Insurance Analyst

Title: Insurance Analyst
Location: Las Vegas, NV 89146, USA
Duration: 3 Months Contract
 
Job Description:
•         Serves as a liaison to external contacts.
•         Plans, prepares and develops risk management presentations to the insurance marketplace. 
•         Represents Company in insurance industry and professional associations 
•         Plans and schedules inspections of all facilities with insurance carriers and loss control consultants to identify hazards and recommends appropriate programs to reduce exposures. 
•         Coordinates General Rate Case process and filings related to Corporate Insurance. 
•         Reviews and reconciles insurance premium amortization schedules and master data request in order to ensure complete and accurate regulatory filings and cost recovery. 
•         Responds timely and accurately to internal and external data requests and inquiries regarding insurance programs and premium allocations.  
•         Monitors the receipt of insurance binders, policies and endorsements. Manages the safekeeping of original insurance policies. 
•         Conducts ad-hoc risk studies and quantitative analysis as required. Develops reports summarizing analytical results and recommendations. Ensures proper documentation of decisions. 
•         Manages the liability and property certificate of insurance program (COI) and letters of self-insurance. 
•         Reviews evidence of insurance from third parties and determines compliance with Company standards and contractual requirements. 
•         Supports workers compensation insurance placement, regulatory compliance and program oversight. 
 
Essential Duties and Responsibilities:
•         Assembles and organizes underwriting data requests, completes insurance applications and creates underwriting submissions for all major corporate insurance renewals. 
•         Performs research and prepares correspondences for review and approval of insurance language and indemnification provisions in contracts, leases and agreements. Ensures compliance with contractual requirements. 
•         Assists with the internal management of (Captive) operating and compliance activities. 
•         Provides analysis for underwriting, claims, budgeting and investment decision making. 
•         Facilitates annual board of directors/shareholders meetings and completes annual license renewals (10%).
•         Coordinates engineering efforts with property insurers and internal generating plant property engineers. 
•         Reports monthly developments to Generation executive leadership and develops plans and strategies for achieving lower operational risk. 
•         Researches current market risk initiatives. Stays well versed in insurance industry standards, policies, changes and news. 
•         Assess the need for various instruments (bonding, letter of credit) to satisfy indemnification requirements for contracts. 
•         Creates and executes indemnification instruments and manages renewal process where required. 
 
Essential Education, Skills, and Environment
 
Education and Work Experience:
·         Master’s Degree in the area of specialty from an accredited school and 1 year of experience or Bachelor’s Degree in the area of specialty from an accredited school and 3 years of related experience. 
·         Candidates that do not possess a bachelor’s degree must have a minimum of 7 years of related work experience. 
 
Specialized Knowledge and Skills:
•         Overall business, the sources of risk, and potential options for mitigation. 
•         Accounting and financial analysis. 
·         Skills such as: 
•         Analytical and quantitative analysis, written, communication and organizational. 
•         Managing Internal and external relationships. 
·         Equipment and Applications 
·         PCs, word processing, spreadsheet and database software.  
 
If you are available, interested, planning to make a change, or know of a friend who might have the required qualifications and interest, please send the updated resume to srini@apninc.com along with a best time and number to reach you.
 
Your prompt response is highly appreciated. 
 
Thanks and have a blessed day ahead.
 
-
Thanks and Regards,
Srinivas Mallipog
Resource Executive
APN Software Services, Inc (www.apninc.com)
39899 Balentine Drive, Suite 385, Newark, CA 94560
Phone: 510-943-4054 / Fax 510-623-5055 
Email Id: srini@apninc.com

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