Insurance analyst job description

The Insurance Analyst will provide insurance review to ensure that insurance coverage is obtained to protect Citibank's interest in the real estate collateral. Direct contact with insurance agents, vendors and internal customers are key to ensure adequate insurance coverage is in place and active. Has direct impact on the business by ensuring the quality of the tasks or services provided. The successful candidate will have the ability to work under minimal direct supervision. Applies working knowledge of established policies and procedures in a professional manner to meet team objectives. Understands how assigned duties contribute to the work of the team/unit and how the units coordinate their efforts and resources to achieve the team objectives. Ensures the quality and timely service goals. Requires tact and diplomacy when exchanging complex or sensitive information with others. Able to assess applicability of similar experiences and escalate under circumstances not covered by procedures. Individual must be accountable, ethical, results oriented, trustworthy, and credible.
Qualifications:
2-4 years relevant experience Can work well under pressure and multi-task with a sense of urgency Can work independently Good communication skills Comfortable with computers/applications and use of Microsoft



Education:


High School diploma or equivalent


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


Job Family Group:

Operations - Transaction Services


Job Family:

Loan Documentation and Processing


Time Type:

Full time

Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review
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Effective November 1, 2021, Citi requires that all successful applicants for positions located in the United States or Puerto Rico be fully vaccinated against COVID-19 as a condition of employment and provide proof of such vaccination prior to commencement of employment.

The insurance analyst role provides analytical support for our actuarial analysts and consultants working on client projects. We are looking for analytically-minded people who love numbers, have a keen eye for detail, and have strong skills in spreadsheet software. The ideal candidate will either have completed quantitative coursework in school and/or have experience working in data-driven positions. Prior insurance experience is beneficial but not required: We will teach you the key concepts of analyzing and forecasting insurance reserves.

Insurance analysts are not expected to pursue a credential with the Casualty Actuarial Society through passing actuarial examinations, and no exams are required for this position. This position does not include enrollment in our exam program, but employees who are successful in this role may apply for transition to an actuarial student role after sufficient experience with Milliman, if desired.

The insurance analyst works closely with project team members to provide data review, quantitative analysis, and project document editing in order to guarantee quality assurance. Their work is crucial to the final work product submitted to clients. As such, the position requires professionalism and strong communication skills - both in-person and written - in order to successfully liaise with colleagues and clients. The technician will produce work frequently in Microsoft Office, including Excel, Word, and PowerPoint, and strong skills in these areas are essential qualifications for a successful candidate.

This position is associated with the Milliman Boston, Burlington, VT, and Atlanta offices. That said, our team offers significant flexibility for remote work, particularly for those generally based on the East Coast. Successful candidates may discuss the balance of in-person versus remote work with our team before starting the role.
The position is available for an immediate starting date.


Qualifications


Required:


Four-year bachelor's degree or higher degree (quantitative course work required unless quantitative expertise demonstrated in work experience) The ability to attend to details and produce accurate work while interacting with financial and analytical Substantial expertise with Excel and Word Strong critical thinking, technical, and analytical skills Strong time management skills and ability to work independently The ability to work collaboratively and attend to, prioritize, and organize a myriad of urgent and non-urgent client needs in a fast-paced environment The ability and willingness to clearly articulate questions and ideas to colleagues


Desired:


Working knowledge of supplemental database and professional working tools such as Access and PowerPoint Intellectual curiosity about the topics of risk, Milliman, and the work of our specific property/casualty practice



Who We Are


This Milliman practice, with locations in Boston (MA), Burlington (VT), and Atlanta (GA) provides property and casualty actuarial consulting services on a range of projects across the insurance, reinsurance, insurance-linked securities (ILS) and alternative-risk markets. We work with a diverse set of clients including self-insured corporations, commercial insurance companies, governmental agencies, risk pools, and financial investors and other participants in the ILS space. Using a variety of Milliman products and office-built tools, we look to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the success of their business.


The Department/Team


The team is a focused and tight-knit group, working together across both locations. Team members work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team from technicians to analysts to the Principals serving as the client leads. While most of our team's time is spent working with employees in Boston, Burlington, and Atlanta, team members also have the chance to collaborate with other Milliman property and casualty practices around the world.


Milliman Benefits


At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual. We offer a competitive benefits package which includes:


Medical, dental and vision coverage for employees and their families, including eligible domestic partners. A 401(k) plan with matching program Paid Parental Leave up to 12 weeks Profit sharing as a discretionary contribution to employees' retirement accounts Paid Time Off (PTO) starts accruing on the first day of work and can be used flexibly Adoption assistance Milliman covers 100% of the premiums for life insurance, AD&D, and both short term and long term disability coverage Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation and applicable medical needs


The estimated salary range for this position is $61,000 - $86,000 per year dependingon relevant factors, including but not limited to education, work experience, certifications, etc.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Aon is looking for a Tax Insurance Analyst


Our North America Transaction Solutions team is looking to add an analyst to our industry-leading team. This role will have an important and direct impact on the financial results of this dynamic, fast-growing and high-profile business.

The Transaction Solutions team focuses on negotiation and placement of insurance solutions for Mergers & Acquisitions and other corporate transactions, including Representations & Warranties, Tax, Litigation/Contingent Liability insurance. Aon is the leading broker of tax insurance in North America. The tax team is part of the Transaction Solutions team and is staffed by former practicing tax lawyers and supported by a strong team of junior brokers and analysts.

We are looking for an entry/mid-level Analyst to focus on Tax insurance and assist the senior team members track and analyze data, support process and deliverables in insurance placements, and ultimately serve in a junior broker capacity. This position will also gain exposure to Representations & Warranties and Litigation insurance as well as our global colleagues for a well-rounded career experience across the full M&A solution set.


Your impact as an Analyst



Job Responsibilities:

• Support junior and senior brokers on day-to-day deal tasks and other long-term projects
• Prepare analyses for private equity and corporate clients and insurance carrier meetings
• Complete ad-hoc business development and innovation initiatives
• Conduct benchmarking and track economic and market developments

You Bring Knowledge and Expertise



Required Experience:

• Prior Finance, Accounting, or Data Analytics Coursework or Internship Experience
• Skilled in Microsoft Office, particularly Excel and PowerPoint
• Ability to work collaboratively as a key member of a team and independently with minimal supervision
• Effective presentation, reporting and communication skills
• Highly organized with attention to detail and ability to prioritize and multi-task
• Ability to attain a Broker's License in first year of employment

Education:

• BS or BA required (degree in Finance, Accounting, Economics, Computer Science or related field preferred)

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.


We offer you


A competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.


Our Colleague Experience:


From helping clients gain access to capital after natural disasters, to creating access to health care and retirement for millions, Aon colleagues empower results for our clients, communities, and each other every day. They make a difference, work with the best, own their potential, and value one another. This is the Aon Colleague Experience, defining what it means to work at Aon and realizing our vision of empowering human and economic possibility. To learn more visit Aon Colleague Experience.


About Aon:


Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

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