Methods Analyst

Factory Mutual Insurance Company
Johnston, RI Full Time
POSTED ON 1/8/2024 CLOSED ON 4/3/2024

Job Posting for Methods Analyst at Factory Mutual Insurance Company

Overview

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength.

 

To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

 

Responsibilities

The Methods Analyst will analyze policy data and business processes and conduct processing audits for AFM & FM Lines according to protocols. Provide business support for our internal and operational staff's various systems/applications and workflow processes, conduct analysis and prepare reports, write/update procedures and guidelines, and document and communicate findings. This role will work with I.S. agile teams to participate in user acceptance testing, work through scenarios, etc., in preparation for implementing new systems and processes while ensuring encouraged outcomes and performance.

  • These tasks will be carried out via review and validation of reinsurance, client arrangement, account/policy structure, policy terms & conditions, and system data for accuracy and compliance to corporate processing procedures and guidelines.
  • The analyst will document recommendations found during audit reviews, identify trends or training needs, conduct solid analysis of data/results, and effectively communicate/present findings.
  • They will field support calls and conduct trending of calls to identify and provide training opportunities as applicable.
  • The analyst will assist in all areas of the Audit & Data Management Team, and assist co-workers with full workloads, including Entity Control, as vital, ensuring deliverable timelines are met.

Qualifications

Minimum 3-5 years of insurance experience or relatable business experience.

College Degree preferred.

Strong verbal, written, and presentation skills are needed.

Intermediate skill level in Microsoft Office, including Excel, PowerPoint, and Visio.

Knowledge of some or all processing systems. Including but not limited to: Strategic Relationship System (SRS), Policy Document Management System (PDMS), Global Tracking System (GTS), Global Business System (GBS), Certificates Application, and Insurance Product Delivery is helpful.

Seeking an enthusiastic, diligent individual with proven analytical skills.

Must be a flexible, creative-logical problem solver, a multi-tasker able to work under aggressive timelines. Additionally, adopt change, work well independently and within a team, and possess excellent customer service skills.

Must shift focus quickly to optimally prioritize tasks appropriately. 

 

The hiring range for this position dependent on final grade and title is $63,700 to $91,700 USD. The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more. 

 

The position is eligible to participate in FM Global’s comprehensive Total Rewards program which includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more.

 

FM Global is an Equal Opportunity Employer committed to attracting, developing, and retaining a diverse workforce.

 

#LI-TA1

 

 

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Salary.com Estimation for Methods Analyst in Johnston, RI
$86,919 to $116,336
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