Risk Analyst - Insurance

Winnipeg, Manitoba
We put our team members first. You'll receive a great salary and benefits, and experience the support and opportunity you deserve. You're empowered to make decisions. You control your future.

Job Description:

Job Description

Insurance

• Collect loss incident information and evidence from operations personnel for vehicle thefts, vehicle collisions, natural disasters, general liability, cyber attacks, etc.
• Advise operations and corporate personnel on how our insurance programs can reduce their risks of loss on a case-by-case basis
• File insurance claims, respond to adjuster inquiries, track claims status through to closing
• Report claims status to Manager, Treasury & Risk and other interested parties
• Respond to attorney requests for information
• Identify opportunities to reduce the risk of financial loss through loss prevention activities
• Process insurance invoices for payment in a timely manner; advise GL account coding
• Compile risk exposures for policy renewals
• Prepare monthly and quarterly reporting

Major Projects

• Work with the Manager of Treasury & Risk to standardize our response to theft, weather, and work product related losses; issue standard guidance to the field
• Implement an IT ticketing system to facilitate claim initiation, compilation of information, status tracking, and reporting of loss incidents and insurance claims
• Standardize the renewal process for our various coverages

Treasury

Assist Treasury with:

Treasury Operations

• Monitor daily cash positions
• Perform wire transfers between accounts, debt draws and repayments, foreign exchange trades
• Manage online banking portals; maintain and control user access
• Liaise with banks for banking services administration

Cash Forecasting

• Gather information to prepare weekly cash forecasts
• Prepare daily cash plans from the weekly forecast, including commentary and action summary
• Perform variance analysis for actuals vs. forecasts to refine the forecast and respond to changes in business conditions

Debt Management

• Process bank debt draw, conversion, and repayment requests
• Track debt positions and related interest expense by updating the Bank Debt Register

Education and/or Experience Required (including certifications)

• Post-secondary education (preferably business administration, accounting, finance, or economics) or equivalent work experience
• 1 - 3 years experience performing corporate administrative tasks, working within the terms of service contracts, interacting with financial services providers
• Experience building and maintaining strong working relationships with operations
• Preferred:

• Insurance brokerage experience; Manitoba Public Insurance experience
• Insurance claim administration experience
• Experience in treasury operations and/or forecasting
• Experience interacting with all levels of a business

Required Skills/Abilities

Preferred Knowledge and/or Experience

• Knowledge of insurance-related risk management concepts would be an asset
• Knowledge of auto body work and retail would be an asset

Skills

• Ability to work independently, work with others and contribute to a team environment
• Ability to work in a rapidly evolving business environment
• Strong attention to detail with organization skills and ability to multitask under pressure is required
• Ability to communicate effectively, both verbally and in writing, with a wide variety of internal and external stakeholders. Able to explain complex concepts simply and obtain buy-in.
• Intermediate computer software skills, including Excel: macros, pivot tables, advanced formulas