Senior Insurance Analyst V

Manages multiple risk financing programs which address inherent property and casualty risk exposures arising from Kaiser Permanente's day to day operations. Requires an understanding of the legal, regulatory, asset protection, and business risks of a complex integrated health care organization. 

Insurance and Risk Financing Programs: Reporting to the Senior Director of Corporate Risk Management, collaborates on the design and implementation of selected insurance programs addressing various types of risk exposures.

Acts as an internal KP resource and a liaison to insurers and other external counterparties in describing Kaiser's programs to reduce harm and mitigate malpractice risk. Communicates learnings shared by underwriters and other experts through management presentations to various diverse client groups within KP, including subsidiaries, joint ventures, and affiliated medical groups. This includes: 1) overseeing collection and reconciliation of exposure data; including designing improvements in data collection and definition; 2) preparing reports for management on operational effectiveness, cost-of-risks, and broker/insurer value; and 3) Includes preparing program marketing presentation for underwriting insurance contract renewal meetings, reflecting Kaiser's story and risk profile.

Provides loss control recommendations to management based on expert studies commissioned as part of renewal and/or participation with broker/insurer in reviewing potential drivers of loss; works with internal colleagues and external actuaries in estimating the potential financial impacts from covered events on Kaiser's captive insurance subsidiary financial statements, as well as the cost of risk protection measures; collaborates with functional colleagues to implement loss control programs, as appropriate.

• Practices self-leadership and promotes learning in others by building relationships with cross-functional stakeholders; communicating information and providing advice to drive projects forward; influencing team members within assigned unit; listening and responding to, seeking, and addressing performance feedback; adapting to competing demands and new responsibilities; providing feedback to others, including upward feedback to leadership and mentoring junior team members; creating and executing plans to capitalize on strengths and develop weaknesses; and adapting to and learning from change, difficulties, and feedback.


• Conducts or oversees business-specific projects by applying deep expertise in subject area; promoting adherence to all procedures and policies; developing work plans to meet business priorities and deadlines; determining and carrying out processes and methodologies; coordinating and delegating resources to accomplish organizational goals; partnering internally and externally to make effective business decisions; solving complex problems; escalating issues or risks as appropriate; monitoring progress and results; recognizing and capitalizing on improvement opportunities; and evaluating recommendations made by others.


• Conducts company financial activities by providing support to finance and operations; coordinating reconciliation activities; identifying adequate controls for financial transactions; and ensuring financial processes are fully documented.


• Leads treasury reporting efforts by evaluating and summarizing economic data, market conditions, and financial commitments; identifying and reporting key financial/business drivers, liabilities, and performance indicators (e.g., funding issues, returns on investment, cash-related risks, etc.) to management; and developing presentations to convey key findings.


• Drives financial analyses and interprets results to understand and identify risks and opportunities by determining and communicating assumptions as appropriate; and developing/using financial models consistent with regulatory, statutory, and legal guidelines and requirements.


• Manages projects or treasury components of larger cross-functional projects by identifying and managing stakeholder contacts; assembling teams based on project needs and team member strengths; developing, analyzing, and managing project plans; negotiating and managing project schedules and resource forecasts; and managing project financials and deliverables.


• Drives compliance with regulatory, statutory, and legal controls by developing and coordinating policies and procedures to achieve compliance and control objectives (e.g., audit controls, financial commitments, etc.).


• Manages vendor contracts and transactions (e.g., lease agreements, investment portfolios, etc.) by maintaining relationships with existing financial/business partners; negotiating and reviewing financial agreements in accordance with regulatory policies and guidelines; identifying and evaluating key performance indicators; and ensuring vendor performance meets established service level agreements.