Senior Risk Management Analyst

Labcorp is hiring a Senior Risk Management Analyst to support the Enterprise Risk Management (ERM) program, maintain the Auditboard database and liaise with internal audit. This person will support the department regarding all aspects of corporate insurance programs. They will leverage data analytics to analyze and model premiums paid, claims administration expenses, and collateral costs to identify our total cost of risk, and use that analysis to optimize decision making to drive down the cost and volatility of risk. They will analyze information from multiple sources and develop reports/recommendations for Risk Management.

RESPONSIBILITIES

• Oversee Business Travel Accident (BTA) insurance program. To include information gathering for insurance application process and negotiate insurance placement pricing, structure and limits.
• Lead information gathering for ERM.
• Using best practices for data collection; analyze and prepare Risk Management reports for key metrics, including but not limited to property and other losses, and total cost of risk.
• Maintain Auditboard database and liaise with internal audit
• Develop and maintain database of all global policies
• Provide Risk Management support to internal customers and suppliers; serve as contact with the business units for providing certificates of insurance.

REQUIREMENTS

• 2 years of minimum experience in insurance or risk management with a preference for 3-5 years.
• Must have experience working at an insurance company, insurance broker, or in a similar risk management position.
• Familiarity with Enterprise Risk Management principles
• Experience preparing applications and other exposure data for insurance renewals.
• Experience managing certificates of insurance.
• Experience calculating total cost of risk. 
• Intermediate Excel experience.

EDUCATION

• Bachelor’s Degree
• CPCU, ARM, CRM or other professional designation preferred

Application Window closes 1/24/2025

Pay Range: $62,160 - 115,763 annual salary

All job offers will be based on a candidate’s skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data. 

Benefits: Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(k), Paid Time Off (PTO) or Flexible Time Off (FTO), Tuition Reimbursement and Employee Stock Purchase Plan. Casual, PRN & Part Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. For more detailed information, please click here. 

Labcorp is proud to be an Equal Opportunity Employer:

As an EOE/AA employer, Labcorp strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law.

We encourage all to apply

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