Job Opportunities

Insurance Risk Management Analyst

Job Description:

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a diversity of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role

As an Insurance Risk Management Analyst you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by:

  • Compiling and analyzing renewal and claims data to support insurance placements
  • Performing data and risk analysis
  • Reviewing quotes, binders and policies for accuracy
  • Managing the invoice payment process for all placements, fees and claim billings
  • Managing the corporate surety program
  • Managing the timely issuance of insurance certificates and auto ID cards
  • Preparing data for insurance company audits
  • Managing corporate insurance record retention
  • Maintaining corporate schedule of insurance

Your Skills and Expertise 

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

  • Bachelor’s degree or higher (completed and verified prior to start)
  • Two (2) combined years of insurance and/or risk management experience in a private, public, government or military environment 

Additional qualifications that could help you succeed even further in this role include:

  • Insurance designations: Chartered Property/Casualty Underwriter (CPCU) and Associate in Risk Management (ARM)
  • Skills include:
    • Effective time management skills and the ability to manage multiple tasks with changing priorities/assignments
    • Strong problem solving and analytical skills, including the ability to analyze complex data sets
    • Applies analytical, critical thinking skills to understand and organize complex projects
    • Excellent verbal and written communication skills
    • Highly adaptable to situational and organizational changes
    • Detail oriented, with a strong sense of follow-up and completion
    • Ability to work independently and be a self-starter
    • Experience with RMIS

#LI-hybrid

Work location: Hybrid Eligible (Job Duties allow for some remote work but require travel to Maplewood at least 1 day every 2 weeks)

Relocation Assistance: Not authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope. 

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting

Applicable to US Applicants Only:The expected compensation range for this position is $79,971 - $97,742, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Click here for more info and to apply.

Director - Risk Management - Metropolitan Council, St Paul, MN

WHO WE ARE
This position is eligible for a hybrid (both remote and onsite) telework arrangement. Candidate's permanent residence must be in Minnesota or Wisconsin. 

We are the Metropolitan Council, the regional government for the seven-county Twin Cities metropolitan area. We plan 30 years ahead for the future of the metropolitan area and provide regional transportation, wastewater, and housing services. More information about us on our website. 
 
We are committed to supporting a diverse workforce that reflects the communities we serve. 

Risk Management is responsible for identifying and evaluating the Council's exposure to loss through risk control and risk financing methods. The department develops, recommends, and implements appropriate risk management strategies and programs to protect the agency from the adverse impact of loss. It also self-administers all auto liability and workers' compensation claims.  

How your work would contribute to our organization and the Twin Cities region:

The Director - Risk Management develops, implements, and manages a Council-wide risk management program that facilitates the Council's business objectives with minimal exposure to risk.

What you would do in this job
Develop strategies, processes, controls, and measures for the Council’s operational risk management program.
Negotiate contracts to include risk transfer language that can be quantified and financed (e.g., insurance, self-insurance, etc.) on a long-term basis, contributing to the ongoing operational success of the project.
Working with Executive Management and other stakeholders, identify parameters for risk retention that are easily understood and measured.
Develop process with business units that coordinates adherence to risk parameters and operations.
Provide ongoing analysis of emerging risks and develop strategies to manage such risks.
Develop, implement, and monitor ongoing risk management effectiveness (Key Performance Indicators) on a Council-wide and divisional basis.  
Develop a long-term risk management plan for the construction and operations of Council projects (e.g., transit, ES expansion).
Collaborate with others to develop and implement a risk management program that provides appropriate risk mitigation for stakeholders.
Develop department goals for claim management and risk management, providing clear direction to claim supervisors/managers.
Direct Risk department in its claim handling procedures that align with Council objectives.
Develop risk transfer language (insurance/indemnification) to be used as a template for contracts. Periodically adjust language based on statutory or industry changes.
Negotiate terms with third parties to ensure Council's risk assumption is consistent with risk appetite and risk parameters.
Work with project managers and key contracting departments to provide ongoing training to assist in identifying risks during the planning phase of a contract, allowing for timely incorporation of appropriate risk management measures (e.g., risk transfer language).
Participate in all aspects (coverage, rate, terms & conditions) of the Council's property program, working directly with underwriters.
Present, market, and negotiate Rail Liability policies directly to underwriters, leveraging knowledge of rail contracts, operations, safety, and claim management, to obtain insurance that provides appropriate coverage at the most competitive rate.
Direct insurance broker in the marketing and placement of other Council insurance policies (e.g., crime, police professional, cyber, liability, rolling stock, etc.), balancing premium, coverage, and contract compliance. 
What education and experience are required for this job (minimum qualifications)
A Bachelor's degree in risk management, business, finance or closely related field AND nine or more years of progressive experience in risk management or claim management including five or more years of progressive supervisory or management experience

OR
A Master's degree in risk management, business, finance or closely related field AND seven or more years of progressive experience in risk management or claim management including five or more years of progressive supervisory or management experience

What additional skills and experience would be helpful in this job (desired qualifications):
Experience working in a self-insured and self-administered environment
Industry designation/certification (e.g., ARM, CRM, etc.)
Experience promoting an equitable, positive, and respectful work environment that values culture and diversity among all employees
What knowledge, skills and abilities you should have within the first six months on the job:
Knowledge of risk management.
Knowledge of insurance policy coverages, ISO and non-standard.
Knowledge of statutory provisions related to insurance, indemnification, and public entity immunities/liabilities.
Knowledge of claim statutes and rules, both workers' compensation, liability, and general claim practices.
Microsoft Office skills, particularly Excel.
Skills in Risk Management Information System (RMIS).
Strong interpersonal skills.
Ability to lead a group to achieve a common goal.
Ability to manage a group with differing opinions.
What you can expect from us:
We offer the opportunity to make a difference and positively influence the Twin Cities metropolitan area. 
We encourage our employees to develop their skills through on-site training and tuition reimbursement. 
We provide a competitive salary, excellent benefits and a good work/life balance.

Click here for more information and to apply.

Senior Claims Analyst
Full time

Employer - Best Buy - Richfield, MN

Job Description

As a Senior Claims Analyst, you’ll play a key role in supporting Best Buy’s Auto and General Liability claims program to ensure positive outcomes. You’ll have ownership of day-to-day operational claim management processes, both internally and through our third-party claim administrator. You’ll also act as a liaison between enterprise business partners and Best Buy’s claim administrator.

This role is hybrid, which means you will work some days on site at a Best Buy location and some days virtually from home or other non-Best Buy location. The specific work arrangements vary by role and team. The recruiter or hiring manager will provide more details during the hiring process.
 
What you’ll do

Provide operational oversight and support of the Auto and General Liability claims program. Participates in claim program development, strategic planning, and process improvement
Provide technical guidance to internal partners and our claims administrator on the management and resolution of claims. Provide oversight to outside counsel, including administrative support of insurable litigation discovery process
Engage in the development of key performance metrics of the liability claim program and monitor those metrics to ensure that deliverables are being met
Provide oversight of and relationship management with claim service providers and support the actuarial assessment process for the casualty program and our captive insurer
Analyze loss data to identify trends and opportunities for loss control. Collaborate with cross-functional business partners to implement processes that reduce loss frequency and severity
Partner with the broader enterprise insurance risk team to support the design and management of our casualty insurance program. Keep informed on risk trends and laws related to the administration of casualty claims 
Basic qualifications 
3 years of liability claims or corporate risk management experience 
Preferred qualifications 
Insurance or claims related professional certifications (AIC, ARM)
Knowledge of insurance coverage terms, industry regulations and best practices 
Experience handling or overseeing litigated liability claims.
Intermediate proficiency in working with Excel and Microsoft Office products
Strong analytical, problem solving and negotiation capabilities
Excellent written and verbal communication skills
What’s in it for you
 
We’re committed to helping our people thrive at work and at home. We offer generous benefits that address your total well-being and provide support as you need it, especially key moments in your life.
 
Our benefits include:
Competitive pay
Generous employee discount
Financial savings and retirement resources
Support for your physical and mental well-being 
About us
 
As part of the Best Buy team, you’ll help us fulfill our purpose to enrich lives through technology. We bring that to life every day by humanizing and personalizing tech solutions for every stage of life — in our stores, online and in customers’ homes.
 
Our culture is built on deeply supporting and valuing our amazing employees who make it all possible. We’re committed to being a great place to work, where you can unlock unique career possibilities. Above all, we aim to provide a place where you can bring your full, authentic self to work now and into the future. Tomorrow works here.™

Click here for more info and to apply