Risk Analyst, Global Risk Management - Arlington - Amazon Services LLC ID-12786

Job Description:

We are seeking a Risk Analyst to assist with the development and management of Amazon's corporate insurance programs. This includes supporting insurance program management, contract review, and implementing risk management tools and techniques for new and existing business initiatives.

The Risk Analyst will manage the insurance programs for some Amazon-owned subsidiaries and coordinate with a network of partners to scale department support globally. The team works closely with operations, finance, and legal teams.

This role reports to a Risk Manager within Treasury and is part of a technical risk team responsible for assessing, mitigating, and managing Amazon's global corporate insurance placement programs.

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Key Responsibilities:

  • Provide risk management consultation and guidance to internal customers
  • Partner with internal stakeholders on insurance program changes, retention, and exposures
  • Assist Risk Manager on collection and review of necessary legal documents and exposure information for insurance placements, renewals, audits, forecasting, and allocation purposes
  • Manage premium invoice payment process and administration brokers and carriers
  • Assist with management of carrier accounts in the vendor management system
  • Identify, communicate, and champion process improvement opportunities
  • Assist Risk Manager with risk assessments and mitigation
  • Utilize the Risk Management Information System (RMIS) to manage exposures and policies
  • Establish data, metrics, and benchmarking through multiple sources to evaluate loss trends and cost of risk to prioritize resources
  • Manage insurance policies and forms, reinsurance contracts, and vendor contracts
  • Conduct contract reviews, confirming insurance provisions comply with Amazon's risk tolerances and insurance programs, providing contract owner with suggested revisions and direct consultation with external partners as needed
  • Provide risk consultation on contractual risk transfer techniques in addition to insurance-specific provisions
  • Manage updates to coverage and contract recommendations on various internal sites

BASIC QUALIFICATIONS:

  • Bachelor's degree or equivalent
  • 1+ years in property and casualty insurance program management and design. Prior experience at a firm's insurance/risk management department, an insurance broker, insurance carrier, or similar roles preferred
  • Demonstrated ability to participate in cross-functional teams, drive strategic initiatives, and deliver measurable results in a fast-paced, data-driven environment
  • Demonstrated ability to translate complex data insights into actionable recommendations for diverse stakeholders

PREFERRED QUALIFICATIONS:

  • 3+ years in property and casualty insurance program management and design. Prior experience at a firm's insurance/risk management department, an insurance broker, insurance carrier, or similar roles preferred
  • Strong track record of execution and impact in an insurance and/or risk-oriented setting
  • Strong analytical, decision-making, project management, planning, and organizational skills
  • Experience within a publicly traded company managing corporate insurance
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