PPL Corporation
Insurance Analyst / Senior Insurance Analyst
PPL Corporation, Louisville, Kentucky, us, 40201
Overview
This position is a hybrid role, with in-person attendance at least three days per week in one of the following offices: Allentown, PA 18101 or Louisville, KY 40223. Candidates not within commuting distance cannot be considered for this position, as it does not support a fully remote/work-from-home schedule.
The Insurance Analyst or Senior Insurance Analyst will assist with corporate insurance matters, primarily supporting day-to-day administrative activities and the management of routine department processes. As directed, the Analyst/Sr. Analyst will perform various insurance and risk management activities that support multiple business lines within PPL. These activities include insurance program renewals for property and casualty lines, captive insurance management, claims, contract reviews for a wide range of risks, management of the surety bonding program, certificates of insurance processing, and involvement in projects requiring corporate insurance assistance.
Responsibilities
Collect and organize data for US domestic insurance program renewal submissions and assist in the renewal process as directed. Tasks include renewal application underwriting data preparation, insurance meeting participation, and development of presentations and reports to senior management.
Assist in the overall management of PPL’s corporate insurance programs and any special programs in place for specific business lines.
Support claims management activities such as monitoring status of claims and potential claims for exposure and incurred costs, and processing invoices related to claim payments.
Manage insurance certificates for both PPL and third parties doing business with PPL and its subsidiaries.
Collaborate with all business lines and corporate support groups (including Procurement, Legal, IT) to review and identify risks in various agreements and contracts, and analyze and recommend appropriate insurance requirements for third parties to protect PPL’s interests.
Review quotes, binders and policies upon receipt for accuracy.
Manage the invoice/payment process for all placements, fees and claim billings.
Manage the corporate surety bonding program including new requests, renewal of existing bonds and processing invoices.
Provide mergers and acquisitions (M&A) due diligence and integration support across all insurance programs.
Provide data and risk analysis support for projects as needed.
Qualifications
Bachelor’s degree from an accredited college or university, preferably in Risk Management and Insurance, Mathematics/Statistics, Business Administration or a related field.
Insurance Analyst (2+ years) – experience in Commercial Insurance or Risk Management in a corporate environment, or at a commercial insurance brokerage, broker placement, or client advisory role.
Senior Insurance Analyst (5+ years) – experience in Commercial Insurance or Risk Management in a corporate environment, or at a commercial insurance brokerage, broker placement, or client advisory role.
Demonstrated knowledge of core commercial insurance principles, coverage forms, risk identification and risk assessment.
Detail-oriented with strong organizational skills to maintain data accuracy across multiple activities.
Analytical, able to manage multiple projects independently, adapt to changing priorities, and be proactive.
Excellent written and verbal communication skills with strong presentation abilities.
Strong interpersonal skills to collaborate with colleagues across disciplines; customer-focused and able to develop professional relationships with core brokers and vendors.
Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint, SharePoint).
Valid driver’s license operable in all 50 states and Canada.
Preferred Qualifications
Completed or pursuing professional insurance designation such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU).
Knowledge or experience in contract reviews to evaluate insurance and indemnification provisions, identify exposures and mitigate insurance-related risks.
Experience within the power/utility/energy industry, renewable energy, or construction industry is a plus.
#J-18808-Ljbffr
The Insurance Analyst or Senior Insurance Analyst will assist with corporate insurance matters, primarily supporting day-to-day administrative activities and the management of routine department processes. As directed, the Analyst/Sr. Analyst will perform various insurance and risk management activities that support multiple business lines within PPL. These activities include insurance program renewals for property and casualty lines, captive insurance management, claims, contract reviews for a wide range of risks, management of the surety bonding program, certificates of insurance processing, and involvement in projects requiring corporate insurance assistance.
Responsibilities
Collect and organize data for US domestic insurance program renewal submissions and assist in the renewal process as directed. Tasks include renewal application underwriting data preparation, insurance meeting participation, and development of presentations and reports to senior management.
Assist in the overall management of PPL’s corporate insurance programs and any special programs in place for specific business lines.
Support claims management activities such as monitoring status of claims and potential claims for exposure and incurred costs, and processing invoices related to claim payments.
Manage insurance certificates for both PPL and third parties doing business with PPL and its subsidiaries.
Collaborate with all business lines and corporate support groups (including Procurement, Legal, IT) to review and identify risks in various agreements and contracts, and analyze and recommend appropriate insurance requirements for third parties to protect PPL’s interests.
Review quotes, binders and policies upon receipt for accuracy.
Manage the invoice/payment process for all placements, fees and claim billings.
Manage the corporate surety bonding program including new requests, renewal of existing bonds and processing invoices.
Provide mergers and acquisitions (M&A) due diligence and integration support across all insurance programs.
Provide data and risk analysis support for projects as needed.
Qualifications
Bachelor’s degree from an accredited college or university, preferably in Risk Management and Insurance, Mathematics/Statistics, Business Administration or a related field.
Insurance Analyst (2+ years) – experience in Commercial Insurance or Risk Management in a corporate environment, or at a commercial insurance brokerage, broker placement, or client advisory role.
Senior Insurance Analyst (5+ years) – experience in Commercial Insurance or Risk Management in a corporate environment, or at a commercial insurance brokerage, broker placement, or client advisory role.
Demonstrated knowledge of core commercial insurance principles, coverage forms, risk identification and risk assessment.
Detail-oriented with strong organizational skills to maintain data accuracy across multiple activities.
Analytical, able to manage multiple projects independently, adapt to changing priorities, and be proactive.
Excellent written and verbal communication skills with strong presentation abilities.
Strong interpersonal skills to collaborate with colleagues across disciplines; customer-focused and able to develop professional relationships with core brokers and vendors.
Proficient in Microsoft Office (Outlook, Word, Excel, PowerPoint, SharePoint).
Valid driver’s license operable in all 50 states and Canada.
Preferred Qualifications
Completed or pursuing professional insurance designation such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU).
Knowledge or experience in contract reviews to evaluate insurance and indemnification provisions, identify exposures and mitigate insurance-related risks.
Experience within the power/utility/energy industry, renewable energy, or construction industry is a plus.
#J-18808-Ljbffr