Principal Risk Management Analyst at Northrop Grumman

, , United States -

Full Time

Start Date

Immediate

Expiry Date

01 Feb, 26

Salary

136800.0

Posted On

03 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Insurance, Claims Management, Loss Prevention, Data Analysis, Contract Review, Relationship Building, Crisis Management, Microsoft Office Suite, Property Insurance, Casualty Insurance, Brokerage, Underwriting, Aerospace, Government Contracting, RMIS Systems

Industry

Description

RELOCATION ASSISTANCE: No relocation assistance available CLEARANCE TYPE: None TRAVEL: Yes, 10% of the Time Description At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history. Northrop Grumman is seeking a motivated Risk Management Analyst to join our Corporate Risk Management team. Reporting to the Senior Property & Casualty Insurance Manager, this position serves as the primary risk management partner for the Defense Systems (DS) Sector. Key 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. This position requires the ability to work in a team environment. This is an onsite role in Mclean, VA Basic Qualifications: - Bachelor’s degree with 5 years of relevant experience in Insurance, Risk Management related field - Corporate risk management experience - Familiarity with property and casualty insurance concepts - Previous brokerage experience - Proficiency in Microsoft Office Suite. Preferred Qualifications: - ARM and/or CPCU Certifications. - Experience in brokerage, underwriting, and/or claims adjusting. - Background in aerospace or government contracting. - Familiarity with RMIS systems. - Bachelor’s degree in insurance, Risk Management, Finance, or a related field. - Basic understanding of insurance and finance operations. Primary Level Salary Range: $91,200.00 - $136,800.00 The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions. Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business. The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates. Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions. Existing Applicants: Need to update your contact information or email address? Once logged in, click on Candidate Home in the upper right corner and scroll to the bottom of that screen to see buttons for: Update Contact information to update your legal name, address, and phone number Edit Account Settings to edit your email address We are a pioneering company. With careers across all areas: air, cyber, land, sea and space – our 90,000 employees work as one to defend and define the future. Northrop Grumman careers and internships are as varied as your interests, with a lifetime of potential that will give you every opportunity to do your best work. Working together with people from many backgrounds, personal passions and disciplines, we share a drive to push the boundaries of science, technology and engineering to meet the ever evolving needs of our customers worldwide.

Responsibilities

Serve as the primary point of contact for the Defense Systems Sector regarding insurance and risk management. Analyze potential loss areas and manage insurance claims while developing risk control programs.