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Insurance Analyst

PPL Corporation is committed to creating long-term, sustainable value for its customers and communities. This position is a hybrid role, with the expectation of in-person attendance at least three days per week either in the Allentown, Pennsylvania or Louisville, Kentucky offices. Candidates who are not within commuting distance of one of these office locations cannot be considered as this position does not support a fully remote / work from home schedule.

The Insurance Analyst or Senior Insurance Analyst position will assist with corporate insurance related matters mainly supporting with day-to-day administrative activities and management of routine department processes. Responsibilities include insurance program renewals for property and casualty lines, captive insurance management, claims, contract reviews for a wide variety of risks, management of the surety bonding program, certificates of insurance processing, and involvement in any project that requires corporate insurance assistance.

Primary Responsibilities

• Collect and organize data for US domestic insurance program renewal submissions and assist in the renewal process as directed.
• Assist in the overall management of PPL's corporate insurance programs and any special programs in place for specific business lines.
• Support claims management activities such as monitoring status of claims and potential claims for exposure and incurred costs, and processing invoices related to claim payments.
• Manage insurance certificates for both PPL and from third parties doing business with PPL and its subsidiaries.
• Collaborate with all business lines and corporate support groups (including procurement, legal, IT) in the review and risk identification in various agreements and contracts to analyze and recommend appropriate insurance requirements for third parties to best protect the interests of PPL.
• Review quotes, binders and policies upon receipt for accuracy.
• Manage the invoice / payment process for all placements, fees and claim billings.
• Manage the corporate surety bonding program including new requests, renewal of existing bonds and processing invoices.
• Provide mergers and acquisitions (M&A) due diligence and integration support across all insurance programs.
• Provide assistance in data and risk analysis for projects as needed.

Qualifications

Bachelor's degree from an accredited college or university preferably in Risk Management and Insurance, Mathematics / Statistics, Business Administration or a related field. Insurance Analyst consideration at least 2 years' experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles. Senior Insurance Analyst consideration at least 5 years' experience in Commercial Insurance or Risk Management either in a corporate environment or at a commercial insurance brokerage firm or commercial insurer in underwriting, broker placement or client advisory roles. Demonstrated knowledge of core commercial insurance principles and understanding coverage forms, risk identification and risk assessment. Detail-oriented and strong organizational skills required to maintain and ensure accuracy of data and information of different activities. Analytical skills required and ability to manage multiple projects and tasks independently, change priorities when needed and be proactive. Excellent written and verbal communication skills with strong presentation skills. Strong interpersonal skills with an ability to effectively support and work well with people from different disciplines across the organization. Customer focus, collaborative and willingness to develop professional relationships with core brokers and vendors. Highly proficient working knowledge of Microsoft Office Outlook, Word, Excel, PowerPoint and SharePoint. A valid driver's license operable in all 50 states and Canada.

Preferred Qualifications

Completed or desire to pursue professional insurance designation such as Associate in Risk Management (ARM) or Chartered Property Casualty Underwriter (CPCU). Knowledge or experience in contract reviews to evaluate insurance and indemnification provisions, identify exposures and mitigate insurance-related risks. Experience within the power / utility / energy industry, renewable energy, or construction industry is a plus.

Our company is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, protected veteran status, sexual orientation, gender identity, genetic information, disability status, or any other protected characteristic.