Risk & Corporate Insurance Analyst
King Of Prussia, PA, US, 19406
Requisition Number: 30266
UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products and services through our subsidiaries and the company’s common stock is a balanced growth and income investment. UGI Corporation has paid common dividends for more than 135 consecutive years.
In addition to a challenging career and competitive compensation, our employees enjoy:
Generous and Family-friendly Health & Welfare Benefits Including:
• Medical, Vision, and Dental Plans
• Optional Health Savings Account
• Optional Dependent Care Savings Account
• Paid Maternity/Paternity Leave
• Work from home policy
• Employee Assistance Program
Additional Benefits Include:
• 401K with a generous company match
• Tuition Reimbursement
• Assistance with Professional Credentialing
• Referral Bonuses
• Employee Discount Programs
Position Summary:
The Corporate Insurance Analyst is responsible for supporting the organization's corporate insurance strategy to protect against operational, financial, and strategic risks. This role reports to the Sr Manager, Risk and Corporate Insurance.
This role will help oversee insurance program management including administrative tasks associated with surety bonds, insurance applications and other needs related to the company’s various policies.
Given the growth of the company over the last 10 years, this individual should be able to identify areas to simplify, automate and advance all aspects of the insurance department; establishing best practices to enhance the effectiveness of the Corporate Insurance function.
This position coordinates with the Claims/Legal Department on large losses to ensure timely notification to insurance carriers and the proper communication of case reserves to the TPA, Actuary and Accounting.
Coordinates the insurance programs with the business units.
Essential Functions:
- Evaluate and analyze insurance proposals to ensure alignment with organizational risk appetite and business objectives
- Administrative support for insurance policies including applications and surety bonds
- Monitor and analyze reporting frameworks to evaluate insurance program effectiveness
- Create executive-level presentations on insurance program performance and recommendations
- Collaborate with Finance, Legal, and Operations teams to identify emerging risks and appropriate mitigation strategies
- Maintain knowledge of industry trends, regulatory changes, and best practices in corporate insurance
Knowledge, Skills and Abilities:
- Bachelor’s Degree in risk management or finance
- Practical knowledge of risk management and insurance process, claims management, basic
- accounting practices, finance and insurance industry and policy forms. Knowledge of casualty and
- property claims handling.
Minimum Qualifications:
- Education: Bachelor’s Degree or equivalent experience
- Length of Experience: Minimum of 3 plus years of experience in financial analysis;
Other: Skilled with Microsoft Office; advanced in Microsoft Excel
- Strong interpersonal skills; ability to communicate effectively to different levels of management
- Strong analytical and problem solving skills
- Organized, meticulous and detail-oriented
- Highly motivated with ability to work independently under time pressure
All offers of employment are contingent upon the successful completion of a background check and drug screen, subject to applicable laws and regulations.
UGI Corporation is an Equal Opportunity Employer. The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, sexual orientation, veteran status, or any other legally protected class in its practices.
Nearest Major Market: Philadelphia
Job Segment:
Claims, Surety, Administrative Assistant, Accounting, Actuarial, Insurance, Administrative, Finance