Risk Analyst

  • Full-time

Company Description

Founded in 1934, Parker Drilling provides advanced drilling solutions to the energy industry. We are a technically innovative company providing worldwide drilling services, rental tools and project management, including rig design, construction and operations management.

Job Description

The Risk Analyst I supports the areas of claims management, insurance renewals, litigation, enterprise risk management, corporate risk management education & communications, and crisis management programs by performing the following duties.

Essential functions

Conducts property and injury claims investigations, provides litigation support and coordinates reserves and settling of onshore and offshore claims matters. Provides timely information to third party administrators and claims adjusters for matters that may exceed the self-insured retentions or deductibles. Provides guidance to the Accounting department for accruals and premium allocations. Assists the Director of Risk Management in gathering renewal data and actively working with brokers and underwriters in the insurance policy renewal process. Educate and support corporate departments and field divisions on the identification, quantification, control, and management of the company’s exposures. Assists the Director of Risk Management in developing training modules for personnel. Provide support for the execution of the crisis management and enterprise risk management programs, document changes, and make suggestions for program enhancements.  Provides general administrative support for the Risk Department, tracks and preserves historical claims and risk information and associated metrics, and assists in document management for the programs under the direction of the Director of Risk Management.

Qualifications

Necessary qualifications, skills, and abilities

  • Bachelor’s degree or equivalent is required.
  • Microsoft Excel proficiency required
  • Risk, claims management, or insurance related experience preferred.

Position competencies

•     Initiating & Driving Change: • Acts as a catalyst for and takes responsibility for leading, directing, and  managing organizational change • Develops new insights into situations and applies innovative solutions •  Creates work environment that  encourages creative thinking and innovation • Drives step changes in how the company operates • Understands how to change and addresses not only systems and processes, but also cultural aspects of change • Is good at bringing the creative ideas of others to market • Develops a change strategy that includes milestones and timelines • Accurately assesses the potential barriers and resources necessary for change initiatives • Understands and supports the need for change • Envisions and articulates the intended result of the change process • Provides direction and focus during the change process • Helps to generate support of the changes throughout the organization • Identifies and enlists allies who support the change process • Provides resources, removes barriers, and acts as an advocate for those initiating change

•     Result Focused: • Highly organized and responsive • Able to learn quickly and take responsibility for achieving desired results with limited supervision • Establishes clear, specific performance goals, expectations, and priorities • Can be counted on to exceed goals successfully • Is constantly and consistently one of the top performers • Very bottom-line oriented • Steadfastly pushes self and others for results • Navigates quickly  and effectively  to resolve  problems and  obstacles •  Persists to complete tasks / responsibilities, even in the face of difficulties • Develops a sense of urgency in others to complete tasks • Operates with personal ownership and looks for  ways  to  improve performance all the time • Challenges him- or herself and others to raise the bar on performance • Focuses people on critical activities that yield a high impact • Holds self and others accountable for delivering high-quality results on time and within budget (e.g., models high work standards and demands the same from others)

•     Team Work: • Blends people into teams when they are needed • Creates strong morale and spirit in his/her team • Shares wins and successes • Fosters open dialogue • Lets people finish and be responsible for their work • Seeks consensus among diverse viewpoints as a means of building group commitment • Defines success in terms of the whole team • Creates a feeling of belonging in the team • Values the contributions of all team members • Creates an environment that encourages open communication amongst team members • Creates an environment that encourages collective problem solving amongst team members

•     Customer Focus: • Is dedicated to meeting the expectations and requirements of internal and external customers • Gets first-hand customer information and uses it to understand customers' business issues and needs for improvements in products and services • Acts with customer in mind • Establishes and maintains effective relationships with customers and gains their trust and respect • Genuinely enjoys working with customers to build long-term partnerships • Creates a sense of customer focus throughout their team/ department/ business unit

Additional Information

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