as well as in a team environment.
3. Detail-oriented with strong organizational skills and the ability to manage multiple projects effectively.
4. Strong interpersonal, verbal and written communication skills with the ability to effectively interact with accounting/finance and other staff and departments.
5. Strong knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.
Education & Experience
1. Bachelor's degree in a related discipline, or equivalent.
2. Typically 3 to 5 years of related work experience.
3. CPCU, RPLU or other insurance or reinsurance certification a plus.
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What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Open door policy
Team owned deliverables
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Online course subscriptions available

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