Insurance Risk Mgmt Analyst 5

Skills Management Title Accounting/Finance/Insurance Status Full Time, Employee Business Component Accounting/Finance/Insurance Requisition Number 08-1019930 YOU MAY NOT ALWAYS SEE US, but we're in the sky, on the ground, at sea and out in space; with your help our technologies will benefit the world. That's why we're here. Insurance Risk Mgmt Analyst 5 Position Description Primary focal point for the management of insurance related litigation and claims made against the Company with respect to environmental/pollution liabilities, asbestos bodily injury (involving premises and products), and other toxic tort matters. The candidate will also be responsible for handling other complex claims, such as directors & officers and nuclear liability, and be the claims leader responsible for insurance company insolvencies. Primary responsibilities will include direct case management, direction of outside counsel, settlement evaluation and negotiation, litigation strategy planning and general responsibility for ensuring the effective and efficient processing of insurance related claims from inception to disposition. The individual will also be responsible for conducting internal investigations of potential claims and making liability and insurance coverage determinations. Candidate will be responsible for providing insurance coverage advice and counsel to internal stakeholders. Competencies General/Leadership [ + ] Adaptability Fully understands and usually helps shape changes in own and fellow team leaders' work and situations; is frequently called upon to explain the logic or basis for change to other team leaders and/or interorganizational teams; is seen as an expert on information about changes affecting own and fellow team leaders' jobs; frequently mentors fellow employees and team leaders around the change. Treats changes and new situations as opportunities for learning or growth; focuses on the beneficial aspects of change; speaks positively about the change to fellow team leaders and external customers. Quickly modifies behavior to deal effectively with changes in the work environment; readily tries new approaches appropriate for new or changed situations; does not persist with ineffective behaviors. [ + ] Build Positive Relationships Leads efforts to consistently and proactively build effective working relationships with other team leaders, managers and internal employees. Probes for and provides information to clarify situations. Consistently and proactively seeks and expands on original ideas from fellow team leaders, managers and other internal employees enhances others' ideas, and contributes own ideas about the issues at hand. Places higher priority on team, project, and/or organization goals than on own goals. Is called upon to mentor others in gaining agreement from fellow team leaders, managers and internal employees to support ideas or take partnership-oriented action; uses sound rationale to explain value of actions. Establishes good interpersonal relationships by helping people feel valued, appreciated, and included in discussions. [ + ] Communication Consistently and proactively clarifies purpose and importance; stresses major points; follows a logical sequence. Guiders others in keeping their audience thoroughly engaged through use of techniques such as analogies, illustrations, humor, an appealing style, body language, and voice inflection. Frames highly complex and or advanced information in line with audience experience, background, and expectations; uses terms, examples, and analogies that are meaningful to the audience. Regularly seeks input from audience; checks understanding; presents message in different ways to enhance understanding. Uses syntax, pace, volume, diction, and mechanics appropriate to the media being used. Attends to both direct and indirect messages from others; correctly interprets messages and responds appropriately. Mentors and advises fellow project leads and other internal employees on effective communication techniques. [ + ] Decision Making Consistently and proactively recognizes a wide range of highly advanced or unusually complex issues, problems, or opportunities across the organization; determines whether action is needed. Adeptly identifies the need for and collects information to better understand issues, problems, and opportunities; has advanced knowledge in integrating unusually complex information from a variety of sources; detects unusually complex trends, associations, and cause-effect relationships. Guides others in creating relevant options for addressing problems/opportunities and achieving desired outcomes; can be relied upon to formulate clear decision criteria; evaluates options by considering implications and consequences; chooses an effective option; implements decisions reliably and initiates action within a reasonable time; includes team leaders, managers and internal employees in the decision-making process as warranted to obtain good information, make the most appropriate decisions, and ensure buy-in and understanding of the resulting decisions. [ + ] Managing Work Identifies and creates hierarchy of activities and tasks based on criticality; adjusts priorities when appropriate. Deploys and ensures that required equipment and/or materials are in appropriate locations so that own and others' work can be done effectively and efficiently. Effectively allocates own time to complete work; coordinates own and others' schedules to avoid conflicts and maximize resources. Takes advantage of available resources (individuals, processes, departments, and tools) to complete work efficiently. Consistently uses time effectively and prevents irrelevant issues or distractions from interfering with work completion.Technical [ + ] Analytical Skills Skill and ability to: collect, organize, synthesize, and analyze data; summarize findings; develop conclusions and recommendations from appropriate data sources at the business unit level. [ + ] Claims Knowledge Advanced, expert knowledge of claim processes (e.g., litigation, filings, supporting documentation, legal review, procedure in State and Federal Court, Workers' Compensation Adjudication, collection procedure) and reporting procedures as defined by applicable insurance policy. Ability to analyze and create recommendations based on claims documents, process and track claims documentation. Ability to prepare claims documentation and forwarding to external firms. [ + ] Insurance Policy Construction Advanced, expert knowledge of insurance policy construction and ability to evaluate current and future insurance documents to ensure proper construction and meet company insurance objectives. [ + ] Insurance Products Advanced, expert knowledge of liability risk insurance products (e.g., fiduciary, general liability, Directors and Officers, crime, Professional liability, earthquake, fire, windstorm, flood, acts of God, mergers and acquisitions, business interruption, products, property, launch risk guarantee, satellite on-orbit coverages, general liability, excess workers compensation coverage, Longshoremen and Harbor Workers Act, Defense Base Act). [ + ] Third Party Risks Advanced/expert knowledge of negotiation practices and understanding of claims trend to negotiate complex insurance claims and coverage disputes on behalf the company. Advanced/expert knowledge of negotiation practices and understanding of claims trend to negotiate resolution of complex insured litigation involving the company. Advanced/expert knowledge of third party risks in developing insurance programs to meet strategic objectives. Education and/or Experience Bachelor's degree and typically 15 or more years' related work experience, a Master's degree and typically 13 or more years' related work experience or an equivalent combination of education and experience. Other Job related information Juris Doctorate from an accredited law school and must be in good standing with at least one state bar. 8-10 years experience required at a law firm, insurance company or risk management department with direct involvement in managing claims or cases from inception to resolution. Previous litigation and trial experience is required. Candidates must have extensive, detailed knowledge of insurance coverage issues involving complex insurance programs. Must possess good business acumen and proven track record working with insurance companies, brokers, and counsel. Candidates must have the ability to achieve long-term goals, consistently meet short and long-term deadlines, and be flexible, decisive and creative. Demonstrated skills in interpersonal communication, negotiation/compromise and teamwork are required. *** Please note that depending on the specific position, you may be required to pass additional medical tests, credit checks, and/or other requirements. These additional items are required for the Company to comply with various laws and regulatory rules.*** Every job requisition has specific and unique requirements listed under 'Description', 'Competencies', and 'Education'. Applicants will increase their opportunities for consideration by demonstrating compatibility with these requirements in their resumes. The job specifications - including competencies (knowledge, skills, abilities, and other characteristics), job-relevant work experience, education, and other requirements described in this requisition - will be the basis for applicant screening, including resume reviews, structured interviews and any other assessments used to support the hiring decision. All candidates considered for this position may be required to participate in a structured interview. The structured interview is a standardized method of evaluating candidates' job-related competencies to support an objective selection and promotion process. Contact Info: Boeing, U.S. Citizenship is required for most positions. Boeing is an equal opportunity employer supporting diversity in the workplace. Copyright © 2006 Boeing. All Rights Reserved.