What are the responsibilities and job description for the Risk Management Analyst position at Talent Groups?
🔹 Key Responsibilities
- Manage claims activity with the State’s Third-Party Administrator (TPA), including approvals, denials, releases, and related claim activities.
- Prepare documentation for claims requiring review and approval by Risk Management leadership.
- Monitor TPA performance, claim activity, trends, and outstanding issues.
- Administer insurance billing, including premium invoicing, reconciliation, payment tracking, and allocation preparation.
- Develop working knowledge of the State’s insurance program, including property, auto liability, railroad liability, and medical malpractice coverage.
- Review RFPs, contracts, and scopes of work and help establish appropriate insurance requirements.
- Serve as a point of contact for agency staff regarding routine claims, insurance requirements, and billing questions.
- Maintain accurate claim, policy, billing, and risk management records.
- Monitor broker communications and respond to inquiries through the Risk Management inbox.
- Support annual insurance renewals by gathering underwriting and exposure information.
- Assist the Head of Risk Management with strategic initiatives and process improvements.
🔹 Qualifications
- 2 years of experience in insurance, claims, risk management, or a related field preferred.
- Working knowledge of claims handling and commercial insurance coverages.
- Strong written and verbal communication skills.
- Excellent organizational skills and attention to detail.
- Experience with billing, reconciliation, records management, or financial tracking is a plus.
- Ability to learn complex insurance programs and follow established processes and authority limits.
- Proficiency with Microsoft Office, especially Excel and Outlook.
- Experience working with TPAs, insurance brokers, vendors, or government agencies is a plus.