Risk Analyst

Job Description

The primary responsibilities of this position are to support all facets of GM's Risk Management and Insurance processes and programs. This includes: (1) Developing the appropriate risk financing/insurance structure utilizing a mix of risk retention and risk transfer strategies; (2) Accumulating and analyzing complex global exposure data, and developing a marketable submission package; (3) Interpreting and supporting the negotiation of complex commercial insurance policies; (4) Allocating, invoicing and collecting insurance premiums and retained exposures from GM's global business units; (5) Managing and resolving insured and self-insured claims; (6) Identifying and implementing contractual risk transfer opportunities; 7) Analyzing contracts to ensure insurance obligations are met. The position is located at the GM World Headquarters, Renaissance Center in Detroit, Michigan and would be classified as Hybrid meaning a combination of "in the office: and "work from home" work arrangements would be permitted. To qualify as a Hybrid employee, this individual would need to live within 100 miles of GM's Detroit Headquarters

• Assist in integrating risk management analysis and review of property & casualty risk financing programs with insurance brokers, insurance companies and consultants
• Gather and interpret complex corporate risk financing data, including updating models to quantify internal and external, site-specific impact of business interruption
• Analyze internal and external sites' exposure to natural catastrophes and other perils potentially causing loss to property and/or business interruption
• Prepare & distribute premium allocations for risk financing programs
• Process invoices for premiums, commissions, fees and services
• Support the accounting of various risk financing arrangements
• Assist in developing and/or maintaining insurance policies and procedure manuals
• Assist in quantifying and resolving first and third-party claims with various insurers
• Design and implement the appropriate claims handling processes through the collaboration with various internal and external customers
• Review third party contracts for risk transfer opportunities
• Ensure compliance with contractual insurance requirements
• Field and resolve ad-hoc insurance issues of GM's global business units
• Prepare presentations to various levels of management
• Assist in the identification and implementation of risk control opportunities
• Assist with administration and maintenance of IT tools including SharePoint website
• Process IT application access requests & support semi-annual user access reviews
• Field and resolve ad-hoc business continuity planning issues with GM's global business units

About GM

Our vision is a world with Zero Crashes, Zero Emissions and Zero Congestion and we embrace the responsibility to lead the change that will make our world better, safer and more equitable for all.

Why Join Us

We aspire to be the most inclusive company in the world. We believe we all must make a choice every day - individually and collectively - to drive meaningful change through our words, our deeds and our culture. Our Work Appropriately philosophy supports our foundation of inclusion and provides employees the flexibility to work where they can have the greatest impact on achieving our goals, dependent on role needs. Every day, we want every employee, no matter their background, ethnicity, preferences, or location, to feel they belong to one General Motors team.

Benefits Overview

The goal of the General Motors total rewards program is to support the health and well-being of you and your family. Our comprehensive compensation plan incudes, the following benefits, in addition to many others:

• Paid time off including vacation days, holidays, and parental leave for mothers, fathers and adoptive parents;
• Healthcare (including a triple tax advantaged health savings account and wellness incentive), dental, vision and life insurance plans to cover you and your family;
• Company and matching contributions to 401K savings plan to help you save for retirement;
• Global recognition program for peers and leaders to recognize and be recognized for results and behaviors that reflect our company values;
• Tuition assistance and student loan refinancing;
• Discount on GM vehicles for you, your family and friends.

Diversity Information

General Motors is committed to being a workplace that is not only free of discrimination, but one that genuinely fosters inclusion and belonging. We strongly believe that workforce diversity creates an environment in which our employees can thrive and develop better products for our customers. We understand and embrace the variety through which people gain experiences whether through professional, personal, educational, or volunteer opportunities.GM is proud to be an equal opportunity employer.

We encourage interested candidates to review the key responsibilities and qualifications and apply for any positions that match your skills and capabilities.

Equal Employment Opportunity Statements

The policy of General Motors is to extend opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity/expression or veteran status. Additionally, General Motors is committed to being an Equal Employment Opportunity (EEO) Employer and offers opportunities to all job seekers including individuals with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, email us atCareers.Accommodations@GM.com. In your email, please include a description of the specific accommodation you are requesting as well as the job title and requisition number of the position for which you are applying.