Job title: Insurance Analyst
Reports to: Insurance Manager
Position Description
Provide advice and solutions to commercial construction clients in compliance with client’s project and program insurance and surety requirements including, but not limited to, Corporate, Contractor Controlled Insurance Program (CCIP), Owner Controlled Insurance Program (OCIP), Builders’ Risk, and Subcontractor Default Insurance (SDI).
Essential Duties & Key Responsibilities:
· Provide exceptional customer support related to various insurance and surety requests in compliance with clients’ respective program requirements, within commercial construction and across regional areas, and complete client requests in a timely, thorough, and professional manner.
· Generate preliminary insurance and surety pricing for clients utilizing proprietary insurance systems.
· Leverage existing programs to procure and manage required insurance programs for clients.
· Conduct compliance and risk review of clients’ insurance policies as aligned with client program requirements.
· Assess clients’ project-specific insurance requirements and requests, conduct research and propose options for possible implementation working closely with Insurance Manager.
· Develop and assess insurance Origami data and develop ad hoc client reports, distribute monthly.
· Assist clients’ Financial and Operations teams to understand complex insurance concepts billing processes.
· Review and respond to Requests for Proposals (RFPs), Requests for Qualifications (RFQs), and Statement of Qualifications (SOQs) related to insurance and surety, including but not limited to, coverage requirements, pricing, and contract review.
· Train clients on basic information about insurance programs including Corporate, Contractor Controlled Insurance Program (CCIP), Owner Controlled Insurance Program (OCIP), Builders’ Risk, and Subcontractor Default Insurance (SDI). Leverage existing training materials and provide training status updates to Project Risk Director.
· Assist clients’ Business Development teams with prompt, accurate, and thorough information about the various insurance programs supported by the company.
· May manage other Insurance Analysts and Coordinators. Deliver timely performance feedback to Insurance team and/or contribute to performance appraisals during annual performance cycle.
· Other activities, duties, and responsibilities as assigned. |
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Qualifications: · Minimum of 3 years of insurance or business-related experience required with Bachelor’s Degree from accredited degree program in Business, Insurance, Risk Management or relevant field desired, or equivalent combination of education, training, and/or experience
· Possess current and maintain active professional designation such as ARM, CRIS or other relevant designation
· Construction industry or related risk management experience, highly preferred
· Knowledge of contracts, insurance policies, and related practices
· Advanced technical knowledge of commercial insurance and surety products
· Solid comprehension of commercial insurance and coverages as applicable to the construction and construction related industries, including but not limited to:
o General Liability (Bodily Injury, Property Damage, Construction Defect)
o Builders Risk (Client Programs, Owner Programs)
o Workers’ Compensation
o Wrap Up Programs (Contractor Controlled Insurance Program (CCIP)
o Owner Controlled Insurance Program (OCIP))
o Subcontractor Default Insurance (SDI)
· Apply analytical thinking, use sound judgement for decision-making, and adept at breaking down data into actionable information
· Professional customer service and interpersonal skills, ability to engage and work with wide range of stakeholders including leaders, clients, team members, brokers, vendors, subcontractors and individuals at all organizational levels, internally and externally
· Engage professionally with others to address and discuss confidential information and explain complex insurance concepts to others with varying levels of insurance knowledge
· Effective verbal communication delivery, training, and presentation skills
· Written communication to include drafting language for contractual insurance reviews
· Self-starter with strong project management skills and capable of managing concurrent complex projects and tasks successfully to completion
· Ability to use resolution skills focused on addressing wide variety of client requests
· Proficient computer skills, Microsoft Office suite of applications, and insurance-based risk management information systems
· Limited travel: travel modes include air, train, vehicle
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel objects, tools, or controls; and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is occasionally required to be mobile, and the employee occasionally travels both short and long distances via a variety of conveyances. The employee may occasionally perform work on-site at construction work sites, office locations, and/or off-site venues. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee regularly works in an office and/or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee may occasionally work at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws.
TSIB Inc. is an Equal Opportunity Employer
Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity
VEVRAA Federal Contractor
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