Senior Technical Risk Analyst (Insurance)

Overview

Navy Federal Credit Union is seeking a highly analytical and detail-oriented Senior Technical Analyst to support the management of enterprise-wide commercial insurance programs and related risk management initiatives for financial services. This position plays a key role in evaluating insurable exposures, optimizing insurance program structures, and leveraging data to inform risk financing strategies. The ideal candidate will bring knowledge of (professional liability, auto, property, cyber, etc.) insurance, strong data analysis skills, and a collaborative mindset to help safeguard the organization's assets and operations.

The Sr. Technical Risk Analyst supports business units for on-time renewal of insurance policies, an understanding of credit union requirements, and serving as a trusted advisor on loss exposure and risk transfer. Responsible for understanding the overall insurance landscape, and ability to analyze data, to ensure appropriate coverage limits, requirements, and exclusions. Ensures that the organization adheres to industry standards and regulatory requirements. An ability to work under minimal supervision in a timely manner to meet all renewal deadlines, proper approvals, and leveraging lean ways of working.

This position is eligible for the TalentQuest employee referral program. If an employee referred you for this job, please apply using the system-generated link that was sent to you.

Responsibilities

• Coordinate multiple, concurrent insurance renewals across the entirety of Navy Federal Credit Union
• Meet all deadlines for insurance renewals and approvals as planned
• Oversee relevant claims processing and be able to assess and convey material losses to support coverage decision-making
• Leverage multiple measures of data to inform decision-making in collaboration with department analytics team to calibrate coverage to organizational posture
• Communicate enterprise risk factors and losses to enable effective underwriting operations and decisions
• Collaborate with business units in identifying options for risk mitigation based on their dynamic priorities for risk transfer strategy
• Identify key inputs, monitor trends and leading indicators, and analyze data as you lead concurrent insurance policies through renewal
• Educate stakeholders about insurance and determine areas that would benefit from the use of insurance as a risk mitigation approach and in alignment with NFCU strategy
• Evaluate insurance coverages for program efficacy. Identify opportunities to improve insurance program efficiency, processes, and reporting of value delivery
• Maintain project artifacts to track, monitor, present, train, and report on for business and audit purposes
• Promote a culture of security through risk awareness, insurance products, and proactive risk management throughout the organization
• Use lean and agile methods to maintain timely portfolio updates and in accordance with regulatory and industry standards

Qualifications

• Bachelor's degree (or higher) in Business Administration, Information Technology, or a related field or equivalent combination of training, education and experience
• Minimum of 5-7 years (or more) hands-on experience in risk management and insurance such as underwriting, pricing, and portfolio management
• Expertise across insurance lines including Professional Liability, Directors and Officers, Property, General Liability, Auto, etc. to serve enterprise-wide stakeholders
• Ability to explain how different insurance policies interact and enhance risk transfer strategy
• Identify key inputs, monitor trends and leading indicators, and analyze data as you lead concurrent insurance renewals and acquisitions
• Advising and consultation experience for commercial insurance in a complex governance organization
• Excellent analytical, problem-solving, risk management, and decision-making skills
• Strong interpersonal and communication skills, with the ability to convey complex risk concepts to non-technical stakeholders

Desired Qualifications

• Degree in related field or equivalent combination of training, education and experience.
• Financial services experience preferred
• Relevant certifications (e.g., Chartered Property and Casualty Underwriter - CPCU; Certified Risk Manager - RIMS-CRMP; Associate or Fellow designation - Life Management Institute; Lean Six Sigma)

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 820 Follin Lane, Vienna, VA 22180 | 5510 Heritage Oaks Drive, Pensacola, FL 32526 | 141 Security Drive, Winchester, VA 22602 | Remote

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