Risk Analyst

Job Description

We are looking for a highly skilled Risk Analyst to join our team on a contract basis in Los Angeles, California. In this role, you will play a critical part in managing and improving our insurance programs while ensuring compliance with industry standards. This position offers an excellent opportunity to contribute to a healthcare organization by analyzing risks, implementing strategies, and collaborating with key stakeholders.

Responsibilities:

• Design and execute insurance programs that safeguard organizational assets and align with financial goals.

• Manage daily insurance operations, including policy issuance, binder management, and tracking exposures for insurance purposes.

• Oversee relationships with brokerage firms, consultants, and other parties to secure and maintain comprehensive insurance coverage.

• Develop and implement policies and procedures to enhance the efficiency and effectiveness of the insurance program.

• Monitor and manage the renewal strategy for insurance policies, ensuring timely applications and addressing coverage issues.

• Handle insurance claims in collaboration with the Risk Management team as needed.

• Prepare and deliver insurance-related reports, including monthly deductible updates and Audit Committee presentations.

• Organize staff training sessions to improve understanding and efficiency in risk and insurance management.

• Lead project planning efforts, ensuring timely completion of tasks and effective resource allocation.

• Support Board and Risk Management Committee meetings by preparing agendas, minutes, and required materials.

• Minimum of five years of experience in insurance, risk financing, or related fields, preferably within the healthcare or service industries.

• Proven expertise in managing insurance coverage renewals across multiple lines of coverage.

• Bachelor's degree required; a Master's degree is preferred. Relevant certifications in risk management or insurance are a plus.

• Strong proficiency in tools such as Accurint, Archer, Bloomberg Terminal, and other risk management software.

• Familiarity with healthcare insurance policies and frameworks, including claim administration and auditing processes.

• Exceptional analytical and data interpretation skills, particularly in assessing risk and developing management strategies.

• Experience delivering presentations and reports to senior leadership and committees.

• Ability to manage multiple projects simultaneously, ensuring clear communication and collaboration among stakeholders.