Risk & Insurance Analyst

Overview:

REI Co-op is united around discovering, building and celebrating better ways of working in this world, all so that folks can find and pursue a love of the outdoors. When you work for the co-op, you do your best work with the support to live your best life. And you play a part in shaping the future of the outdoors, for people and our planet.

This job contributes to REI's success by supporting the corporate risk and insurance department through insurance, claims administration and data management and analysis. The Risk & Insurance Analyst position is responsible for gathering internal data and preparation for insurance underwriting documents, complete statutory reporting requirements and prepare documentation for program auditors. This role will be responsible for driving standardization reporting and measuring risk management on insurance programs. Models and acts in accordance with REI's guiding values and mission.

Responsibilities:

ResponsibilitiesAssist in the annual renewal of all coverage placements including the Property, Casualty, FINPRO and Marine/Stock Throughput Programs

Gather internal data and assist in the preparation of insurance underwriting information documents

Gather internal data and provide reports to premium auditors annually.

Complete annual/quarterly state and federal reporting including self-insurance assessments and bureau of labor statistics reports.

Support the day-to-day administration of the insurance program including maintaining files with policies and endorsements and responding to insurance related inquires

Supports the Captive Insurance Program by ensuring required data and compliance documentation is provided and other support activities as requested.

Assist with contract reviews and Certificates of Insurance (COI) management

Create and standardize reporting to monitor insurance premiums and claims payments

Manage regular claims reviews and analysis for all lines of coverage

Assist with the management of brokers, insurers, and third-party claims administrators

Develop risk management and insurance materials for relevant stakeholders

Research appropriate risk management solutions to enable emerging company initiatives and products

Acts as the system manager for the Risk Management Information System (RMIS)

Maintains key risk indicators and key performance indicators (KRIs/KPIs)

Drive culture of risk management throughout the business and operationalize ways to measure risk/impact on insurance programs

QualificationsHigh school diploma or GED equivalent and minimum 5 years insurance agency/career or corporate risk management experience. Education can be used in lieu of experience.

Bachelor's degree in Business Administration, Finance or a related field (Preferred)

Applicable Insurance or Risk Management certifications (Preferred)

3+ years' experience with in-house corporate risk, insurer or insurance broker (Preferred)

Previous experience with insurance placement and claims administration

Familiarity with data analytic tools and conducting trend analysis

Excellent communication, organizational, and time management skills

Ability to balance competing priorities and execute within tight deadlines

Ability to work independently and collaborate cross functionally

Actively participates and collaborates with others on one's own team and across REI for the achievement of business goals.

Flexible in one's viewpoints and positions in order to support the direction taken by others at REI.

Consolidates information from various sources including feedback from others to reach sound decisions.

Considers the ultimate impact of decisions and actions on internal and external customers.

Works smart by setting effective work goals, establishing priorities, and planning well in order to produce quality work.

Executes effectively by using resources efficiently, meeting deadlines, and keeping others informed of work plans and progress toward goals.

Clearly conveys and accurately receives information by a variety of methods and in various situations.

Builds rapport with all kinds of people inside and outside the organization.

Acts upon opportunities and involves and influences others in the accomplishment of worthwhile organizational goals.

Challenges the status quo, champions change and influences others to change.

Closing:

At REI, we believe the outdoors is for all. We are committed to becoming a fully inclusive, anti-racist, multicultural organization. We know that there's strength in our diversity - that each employee brings unique skills, experiences, and perspectives. Every day you are driving change, fostering a culture of respect, and knowing you're backed by benefits that support your whole life. To work towards this commitment and fulfill our brand promise of inspiring and enabling a life outside for everyone, we seek employees who demonstrate different ways of working, create a sense of belonging, and actively listen and learn.

Pay Transparency

We are committed to practices that promote pay equity and transparency. As required by applicable Pay Transparency laws, REI provides a range of compensation for roles that may be hired in locations under these requirements. Factors that may be used to determine your actual salary may include a wide array of factors, including: your specific skills and experience, geographic location or other relevant factors.

REI offers all regular employees a generous employee discount, access to health benefits, a retirement savings plan and accrued time off. Click for a detailed overview of benefits plans by employee profile.

Base Pay Range:

$63,300.00 - $() per year