Lead Analyst Risk Management
- Location
- Houston, TX
- Work model
- On-Site
- Level
- Senior
- Posted
About this role
CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people. Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve. Job Summary
The Lead Analyst of Insurance Risk Management (IRM) is responsible for analyzing, implementing, and supporting a comprehensive, enterprise‑wide corporate insurance and surety program that proactively connects risk and opportunity with performance. The role focuses on identification of risk exposures, evaluation of appropriate risk management solutions and application of conventional risk transfer, risk retention and/or alternative risk transfer, while aligning risk management practices with corporate strategy and policies. This role will report to the Manager of Insurance Risk Management. Essential Functions
Design, implement, and continuously mature a holistic, enterprise-wide corporate insurance and surety program that aligns with organizational objectives, regulatory expectations, and leading practices in risk governance. Facilitate insurance renewals through execution of strategy predicated on risk identification, evaluation, and application of conventional risk transfer, risk retention and/or alternative risk transfer. Prepare renewal presentations, schedule and coordinate meetings with insurance brokers and underwriters. Develop and track renewal timelines, tasks to promote progress, and generate leadership renewal recommendations. Facilitate cross‑functional engagement with key stakeholders to compile and review renewal submissions. Track, review and electronically file insurance binders, policies, and supplemental renewal documentation. Support certain claims processes through coordination with claims, litigation and various subject matter experts to compile and submit deliverables for favorable resolution. Establish ongoing monitoring and reporting processes that provide leadership with a consolidated, enterprise‑wide view of risk exposure and trends (e.g., dashboard, quarterly memos, total cost of risk, peer benchmarking analysis). Provide shared-service solutions such as contractual insurance provision reviews, establishing surety bonds and certificates of insurance. Essential Functions Continued
Coordinate with team members to produce a timely and accurate production of annual plan, monthly forecasts, cash forecasting, invoice allocations and any financial information required for regulatory filings to meet stakeholder requirements. Perform variance analysis and ad-hoc reports as needed to support in operational decisions. Facilitate broker requests for proposals and manage ongoing broker relationships, including performance, service delivery, communication, and accountability. Support administrative needs associated with the company’s captive insurance program and various high-deductible programs (e.g., monthly workers’ compensation billing allocation, collaboration with third party administration). Support special projects, mergers and acquisitions and legislative session insurance needs on an as-needed basis. Identify and propose efficiency-gain solutions to streamline workflows leveraging approved artificial intelligence solutions, Microsoft Office Suite, intranet, etc. Organize annual electric, gas and property loss control site visits and follow-up