Aetna Insurance and Risk Management Associate 43946BR in Hartford, Connecticut

Req ID: 43946BR

POSITION SUMMARY

Work closely with Aetna's businesses to initiate insurance and risk management programs to reduce the financial risk of loss through exposure. Responsible for identification, implementation of loss control programs and overseeing insurance program placements.

FUNDAMENTAL COMPONENTS:

-Reports to Director of Risk Management.

-Understand the business's operations to provide technical advice and information on exposure

trends, loss exposures, insurance programs available and risk management services for the industry.

-Utilize reports compiled on health care related claims and lawsuits to set up cost effective

risk management methods to protect corporate and business assets and minimize exposures to loss.

-Prepare underwriting submissions and analyze associated risk to drive loss control programs for

reduction of such risk.

-Work with claims administrators to negotiate and monitor claim settlements to expediently

maximize recovery on first party losses and minimize third party payments on third party losses.

-Review lease agreements, management agreements, vendor contracts and policies and procedures to

identify risks and provide recommendations for minimizing exposures to losses.

-Assist management in administering an equitable allocation program for risk financing expenses

to businesses and affiliates for budgeting and loss control purposes.

-Identify options and provide recommendations for the design and development of risk management

information system (RMIS); develop and update appropriate data bases for exposure data and losses;

provide management information reports to assist unit in loss control efforts and claim

administration as well as individual claim reserving.

BACKGROUND/EXPERIENCE desired:

-Bachelors degree in risk management, finance or business related field

-2-5 years experience in risk management or related insurance/loss control function ARM, CPCU, CIC or other professional Insurance designation

-Demonstrated proficiency in Microsoft Office products: Excel/Access/ Power Point

EDUCATION

The highest level of education desired for candidates in this position is a Bachelor's degree or equivalent experience.

LICENSES AND CERTIFICATIONS (preferred)

Risk Management/Associate in Risk Management (ARM) is desired

Risk Management/Certified Risk Manager (CRM) is desired

Insurance/Certified Insurance Counselor (CIC) is desired

FUNCTIONAL EXPERIENCES

Functional - Risk Management/Insurance, finance and loss control/2-5 Years

Functional - Risk Management/Corporate risk/2-5 Years

Functional - General Management/Data analysis & interpretation/2-5 Years

Functional - Administration / Operations/Budget coordinator/1-3 Years

TECHNOLOGY EXPERIENCES

Technical - Desktop Tools/Microsoft PowerPoint/Excel/2-5 Years/End User

REQUIRED SKILLS

Finance/Managing Aetnas Risk/ADVANCED

Leadership/Collaborating for Results/FOUNDATION

Service/Providing Solutions to Constituent Needs/ADVANCED

DESIRED SKILLS

General Business/Demonstrating Business and Industry Acumen/FOUNDATION

General Business/Turning Data into Information/ADVANCED

Sales/Negotiating collaboratively/FOUNDATION

ADDITIONAL JOB INFORMATION

Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare for America and across the globe. We are developing solutions to improve the quality and affordability of healthcare. What we do will benefit generations to come.

We care about each other, our customers and our communities. We are inspired to make a difference, and we are committed to integrity and excellence.

Together we will empower people to live healthier lives.

Aetna is an equal opportunity & affirmative action employer. All qualified applicants will receive consideration for employment regardless of personal characteristics or status. We take affirmative action to recruit, select and develop women, people of color, veterans and individuals with disabilities.

We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard.

Benefit eligibility may vary by position. Click here to review the benefits associated with this position.

Aetna takes our candidate's data privacy seriously. At no time will any Aetna recruiter or employee request any financial or personal information (Social Security Number, Credit card information for direct deposit, etc.) from you via e-mail. Any requests for information will be discussed prior and will be conducted through a secure website provided by the recruiter. Should you be asked for such information, please notify us immediately.

Job Function: Risk Management