Risk Analyst

Overview

Job Summary:

The Risk Analyst is an early-career role with meaningful responsibility and a strong development path in risk management. The Risk Analyst will support the broader Risk Management function, including the identification and mitigation of risks, the insurance program, business continuity and disaster recovery planning, and related risk reporting. This role requires analytical thinking and being curious to better understand the why behind data and potential risks.

Responsibilities

Essential Functions:

Own the end-to-end monopolistic state filing process, including gathering payroll and exposure data, preparing and reconciling reports to source systems, performing accuracy reviews, and submitting filings accurately and on time

Analyze insurance related job codes and trends in filings and the ability to investigate root causes, challenge assumptions, and communicate clear findings to the Risk Manager

Track filing deadlines and regulatory requirement changes, maintain a filing calendar, and escalate issues early

Support stakeholders with the proactive identification of risks, help determine likelihood and impact, and conduct risk assessments of business functions

Support with the development of controls, document issue remediation plans as needed, and manage the execution of issue remediation plans

Manage the ongoing insurance process, renewal requirements gathering, and support stakeholders throughout process

Support the Business Continuity function managing the creation and maintenance of Business Continuity Plans for our customers, supporting Business Continuity work sessions and promoting Business Continuity & Disaster Recovery awareness

Aid the manager in maintaining the risk management application and support other groups that use tool

Support process improvements efforts related to Risk Management and the execution of ad-hoc projects

Manage the ongoing reporting process, support dashboard creation, and assist with the ongoing maintenance of risk related data, ensuring data integrity and consistent, well-documented calculations

Review and audit all work products to ensure consistency and high standards of quality of risk mitigation deliverables

Perform additional duties as assigned by the Risk Manager or ECRM Director

Qualifications

Minimum Education and/or Experience:

Bachelor degree in Business Administration/Management/Finance/Accounting or related field - required

3- 5 years of relevant experience; internships, co-ops, rotational programs or substantial academic project work will be considered

Exposure to any of the following areas is helpful: risk management, insurance, audit, compliance, finance/accounting or data analysis

Coursework or experience in risk management, insurance, regulatory compliance

Skills/Abilities:

Must have excellent verbal, written, and presentation communication skills

Interpersonal skills to build working relationships, negotiate priorities and resolve conflict

Critical thinker – demonstrates strong analytical and problem solving skills; questions assumptions, validates data, identifies root causes, and draws sound conclusions

Ability to relate to all levels in an organization

Must be highly organized and detail oriented

Advanced Excel proficiency required (e.g., XLOOKUP/VLOOKUP, INDEX/MATCH, pivot tables, conditional logic, data validation and reconciliation); able to build, audit and document complex workbooks; proficiency in the rest of MS Office

Takes ownership of recurring, deadline-driven regulatory work with a high standard of accuracy and integrity

Eager learner who seeks feedback, asks good questions and quickly builds subject-matter knowledge

Exhibits reasoned decision making abilities

Benefits Overview:

Benefits are subject to change and may be subject to specific elections, plan, or program terms. This role is eligible for the following:

Medical, dental & vision

Hospital plans

401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available

Life Insurance (Company paid Basic Life and AD&D as well as voluntary Life & AD&D for the employee and dependents)

Company paid Short and long-term disability

Health & Dependent Care Spending Accounts (HSA & DCFSA)

Transportation benefits

Employee Assistance Program

Tuition Assistance

Time Off/Leave (PTO, Allegis Group Paid Family Leave, Parental Leave)

Salary Range:

$63,300-$94,900

The position is bonus eligible

Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

Office Requirements:

Required in office 4 days a week out of our headquarters in Hanover, MD

Core Competencies:

Building Relationships

Develop People

Lead Change

Inspire Others

Think Critically

Communicate Clearly

Create Accountability

“ Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors .”

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email Lauren Lara at llara@allegisgroup.com or call 410-579-3526 for other accommodation options.