Risk Management Analyst (Return to Work Opportunity)

Job Description:

Title: Risk Management Analyst (Return to Work Opportunity)

Reports to: Sr. Director of Risk Management

Location: Norwalk, CT

Relocation: No

Travel: Minimal to no travel is expected

About the Position:

We are seeking a detail-oriented Risk Analyst to join our Risk Management team. This role will help identify and evaluate potential risks within the organization by analyzing data related to insurance policies, claims history, and industry trends, and help to implement risk management solutions.

Eligibility details: This is a flexible role, and it is ideal for someone who is looking to return to work or change careers. We are looking for previously employed professionals with 3-5 or more years of work experience.

What you'll do

Responsibilities:

Administrative Support

• Maintain in-house hard copy files and secure electronic files. Manage off-site file storage for easy access and retrieval.

• Assist in reporting in areas such as budget review and analysis, accruals and invoice processing and tracking.

• Review monthly budget reports and keep up-to-date with any changes to AP and GBS processes, including TMS, Basware, and ServiceNow.

• Update documentation of all current processes as needed.

• Manage Risk Mgmt Request mailbox email traffic, ensuring speedy response times for inquiries and resolving issues.

• Maintain POA and Letters of Authorization document storage and retrieval.

• Crisis24 (Worldcue) Database Maintenance

• Work with Crisis24 tech team to review/purge old accounts and address any maintenance issues.

• Assist team members with registration, account set-up, and travel itinerary uploads, and answer questions about travel safety service and features.

• Prepare Travel Insurance Certificates as needed for international travelers.

• Customs Power of Attorney Forms - assist with US POA renewals, preparing documents and securing officer signatures as needed.

Risk Management Support

• Origami Support: work with support team to set up and maintain processes in their platform, including but not limited to Property Records and Value Collection Process (PVC), multi-hierarchy set-up, Certificates of Insurance processes - both incoming and outgoing, Real Estate Report.

• Risk assessment: Conduct comprehensive risk assessments by reviewing insurance policies, claims data, and industry reports to identify potential hazards and exposures.

• Data analysis: Utilize data analysis tools to identify trends and patterns in claims data, helping to predict future risk occurrences.

• Loss control recommendations: Develop and implement risk mitigation strategies to reduce the likelihood and severity of potential losses, including safety training programs and operational changes.

• Policy review and renewal: Analyze existing insurance policies to ensure adequate coverage, negotiate with brokers to optimize policy terms and premiums during renewal processes.

• Claims management: Monitor claims activity, investigate incidents, and coordinate with adjusters to minimize claim costs.

• Reporting and communication: Prepare reports on risk assessments, loss trends, and risk management initiatives for senior management and stakeholders.

• Compliance monitoring: Ensure adherence to regulatory requirements and company risk management policies.

What you'll bring

Required Qualifications:

• Associate's or Bachelor's Degree

• 3+ years of experience

• Ability to interpret data, identify trends, and draw meaningful conclusions.

• Ability to use effective written and verbal communication skills to present complex information to different stakeholders.

• Ability to analyze situations, identify root causes, and develop practical solutions.

Preferred Qualifications:

• Basic understanding of various insurance policies, coverage types, and underwriting principles.

• Familiarity with risk identification, assessment, and mitigation strategies.

• Proficient in using data analysis software to manipulate and interpret data.

Salary: The salary range for this position is $80,000 - 100,000. In addition to base salary, this position is eligible for a performance bonus. All eligible Team Members will be offered health insurance (medical, dental, vision, Rx), life insurance, accidental death & dismemberment (AD&D), short-term and long-term disability, extended leave options, paid time off, company holidays, 401k matching, employee stock purchase plan, legal assistance, wellness programs, tuition reimbursement and discount programs.

Why join us

• We are a global company, and our culture is defined byour Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Check out this video! The Terex purpose

• Safety is an absolute way of life. We expect all team members to prioritize safety and commit to Zero Harm.

• Our top priority is creating an inclusive environment where every team member feels safe, supported, and valued.

• We make a positive impact by providing innovative solutions, engaging our people, and operating in a sustainable way.

• We are committed to helping team members reach their full potential.

• Through innovation and collaboration, our vision remains forward-looking, and we aim to be a catalyst for change, inspiring others tobuild a better world for generations.

• For more information on why Terex is a great place to work click on the link! Careers | Terex Corporate

If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.

About Terex:

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide.

Additional Information:

We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact. We are committed to recruiting, engaging, developing, and retaining team members at all levels of our global workforce. Our culture is defined by our Terex Way Values - Integrity, Respect, Improvement, Servant Leadership, Courage, and Citizenship. Our values are the driving force behind our commitment to maintain an inclusive, supportive, non-discriminatory, and safe workplace for all team members. To that end, we are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions.As an Equal Opportunity Employer, employment decisions are made without regard to race, color, religion, national origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law. If you are a qualified individual with a disability, including disabled veterans, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting the recruiting department (person or department) atGlobaltalentacquisitions@terex.com.

The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including paid vacation, 401(k), medical, dental, and vision.