What are the responsibilities and job description for the Risk Analyst position at Aon?
Outsourced to Aon’s client in Boston, Massachusetts, the Insurance Senior Analyst reports to the client’s Senior Director of Insurance & Risk Management and supports property and casualty insurance programs through underwriting data management, policy analysis, claims administration, and stakeholder communications.
Key Duties and Responsibilities
Underwriting and Risk Management
Collect exposure information, prepares submissions for underwriting, evaluates risk financing alternatives, and coordinates insurance audits to maintain effective insurance coverage
Clinical trial
Support the clinical trial insurance process by managing related audits, maintaining investigator medical malpractice documentation, and updating the annual coverage summary and other required records.
Contract and Communication Support
Assist in reviewing insurance terms in contracts, support clinical trial insurance processes, and develop communication tools to explain insurance programs to management and personnel.
Claims and Compliance Oversight
Responsibilities include managing claims developments, ensuring compliance with workers’ compensation regulations, and maintaining accurate records of risk management expenses.
Data Management And Reporting
Maintain insurance exposure databases, prepare analytical reports including cost of risk, assist with insurance budget preparation and due diligence for new entities.
Education
A bachelor’s degree in finance, accounting, risk management, supply chain, or a related field is required
Experience
3 years of risk management, insurance, or brokerage experience with national or global accounts, or an equivalent combination of education and experience.
Special Skills and Competencies
Demonstrated Core Capabilities - Candidates must show proven abilities in key responsibilities, such as managing insurance data, preparing reports, supporting budget development, and communicating about insurance policies.
Relevant Expertise - Background in international business management, finance, or insurance is essential for effective risk management and insurance operations.
Communication Skills - Excellent oral and written communication is required to clearly convey complex concepts to management and staff.
Customer Service Orientation - A strong focus on customer service is needed to ensure positive stakeholder interactions.
Interpersonal Skills - Strong interpersonal skills allow engagement with personnel at all levels.
Administrative and Organizational Strength - Detail-oriented administrative and organizational skills, and comfort with numbers, are vital for managing data and reports.
Technical Proficiency - Proficiency in Windows, Word, Excel, Access, and online claims data systems is required.
Time Management and Flexibility - Effective time management, flexibility, and the ability to balance multiple tasks are essential.
Teamwork and Goal Management - Ability to thrive in a fast-paced, team environment and meet goals is crucial.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time
The salary range for this position (intended for U.S. applicants) is $70,000 - $90,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
2580500
Key Duties and Responsibilities
Underwriting and Risk Management
Collect exposure information, prepares submissions for underwriting, evaluates risk financing alternatives, and coordinates insurance audits to maintain effective insurance coverage
Clinical trial
Support the clinical trial insurance process by managing related audits, maintaining investigator medical malpractice documentation, and updating the annual coverage summary and other required records.
Contract and Communication Support
Assist in reviewing insurance terms in contracts, support clinical trial insurance processes, and develop communication tools to explain insurance programs to management and personnel.
Claims and Compliance Oversight
Responsibilities include managing claims developments, ensuring compliance with workers’ compensation regulations, and maintaining accurate records of risk management expenses.
Data Management And Reporting
Maintain insurance exposure databases, prepare analytical reports including cost of risk, assist with insurance budget preparation and due diligence for new entities.
Education
A bachelor’s degree in finance, accounting, risk management, supply chain, or a related field is required
Experience
3 years of risk management, insurance, or brokerage experience with national or global accounts, or an equivalent combination of education and experience.
Special Skills and Competencies
Demonstrated Core Capabilities - Candidates must show proven abilities in key responsibilities, such as managing insurance data, preparing reports, supporting budget development, and communicating about insurance policies.
Relevant Expertise - Background in international business management, finance, or insurance is essential for effective risk management and insurance operations.
Communication Skills - Excellent oral and written communication is required to clearly convey complex concepts to management and staff.
Customer Service Orientation - A strong focus on customer service is needed to ensure positive stakeholder interactions.
Interpersonal Skills - Strong interpersonal skills allow engagement with personnel at all levels.
Administrative and Organizational Strength - Detail-oriented administrative and organizational skills, and comfort with numbers, are vital for managing data and reports.
Technical Proficiency - Proficiency in Windows, Word, Excel, Access, and online claims data systems is required.
Time Management and Flexibility - Effective time management, flexibility, and the ability to balance multiple tasks are essential.
Teamwork and Goal Management - Ability to thrive in a fast-paced, team environment and meet goals is crucial.
For positions in San Francisco and Los Angeles, we will consider for employment qualified applicants with arrest and conviction record in accordance with local Fair Chance ordinances.
Aon is not accepting unsolicited resumes from search firms for this position. If you are a search firm, you will not be compensated in any way for your submission of a candidate, even if Aon hires that candidate.
Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time
The salary range for this position (intended for U.S. applicants) is $70,000 - $90,000 annually. The actual salary will vary based on applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant’s geographic location.
This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.
Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon’s discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.
2580500
Salary : $70,000 - $90,000