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Northrop Grumman · 4 weeks ago

Principal Risk Management Analyst

McLean, VA

Full-time

Onsite

Senior Level, Lead/Staff

$91K/yr - $137K/yr

5+ years exp

Northrop Grumman is seeking a motivated Risk Management Analyst to join our Corporate Risk Management team. This position serves as the primary risk management partner for the Defense Systems Sector, focusing on implementing insurance programs, managing claims, and developing risk control programs.

AerospaceData IntegrationManufacturingRemote SensingSecurity

Growth Opportunities

Responsibilities

Serve as the primary point of contact for DS Sector regarding insurance and risk management

Build relationships with DS leadership and functional partners to support business objectives

Implement and administer insurance programs for the DS Sector

Analyze and identify potential loss areas, determining appropriate insurance coverage and loss protection strategies

Manage insurance claims, monitor progress, and assist with claim adjustments

Develop and coordinate risk control programs to prevent losses and reduce premiums

Identify and assess risks related to new business opportunities and developments

Provide advice on contract and subcontract agreements, reviewing subcontracts for appropriate insurance content

Gather data on property, aviation, and other exposures to support insurance policy renewals

Process certificates of insurance and coordinate with accounting and compliance departments

Collaborate with Environmental, Health & Safety and Facilities teams for loss prevention efforts

Support the crisis management team and participate in multiple lines of insurance support

Assist in preparing applications and underwriting submissions for major insurance lines

Prepare reports for management and support directors in meetings with carriers

Review policies for compliance with negotiated terms and prepare insurance summaries for business units

Qualification

Corporate Risk ManagementInsurance BrokerageInsurance CarrierARM CertificationCPCU CertificationAerospace & DefenseRMIS SystemsMicrosoft Office Suite

Required

Bachelor's degree with 5 years of relevant experience in one or more of the disciplines below: Corporate Risk Management, Insurance Brokerage, Insurance Carrier, Insurance related company (i.e. Third-Party Administrator, InsureTech, Risk Engineering Service Provider)

Proficiency in Microsoft Office Suite