Senior Insurance Analyst
Medtronic
Summary
The Risk Management team supports Medtronic's global business operations by ensuring compliance with insurance requirements and managing corporate insurance programs. This position is based in Fridley, Minnesota and follows onsite work arrangement. Travel is minimal and expected to be less than 10%.
Job description
A Day in the Life
The Risk Management team supports Medtronic's global business operations by ensuring compliance with insurance requirements and managing corporate insurance programs. This position is based in Fridley, Minnesota and follows onsite work arrangement. Travel is minimal and expected to be less than 10%.
The Senior Insurance Analyst is an integral member of the Risk Management team and helps manage the global property and casualty insurance programs. This role requires working knowledge of insurance and closely collaborates with a variety of stakeholders, including with employees, external parties, and customers.
Primary Responsibilities
- Support the collection, validation, and preparation of submission data for global casualty, property, and other corporate insurance programs.
- Review insurance policies and endorsements to verify accuracy and completeness.
- Administer certificate of insurance and automobile identification card requests.
- Assist with workers' compensation reporting requirements for monopolistic and self-insured states.
- Respond to inquiries regarding insurance programs and policies.
- Review contract insurance provisions to verify alignment with the global insurance programs.
- Maintain insurance policies, submissions, records, and related documentation.
- Maintain and update the internal SharePoint Insurance site.
- Support merger and acquisition due diligence activity and insurance integration efforts.
Required Qualifications
- Bachelor's degree with 4+ years of insurance, risk management, finance, legal, compliance, or related business experience OR advanced degree with 2+ years of related experience.
- Proficiency with Microsoft Office applications, including Excel.
Preferred Qualifications
- Experience supporting property, casualty, workers' compensation, or other corporate insurance programs.
- Advanced Microsoft Excel skills for data analysis, reporting, and insurance program support.
- Experience supporting merger and acquisition due diligence and integration activities.
Requirements
- Bachelor's degree with 4+ years of insurance, risk management, finance, legal, compliance, or related business experience OR advanced degree with 2+ years of related experience
- Proficiency with Microsoft Office applications, including Excel
- For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required
Benefits
- Health, Dental & Vision Insurance
- Health Savings Account
- Healthcare Flexible Spending Account
- Life Insurance
- Long-term Disability Leave
- Dependent Daycare Spending Account
- Tuition Assistance
- 401(k) Matching
- Paid Time Off
- Paid Holidays
- Employee Stock Purchase Plan
- Employee Assistance Program
- Short-term Disability
- Incentive Plans
Company overview
Medtronic is a global healthcare technology leader and one of the world's largest medical device companies, founded in 1949 in Minneapolis, Minnesota. The company operates in over 150 countries and employs more than 90,000 people worldwide. Medtronic's mission is to alleviate pain, restore health, and extend life through innovative medical technologies. The company develops and manufactures devices and therapies to treat more than 70 health conditions, including cardiac devices, cranial and spine robotics, insulin pumps, surgical tools, patient monitoring systems, and more. With a rich history that began with the invention of the battery-powered pacemaker, Medtronic has grown into a diversified healthcare technology company with four main business units: Minimally Invasive Therapies Group, Diabetes Group, Restorative Therapies Group, and Cardiac and Vascular Group. The company's therapies help approximately 72 million people annually and represent a significant force in advancing medical technology to address some of humanity's most challenging health problems.