Risk & Corporate Insurance Analyst
ugiKing of Prussia (PA)
About the role
Requisition Number:
30266 UGI Corporation (NYSE: UGI) is a holding company that distributes and markets energy products and services through our subsidiaries and the company's common stock is a balanced growth and income investment. UGI Corporation has paid common dividends for more than 135 consecutive years. In addition to a challenging career and competitive compensation, our employees enjoy: Generous and Family-friendly Health & Welfare Benefits Including: Medical, Vision, and Dental PlansOptional Health Savings AccountOptional Dependent Care Savings AccountPaid Maternity/Paternity LeaveWork from home policyEmployee Assistance ProgramAdditional Benefits Include:401K with a generous company matchTuition ReimbursementAssistance with Professional CredentialingReferral BonusesEmployee Discount ProgramsPosition Summary: The Corporate Insurance Analyst is responsible for supporting the organization's corporate insurance strategy to protect against operational, financial, and strategic risks. This role reports to the Sr Manager, Risk and Corporate Insurance. This role will help oversee insurance program management including administrative tasks associated with surety bonds, insurance applications and other needs related to the company's various policies. Given the growth of the company over the last 10 years, this individual should be able to identify areas to simplify, automate and advance all aspects of the insurance department; establishing best practices to enhance the effectiveness of the Corporate Insurance function. This position coordinates with the Claims/Legal Department on large losses to ensure timely notification to insurance carriers and the proper communication of case reserves to the TPA, Actuary and Accounting. Coordinates the insurance programs with the business units.
Essential Functions:
Evaluate and analyze insurance proposals to ensure alignment with organizational risk appetite and business objectivesAdministrative support for insurance policies including applications and surety bonds Monitor and analyze reporting frameworks to evaluate insurance program effectiveness Create executive-level presentations on insurance program performance and recommendationsCollaborate with Finance, Legal, and Operations teams to identify emerging risks and appropriate mitigation strategiesMaintain knowledge of industry trends, regulatory changes, and best practices in corporate insuranceKnowledge, Skills and Abilities: Bachelor's Degree in risk management or financePractical knowledge of risk management and insurance process, claims management, basicaccounting practices, finance and insurance industry and policy forms. Knowledge of casualty andproperty claims handling.
Minimum Qualifications:
Education: Bachelor's Degree or equivalent experienceLength of Experience: Minimum of 3 plus years of experience in financial analysis; Other: Skilled with Microsoft Office; advanced in Microsoft ExcelStrong interpersonal skills; ability to communicate effectively to different levels of managementStrong analytical and problem solving skillsOrganized, meticulous and detail-orientedHighly motivated with ability to work independently under time pressureAll offers of employment are contingent upon the successful completion of a background check and drug screen, subject to applicable laws and regulations. UGI Corporation is an Equal Opportunity Employer. The Company does not discriminate on the basis of race, color, sex, national origin, disability, age, gender identity, sexual orientation, veteran status, or any other legally protected class in its practices.
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