Risk Management Insurance Analyst

Extra Space is seeking a detail-oriented Risk Management Insurance Analyst for our Salt Lake City corporate office. The Risk Management team plays a critical role in safeguarding our business by identifying, assessing, and mitigating financial and operational risks. This position provides a unique opportunity to collaborate across departments, contributing to strategic initiatives that strengthen our risk mitigation efforts and improve company profitability.

Key Responsibilities

• Insurance Program Support: Assist with all elements of the corporate and captive insurance programs, including underwriting data management, renewals, claims oversight, billing, and allocation processes.
• Financial and Data Analysis: Conduct in-depth financial analysis to support budgeting, forecasting, and loss allocation efforts, contributing to risk reduction strategies.
• Billing and Invoicing Oversight: Oversee billing and invoicing related to insurance programs, ensuring accuracy and timely payments.
• Risk Database Management: Maintain and update databases with property information essential for insurance renewals, collaborating closely with property management and relevant teams.
• Claims and Loss Analysis: Work with the claims team to manage and process workers' compensation and general liability claims. Analyze claims data regularly to identify trends, develop insights, and propose actionable risk mitigation strategies.
• System Administration: Supervise and enhance the use of the risk management information system (RMIS), ensuring it supports accurate, real-time risk reporting and analysis.
• Compliance: Work with vendors, banks, and other partners in issuing certificates of insurance.

Required Qualifications

• Education: Bachelor’s degree or equivalent experience in insurance or risk management.
• Experience: Background in insurance, risk management, or finance with a focus on data analysis, budgeting, and claims management.
• Technical Skills: Proficiency in Microsoft Excel (intermediate level or higher); familiarity with risk management software or databases is a plus.
• Communication Skills: Strong written and verbal communication skills, with the ability to present complex information clearly and effectively to cross-functional teams.
• Analytical Abilities: Detail-oriented with strong analytical skills to interpret claims data, recognize trends, and propose data-driven risk management solutions.

Why Extra Space?
At Extra Space, we pride ourselves on fostering a collaborative, innovative culture where every team member’s contributions make an impact. This role offers a chance to grow within a supportive environment dedicated to continuous improvement and effective risk management.