Job Description
Job Title:  RISK ANALYST
Posting Start Date:  10/6/26
Job Description: 

POSITION PURPOSE

This position is located at our Headquarters building in Bismarck, ND and is not a remote position.

Supports the organization's risk management and insurance programs through analysis, claims administration and insurance program support. Assists in developing effective risk mitigation relative to the management of non-medical pure risk.


 

ESSENTIAL DUTIES

  • Compile and analyze underwriting data for insurance program renewals.
  • Participate in the annual insurance renewal process, including the formulating of limits, layers, terms, and conditions of the insurance program. Receive and check all insurance policies for accuracy, and update RMIS database.
  • Allocate premium payments across all lines of insurance.
  • Participate in the claims handling process, settlement strategy, investigative process, and reserve setting; assist with the negotiations with insurance claims personnel; and assist with the loss recovery process against third parties.
  • Evaluate and process certificate of insurance requests and vendor certificate of insurance program ensuring data is accurate and available for field use.
  • Participate in the coordination of loss prevention inspection visits and response to loss prevention reports from insurance companies.
  • Respond to routine inquiries from internal stakeholders, brokers, and carriers.
  • Assist with the coordination of workers compensation activities.
  • Assist in the preparation of operational and risk reports for management analysis.
  • Assist in the development of procedures and policies regarding risk management and make recommendations for the adoption of such policies.
  • Perform other duties as assigned.

MINIMUM QUALIFICATIONS

  • A bachelor’s degree in risk management and insurance or a business-related field; and 3 years of property and casualty insurance related experience; or
  • An associate’s degree in a related field; and  5 years of property and casualty insurance related experience.
  • A high school diploma or equivalent (GED or HSED); and 7 years of property and casualty insurance related experience.
  • Occasional travel.

PREFERRED QUALIFICATIONS

  • Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU) professional designation.

PHYSICAL AND ENVIRONMENTAL DEMANDS

This position requires the ability to remain in a stationary position and to move about the office building, occasional reaching below and above shoulder level, constant use of a keyboard/computer and other office productivity machinery, bending, kneeling lifting/carrying up to 10 pounds, and pushing/pulling up to 20 pounds. It also requires finger dexterity and hand coordination.

KEY SKILLS

  • Good analytical skills in assessing risk, critical thinking and data analysis; statistical analysis; and financial modeling skills.
  • Strong verbal and written communication skills including writing risk assessments, explaining complex risk concepts, collaboration and making recommendations. 
  • Proficient in Microsoft Office, with advanced ability in excel.