Risk Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee and monitor workers' compensation and auto liability property damage claims handled by third-party administrators.

• Collaborate with TPA claim examiners to ensure that claims are managed in a strategic, proactive manner and in line with best practices.

• Assess claim activity, identify red flags, evaluate reserve adequacy, formulate litigation strategies, explore settlement opportunities, and ensure timely responsiveness.

• Escalate critical claim issues and propose resolution strategies.

• Act as the primary point of contact for workers' compensation claim inquiries and concerns within the field.

• Advocate for injured employees throughout the claims and recovery process.

• Coordinate with operations, human resources, and TPAs to promote safe return-to-work initiatives.

• Collaborate with location leadership to identify and implement modified-duty assignments that align with medical restrictions.

• Encourage best practices for return-to-work initiatives.

• Supervise the issuance of Certificates of Insurance and automobile identification cards.

• Address requests for insurance documentation.

• Review insurance clauses and language in customer contracts.

• Process and monitor invoices related to claims, insurance premiums, and risk management vendors.

• Prepare and file quarterly workers' compensation reports for monopolistic state programs.

• Assist with audits, renewals, and special projects.

⛳️ Requirements

• Bachelor's degree in Risk Management, Business Administration, Finance, Insurance, Human Resources, or a related field is preferred.

• 5-7 years of experience in workers' compensation and liability claims, risk management, or insurance administration.

• Familiarity with workers' compensation claim management and return-to-work programs.

• Experience working collaboratively with TPAs, insurance carriers, brokers, and operational leadership.

• Strong organizational, analytical, and problem-solving abilities.

• Exceptional verbal and written communication skills, with the capability to engage effectively with employees at all organizational levels.

• Experience in creating Power BI dashboards is a plus.

• Proficient in Microsoft Office applications, particularly Excel, Word, and Outlook.

🏝️ Benefits

• Competitive salary and comprehensive health benefits.

• Opportunities for professional development and training.

• Flexible work arrangements and a supportive work environment.