The Corporate Insurance Analyst will assist in managing corporate non-life insurance programs for the Aegon Group of companies, including Transamerica and its related legal entities. This position will work with internal stakeholders, external brokers and insurers in the market to determine and achieve the desired coverage. This position reports to the Global Insurance Manager.

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Responsibilities:

  • Oversee and administer an assigned portfolio of corporate insurance programs primarily related to US and non-US casualty programs (General Liability, Auto Liability, Workers Compensation/Employers Liability)

  • Support the renewal and administration of the global corporate insurance programs.

  • Oversee the claims management process of workers compensation and other casualty lines of coverage including managing third-party administrators and working with in-house and external counsel as needed.

  • Manage and administer casualty insurance state reporting requirements for US legal entities. 

  • Maintain and improve departmental written procedures as assigned.

  • Track and manage certificate of insurance requests

  • Review third-party contracts/request for proposals based on current insurance policies and research and resolve insurance coverage questions from business unit staff and insurance brokers.

  • Support the Global Insurance Manager in analyzing the company’s overall cost of risk and general risk analytical support, including the insurance team budget and premium allocation process.

  • Support the goals and objectives of the Global Insurance Team through maintaining strong risk governance, focus on continuous process improvement, and managing special projects as assigned.


Qualifications:

  • Bachelor’s Degree in Finance, Insurance, Risk Management or related profession or equivalent experience.

  • Three years of insurance experience in a similar role within a corporation, insurance carrier, broker or TPA.

  • Experience with data analysis, including collecting and analyzing data, establishing facts, identifying trends, and recommending solutions.

  • Organizational skills required to manage multiple programs and scheduling of key events throughout the renewal lifecycle and claims management process.

  • Strong verbal and interpersonal communication skills needed for daily interaction with internal and external business associates.

  • Ability to research topics and clearly communicate in written and presentation formats to co-workers and management at various levels.

  • PC proficiency (MS Excel, Word, PowerPoint).


Preferred Qualifications:

  • CPCU, ARM, ACII, or other insurance designations/continuing education.

  • Risk management experience, with demonstrated knowledge of workers compensation claims and state requirements.

  • Working knowledge of captive insurance solutions and reinsurance markets.

  • Commutation experience and knowledge with latent claims process and claims management software.


Working Conditions:

  • Hybrid office environment

  • Occasional travel to meet with insurance carriers, brokers and TPAs, or other business needs

Compensation:

  • The Salary for this position generally ranges between $53,000 - $70,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

  • Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion. 

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This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.