Entry Level Career Opportunities in Risk Management

Job Summary:

The Compliance Analyst is responsible for reviewing certificates of insurance, and policy endorsements for various “vendors” and performing according to the Company’s Best Practices and client requirements. Experience of 2-5 years working with certificates and understanding coverage is desired. This role has a focus on Property & Casualty coverage within the commercial real estate and construction industries.

Essential Functions:

1. Understand how to read Certificates of Insurance (Acord 25, Acord 855, Acord 28)

2. Read and understand General Liability, Umbrella, Worker’s Compensation, Auto, and Property forms and endorsements, including Waiver of Subrogation, Primary & Non-Contributory, and Additional Insured endorsements.

3. Understand Client Certificate of Insurance (“COI”) Compliance Process

4. Gain competency in utilizing Compliance Management Database to manage the COI Compliance and Certificate Tracking processes

5. Effective processing of COI’s within the time prescribed & escalate problems or issues to management

6. Save and organize COIs and Insurance Documents on Company platform according to Best Practices

7. Enter COIs into Compliance database and check COIs and supporting insurance documents for compliance using client/investor standard requirements

8. Enter personal time and billing into the Firm’s project management/billing database at the end of each business day

Skills:

• Excellent verbal and written communication skills

• Willing to be flexible and adapt in a dynamic environment

• Strong problem solving and time management skills

• Strong planning, organizational and prioritization skills

• Critical attention to detail; strong urgency a must

• Strong proficiency in Microsoft Office Suite

The ideal candidate will have 2-3 years’ experience in a brokerage or risk management department assisting a more senior member of the risk team. There is growth opportunity to a more senior member of the ALS team as your technical experience and client support skills mature.

General Requirements:

• Great work ethic with a “can-do” attitude while being detail oriented;
• Ability to think outside the box and come up with creative solutions;
• An undergraduate degree ideally in a Risk Management major;
• Have a valid Property & Casualty license and have ability to meet the State license requirement;
• The desire to grow both personally and professionally;
• Working knowledge of Microsoft Office and Outlook.

Basic Job Functions:

• Manage multiple tasks that support the client engagement process from beginning to end;
• Support client vendor compliance (certificates, endorsements, contracts etc) and work within our proprietary database to collect data and approve vendors.
• Perform initial reviews for insurance renewal proposals, binder reviews and final insurance policy review. Provide comments to ALS team members and brokers as needed
• Review and manage email communication in the firm’s database from Clients, brokers and carriers to manage open items creating next steps for the ALS team to address;
• Help in training and mentoring the intern team;
• Identify and approach technical tasks and ask smart questions in order to walk forward items that can be supported by a junior team member;
• Assist Account Managers in putting together all necessary documents to execute on policy review packages and provide support in coverage renewal projects;
  
  

We offer a competitive salary, great benefit program and 401K with an employer contribution.