Cognizant · 1 day ago
Insurance Risk Analyst
Dallas, TX
Full-time
Hybrid
Entry, Mid Level
2+ years expCognizant Corporate is a global community committed to making a meaningful impact through collaboration and innovation. They are seeking an Insurance Risk Analyst to support risk management functions, including claims management and insurance renewal processes, while also engaging in various administrative and project-related duties.
ConsultingIndustrial AutomationInformation TechnologySoftwareSoftware Engineering
Responsibilities
Assist corporate insurance manager with the efficient placement of corporate property and casualty insurance on a global and local country basis covering CTS’s assets, operations and liabilities by:
Data Gathering and application completion for renewal
Work with various stakeholder to obtain data relevant for insurance renewals
Complete applications for insurers
Working with manager and brokers to design coverages to best protect Cognizant
Participate in underwriter meetings to negotiate terms and conditions of insurance
Coordinating such coverages between CTS entities, brokers and insurers around the world
Manage certain claims arising under these policies by:
Working with internal stakeholders (finance, tax, legal, etc.) to determine losses and/exposures to loss
Engaging with outside counsel when coverage issues arise
Negotiating the most favorable outcome for recovery and/or protection under the insurance
Perform various administrative tasks associated with insurance, including:
Global contract review around insurance terms and conditions and interfacing with clients, as needed to negotiate such T&C’s – large part of job
Insurance certificate production to support our contractual obligations – large part of job
Invoice processing
Workers’ compensation payroll reporting (mono-states, Canadian provinces, etc.)
Others, as needed
Assist in M&A due diligence around insurance by:
Extracting and reviewing Seller’s insurance programs
Work with Seller and Seller’s insurance broker to migrate insurance to CTS programs
Assist with integration and training of Seller on CTS procedures around insurance
Other projects and duties as necessary
Gather exposure data for renewals and reporting
Deriving risk information from large amounts of data and developing clever ways to present charts and graphs that tell a good story
Audit data collection and review
Coordinate renewal application completion with other departments
Coordinate Monopolistic State renewals
Coordinate certificates of insurance
Manage a variety of claims, including workers’ compensation, auto and general liability, employment practices, professional liability, etc
Negotiate with adjusters
Manage any large deductible/SIR claims
Conduct root-cause investigations
Manage invoice processing & tracking
Use Risk Management Information Systems (RMIS) to record, store and analyze incident and claims data o
Coordinate monthly and quarterly internal report delivery
Perform trending, analysis and benchmarking for projects
Maintain monthly dashboard reporting
Review contractual provisions around insurance, indemnification, safety and other areas to support legal and business team needs
Listening to, educating and influencing cross-functional stakeholders in risk mitigation techniques to identify, analyze and prioritize risks and exposures to loss
Produce periodic risk metric communications
PowerPoint presentations (putting info together in PPT format)
Manage/update risk intranet
Coordinate and manage surety program
Assist in the Crisis Management and Business Continuity/Disaster Recovery processes as a representative of the Insurance function
Participate in M&A transactions from an insurance and risk management standpoint
Qualification
Required
Bachelor's degree in risk management, finance, business or a related area or equivalent experience
Two plus years of related experience in risk management and/or appropriate insurance related field, such as: claims, safety/loss control, underwriting, etc., in a large complex organization
Excellent verbal and written communication skills
Strong ability with MS Office applications
Strong understanding of contracts, insurance policies and other written communications
Robust relationship and communication abilities to effectively interact with clients, subcontractors, associates and other stakeholders
Solid organization and detail orientation with the ability to multi-task and prioritize workload
Ability to execute with a high level of independence in a fast-paced environment
Strong project management abilities
Curiosity! The desire to learn new and complex topics
Preferred
CPCU, ARM, AIC, CIC, CRM and/or other insurance professional designations are a plus
Benefits
Hybrid work
Various wellbeing programs
Company
Cognizant
Cognizant is a professional services company that helps clients alter their business, operating, and technology models for the digital era.
10001+ employees
H1B Sponsorship
Cognizant has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (11113)
2024 (11423)
2023 (13054)
2022 (13876)
2021 (12651)
2020 (28659)
Funding
Current Stage
Public CompanyTotal Funding
$0.24MKey Investors
Summit Financial Wealth Advisors
2025-03-08Post Ipo Equity
2016-11-18Post Ipo Equity· $0.24M
1998-06-19IPO
Leadership Team
Ravi Kumar S
Chief Executive Officer
Anil Cheriyan
CTO / EVP Strategy & Technology
Recent News
2026-01-03
2026-01-03
2026-01-03
Company data provided by crunchbase