Risk & Insurance Analyst at Schnuck Markets

Job description

Job Description JOB SUMMARY The Risk and Insurance Analyst bridges high-level risk strategy and tactical execution by leading enterprise-level claims, overseeing Risk Management Information Systems (RMIS) data platforms, managing day-to-day insurance program requests, and evaluating Total Cost of Risk (TCOR). This role supports Enterprise Risk Management (ERM) programs and serves as a backup leader for the risk management department. Responsibilities cover the grocery banners of Schnuck Markets (including DESCO), Festival Foods, and Hometown Grocers. This role requires 4 days in office for up to 6 months to learn the role and then will be able to shift to 3 days a week in office and 2 days remote. This role is located in St Louis, Missouri. ESSENTIAL JOB RESPONSIBILITIES ● Claims Management & Recovery: Report, track, review, and support the resolution of enterprise-wide insurance claims (Auto, Workers & Compensation, General Liability, Property, Executive/Management Liability, and Cyber) by coordinating directly with TPAs, adjusters, and internal stakeholders. Drive recovery efforts on third-party claims. ● Financial & Invoice Administration: Ensure timely payment and processing of all invoices for vendor services, state assessments, premiums, and claim settlements. ● RMIS & TCOR Data Analytics: Oversee and analyze claims data within RMIS platforms to evaluate TCOR, inform executive reporting, and support actuarial analysis. ● System Administration & Ownership: Serve as the functional product owner for the RMIS (Origami Risk) and carrier platforms, managing system troubleshooting, custom reporting, and workflow optimization. Act as the functional system administrator for risk-focused committees, including the Policies & Procedures Committee, Labeling/Claims Review Team, and Risk Evaluation Team (RET). ● Insurance Program Administration: Manage daily corporate insurance administration, certificates of insurance (COIs), evidence of property (EOP) requests, loss control services, claims, and the annual renewal cycle in partnership with leadership. ● Self-Insurance Compliance: Oversee self-insurance program operations, including state filings, renewal applications, required payments, and audit compliance. ● ERM & Business Continuity: Support the ERM framework, RET meetings and scoring sessions, risk register tracking, and Business Continuity Planning (BCP) across banners. ● Contractual Risk Transfer: Review contracts, purchase orders, vendor agreements, and COI exception requests to ensure adequate risk transfer and compliance with corporate standards. MINIMUM REQUIREMENTS ● Education: Bachelor’s degree in Risk Management, Finance, Business Administration, Actuarial Science, or a related field. ● Experience: 2+ years of experience in corporate risk management, insurance claims handling/management, insurance brokerage, insurance underwriting, or a related field. ● Preferred Experience: Corporate risk management experience within retail or a private company setting. ● Preferred Designations: RIMS-CRMP, ARM (Associate in Risk Management), CPCU, or similar professional designations. REQUIRED KNOWLEDGE, SKILLS, AND ABILITIES Knowledge ● Deep understanding of risk management frameworks, claims management processes, the claims lifecycle, and TCOR concepts. ● Strong knowledge of commercial insurance policy structures, renewals, and self- insurance state compliance requirements. ● Advanced understanding of RMIS systems (e.g., Origami Risk) and data reporting standards. Experience with work management software (e.g., Asana) is preferred. ● Knowledge of risk transfer principles, contract review, and vendor COI requirements. ● Understanding of Business Continuity Planning (BCP) and Incident Management. Skills & Abilities ● Excellent written and verbal communication skills with experience presenting to leadership and external partners. ● Strong technical acumen, with experience leveraging AI and advanced tools to drive workflow efficiency. ● P