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    Senior Analyst, Risk and Insurance Program - Wilmington, United States - DJO Global

    DJO Global
    DJO Global Wilmington, United States

    6 days ago

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    Description

    Job Description:
    At Enovis we sweat the little things.

    We embrace collaboration with our partners and patients, and we glory in the grind of scientific excellence - with the goal of transforming medical technology as we know it.

    Because that's how we change the lives of patients for the better. And that's how we create better together.

    As a key member of the Treasury Team you will play an integral part in helping Enovis drive the medical technology industry forward through transforming patient care and creating better patient outcomes.


    Job Title :
    Senior Analyst, Risk and Insurance Program

    Reports To :
    Sr Manager, Treasury

    Location:
    Wilmington, Delaware (Hybrid | 3 days onsite | 2 day remote)

    Business Unit Description :
    Treasury

    Job Title/High Level Position Summary :
    Reporting to the Senior Treasury & Risk Manager. This position will be a critical contributor to our team based in Wilmington, DE.


    Responsibilities include:

    data collection for Corporate insurance renewals, modeling, analysis, and strong coordination with internal teams to produce the best outcome for Enovis for all things insurance related.

    This position will play a key role in assisting, building and reshaping our entire insurance program for Enovis.

    Key Responsibilities :

    Lead Day to day insurance related activities including:
    Gathering, compiling and analyzing renewal data across the organization in order to develop detailed, thorough and accurate renewal submissions;
    Participation in open items calls, underwriting meetings, strategy meetings, and market presentations;
    Partnering with insurance broker(s) throughout the renewal process;
    Reviewing key insurance documents such as binders, policies and summaries of insurance, contracts, and other ad hoc market data
    Managing Certificate of Insurance (COI) processing and requests as well as annual renewals of the COIs;
    Overseeing the surety bond process, including acting as liaison with key corporate stakeholders, fielding questions and requests, interfacing with surety bond broker and managing fulfillment and invoicing
    Analyze market conditions and Identify patterns that may impact insurance outcomes.
    Utilize and understand statistical and financial models and tools to assess risk and predict future trends.
    Strategize with brokers and underwriters to determine appropriate coverage and premiums/retentions.
    Evaluate potential risks associated with various insurance lines and recommend changes to the terms and conditions where necessary.
    Assist in setting pricing strategies for insurance products to achieve profitability goals.
    Prepare and present reports on key items, risk exposure, and other relevant items
    Partner with Broker to stay informed about changes in insurance regulations and ensure compliance with industry standards.
    Work with Finance, legal, and compliance teams to ensure policies and practices align with regulatory requirements.
    Collaborate with brokers, underwriters, actuaries, claims analysts, and other stakeholders to gather and analyze information.
    Provide insurance and risk related support and insights to various departments within the company.
    Review and facilitate payment of department expenses and track spending against budget. Prepare insurance related pre-paid schedule for the accounting group.
    Analyze diligence related requests when evaluating potential acquisitions.
    Assist with various Corporate Treasury related projects, operations, and other initiatives.
    Partner with Sr Treasury & Risk Manager to ensure successful renewals, appropriate risk exposures, and departmental goals are met.
    Other Risk Management and Treasury related tasks as assigned.

    Minimum Basic Qualifications :
    Bachelor's degree in Finance, Risk Management, Business, Mathematics, Statistics, or a related field

    • 5 years of Risk Management / Insurance related experience
    Interest in developing knowledge of insurance principles, underwriting processes, and risk management
    Comfortable working in a cross functional and international environment
    Strong qualitative, analytical, and problem-solving skills
    Self-starter, committed to provide practical solutions to complex situations
    Efficient communicator
    Detailed, organized, accurate with sense of urgency
    Understanding of regulatory requirements in the insurance industry
    Ability to perform multiple projects simultaneously and prioritize
    Ability to manage to deadlines
    Experience using general management, project and task management tools.

    Travel Requirements:
    Less than 25% travel, domestic and international
    "Creating better together". It's the Enovis purpose, and it's what drives us and empowers us every day on a global scale.


    We know that the power to create better - for our customers, our team members, and our shareholders - begins with having the best team, pursuing common goals, operating at the highest levels, and delivering extraordinary outcomes.

    Watch this short video and discover what creating better together means to us at Enovis:

    We offer a comprehensive benefits package which includes:
    Medical Insurance
    Dental Insurance
    Vision Insurance
    Spending and Savings Accounts
    401(k) Plan
    Vacation, Sick Leave, and Holidays
    Income Protection Plans
    Discounted Insurance Rates
    Legal Services

    ABOUT ENOVIS
    Enovis Corporation (


    NYSE:
    ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows.

    Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond.

    Visit

    to learn more.

    EQUAL EMPLOYMENT OPPORTUNITY:


    Enovis provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law.

    We also strive to provide reasonable accommodation to employees' beliefs and practices that do not conflict with Enovis policies and applicable law.

    We value the unique contributions that every employee brings to their role with Enovis.

    ABOUT ENOVIS
    Enovis Corporation (


    NYSE:
    ENOV) is an innovation-driven medical technology growth company dedicated to developing clinically differentiated solutions that generate measurably better patient outcomes and transform workflows.

    Powered by a culture of continuous improvement, global talent and innovation, the Company's extensive range of products, services and integrated technologies fuels active lifestyles in orthopedics and beyond.

    For more information about Enovis, please visit .
    EOE AA M/F/VET/Disability Statement

    All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, religion, color, national origin, sex, protected veteran status, disability, or any other basis protected by federal, state or local laws.

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