Risk Insurance Analyst
Universal Health Services, King Of Prussia, PA, United States
Responsibilities
(This role has a hybrid schedule with 3 days in office and 2 days flex-remote)
Join a dynamic organization driven by our passion for healthcare. UHS is seeking talented individuals who are eager to contribute their expertise and pursue rewarding careers. As a leader in acute care and behavioral health, UHS provides high-quality care to over 3 million patients annually, across our national network of facilities.
The UHS Corporate Insurance Department is seeking a Risk Insurance Analyst to coordinate, monitor, review for compliance, negotiate, analyze, facilitate procedures, and track insurance requirements for contracts and agreements.
Key Responsibilities Include:
Verifies and approves insurance requirements.
This process includes a strong understanding and strategic review and analysis of the exposures of the specific contract vendor with subsequent decision around the required insurance types of limits.
The process often includes conversations with outside insurance brokers and consultants.
Reviews contracts to assess the need and assure correct additional insureds are listed, coverage limits are correct, endorsements and waivers are included, and any special terms are correctly addressed on the certificate in compliance with the associated agreement.
Includes ongoing negotiations and conversations with leadership in the field and at the vendors' organization.
Communicates and negotiates directly with the hospital facilities, possibly the vendors, and their insurance agents when there are deficiencies to assist them in achieving compliance with requirements.
Includes participation in webinars and conference calls with the field to provide training and support for current and newly hired employees to onboard them, etc.
Obtains necessary data points and performs analytics in support of departmental and corporate initiatives.
Qualifications
Bachelor's degree required a minimum of three years of experience with commercial insurance and risk management industry, either at a carrier, broker, or client.
An understanding of contract terms and conditions.
Customer service oriented.
Proficient in PowerPoint, Word and Excel and industry related software.
Ability to multi-task and handle a high volume of work with deadlines.
Excellent written, communication, organizational, and analytical skills.
This opportunity provides a rewarding career, challenging and rewarding work environment as well as growth and development opportunities within UHS and its subsidiaries, including competitive compensation, excellent Medical, Dental, Vision and Prescription Drug Plan, and 401k with company match.
EEO Statement
All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.
We believe that diversity and inclusion among our teammates is critical to our success.
#J-18808-Ljbffr
(This role has a hybrid schedule with 3 days in office and 2 days flex-remote)
Join a dynamic organization driven by our passion for healthcare. UHS is seeking talented individuals who are eager to contribute their expertise and pursue rewarding careers. As a leader in acute care and behavioral health, UHS provides high-quality care to over 3 million patients annually, across our national network of facilities.
The UHS Corporate Insurance Department is seeking a Risk Insurance Analyst to coordinate, monitor, review for compliance, negotiate, analyze, facilitate procedures, and track insurance requirements for contracts and agreements.
Key Responsibilities Include:
Verifies and approves insurance requirements.
This process includes a strong understanding and strategic review and analysis of the exposures of the specific contract vendor with subsequent decision around the required insurance types of limits.
The process often includes conversations with outside insurance brokers and consultants.
Reviews contracts to assess the need and assure correct additional insureds are listed, coverage limits are correct, endorsements and waivers are included, and any special terms are correctly addressed on the certificate in compliance with the associated agreement.
Includes ongoing negotiations and conversations with leadership in the field and at the vendors' organization.
Communicates and negotiates directly with the hospital facilities, possibly the vendors, and their insurance agents when there are deficiencies to assist them in achieving compliance with requirements.
Includes participation in webinars and conference calls with the field to provide training and support for current and newly hired employees to onboard them, etc.
Obtains necessary data points and performs analytics in support of departmental and corporate initiatives.
Qualifications
Bachelor's degree required a minimum of three years of experience with commercial insurance and risk management industry, either at a carrier, broker, or client.
An understanding of contract terms and conditions.
Customer service oriented.
Proficient in PowerPoint, Word and Excel and industry related software.
Ability to multi-task and handle a high volume of work with deadlines.
Excellent written, communication, organizational, and analytical skills.
This opportunity provides a rewarding career, challenging and rewarding work environment as well as growth and development opportunities within UHS and its subsidiaries, including competitive compensation, excellent Medical, Dental, Vision and Prescription Drug Plan, and 401k with company match.
EEO Statement
All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.
We believe that diversity and inclusion among our teammates is critical to our success.
#J-18808-Ljbffr