Risk Analyst

Risk Analyst 2.0 2.0 out of 5 stars Los Angeles, CA 90010 $65,000

• $75,000 a year Knight Management Insurance Services LLC 2 reviews $65,000
• $75,000 a year Los Angeles, CA | On-site | Risk & Data Risk Analyst
• Data and Analytics (Insurance)

Pay Range:

$65,000

• 75,000 Per Year.

The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable. About Knight Insurance Group Knight Insurance Group is a privately-owned property & casualty Insurance company with total assets of over $1.7 billion. Part of our mission is to encourage creativity at all levels and embrace new technology. We strive to provide dependable insurance solutions through our commitment to innovation, technology, and efficiency. What's the role? Knight Insurance Group is a leading insurance carrier seeking a Risk Analyst to join our team in Los Angeles. The Risk & Data team are looking for an individual who demonstrates attention to detail to evaluate risk, estimate losses and assist in quantitative review of Knight's rates across various programs. The individual should be self-motivated, organized and have great quantitative skills. The candidate will need to understand various actuarial methods to estimate loss and be able to use industry data to make projections on lifetime loss. The Risk Analyst will report to the VP of Risk. What is it like being part of operations team? The Risk & Data team conducts complex analyses of insurance industry data to identify trends, patterns, and insights. The team often meets to discuss questions or concerns in order to meet objectives and accomplish tasks/projects. What you'll do as a Risk Analyst? Studying statistical data for the purpose of creating an analysis Creating estimates of probability and likely costs for a given event such as death, natural disaster, or sickness. Calculating how insurance policies for different types of coverage are likely to pay out Generating charts and presenting them at meetings along with explaining the information Analyzing reports to determine next steps for the company or client Preparing actuarial proposals for management and business partners Developing recommendation on rates and rating plan to satisfy financial objectives of the organization Review pricing algorithms, understand key underwriting metrics, engage with, identify with the risk team and external actuaries to assist in quantifying Knight's reserve adequacy. Qualifications What we look for in our Risk Analyst? Bachelor's degree in mathematics, actuarial science, statistics, or some other analytical field. Prior experience in insurance preferred Knowledge of statistics, probability, and calculus Strong written and verbal communication skills to clearly relay information to other employees at the company or the client Analytical skills to determine specifics of insurance policies and avoid any errors that would lead to negative consequences Experience with computers and statistical modeling software Knowledge of business and financial concepts Organizational skills to keep track of multiple projects or cases at a time Benefits What do we offer? Medical, Dental, and Vision benefits. Supplemental life insurance policies for you and your dependents Long term disability insurance Flexible Spending Account (FSA) Employer paid life insurance Retirement plans: Employer match, 401(k) and Employee Stock Ownership Plan (ESOP) Metro-link Reimbursement Career Path Opportunities Onsite Gym with group Yoga and Pilates; classes UKG Wallet (access to your pay before payday) Tickets at Work

• Discounts on parks, museums, movie tickets and much more AT&T Wireless Discounts Midway Rent a Car
• Rental car Discounts Dell Member Purchase Program Acknowledgement We are an equal opportunity employer and do not unlawfully discriminate in employment.

No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative.