Risk Analyst jobs in Middlesex, NJ

Who We Are:

ExtensisHR, one of the largest Professional Employer Organizations (PEOs) in the U.S. with client employees in all fifty states, is looking for talented people to join our team. If you want to contribute your talents, make a bigger impact, and be part of the growing PEO & HRO industry, we are interested in talking to you. Our renowned industry leadership in customer service starts with our people. You can contribute to delivering on our brand promise of helping organizations succeed through our people-first approach in solving customer’s ever-evolving HR needs. Our HR offerings include personalized services for HR, employee benefits, payroll and taxes, employer risk, compliance, and employee management. Today, we manage over $3 billion in employment-related costs annually—and we are growing every day.

For more information about the company visit www.ExtensisHR.com.

Who You Are:

The Risk Analyst is responsible to support new sales growth, customer solutions, and service clients in the implementation process while evaluating clients to make sound judgments in approving client partners and their corresponding operational employment risks.  Ability to multi-task and prioritize workflow are essential to success.

What You'll Do:

• Review sales RFI submissions to evaluate prospective client’s Industry within company procedures and guidelines for acceptance or rejection.
• Take active ownership of newly assigned clients for the administration of the Risk Team's client business acceptance and implementation process.
  • Evaluate new client business operations to support their acceptance and implementation of ExtensisHR Professional Employer Organization service solutions within company procedures, guidelines, and service level agreements.
  • Examine documentation for accuracy and details necessary to meet ExtensisHR compliance and carrier partner covenant reporting obligations, inclusive of employer/employee classification, legal entity registration, structure, tax reporting structure, and ownership.
  • Review, approve and establish required ExtensisHR system details involving client locations, employee positions/titles, and employee workers’ compensation class code assignment.
  • Engage in a Client Consultative process to explain and discuss ExtensisHR supplemental Employer Protection Plan benefit offerings.
  • Perform analysis of applications, supplemental applications, loss runs, financial documents, risk control and other necessary documents to determine hazards and exposures with prospective clients and potential eligibility for placement in the workers’ compensation insurance programs.
  • Facilitate the completion and accuracy of all required Client workers’ compensation applications/forms.
  • Review, establish, categorize, and provide authorization of proper governing classification codes for individual risks and employees for proper placement in client solution insurance programs.
  • Examine documentation for accuracy of information for underwriting including proper class codes, locations, payroll, loss information and ownership.
  • Ensure accuracy of distribution carrier issued policies, endorsements, and audits.
  • Review and identify any risks with performance issues and collaborate with claims and loss control for client intervention when necessary.
• Communicate and supports current ExtensisHR Risk Management policies with sales team for both new and renewal business.
• Service and maintain Carrier partnerships with periodic new client audits and reporting.
• Service and maintain Client relationships with daily inquiries and requests.
• Manage day to day program functions and special projects as required.

Administration:

• Record and maintain accuracy of active client data within department applications.
• Establish, document, and maintain Department Workflow and CRM records, all required electronic logs, carrier transmission files, and automated screening tools.
• Track client compliance with Extensis’ insurance requirements and worksite safety recommendations.

What You Bring:

• Bachelor’s or Associate’s degree in business, insurance and/or equivalent technical understanding of the insurance claims/adviser or counselor/underwriting industry with an emphasis on the multi-state workers’ compensation market. Advanced degrees or certifications (ARM, CPCU, CLCS, CSP, etc.) a plus.
• Practical knowledge of Workers’ Compensation Classification rules and regulatory interpretations for assignment.
• Ability to understand complex Ownership and combinability for experience rated/nonrated workers’ compensation.
• Client consultative approach to client risk solving.
• Negotiates Skillfully - Uses persuasion in tough situations.
• Communication – Position needs to excel at communicating via MS Teams, in person, phone, email and internally across teams.
• High Business Acumen – Position must be comfortable engaging C-suite executives and coordinating internal operations successfully.
• Resourceful Problem Solver – Proactively recognize opportunities and offer solutions before the client asks based upon connecting the dots between client interactions and Risk service solutions.

Competencies:

• Excellent verbal and written communication skills – ability to communicate effectively with external parties, including customers and internal Teams.
• Resourceful, independent thinker with the desire to be part of a high-performance team and culture.
• Strong customer-service orientation
• Highly Likeable – Must present the ability to de-escalate client issues and become a trusted advisor which gains client confidence.
• High attention to detail and organized.
• Ability to work independently and be a team player.
• Results-driven and self-motived
• High ethical standards

Responsibilities and requirements are subject to change based on business needs.

What We Offer:

At ExtensisHR, we recognize there are many factors that influence your overall satisfaction both at work, and in your personal life. Under our ‘You Supported Program,’ we provide a great mixture of compensation, benefits, company culture, and resources to our employees that help you reach a happier, more balanced life. Some of these offerings include:  

• Competitive compensation to reward you for your hard work every day.
• Progressive Paid-Time Off Program for you to enjoy time out of the office, including time off for volunteering and life events.
• Group Medical, Dental, Vision and Life insurance to encourage a healthy lifestyle available from day one. 
• Pretax Spending Accounts to ease taxes on health and dependent care expenses.
• 401k and IRA retirement plans, employer contributions.
• Extensive professional development programs to help you get to where you want to go in your career.
• Employee Discounts on retail and entertainment.
• A social and community outreach committee that promotes a fun inclusive culture through in-office events and networking opportunities. 
• Diversity, Inclusion and Equity (DEI) committee that promotes organization DEI initiatives and employee engagement.
• Complimentary coffee and snacks to keep you fueled and productive throughout the day.

ExtensisHR is committed to a diverse and inclusive workplace. We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

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