Compensation Manager Jobs in Madison, WI (NOW HIRING)

Bring YOUR energy to Alliant Energy!

At Alliant Energy, our purpose is to serve customers and build stronger communities. We are passionate about powering beyond the market challenges of today, while powering what's next in energy. When our employees say "I am energy", it means they take pride in the work we do when disaster strikes, as well as all the days in between. We want you to be safe, happy and healthy. That's why we prioritize safety, offer volunteer opportunities and provide competitive pay, comprehensive health and retirement benefits, tuition reimbursement and paid time off.

Alliant Energy is looking for a strong insurance subject matter expert ready to step in, improve processes, and lead meaningful project work-from loss analysis and workers' compensation management to advising how insurance respond to complex capital projects across our regulated and nonregulated business.

Job Summary

Senior Insurance and Risk Analyst assists in the development and implementation of insurance and risk strategic plans and objectives. This position protects company assets by supporting the administration of insurance programs, claims management activities, and serving the needs of internal customers.

What you will do

• Evaluates and analyzes risk financing and risk control alternatives.

• Monitors loss exposure, conducts risk assessment, and recommends treatment.

• Analyzes, procures, and administers the property, casualty, and professional liability insured programs for business development subsidiaries.

• Monitors, reviews, and ensures compliance with the state and federal regulated self-insured programs.

• Assists in the management and procurement of the property and casualty insurance programs.

• Develops and maintains the surety bond program.

• Develops, evaluates, and implements the insurance program for new business development, miscellaneous corporate policies, and state and federal regulated self-insured programs.

• Maintains and assists with risk management information systems (RMIS), communication, and monitoring mechanisms, including developing databases to capture loss control, risk financing, and claims data.

• Reviews and approves contracts and performs due diligence to ensure compliance with the corporate risk programs and philosophy.

• Supports the administration of insurance and risk management programs, including Workers' Compensation, property, casualty, and related coverage lines, and performs daytoday claims support activities such as monitoring claim status, coordinating documentation, and processing and tracking claimrelated invoices and payments in accordance with established procedures.

• Coordinates loss control initiatives with insurers and consults with internal departments to provide recommendations on risk reduction, fire protection, disaster recovery, and general loss control measures.

• Engages in other duties as needed that support Alliant Energy's Values and help deliver on our Purpose to serve customers and build stronger communities.

Supervision

• Performs work under the supervision of a Manager.

Education Requirements

• Bachelor's Degree Emphasis in Insurance, Risk Management, Economics, Finance or related field Preferred.

Required Experience

• 5 years of directly-related professional experience.

• Experience in risk management Preferred.

Other Requirements

• Advanced insurance or risk management training (ARM and/or CPCU designation) Preferred.

Knowledge, Skills, and Abilities

• Advanced knowledge of insurance and risk management principles, including risk financing, risk transfer, loss control, and claims management practices across property, casualty, professional liability, Workers' Compensation, and selfinsured programs.

• Knowledge of regulatory and compliance requirements related to state and federally regulated insurance and selfinsured programs.

• Strong analytical and problemsolving skills to assess loss exposure, evaluate risk financing and risk control alternatives, and support datadriven risk treatment recommendations.

• Ability to administer insurance programs and support claims activities, including monitoring claim status, coordinating documentation, and tracking claimrelated financial information in accordance with established procedures.

• Proficiency in risk management information systems (RMIS), databases, and standard business software to manage, analyze, and report insurance, claims, and loss data.

• Effective interpersonal, negotiation, verbal, and written communication skills, with the ability to collaborate with insurers, thirdparty administrators, brokers, and internal stakeholders in a collaborative and inclusive work environment.

• Ability to work effectively in a collaborative and inclusive work environment.

Key Skills

• Electronic Records Management (ERM) Financial Risk Management Insurance Management Knowledge Management Loss Prevention Control Market Analysis Predictive Analytics Regulatory Compliance Risk Management Risk Framework Design Stakeholder Management

Our people are passionate about what they do, the product they sell, and the customers they serve. If you're looking for an opportunity to be a part of a work family that values collaboration, innovation and dedication, we're the right company for you.

Alliant Energy offers a comprehensive total rewards package including competitive compensation and benefit programs. Information on these benefit programs is available on our Careers site.

Pay Range:

This position is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

It's not just what we do; it's how we do it.

Live Safety. Everyone. Always | Make Things Better | Care For Others | Do The Right Thing | Act For Tomorrow | Think Beyond. Be Bold

Alliant Energy and its subsidiaries are committed to creating a culture of belonging and is proud to be an Equal Opportunity Employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other basis prohibited by law.

All candidates selected for employment with Alliant Energy will be required to successfully complete a background check, and a drug screen where applicable.

Visa sponsorship not supported.

Disclaimer:
The above information on this description has been crafted to indicate the general nature and level of work performed by employees within this classification. It is not crafted to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.

Applicants in need of a reasonable accommodation for any part of the hiring process, please email talent@alliantenergy.com.