Risk Analyst I
The anticipated closing date of this job posting is April 18, 2025
JOB SUMMARY:
At Stolle Machinery, were seeking a Risk Analyst that will utilize their knowledge of enterprise risk management to achieve four main objectives: 1) identifying and naming risks impacting our business; 2) designing and implementing risk mitigation plans to address identified risks; 3) support the business by navigating matters related to insurance and risk transfer; and 4) educate fellow colleagues on basic principles of navigating risk management.
PRINCIPLE RESPONSIBILITIES include the following:
Develops and implements standards, policies and processes related to risk management;
Develops and implements contingency plans to manage business interruptions, volatile market events, and other emergencies;
Drafts and delivers reports and presentations to internal stakeholders outlining findings, identified risks, and recommended solutions;
Assists the business by reviewing customer contracts and related insurance requests;
Ensures that all claims are handled appropriately from initial reporting to final resolution in order to avoid delays in claims processing, including payments or reimbursements.
Manages the relationship with third party service providers such as brokers and underwriters.
Manages data gathering for Property & Casualty Insurance policy renewals and policy audits policy types include:
General Liability
Cyber
Property
Auto
Executive Risk
Foreign Package
Umbrella
Ocean Cargo
Ocean Cargo
Auto Insurance Cards
COIs to Customers
Manufacturers E&O Policy
Maintains knowledge of existing and developing laws and regulations related to the manufacturing industry;
Assesses and explains how new requirements may affect the organization in terms of risk exposure
KNOWLEDGE/EXPERIENCE/SKILLS: Minimal requirements for education, knowledge and experience:
Bachelors Degree in Business preferred (Disciplines such as Business Management, Economics, Finance or Accounting)
Insurance industry certifications, such as CRM or CIC, required
Positive attitude and willingness to learn
Must exhibit excellent verbal and written communication skills as well as the ability to work well with variety of roles within organization
Attention to detail
Ability to problem solve independently
Intermediate level Excel, Word and PowerPoint skills are preferred
Ability to effectively prioritize and organize work
PHYSICAL/MENTAL DEMANDS AND WORKING CONDITIONS: This position requires the ability to perform the essential duties and responsibilities in the following environment:
Work schedule generally consists of 40 hours per week, which may include on-call status, evenings, and/or weekends.
Ability to lift/maneuver up to 20 pounds.
This position description has been prepared to assist in defining job responsibilities, physical demands, working conditions and skills needed. It is not intended as a complete list of job duties, responsibilities and/or essential functions. Stolle Machinery Co, LLC retains and reserves any or all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.
Additionally, Stolle Machinery Co, LLC is an equal opportunity employer and does not discriminate on the basis of race, color, religion, age sex, national origin, disability, or veteran status.
Apply Now
JOB SUMMARY:
At Stolle Machinery, were seeking a Risk Analyst that will utilize their knowledge of enterprise risk management to achieve four main objectives: 1) identifying and naming risks impacting our business; 2) designing and implementing risk mitigation plans to address identified risks; 3) support the business by navigating matters related to insurance and risk transfer; and 4) educate fellow colleagues on basic principles of navigating risk management.
PRINCIPLE RESPONSIBILITIES include the following:
Develops and implements standards, policies and processes related to risk management;
Develops and implements contingency plans to manage business interruptions, volatile market events, and other emergencies;
Drafts and delivers reports and presentations to internal stakeholders outlining findings, identified risks, and recommended solutions;
Assists the business by reviewing customer contracts and related insurance requests;
Ensures that all claims are handled appropriately from initial reporting to final resolution in order to avoid delays in claims processing, including payments or reimbursements.
Manages the relationship with third party service providers such as brokers and underwriters.
Manages data gathering for Property & Casualty Insurance policy renewals and policy audits policy types include:
General Liability
Cyber
Property
Auto
Executive Risk
Foreign Package
Umbrella
Ocean Cargo
Ocean Cargo
Auto Insurance Cards
COIs to Customers
Manufacturers E&O Policy
Maintains knowledge of existing and developing laws and regulations related to the manufacturing industry;
Assesses and explains how new requirements may affect the organization in terms of risk exposure
KNOWLEDGE/EXPERIENCE/SKILLS: Minimal requirements for education, knowledge and experience:
Bachelors Degree in Business preferred (Disciplines such as Business Management, Economics, Finance or Accounting)
Insurance industry certifications, such as CRM or CIC, required
Positive attitude and willingness to learn
Must exhibit excellent verbal and written communication skills as well as the ability to work well with variety of roles within organization
Attention to detail
Ability to problem solve independently
Intermediate level Excel, Word and PowerPoint skills are preferred
Ability to effectively prioritize and organize work
PHYSICAL/MENTAL DEMANDS AND WORKING CONDITIONS: This position requires the ability to perform the essential duties and responsibilities in the following environment:
Work schedule generally consists of 40 hours per week, which may include on-call status, evenings, and/or weekends.
Ability to lift/maneuver up to 20 pounds.
This position description has been prepared to assist in defining job responsibilities, physical demands, working conditions and skills needed. It is not intended as a complete list of job duties, responsibilities and/or essential functions. Stolle Machinery Co, LLC retains and reserves any or all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.
Additionally, Stolle Machinery Co, LLC is an equal opportunity employer and does not discriminate on the basis of race, color, religion, age sex, national origin, disability, or veteran status.
Apply Now