Risk Analyst, Global Risk Management & Claims
Amazon · Seattle, WA
- On site
- Full-time
- $97,400 / year
- Seattle, WA
Job highlights
- Manage corporate insurance programs for Amazon.
- Consult on risk management and contract provisions.
- Analyze data to evaluate loss trends.
- Collaborate with internal and external partners.
- Drive process improvements in risk management.
About the role
About the Role
Amazon’s Global Risk Management and Claims team is seeking a Risk Analyst to assist with the development and management of Amazon’s corporate insurance programs. This role involves supporting insurance program management, contract review, and implementing risk management tools and techniques for new and existing business initiatives. The Risk Analyst will also manage insurance programs for some Amazon-owned subsidiaries and coordinate with operations, finance, and legal teams to scale department support globally.
Key Responsibilities
- Provide risk management consultation and guidance to internal customers.
- Partner with internal stakeholders on insurance program changes, retention, and exposures.
- Assist Risk Manager with collection and review of legal documents and exposure information for insurance placements, renewals, audits, forecasting, and allocation.
- Manage premium invoice payment process and administration for brokers and carriers.
- Assist with the management of carrier accounts in the vendor management system.
- Identify, communicate, and champion process improvement opportunities.
- Assist Risk Manager with risk assessments and mitigation.
- Utilize the Risk Management Information System (RMIS) to manage exposures and policies.
- Establish data, metrics, and benchmarking to evaluate loss trends and cost of risk to prioritize resources using RMIS, actuarial reports, and broker data.
- Manage insurance policies and forms, reinsurance contracts, and vendor contracts.
- Conduct contract reviews to confirm insurance provisions comply with Amazon’s risk tolerances and insurance programs, providing suggested revisions and direct consultation with external partners as needed.
- Provide risk consultation on contractual risk transfer techniques and insurance-specific provisions.
- Manage updates to coverage and contract recommendations on various internal sites.
Basic Qualifications
- Bachelor's degree or equivalent.
- Experience providing and effectively communicating strategic and tactical recommendations based on data.
- 1+ years in property and casualty insurance program management and design.
- Prior experience at a firm’s insurance/risk management department, an insurance broker, insurance carrier, or similar roles is preferred.
- Demonstrated ability to participate in cross-functional teams, drive strategic initiatives, and deliver measurable results in a fast-paced, data-driven environment.
Preferred Qualifications
- 3+ years in property and casualty insurance program management and design.
- Strong track record of execution and impact in an insurance and/or risk-oriented setting.
- Strong analytical, decision-making, project management, planning, and organizational skills.
- Experience within a publicly traded company managing corporate insurance.
Key skills/competency
- Risk Management
- Insurance Programs
- Contract Review
- Data Analysis
- Stakeholder Management
- Process Improvement
- Corporate Insurance
- Property and Casualty Insurance
- Risk Assessment
- RMIS
Skills & topics
- Risk Analyst
- Risk Management
- Insurance
- Property and Casualty Insurance
- Corporate Insurance
- Claims Management
- Contract Review
- Data Analysis
- RMIS
- Amazon
- Seattle
- Treasury
How to get hired
- Tailor your resume: Highlight property and casualty insurance experience, data analysis, and cross-functional team collaboration relevant to the Risk Analyst role at Amazon.
- Quantify achievements: Use numbers to demonstrate your impact in insurance program management, cost savings, or process improvements.
- Prepare for data questions: Be ready to discuss how you use data to provide strategic and tactical recommendations for risk management.
- Showcase collaboration skills: Emphasize your experience working with diverse teams (operations, finance, legal) and earning trust quickly.
- Understand Amazon's culture: Research Amazon's leadership principles and how they apply to a risk management context.
Technical preparation
Review P&C insurance program structures.,Practice analyzing loss trend data.,Familiarize with RMIS functionalities.,Understand insurance contract clauses.
Behavioral questions
Describe a time you influenced stakeholders.,How do you prioritize competing tasks?,Share an example of process improvement.,How do you earn trust quickly?
Frequently asked questions
- What are the primary responsibilities of a Risk Analyst at Amazon?
- As a Risk Analyst at Amazon, your primary responsibilities will involve assisting with the development and management of corporate insurance programs, conducting contract reviews, implementing risk management strategies, and managing insurance for subsidiaries. You'll also analyze data to assess risk trends and collaborate with various internal teams.
- What qualifications are essential for the Risk Analyst position at Amazon?
- Essential qualifications include a Bachelor's degree or equivalent, at least 1 year of experience in property and casualty insurance program management and design, and the ability to communicate data-driven recommendations effectively. Experience in a risk management department, with an insurance broker, or carrier is also highly valued.
- How does Amazon approach risk management for its corporate insurance programs?
- Amazon's Global Risk Management and Claims team employs a technical approach, focusing on assessing, mitigating, and managing global corporate insurance placement programs. They leverage internal expertise, external partners, and data analytics through systems like RMIS to manage exposures, policies, and cost of risk.
- What kind of data analysis is expected from an Amazon Risk Analyst?
- The Risk Analyst is expected to establish data, metrics, and benchmarking using multiple sources (RMIS, actuarial reports, broker data) to evaluate loss trends and the cost of risk. This analysis helps prioritize resources and inform strategic decisions for insurance placements and program management.
- How important is collaboration for a Risk Analyst at Amazon?
- Collaboration is crucial. The Risk Analyst will coordinate with operations, finance, and legal teams globally, leveraging a network of partners to scale department support. Earning trust quickly and effectively managing risk through others are key aspects of the role.
- What are the preferred qualifications for this Risk Analyst role at Amazon?
- Preferred qualifications include 3+ years in property and casualty insurance program management and design, a strong track record of execution and impact in risk-oriented settings, and strong analytical, decision-making, project management, planning, and organizational skills. Experience within a publicly traded company managing corporate insurance is also a plus.
- How does Amazon support employees with disabilities during the hiring process for a Risk Analyst role?