Risk Analyst: This person reviews all of your policy information, metrics, and cost basis so we can correlate between your “Cost of Risk Financing” (Insurance) and your performance metrics (Incidents / Claims). They assist with both the pre and post-audit process for your worker’s compensation policies, analyze your experience mod calculations, and help order your worksheets from the State. They analyze your worker’s compensation policy to make sure you are awarded all of the credits you deserve from the Workers Compensation Rating Board. Also helping to build out your annual insurance cost structure worksheets to assist your bid and RFP folks by baking in the correct insurance costs for job sourcing.
Lastly, they assist with vendor qualification and insurance contract reviews (RISK ROCKET) to make sure both your insurance and your vendors’ insurance are consistent with the insurance contracts purchased to protect your organization.