The senior insurance analyst develops and manages programs and creates and provides information for use in decision making related to Berkshire Hathaway Energy Company insurance functions and is involved in the development, implementation, coordination, maintenance, communication and reporting of activities of the Berkshire Hathaway Energy insurance organization. This position compiles and reviews insurance-related data and industry information to identify trends, reconcile variances and evaluate and communicate potential impacts on Berkshire Hathaway Energy operations.
Primary Job Duties and Responsibilities (Essential Job Functions)
Receive policy renewal reports from insurance vendors and analyze and prepare renewal recommendations and present for approval to director, corporate insurance and senior management team. Assemble and organize underwriting data requests, complete insurance applications and create underwriter submissions for insurance renewals. Ensure approved coverages are placed. (25%)
Serve as project lead on major insurance projects and initiatives; manage project plans and timelines and oversee external consultants on production, productivity and process improvement implementations. Develop, prepare and analyze insurance and risk data and financial reports for senior management, department managers, brokers and state agencies; process premium invoices and ensure accurate data is provided for tax purposes. (20%)
Develop, analyze, maintain, track and report information using MS Office products. Compile, summarize and trend data from internal and external resources and draw conclusions from analyses for insurance purposes and in response to internal or external data requests. Conduct ad-hoc studies and quantitative analyses as required. (15%)
Manage the process for investigating and resolving third-party liability and auto claims against MidAmerican Energy Company. (10%)
Manages the liability and property certificate of insurance program and letters of self-insurance; reviews evidence of insurance from third-parties and determines compliance with company standards and contractual requirements. (10%)
Participate in setting annual budgets for MidAmerican insurance premiums and MidAmerican Energy responsibility centers and monitors budget variances throughout the year. (5%)
Responsible for project management of document creation and updating for projects and regulatory filings as assigned. (5%)
Recommend solutions to management and influence decisions. (0-5%)
Perform additional responsibilities as requested or assigned. (0-5%)
Bachelor's Degree in Business Administration, Finance, Accounting, or a related field; or the equivalent combination of education and work experience. (Typically six years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
Master’s in Business Administration preferred.
A minimum of five years insurance related experience, preferred.
In-depth knowledge of property and liability insurance concepts and processes, preferred.
Analysis, assessment and investigation skills to determine recommendations or plans of action.
Excellent communication and interpersonal skills including the ability to consult and resolve internal or external customer issues which may be sensitive in nature.
Proficient with the use of personal computers including spreadsheet, database, word processing, and presentation applications.
Effective analytical, problem-solving and decision-making skills.
Ability to prioritize and handle multiple tasks and projects concurrently.
Knowledge of rules, regulations, policies, procedures and practices; applicable federal, state, and local governmental laws and regulations, preferred.
Employees must be able to perform the essential functions of the position, with or without an accommodation.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
Internal Number: 1801232
About MidAmerican Energy Company
MidAmerican Energy Company is the largest utility in Iowa and is strategically located in the middle of several major markets in the Midwest. We provide competitive compensation packages, progressive technology and training, advancement opportunities and excellent benefits. We provide service to 752,000 electric customers and 733,000 natural gas customers in a 10,600-square mile area in Iowa, Illinois, South Dakota and Nebraska. MidAmerican Energy is a subsidiary of Berkshire Hathaway Energy.