Job Details

Lead Analyst Insurance casualty Legal Project Coordination

Company name

AVANGRID, Inc

Organization Type

In-House

Job Type

Attorney

Date Last Verified

Oct 17,2019

Valid Through

Jan 30,2020

Posted on

Sep 04,2019

Years of Experience

Min 5 yrs required

Location

Portland, OR, United States

Employment Type

Full-time

Industry

Legal
Practice Area
Insurance Defense >> Insurance Defense
Litigation >> Litigation - Insurance
  Employer Sponsored Job (Free to apply to)
 
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Profile

Lead Analyst - Insurance (Casualty Legal & Project Coordination)
Responsibilities:Under the direction of the Director of Insurance and Risk, this position is involved in all aspects of the oversight, management, structure, design (financial and other) and negotiation of Corporate Insurance and Risk Financing Programs related to Casualty and Liability Lines of Insurance. Position requires mentoring of colleagues within the Insurance Team and lending experience and knowledge to assist others in the department and affiliated OpCo’s and Business Areas. Must be able to analyze contracts (services, supply, construction, financing), contract structures, implications of related clauses and counter-party insurance program structures. Candidate must have the ability to work independently, have a background in Casualty/Liability Claims and Claims Management with knowledge of claim reserve setting, valuation and impacts on financial reporting. Candidate must process in-depth knowledge of insurance policy/contract structures, tort law and meanings and intent of insurance and legal principles. Position also requires the ability to understand financial statements, identify and analyze risks and recommend and execute strategies for risk control and risk mitigation. Maintains a working and current knowledge of legal, regulatory and competitive market environment influencing the price and availability of insurance and related, risk management solutions - makes recommendations to Director, Corporate Insurance and Risk. Monitor industry trends and insurance market conditions for managing Casualty/Liability exposures and alternative risk financing structures. Monitor regulations, laws and statues applicable to the development of the Department's activity (Insurance, Civil Liability, Environment, etc.). Review of contracts (supplies, works, services, financing, etc.) and issuance of recommendations on risks and insurance. Identification of new and developing risk to Company and/or its operations. Participation in Due Diligence processes related to acquisition or sale of assets or companies, new projects. Responsibilities will also include leading the annual renewal of Casualty/Liability Insurance Programs (including the preparation and submittal of renewal applications and data), management of those programs and other related functions. Support in the negotiation, contracting and management of Casualty Insurance Program(s) – including annual program renewals, Annual Renewal of WC programs and related Payroll Audits. Interact with Brokers, Consultant and Insurance Carrier Underwriters and/or Executives. Manages “Casualty”/Liability Claims in SAP RIMIS Coded as “Reported to Insurer” (and/or over $30,000 incurred). Monitors and reports on loss trends, reserve development and monthly/quarterly reports to Accounting with respect to open Casualty Claims. Completion of related “Internal Controls” associated with retained loss cost financing of Casualty/Liability Claims.

Qualification and Experience

Qualifications: Must have strong negotiation and follow-through skills. Must demonstrate that they are professionally mature and understand importance of role, Must have excellent interpersonal skills, coupled with analytical competence. Must possess the ability to work and think independently; must also take direction and be proactive. Must be organized and be able to manage multiple assigned tasks/projects and complete assignments within specified deadlines. Should have 5+ years of proven experience in Casualty/Liability Insurance/Risk Management or Claims.Brokerage or related Experience Placing/Negotiating Insurance Program Renewals involving large complex risk exposures, insurance terms and financial structures. Knowledge of risk management information systems, c casualty insurance and claims handling procedures.Working knowledge of PC applications and mainframe databases/systems (Word, Powerpoint, Excel, Visio).Experience with Accounting and or accounting systems required. Should have Bachelor’s Degree in Business, Finance, Risk, Law or a related field.

Company info

Hiring Coordinator
AVANGRID, Inc
1125 NW Couch St
Suite 700
Portland, OR 97209
Phone: 203-499-2777

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