Analyst, Insurance Risk

Analyst, Insurance Risk

At BWXT Technologies, Inc., we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With more than 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. We are the sole manufacturer of naval nuclear reactors for U.S. submarines and aircraft carriers. Our company supplies precision manufactured components, services and fuel for the commercial nuclear power industry across four continents. Our joint ventures provide environmental restoration and operations management at a dozen U.S. Department of Energy and NASA facilities. BWXT's technology is driving advances in medical radioisotope production in North America and microreactors for various defense and space applications.

Position Overview: The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and execute precise corporate premium allocations across business units. The analyst evaluates total cost of risk (TCOR), ensures regulatory compliance, and optimizes claim mitigation strategies.

Location: Onsite in Charlotte, NC with hybrid work schedule

Your Day to Day as an Insurance Risk Analyst:

• Renewal Support & Data Modeling: Gathers, compiles, and validates historical underwriting exposure data (e.g., payroll, headcount, property values, fleet sizes) for annual insurance renewals.
• Premium Allocation Management: Develops and executes equitable premium allocation models to distribute insurance costs across various subsidiaries, departments, or geographic regions.
• Claim Review & Analysis: Analyzes incoming claims (e.g., General Liability, Workers' Comp, Property) to ensure they are complete and accurate.
• Third Party Administrators: Manages relationship with Third Party Administrators and provides oversight for complex claims.
• Certificates of Insurance: Manages third-party compliance for certificates of insurance.
• Reporting & Documentation: Maintains accurate, detailed records of claims and prepares comprehensive reports on claim trends and financial impact.
• Communication: Serves as the primary contact for Third Party Administrators, internal safety and internal legal teams, providing clear, professional communication regarding claim status.

Required Qualifications:

• Education: Bachelor's degree in Business, Finance, Risk Management, or a related field.
• Experience: Minimum of 2 years' relevant experience in data analysis.
• Analytical Skills: Strong ability to analyze data, interpret insurance contracts, and draw valid conclusions.
• Technical Proficiency: Advanced proficiency in Microsoft Office (specifically Excel) and familiarity with claims management software.
• Communication: Excellent written and verbal communication skills for interaction with stakeholders.
• Attention to Detail: High level of accuracy in reviewing documentation and data entry.
• Must be a U.S. citizen.
• Must be able to obtain and maintain a U.S. Department of Energy (DOE) clearance.

What We Offer:

• Competitive salary and benefits package, including health, dental, and retirement plans.
• Flexible work schedules and paid time off to promote a healthy work-life balance.
• Professional development opportunities, including mentorship programs and sponsorship for continuing education.
• An inclusive atmosphere that celebrates new perspectives and supports collaboration between different generations.
• The chance to be part of a mission-driven organization making a positive impact on the future of energy.
• Opportunities for continuous learning and training to grow throughout your career!

Pay: $65,000 - $103,000