Risk Management Analyst jobs in Sacramento, CA

Job Description

Conducts a variety of research and analytics to provide intelligence around new risk exposures and mitigation recommendations. Researches new insurance and risk transfer products and tools and associated recommendations on applicability for Intel. Collaborates with internal stakeholders, advisors, insurance brokers and insurers on risk exposure identification for implementation of best practices. Prepares corporate insurance program documentation, including insurance policies, binders, coverage confirmations, and other policy documents, while updating and managing the Risk Management Information System. Supports the production of certificates of insurance for internal and external clients and initiating payment of premium invoices. Collects, organizes and presents insurance underwriting data. Coordinates risk management and insurance activities including initiating and tracking claims and maintaining inventory and values for insurance policies. Identifies areas with risk of institutional property damage, business interruption or loss potential and recommends mitigation opportunities to reduce or eliminate risk.

The Global Risk Management and Insurance team is seeking a Claims Analyst to play a critical role in Intel's claims management. This position reports directly to the Associate Director of Risk and Insurance and is a key member of the Risk and Insurance team, supporting all Risk Managers. This individual is responsible for claims management/processing, supporting business units with analysis, decision making, and claims management.

In this role, you will drive consolidation and tracking of claims, loss analytics, and reporting out to the Risk and Insurance team. You will work closely with stakeholders across the company including Occupational Health, Security, HR, and Legal.

The primary responsibilities will include but are not limited to:

• Own claims management/processing in alignment with Risk Managers, supporting business units with analysis, decision making, and claims management.
• Manage relationship with internal and external stakeholders, including Litigation, Legal, HR, Operations, Procurement, Safety, Finance, Third Party Administrators, Brokers, Insurers, etc.
• Own claims notification, administration, analysis, and reporting for WC, Auto, GL, Construction, Property, and other major lines of insurance, in support of program manager.
• Daily management of workers' compensation claims portfolio, in concert with TPA
• Design reports for Senior Leadership and Program Owners showing key claims metrics.
• Drive claim data analytics, including benchmarking and industry trends, in order to establish areas for change.
• Identification and implementation of process efficiency and automation opportunities with our risk management system and other third-party providers
• Manage communication with key stakeholders, including escalations, timely reporting, and driving resolutions.
• Ensure robust control processes and compliance, including governance of vendors and service providers.
• The candidate should have strong communication skills to collaborate and influence.

The ideal candidate should exhibit the following behavioral traits:

• Influence, teamwork, communication, analytics, and system aptitude skills plus the ability to work under tight time constraints.
• Excellent written and oral communications skills, with the ability to distill complex data into key executive-level messages and insights.
• Orientation to details, time management, and process improvement skills.
• Experience using modeling, quantitative skills, and business knowledge to identify problems, create actionable business insights.
• Demonstrated teamwork, and collaboration skills.
• Motivated and action-oriented work style, good communication skills
• Effectively work across organizations and geographies with tolerance for ambiguity
• Excellent critical thinking skills and ability to challenge the status quo.

Qualifications

You must possess the below minimum qualifications to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates.  This position is not eligible for Intel immigration sponsorship. .

Minimum Requirements:

• Bachelor's degree in Finance, Risk Management, or related discipline.
• 5 years of related experience in claims management, ideally with an emphasis in workers compensation with demonstrated understanding of insurance carriers, TPAs (Third party Administrator), and workers' compensation fundamentals.

Preferred qualifications:

• Relevant industry certification a plus such as CRM, ARM or similar.

Inside this Business Group

Other Locations

Posting Statement

Benefits

Working Model