
Analyst, Insurance And Risk Management
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Overview
Job Description
Position Overview: NYCEDC is seeking an Analyst, Insurance & Risk Management, to support the Vice President in identifying, analyzing, and mitigating risk across NYCEDC's operations, assets, programs, and projects. This role will work closely with the VP, to assist NYCEDC Project Managers, Asset Management, Legal, Accounting, and external insurance partners in supporting insurance renewals, claims administration, contract reviews, risk documentation, and day-to-day operational needs. The ideal candidate is highly detail-oriented, analytical, collaborative, and comfortable supporting multiple priorities in a dynamic environment.
Essential Duties and Responsibilities:
- Coordinate with NYCEDC's Asset Management team and Project Managers to gather property, occupancy, construction, protection, exposure, address, and total insured value information
- Maintain schedules of values and related insurance budget and allocation information by asset
- Prepare, update, and review insurance renewal submissions for all lines of business and new policy placements prior to VP review
- Review insurance quotes, binders, policies, and endorsements for accuracy and completeness
- Collect, review, and submit documentation to support property-related loss claims that exceed the deductible
- Coordinate risk engineering and loss prevention site visits with internal stakeholders and external partners
- Support administrative requirements related to NYCEDC's captive insurer, City Lights Insurance Company
- Process payment requests, signoffs, and supporting documentation related to insurance renewals, policy changes, and captive insurer activities
- Attend industry conferences, seminars, and events, as recommended and as work responsibilities permit
- Work directly with insurance brokers to request certificates of insurance, auto ID cards, and other insurance documentation needed to support NYCEDC operations
- Other duties as assigned
Qualifications:
- Bachelor's degree or equivalent experience required; coursework or concentration in Risk Management, Insurance, Finance, Business, or a related field preferred
- At least 2 years of relevant experience in commercial insurance, brokerage, risk management, claims, real estate, construction, or a related field preferred
- Demonstrated accuracy and thoroughness in analytical work, document review and problem resolution
- Demonstrated verbal and written communication skills, with experience collaborating with internal and external stakeholders
- Ability to manage multiple priorities, meet deadlines, and collaborate effectively in a cross-departmental, team-oriented environment
- Proficiency with Microsoft Office required, with intermediate-to-advanced Excel and PowerPoint skills preferred
- Ability to learn and use systems, databases, and tools that support insurance and risk management functions
- Process-oriented mindset with a focus on accuracy, efficiency, and continuous improvement
- New York City residency is required within 180 days of hire
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