Risk and Insurance Analyst

.
*
* Location:

** Schaumburg, Illinois, United States
** Job :
** R0117259
* * Date Posted:
**** Company Name:
** HITACHI HIGH-TECH AMERICA, INC.
** Profession (Job Category):
** General Management
*
* Job Schedule:

** Full time
** Remote:
** No
*
* Job Description:

**** HITACHI HIGH-TECH AMERICA, INC.
**** POSITION DESCRIPTION
*
* POSITION TITLE:

Risk and Insurance Analyst
DIV/DEPARTMENT NAME:
(HTA) Corporate F&A (CRT)

REPORTS TO:

Assistant Manager, Risk Management

POSITION STATUS:
Full Time

WORK LOCATION:

(HTA) CGO (Schaumburg, IL)
*
* Note:

Position must be local and commutable to the Schaumburg, IL area.
** WORK STYLE DESIGNATION:

** Hybrid (+50% Remote)
** WORK STYLE REQUIREMENT:
Remote 4 days/Onsite 1 dayFLSA STATUS:
Exempt

TRAVEL REQUIRED:

Occasional (U.S. or International)
POSITIONS SUPERVISED:
None
** EXPECTED PAY RANGE**: $64,811.80-$89,116.23 annually
* This pay range is for the position's base salary only. This position may be eligible for other compensation including incentive pay and/or allowances. Candidates will receive additional information during the interview and selection process.
*** PRIMARY RESPONSIBILITIES****(E) Insurance policy renewal and annual maintenance (50%)
*** Gathers, analyzes, and coordinates the collection of data for insurance renewals in collaboration with insurance brokers and internal HTA staff.
* Prepares insurance applications and obtains necessary internal approvals before submitting insurance applications to insurance brokers.
* Obtains and stores key insurance policy documentation (ex. applications, quotes, binders, policy copies, invoices, policy correspondence).
* Updates property values by location and asset type.
* Insurance policy or risk transfer methods involvement includes but is not limited to general liability, auto, workers compensation, property, technology E&O, D&O, Fiduciary, Crime, Cyber, Credit, Cargo & Warehouse, letters of credit, and surety bonds .
* Set up and facilitate insurance broker regular action item meetings to drive open issues to closure.
* Coordinate the successful completion of any insurance policy audits required by insurers.
* Obtain invoices, submits for approval, and ensures timely payment.
* Maintain department insurance budget and communicate budget status to key stakeholders.
* Provides ad hoc reports such as insurance schedules or risk analyses as requested.**(E) Business Continuity / Crisis Management Program (15%)
*** Carry out BCP Program assigned project tasks, helping ensure the BCP/Crisis Management program is running effectively.
* During times of active BCP/Crisis incidents, attends meetings, provides input, and completes assigned action items.**(E) Insurance claims (25%)
*** Works closely with HTA members, insurance brokers, and insurance companies to ensure claims are administered timely and appropriately.
* Documents activity in real-time, following department document management and project management software procedures.
* Develops and maintains claim reports, publishing reports to key stakeholders as requested.
* Identifies claim trends and recommends loss prevention techniques**(E) Sales Division Support (10%)
*** Facilitate certificate of insurance issuance through HTA’s insurance broker and help provide certificates to HTA members, customers, or vendors.
* Performs contract reviews and evaluates appropriate insurance requirements for vendors doing business with the organization. Ensures evidence of insurance is received and renewed in a timely manner.
* Provide support for annual audit activity, Sarbanes Oxley compliance and other regulatory requirements.
** EDUCATION, LICENSES, AND/OR CERTIFICATION REQUIREMENTS
*** Bachelor’s Degree required with major area of study in Finance, Accounting or Business Administration preferred
* Associate Risk Management (ARM) certification (preferred)
** EXPERIENCE AND TRAVEL REQUIREMENTS
*** 1-3 years insurance or finance related experience (Preferred)* (NE)  Property insurance experience (Preferred)
*
* SKILLS AND ABILITIES

REQUIREMENTS**## SAFETY REQUIREMENTS
* Strong organizational and time management skills. Follows the department project management process:  + Create and maintain project plans for insurance policies or special projects.  + Update activity in real-time for project tasks in the department project planning software.  + Meet task deadlines or negotiate extensions for deadlines (in advance of deadlines).
* Ability to understand business processes and collaborate well with business partners.
* Excellent communication and interpersonal skills.
* Knowledge of Microsoft tools (i.e. excel, share point, power point, access, etc)
* Strong computer skills required (MS Office Suite including Word, Excel Power point) required.
* Experience working with large data files in Microsoft Excel preferred (Vlookups/pivot tables), Microsoft Word (mail merge).
* Excellent verbal and written English communication skills; and the ability to disseminate data.
*** Equal Opportunity Employer (EOE)
**** Hitachi High-Tech America, Inc. is an equal…