What are the responsibilities and job description for the Insurance Analyst (Mid/Sr. Levels) - Salt Lake City, UT - #112960 position at PacifiCorp?
Insurance Analyst (Mid / Sr. Levels) - Salt Lake City, UT - #112960
The information below covers the role requirements, expected candidate experience, and accompanying qualifications.
Date : Feb 11, 2025
Location : SALT LAKE CITY, UT, US, 84116
Company : PacifiCorp
JOIN OUR TEAM!
PacifiCorp is seeking customer-centric candidates to grow and sustain our commitment to a culture of customer service excellence, environmental sustainability and diversity, equity and inclusion.
General Purpose
Manage projects and initiatives with major risks. Identify and assess areas of potential risk to the assets, earning capacity, or success of organization. Develop, recommend and implement risk-assessment models and methodologies. Evaluate the implementation of risk reduction strategies. Plan, develop and assist in negotiations of property and casualty insurance coverage placements.
Responsibilities
Responsibilities of the Insurance Analyst position include the following :
- Schedule, develop and complete insurance underwriting submissions and applications.
- Assist in providing training and direction on engineering efforts with property insurers and internal generating plant property engineers. Develop plans and strategies to achieve lower operational risk.
- Perform research and prepare correspondence for review and approval of insurance language and indemnification provisions in contracts, leases and agreements. Conduct sound risk evaluation of construction and professional services contracts, ensuring appropriate language and compliance to warranty, industry and insurance requirements.
- Process bond renewals, invoices and all other periodic documents. Develop, prepare and analyze financial, insurance and claim reports for senior management, department managers, brokers and state agencies.
- Coordinate payment and tracking of PacifiCorp bond and insurance invoices.
- Analyze certificates for company requirements and vendors’ contractual insurance obligations, and develop, maintain, track and report information in the insurance certificate database on renewal, deficient and expired certificates.
- Conduct ad-hoc risk studies and quantitative analysis as required. Develop reports summarizing analytical results. Prepare recommendations and communication to company personnel, agents, brokers and contractors.
- Ensure all compliance aspects are known and followed. Understand and comply with all policies, codes and regulations applicable to position and organization.
- Manage auto fleet insurance requirements. Coordinate and submit annual auto liability self-insurers reports to the states of CA, WA, OR, ID, UT and WY.
- Submit workers compensation self-insurers rate adjustment and second injury fund reports to the states of CA, WA, OR, ID, UT and WY.
- Respond timely and accurately to internal and external data requests regarding insurance programs and premium allocations.
- Monitor receipt of insurance binders, policies and endorsements. Manage the safekeeping of original insurance policies.
- Manage the relationships and serve as a liaison to external contacts, including brokers, underwriters, regulators, external legal counsel, surety companies and third-party engineering consultants.
- Monitor annual budgets for insurance premiums and monitor of budget variances throughout the year
- Assist with all other insurance related initiatives, projects or programs.
Sr. Level Responsibilities
Additional Responsibilities of the Sr. Insurance Analyst position include the following :
Requirements
Requirements for Insurance Analyst position include the following :
Additional Requirements for the Sr. Insurance Analyst include the following :
Preferences
Preferences :
Employees must be able to perform the essential functions of the position with or without an accommodation.
Additional Information
Req Id : 112960
Company Code : PacifiCorp
Primary Location : SALT LAKE CITY
Department : PacifiCorp Corporate
Schedule : Full-Time
Personnel Subarea : Exempt
Hiring Range : $76,200 - $103,100
This position is eligible for an annual discretionary performance incentive bonus of up to 12.00% of salary.
Benefits : Health care, retirement, paid time off, tuition assistance, paid short-term and long-term disability, paid bereavement leave. For more information, please visit : https : / / careers.pacificorp.com / content / New-Benefits-Page / ?locale=en_US
Employees must be able to perform the essential functions of the position with or without an accommodation.
At PacifiCorp, we celebrate diversity, equity and inclusion. PacifiCorp is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, medical condition, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law.
Unless otherwise required by law, all offers of employment are contingent upon the successful completion of a background check and drug screening including for marijuana. While marijuana is legal in several states, including Oregon, a positive test for positions in Oregon may disqualify a candidate. The company complies with the laws of Washington and California and only obtains and considers positive tests for marijuana in safety-sensitive positions or those covered by U.S. Department of Transportation regulations.
Career Segment : Compliance, Workers Compensation, Database, Equity, Procurement, Legal, Human Resources, Technology, Finance, Operations
PI77c194c1e17a-36310-36052867
Salary : $76,200 - $103,100
