Insurance Risk Analyst Jobs (NOW HIRING)

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With more than 7,800 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. We are the sole manufacturer of naval nuclear reactors for U.S. submarines and aircraft carriers. Our company supplies precision manufactured components, services and fuel for the commercial nuclear power industry across four continents. Our joint ventures provide environmental restoration and operations management at a dozen U.S. Department of Energy and NASA facilities. BWXT’s technology is driving advances in medical radioisotope production in North America and microreactors for various defense and space applications. For more information, visit www.bwxt.com. Follow us on LinkedIn, X, Facebook and Instagram.

Welcome to BWXT 

We believe in empowering our employees and cultivating a dynamic workplace that fosters growth and collaboration. Whether you’re an experienced professional or just starting your career, you'll find opportunities to challenge yourself, learn from seasoned experts, and contribute to nuclear innovation. We require a diverse range of skills to support our work in the markets that drive our business and welcome candidates from all backgrounds and life stages who are passionate about making a difference.

Position Overview:

The Insurance Risk Analyst manages the end-to-end lifecycle of corporate insurance programs and complex claims. This role focuses heavily on data analysis to support annual policy renewals and execute precise corporate premium allocations across business units. The analyst evaluates total cost of risk (TCOR),ensures regulatory compliance, and optimizes claim mitigation strategies.

Location:

Onsite in Charlotte, NC with hybrid work schedule

Your Day to Day as an Insurance Risk Analyst: 

• Renewal Support & Data Modeling: Gathers, compiles, and validates historical underwriting exposure data (e.g., payroll, headcount, property values, fleet sizes) for annual insurance renewals.

• Premium Allocation Management: Develops and executes equitable premium allocation models to distribute insurance costs across various subsidiaries, departments, or geographic regions.

• Claim Review & Analysis: Analyzes incoming claims (e.g., General Liability, Workers' Comp, Property) to ensure they are complete and accurate.

• Third Party Administrators: Manages relationship with Third Party Administrators and provides oversight for complex claims.

• Certificates of Insurance: Manages third-party compliance for certificates of insurance.

• Reporting & Documentation: Maintains accurate, detailed records of claims and prepares comprehensive reports on claim trends and financial impact.

• Communication: Serves as the primary contact for Third Party Administrators, internal safety and internal legal teams, providing clear, professional communication regarding claim status.

Required Qualifications:

• Education: Bachelor’s degree in Business, Finance, Risk Management, or a related field.

• Experience: Minimum of 2 years' relevant experience in data analysis. 

• Analytical Skills: Strong ability to analyze data, interpret insurance contracts, and draw valid conclusions.

• Technical Proficiency: Advanced proficiency in Microsoft Office (specifically Excel) and familiarity with claims management software.

• Communication: Excellent written and verbal communication skills for interaction with stakeholders.

• Attention to Detail: High level of accuracy in reviewing documentation and data entry.

• Must be a U.S. citizen.

• Must be able to obtain and maintain a U.S. Department of Energy (DOE) clearance.

Preferred Qualifications:

• 2 - 4 years of experience in insurance claims processing, underwriting, or risk management.

• Relevant industry certifications (e.g., CPCU, AIC, ARM).

• Prior experience with insurance claims and familiarity with insurance policy language.

What We Offer: 

• Competitive salary and benefits package, including health, dental, and retirement plans.

• Flexible work schedules and paid time off to promote a healthy work-life balance.

• Professional development opportunities, including mentorship programs and sponsorship for continuing education.

• An inclusive atmosphere that celebrates new perspectives and supports collaboration between different generations.

• The chance to be part of a mission-driven organization making a positive impact on the future of energy.

• Opportunities for continuous learning and training to grow throughout your career!

Pay: $65,000 - $103,000

The base salary range for this position in North Carolina (US-NC) at the start of employment is expected to be between $65,000 and $103,000 per year. However, the base salary offered is based on local job market factors, and may vary further depending on factors specific to the selected job candidate, such as job-related knowledge, skills, experience, and other objective business considerations. Subject to these considerations, the total compensation package for this position may also include other elements, such as an annual cash incentive in addition to a full range of medical, retirement, and/or other benefits. Details of participation in these benefit plans will be provided at such time the selected job candidate receives an offer of employment. If hired, the selected job candidate will be employed 'at-will,’ unless employed at a location and in a position subject to a collective bargaining agreement.  The company further reserves the right to modify base salary (as well as any other discretionary payment, compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and other market factors.

As a federal government contractor, BWX Technologies, Inc. and any subsidiaries, affiliates and related entities (“BWXT” or the “Company”) complies with all federal, state, and local laws and customer requirements regarding health and safety protocols.  As such, all BWXT new hires will be required to adhere to applicable Company health and safety requirements within the workplace as a condition of employment.

All candidates must be U.S. citizens. Selected applicants are required to successfully complete a pre-employment check and drug screening. In addition, the position may require the ability to obtain and maintain applicable federal eligibility requirements for access to classified/sensitive information or matter which involves an extensive criminal and financial background investigation, drug test, previous employment, and reference verifications.

BWXT is committed to the concept of Equal Employment Opportunity. We have established procedures to ensure that all personnel actions such as recruitment, compensation, career development, benefits, company-sponsored training and social recreational programs are administered without regard to race, color, religion, sex, national origin, citizenship, age, disability, protected veteran or other protected status.

BWX Technologies, Inc. and its affiliates and subsidiaries (BWXT) is not responsible for and does not accept any liability for fees or other costs associated with resumes or candidates presented by recruiters or employment agencies, unless a binding, written recruitment agreement between BWXT and the recruiter or agency exists prior to the presentation of candidates or resumes to BWXT and includes the specific services, job openings, and fees to be paid (“Agreement”). BWXT may consider any candidate for whom a recruiter or agency has submitted an unsolicited resume and explicitly reserves the right to hire such candidate(s) without any financial obligation to the recruiter or agency unless an Agreement is in place prior to presentation and such Agreement explicitly encompasses the job opening for which such fees or costs are sought. An email, verbal or other informal contact with any person within BWXT will not create a binding agreement. Agencies or recruiters without an Agreement are directed not to contact any hiring managers of BWXT with recruiting inquiries or resumes. Recruiters and agencies interested in partnering with BWXT may contact BWXT’s Talent Acquisition team at talent_acquisition@bwxt.com.