Insurance Analyst II
Fresenius Medical Care
Summary
The Insurance Analyst II provides support to manage and mitigate the company's exposure to general and/or professional liability claims in support of the assigned function(s). The incumbent is responsible for evaluating and resolving general insurance claims in conjunction with the company's contractual insurance obligations. The Insurance Analyst II assists in the identification and implementation processes of diverse insurance coverage for the assigned business unit(s).
Job description
Purpose and Scope
The Insurance Analyst II provides support to manage and mitigate the company's exposure to general and/or professional liability claims in support of the assigned function(s). The incumbent is responsible for evaluating and resolving general insurance claims in conjunction with the company's contractual insurance obligations. The Insurance Analyst II assists in the identification and implementation processes of diverse insurance coverage for the assigned business unit(s).
Principal Duties and Responsibilities
- Utilize applied knowledge of insurance in the facilitation of underwriting processes to support the assigned business unit(s); collaborating with cross-divisional teams as necessary to ensure data accuracy and integrity of compiled information.
- Maintain applicable database within the assigned function(s) in compliance with company policies and procedures, Sarbanes-Oxley Act (SOX) and other regulatory requirements; assisting in the preparation and distribution of requested database reports.
- Review and resolve insurance claims on a routine basis to ensure the risk assessment(s) of the company is accurately reflected.
- Review and reconcile various invoices to ensure accurate payment on a routine basis.
- Conduct data analysis as requested; reporting results to management for review.
- Collaborate with cross-divisional teams to manage leases, agreements and other contracts for the assigned business unit(s); providing recommendations for change as necessary.
- May act as a liaison between cross-divisional teams and vendors to support the ongoing business needs of the assigned business unit(s) as required.
- Mentor other staff as applicable.
- Assist with various projects as assigned by direct supervisor.
Education
Bachelor's Degree required
Experience and Required Skills
- 2 - 5 years' related experience; or an advanced degree without experience; or equivalent directly related work experience.
- Strong computer skills with advanced proficiency in word processing, spreadsheet and email applications.
- Detail oriented with strong analytical and organizational skills.
- Strong time management skills with the ability to multitask concurrent priorities in an organized manner.
- Strong interpersonal skills with the ability to work cohesively within a team environment.
- Strong oral and written communication skills to effectively communicate with all levels of management.
Requirements
- Bachelor's Degree required
- 2 - 5 years' related experience; or an advanced degree without experience; or equivalent directly related work experience
- Strong computer skills with advanced proficiency in word processing, spreadsheet and email applications
- Detail oriented with strong analytical and organizational skills
- Strong time management skills with the ability to multitask concurrent priorities in an organized manner
- Strong interpersonal skills with the ability to work cohesively within a team environment
- Strong oral and written communication skills to effectively communicate with all levels of management
Company overview
Fresenius Medical Care AG & Co. KGaA is the world's leading provider of products and services for individuals with renal diseases, serving as a global healthcare company specializing in kidney dialysis treatment. Founded in 1996 and headquartered in Bad Homburg, Germany with North American operations based in Waltham, Massachusetts, the company operates an extensive network of 4,171 outpatient dialysis centers across approximately 50 countries, serving over 345,000 dialysis patients worldwide. As the clear market leader in dialysis services, Fresenius Medical Care holds a dominant 38% market share of the dialysis market in the United States. The company provides comprehensive renal care solutions including hemodialysis machines, dialyzers, peritoneal dialysis solutions, and related medical devices through its 42 production sites globally. With approximately 128,000 employees, Fresenius Medical Care focuses on improving patients' quality of life through innovative technologies and therapies for end-stage renal disease treatment, offering both in-center and home dialysis options while maintaining a strong commitment to value-based care and patient well-being.