Risk Management and Insurance Analyst
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Who are we?
Equinix is the world's digital infrastructure company®, operating over 250 data centers across the globe. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
A career at Equinix means you will collaborate on work that impacts the world and be surrounded by endless opportunities to learn new skills and grow in varied directions. We embrace diversity in thought and contribution and are committed to providing an equitable work environment that is foundational to our core values as a company and is vital to our success.
Risk Management and Insurance AnalystJob Summary
As part of the Equinix Global Risk and Security organization, which also includes Business Continuity and Corporate Security, Risk Management is a small team with a global reach responsible for managing the company's global property and liability insurance programs.
The Risk Management and Insurance Analyst provides a core support function for development, maintenance, and placement of global insurance programs. Responsibilities include research, gathering relevant information and analyzing data to identify issues and propose solutions.
Responsibilities
Risk Transfer and Analysis
Manage process and information flow across multiple functions globally for insurance renewals and internal and external audit requests
Evaluate systems to streamline data collection and identify process improvement opportunities
Assist with the research and evaluation of insurance coverage and risk transfer matters
Coordinate with insurers and brokers on insurance due diligence for mergers and acquisitions
Process certificate of insurance requests
Contract Review
Support the development and implementation of Equinix standard contract language for supplier contracts and construction agreements
Assist with review of insurance clauses for supplier contracts to ensure the transfer of risk based on exposure
Help foster better understanding of risk management and contractual insurance requirements through development of training and awareness campaigns
Accounting/Budget
Manage supplier set up, PO creation and invoice processing in global payment system
Reconcile broker premium invoices against bound policies, process invoices and maintain regular payment tracking
Reconcile department monthly insurance accounts
Department Communication & Planning
Assist with development and maintenance of all components of department intranet website, including enhanced self-service capabilities
Maintain updates to Risk Management manuals and information used in quarterly reports
Provide support and guidance to internal stakeholders related to insurance matters
Become SME for any department technology tools implemented to compile renewal and claims data as well as associated reporting
Claims Management
Collaborate with internal and external stakeholders (e.g brokers and insurance adjusters) on the reporting and tracking of global claims data
Create quarterly/annual claims reports and analyze data for trends and mitigation opportunities
Organize annual and quarterly reviews with brokers and/or insurance carriers to analyze claims and insurance issues as needed
Qualifications
Bachelor's degree required, preferably in Risk Management, Finance, or equivalent field of study
2-5 years of working experience with an insurance broker, insurer or risk management department, including related internships
A strong technical understanding of liability insurance with experience negotiating best terms and conditions in third party contractual insurance requirements
Excellent written and verbal communication, analytical and interpersonal skills, precise attention to detail and strong commitment to meeting deadlines in a fast-paced work environment
Superior systems capabilities including Microsoft Office Suite (Word, Excel, PowerPoint, Teams, OneDrive), Sharepoint, and Smartsheets
Experience in construction or real estate risk management encouraged
Fluency in additional languages encouraged
Equinix is an Equal Employment Opportunity and, in the U.S., an Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law.
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