What are the responsibilities and job description for the ADS Risk Analyst position at Ashley?
Description
Summary
The Risk Analyst is responsible for applying professional knowledge to identify exposures to risk throughout the Ashley Companies’ operations. This position will protect company assets and interests by recommending actions to exposure and providing technical information and resources for risk minimization to management.
The Risk Analyst is accountable for the administration of workers’ compensation, liability and cargo claims. This position will analyze the data to determine the areas of risk and advise management on areas of improvement.
Responsibilities
- Claims Management: responsible for the administration of auto liability, cargo and workers’ compensation claim. Work with internal clients to ensure understanding of the claims process and proper documentation of claims for submission to the insurer. Gather and prepare materials and documents used for litigated claims and participate in the litigation process. Evaluation and provide feedback to the insurer and/or third party administrator handling of claims.
- Insurance Program Administration: Administer the certificate of insurance and auto identification card issuance to ensure compliance with agreements, leases and regulations. Prepare and maintain a schedule of insurable values for property insurance. Prepare all premium audit data for insurers and review returned audits for accuracy. Update insurance policy listing as needed. Assist in developing the premium allocation methods and work with internal finance teams to implement allocation.
- Program Processes and Procedures: Analyze loss data to provide loss forecasting and potential loss reduction opportunities. Develop and run reports for distribution to business units on losses, trends and impact. Assist manager in review of leases, contracts and other legal documents to provide risk analysis to ensure coverage appropriateness and advantageous wording for the company.
- Communication: Assist the manager in developing and maintaining safety programs and procedures. Assist in developing departmental presentations and reports. Provide answers to internal clients on insurance policy coverage inquiries. Develop and maintain safety SharePoint site.
- Demonstrate the Company’s Core and Growth Values in the performance of all job functions.
- After-hours contact for major accidents and injuries.
- Continue education on current risk and insurance topics
- Maintain reliable attendance. Actively participate in departmental meetings, training and education. Assist with training other employees and providing backup.
- Complete other assignments and special projects as requested.