Avangrid

Lead Analyst - Insurance

Orange, CT

$78,091-$112,256

About This Job

The base salary range for this position is dependent upon experience and location, ranging from $78,091 to $112,256

Job Summary

Under the direction of the Manager, this position is involved in the oversight, management and administration of Corporate Insurance and Risk Financing Programs. Working in the Insurance and Risk Team this position requires that the candidate work constructively with colleagues, lend knowledge, experience and mentoring skills to assist others in affiliated OpCo#s and Business Areas. Additional requirements include, but are not limited to, management of claims reported to insurers, claim reserve maintenance and reporting, including loss data analysis and trending, management of Insurance policies and related records, Records Retention Program administration, financial analysis, risk identification, contract review and Insurance Certificate issuance. Responsibilities will also include Insurance Renewal Application Preparation and Data Gathering and interaction with Insurance Brokers and Consultants.

Key Responsibilities

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Oversees the gathering of data and completion of Insurance Renewal Applications; including the gathering of data and correlation of responses for multi-million dollar renewals

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Works with Brokers to ensure renewal data requirements are met and submissions complete

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Prepare and maintain accurate records, files and reports associated with large retained loss cost programs

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Prepares multiple Purchase Requisitions and Purchase Orders for Insurance Policy Procurement, Broker Services and other Vendors

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Processes Insurance Premium invoices and develops premium allocation spreadsheets as part of payment cycle

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Responsible for oversight and management of all requests for Insurance Certificates; ensure timely issuance and compliance with contracts and permit requirements of governmental (and related) agencies

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Involved in preparing insurance forecasts associated with Regulatory requirements, including the development of Rate Case exhibits and responses

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Manages documents and records within the Corporate SAP Risk and Insurance Information Management System

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Involved in the preparation of Budgets, Budget Forecasts and Analysis

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Maintains a working and current knowledge of legal, regulatory and competitive environment influencing the price and availability of insurance and related, risk management solutions - makes recommendations to Manager, Corporate Insurance and Risk

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Monitors and reports on loss trends, reserve development and monthly/quarterly reports to Accounting

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Involved with providing external actuaries with data and program outlines so that annual reports can be completed

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Willingness to Travel

Required Qualifications

Education & Experience Required:

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Bachelors Degree with a minimum of 3 years relevant experience preferred.

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Associates Degree with a minimum of 5 years relevant experience required.

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Knowledge of risk management information systems, basic casualty insurance and claims handling procedures preferred

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Working knowledge of PC applications and databases/systems (Word, PowerPoint, Excel, Visio)

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Experience with Accounting and or accounting systems required

Skills/Abilities:

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Candidate must have strong negotiation and follow-through skills

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Excellent interpersonal skills coupled with analytical competence is required to interact with management and external consultants

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Must possess the ability to work and think independently; must also take direction and be proactive

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Must be organized and be able to manage multiple assigned tasks/projects and complete assignments within specified deadlines

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Communicate effectively verbally and in writing to all levels of staff and management, outside officials and agencies, and the public, expressing ideas and instructions clearly and concisely

Benefits:

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Award winning student loan debt repayment program

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12% 401(k) Match

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Competitive salary and performance-based bonuses

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Comprehensive benefits - including medical, dental, vision and variety of well-being programs

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Tuition Assistance

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Opportunities for professional development, career advancement, and internal mobility

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Supportive and inclusive work environment

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Generous PTO policy

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Company:

AVANGRID MANAGEMENT COMPANY, LLC.

Mobility Information

Please note that any applicant who is not a citizen of the country of the vacancy will be subject to compliance with the applicable immigration requirements to legally work in that country.

At Avangrid we provide fair and equal employment and advancement opportunities for all employees and candidates regardless of race, color, religion, national origin, gender, sexual orientation, age, marital status, disability, protected veteran status or any other status protected by federal, state, or local law.

If you are an individual with a disability or a disabled veteran who is unable to use our online tool to search for or to apply for jobs, you may request a reasonable accommodation by contacting our People and Organization department at

careers@avangrid.com

.

Avangrid employees may be assigned a system emergency role and in the event of a system emergency, may be required to work outside of their regular schedule/job duties. This is applicable to employees that will work in Connecticut, Maine, Massachusetts, and New York within Avangrid Network and Corporate functions. This does not include those that will work for Avangrid Power.

Job Posting End Date:

June-21-2025