Risk Analyst

Job Description

Job Description

We are looking for an experienced Risk Analyst to support claims risk management activities for a government-focused organization in Richmond, Virginia. This Long-term Contract position is ideal for a detail-oriented individual who can evaluate claims-related operations, interpret policies and procedures, and turn complex information into clear recommendations for business decisions. The role involves close coordination with internal stakeholders and external partners while helping maintain accurate reporting, financial tracking, and program documentation.

Responsibilities:
• Lead claims risk management support activities by organizing program tasks, maintaining project continuity, and helping align claims-related practices across stakeholders.
• Examine operational and claims data to identify trends, assess exposures, and provide practical recommendations that support informed decision-making.
• Develop and revise reports, forecasts, analytical summaries, billing documentation, and other records needed to support claims and risk management activities.
• Partner with cross-functional teams to verify information, resolve discrepancies, and maintain strong communication with outside departments and third-party vendors.
• Review expenditures and perform reconciliations while monitoring claims-related financial activity for accuracy and completeness.
• Address inquiries from internal and external parties by providing timely follow-up, clarifying issues, and supporting issue resolution.
• Conduct reviews of claims operations and prepare findings that highlight risks, process gaps, and opportunities for improvement.• 5+ years of experience in risk analysis, claims administration, insurance, or a closely related field.
• Working knowledge of insurance claims, liability coverage, third-party liability, and coordination with third-party insurance carriers.
• Experience performing audits, claims reviews, or compliance-focused assessments within a risk management environment.
• Ability to analyze complex information, interpret policies and procedures, and produce clear written reports and recommendations.
• Proficiency in financial tracking activities such as expenditure monitoring, invoice review, and reconciliations.
• Strong Microsoft Excel skills for data analysis, reporting, and management of statistical information.
• Familiarity with enterprise risk management concepts, conduct risk assessments, and corporate risk practices.
• Strong communication and collaboration skills with the ability to work effectively with internal teams, vendors, and external partners.