Corporate Insurance Analyst

The Corporate Insurance Analyst will support the Paychex's corporate insurance program. The successful candidate will assist in the process of identifying, measuring, and managing insurable risks, developing reports and plans, analyzing risk/insurance problems in the review of potential vendor contracts. The successful candidate will collaborate with various business units including Legal, Supply Chain Management, PD&IT, HR, Enterprise Security, Business Ops, Enterprise Risk, Finance, Facilities, and other functions at the Paychex corporate, and operating company levels. This person is expected to exhibit insurance technical acumen and the ability to work closely with the Senior Corporate Insurance Analyst to address the corporate insurance issues facing Paychex. They will work closely with brokers, colleagues and sometimes insurance carriers to support Paychex's corporate insurance contractual risk transfer, loss mitigation, certificate of insurance administration and claims management processes. They must be a self-starter who advances process improvements and exercises sound risk management judgment.

• Conduct the internal and external assessment and negotiation of the insurance requirements for vendor contracts
• Participate in the review, design, implementation, and management of Paychex’s corporate insurance programs
• Support the claims reporting process, in conjunction with Legal, and help facilitate loss prevention initiatives and resources throughout the organization
• Facilitate third party relationships with Insurance Broker, Insurance Carriers and other key program supporters
• Participate in the insurance premium renewal forecast process to assist FP&A with the annual corporate budget
• Interface with Captive Insurance Manager and Actuarial entity and provide regulatory reporting required
• Assist the Corporate Insurance team with driving internal insurance communications strategies

• Bachelor's Degree in Accounting, Finance or Business - Required
• Insurance and/or Risk Management Certifications - Preferred
• 2 years experience reviewing vendor contracts for appropriate insurance coverage - Required.