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Insurance Analyst

Company: Penske
Location: Reading
Posted on: October 12, 2018

Job Description:

DescriptionPosition Summary:This position plays an integral role in gathering and providing financial detail to senior management to plan for adequacies of exposure and allocating for future financial needs. This position also supports the department in providing reports to various units as well as supplying information to insurance broker and underwriters. Completes and reports data to governmental entities to ensure compliance with workers' compensation and other insurance regulations. Major Responsibilities:- Identify and evaluate exposures to loss. Gather underwriting information and prepare submission for insurance policy renewal process.- Allocate insurance premiums based on underwriting exposures. Handle monthly wire transfers, claim payments, WC payroll reports/payments- Issue various insurance forms to meet regulatory requirement and comply with contract obligations.- Provide support and assistance on special projects.- Identify, analyze and report claim trends- Review Real Estate Contracts for new property lease opportunities. Maintain comprehensive list of all owned and leased properties for reporting to Property Insurance Carrier.- Create formulas and develop allocation processes for workers compensation costs to districts and filings for yearly business plans- Other projects as assigned by the supervisorQualifications- Bachelor degree in Accounting/Finance/Insurance, Business or other related discipline required- 3-6 years of related experience in Property Casualty Insurance and/or Risk Management required- ARM, CPCU, AIC certifications preferred- Excellent analytical, organizational, and communication skills required - Strong focus on customer service required- Must be able to organize, prioritize and execute on multiple task in a fast paced environment- Must have strong MS Office (Excel, Word, PowerPoint, etc.) and query (Brio and/or AS 400) skills- Should be a self-starter, detail-oriented, and able to work independently- Green Belt certification a plus - Regular, predictable, full attendance is an essential function of the job- Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.Physical Requirements:-The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.-The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.-While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.-Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.Penske is an Equal Opportunity Employer.About Penske Truck LeasingPenske Truck Leasing Co., L.P., headquartered in Reading, Pennsylvania, is a partnership of Penske Corporation, Penske Automotive Group, and Mitsui & Co., Ltd. A leading global transportation services provider, Penske operates more than 260,000 vehicles, employs more than 29,000 people, and serves customers from more than 1,000 locations in North America, South America, Europe, Australia, and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit http://www.GoPenske.com to learn more.

Keywords: Penske, Reading , Insurance Analyst, Professions , Reading, Pennsylvania

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