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We are looking for an Insurance Analyst to join a respected wealth management firm in Albany, New York. In this role, you will play a pivotal part in evaluating insurance portfolios for high-net-worth clients, ensuring their coverage aligns with their needs and mitigates risks effectively. This position offers an excellent opportunity for professionals with 1–3 years of analytical experience to thrive in a collaborative and non-sales environment.
Job Responsibility:
Conduct in-depth analyses of insurance policies across various categories, including Home, Auto, Umbrella, Life, and Long-Term Care
Identify gaps, redundancies, and inefficiencies within client coverage to optimize risk management strategies
Collaborate with insurance brokers and carriers to obtain competitive quotes and evaluate policy terms
Translate complex insurance terminology into clear and concise reports and summaries for client presentations
Assist in annual policy reviews, ensuring timely updates and renewals
Maintain accurate and organized records of insurance policies and related documentation
Prepare visual reports and charts to effectively communicate findings to clients and advisors
Partner with Senior Advisors to develop tailored recommendations for clients based on their unique needs
Stay informed about industry trends and changes in insurance regulations to ensure compliance and best practices
Requirements:
Bachelor’s degree in Finance, Business, or a related field
1–3 years of experience in insurance analysis, financial services, or a similar analytical role
Strong understanding of insurance policies, terms, and risk assessment
Excellent communication skills, with the ability to simplify complex information for diverse audiences