Insurance Analyst / Senior Insurance Analyst

Company Summary Statement

As one of the largest investor-owned utility companies in the United States, PPL Corporation (NYSE: PPL), is committed to creating long-term, sustainable value for our 3.5 million customers, our shareowners and the communities we serve. Our high-performing regulated utilities — PPL Electric Utilities, Louisville Gas and Electric, Kentucky Utilities and Rhode Island Energy — provide an outstanding experience for our customers, consistently ranking among the best utilities in the nation. PPL’s companies are also addressing challenges head-on by investing in new infrastructure and technology that is creating a smarter, more reliable and resilient energy grid. We are committed to doing our part to advance a cleaner energy future and drive innovation that enables us to achieve net-zero carbon emissions by 2050 while maintaining energy reliability and affordability for the customers and communities we serve. PPL is a positive force in the cities and towns where we do business, providing support for programs and organizations that empower the success of future generations by helping to build and maintain strong, diverse communities today.

#INDPPL

The Insurance Analyst or Senior Insurance Analyst position will assist with corporate insurance related matters mainly supporting with day-to-day administrative activities and management of routine department processes. As directed, the Analyst/Sr. Analyst will perform a number of insurance and risk management activities that support the various business lines within PPL which include: insurance program renewals for property and casualty lines, captive insurance management, claims, contract reviews for a wide variety of risks, management of the surety bonding program, certificates of insurance processing, and involvement in any project that requires corporate insurance assistance.

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- Collect and organize data for US domestic insurance program renewal submissions and assist in the renewal process as directed. Tasks include renewal application underwriting data preparation, insurance meeting participation, development of presentations and reports to senior management.

- Assist in the overall management of PPL’s corporate insurance programs and any special programs in place for specific business lines.

- Support claims management activities such as monitoring status of claims and potential claims for exposure and incurred costs, and processing invoices related to claim payments.

- Manage insurance certificates for both PPL and from third parties doing business with PPL and its subsidiaries.

- Collaborate with all business lines and corporate support groups (including Procurement, Legal, IT) in the review and risk identification in various agreements and contracts to analyze and recommend appropriate insurance requirements for third parties to best protect the interests of PPL.

- Review quotes, binders and policies upon receipt for accuracy.

- Manage the invoice/payment process for all placements, fees and claim billings.

- Manage the corporate surety bonding program including new requests, renewal of existing bonds and processing invoices.

- Provide mergers and acquisitions (M&A) due diligence and integration support across all insurance programs.

- Provide assistance in data and risk analysis for projects as needed.

Qualifications

- Bachelor’s degree from an accredited college or university preferably in Risk Management and Insurance, Mathematics/Statistics, Business Administration or a related field.

- Insurance Analyst consideration – at least 2 years’ experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles.

- Senior Insurance Analyst consideration – at least 5 years’ experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles.

- Demonstrated knowledge of core commercial insurance principles and understanding coverage forms, risk identification and risk assessment.

- Detail-oriented and strong organizational skills required to maintain and ensure accuracy of data and information of different activities.

- Analytical skills required and ability to manage multiple projects and tasks independently, change priorities when needed and be proactive.

- Excellent written and verbal communication skills with strong presentation skills.

- Strong interpersonal skills with an ability to effectively support and work well with people from different disciplines across the organization. Customer focus, collaborative and willingness to develop professional relationships with core brokers and vendors.

- Highly proficient working knowledge of Microsoft Office – Outlook, Word, Excel, PowerPoint and SharePoint.

- A valid driver’s license operable in all 50 states and Canada.

Preferred Qualifications

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- Completed or desire to pursue professional insurance designation such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU).

- Knowledge or experience in contract reviews to evaluate insurance and indemnification provisions, identify exposures and mitigate insurance-related risks.

- Experience within the power/utility/energy industry, renewable energy, or construction industry is a plus.