Northrop Grumman

Principal Risk Management Analyst

Northrop Grumman

full-time

Posted on:

Origin:  • 🇺🇸 United States • Virginia

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Salary

💰 $91,200 - $136,800 per year

Job Level

Lead

About the role

  • 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.
  • Report to the Senior Property & Casualty Insurance Manager and serve as the primary risk management partner for the Defense Systems (DS) Sector.

Requirements

  • Bachelor’s degree with 5 years of relevant experience in Insurance, Risk Management related field.
  • Proficiency in Microsoft Office Suite.
  • Ability to work in a team environment.
  • ARM and/or CPCU Certifications (preferred).
  • Experience in brokerage, underwriting, or claims adjusting (preferred).
  • Background in aerospace or government contracting (preferred).
  • Familiarity with RMIS systems (preferred).
  • Bachelor's degree in Insurance, Risk Management, Finance, or a related field (preferred).
  • Basic understanding of insurance and finance operations (preferred).
  • TRAVEL: Yes, 10% of the Time.
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