Risk Analyst

## Risk Analyst IApply:
Tulsa, OK:
Full time:
Posted Yesterday:
R8879## **#WeAreONEOK** –
** Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.
**** JOB SUMMARY
** This position supports the Risk and Insurance team in administering insurance and risk-management activities. Key responsibilities include assisting with risk evaluation and transfer, managing routine claims and stakeholder communications, maintaining renewal, budgeting, forecasting, and certificate-tracking data, analyzing insurance requirements, and reviewing contract language and coverage.
** Job Profile Summary
** This position is under supervision to perform functions that support the Corporate Risk Manager, Risk Analyst II and Risk Analyst III.
** Essential Functions and Responsibilities
*** Responsibilities may include, but are not limited to, the following:  + Determines insurable values  + Evaluate insurance agents and brokers  + Responsible for supporting the Manager and Risk Analyst II and III in evaluating proper risk acceptance, avoidance, or transfer
* Administers routine claims including third-party, workers’ compensation, non-litigated, or environmental claims in addition to subrogation claims on behalf of ONEOK against third-parties
* Coordinates and directs communication between the third-party administrator, outside counsel, in-house counsel, and management
* Maintain data/statistics/worksheets to support renewal submissions
* Assumes responsibility for maintaining cost center worksheets for budgeting and forecasting
* Maintain insurance certificate tracking systems and work with vendors to ensure the process is providing the information and data required
* Assumes responsibility for calculating, compiling, preparing, information and reports including but not limited to risk and insurance statistics, budgets and trends analysis/survey data
* Analyze requested exceptions to establish limits/coverage parameters for Certificates of Insurance issued to customer base or received from contractors or outside vendors
* Review third party contract insurance language requirements confirming coverage in place, limits required, specialized wording endorsements  
** Education
* ** Bachelor's Degree in business, finance, other related field with previous experience performing risk management functions, or an equivalent combination of formal education and the following job-related experience (minimum 2 - 3 years insurance industry related):  
** Work Experience
*** Experience in a risk and insurance department or an insurance brokerage firm.
* Experience in reviewing insurance policies and contracts.
* Experience in the use of office equipment and software programs including but not limited to Excel, Word and Power Point.
* Limited experience reading and interpreting third party service contracts, governmental regulations and statutes, insurance applications, manuals and professional and trade journals  
** Knowledge,

Skills and Abilities

*** Ability to: apply math and statistical computations
* Ability to: communicate with, staff and employees of the department as well as employees and staff of other internal departments
* Ability to: develop information and preparing formal presentations
* Ability to: formulate responses to audits involving various property and casualty insurance policies  
** Licenses and Certifications
*** Working to complete Charter Property and Casualty Underwriter (CPCU) preferred or
* Associate in Risk Management (ARM) preferred or
* Certified Insurance Counselor (CIC) preferred  
** Strength Factor Rating - Physical Demands/Requirements
*** Sedentary Work - Exerting up to 10 pounds of force occasionally…