Risk Analyst

Overview

This is a hybrid role based in Malvern, PA

The Risk Analyst will coordinate the management and analysis of field level claims within the Company's Risk Management function.

Responsibilities

• Reviews internal incident reports for claim reporting and handling purposes.
• Reports store-level insurance claims to relevant carriers for owned and managed stores within claim thresholds.
• Guide store teammates in filing store-level claims within their claims threshold.
• Manages within the claims function with the retrieval of incident reports to be sent to the tenant insurance carriers, relationship managers (3PM team) and other internal stakeholders.
• Communicates with stores when required for additional information related to incident reports and claims filings.
• Communicate with internal stakeholders along life of claim.
• Manage the subrogation of facility damage claims and auto/truck damage claims with at-fault party's insurance carrier(s)
• Create claim notes, attach emails and keeping organized files for each claim in corporate RMIS system.
• Save claim documentation into relevant shared files.
• Maintain and actively monitor claims diary via corporate RMIS system.
• Strategize to develop plan to drive claims to resolution.
• Works with Accounting on classification of capitalized expenses and reconciliation of store level insurance claims against insurance proceeds received.
• Manages auto and truck claims to resolution for corporate fleet of vehicles and trucks.
• Assist with drafting of demand letters related to incidents at the store-level.
• Coordinate claims release forms and demand letters, as necessary.
• Assist risk manager with corporate claims, when necessary.
• Coordinates claim file uploads into Company Risk Management Information System with relevant carriers and broker.
• Assists the Risk Manager in extrapolating loss data from RMIS system for a Risk Management Dashboard to include Divisional loss performance and the forecasting of trends.

Qualifications

Minimum Required Qualifications (including Programs/systems experience)

• Bachelor's Degree
• 3 years of experience in claims processing, insurance, corporate legal, auto insurance filings or subrogation preferred.

Additional Preferred Qualifications

• Insurance Designation such as ARM, Associate in Risk Management
• Computer skills and proficiency with tools such as Outlook, Excel, Word, and EPIC
• Strong critical thinking, decision-making, strategic planning and problem-solving skills
• Excellent verbal and written communication skills
• Detail orientated with strong organizational skills.
• Ability to work independently and in a team environment.
• Must be flexible and have the ability to adjust to priorities.

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