Enterprise Risk Management (ERM) Analyst

<p>With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.</p>

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

keywords: professional,support,production,analysis,skills,knowledge,degree,experience


Competitive Total Compensation Package

Overview: <strong>Develop and produce Enterprise Risk Management (ERM) reports and metrics for dashboards, senior leadership and board of directors&rsquo; committees.&nbsp; Assist in development of modeling and scenarios required for regulatory filings; assist with identification, monitoring and communication of emerging risks; support other department/corporate efforts.</strong>
Responsibilities: <ul> <li>Produce routine ERM reports and metrics for designated dashboards and ad-hoc reports for senior leadership and board committees.&nbsp;</li> <li>Assist in quantification of risk exposure analysis and development of robust scenarios for stress testing&nbsp;analysis to prepare company filings for regulatory requirements.&nbsp;</li> <li>Conduct analysis to identify and validate internal and external emerging risks.&nbsp;</li> <li>Assist with implementation of Risk to Reporting process including development and communication of roles and responsibilities, coordination of joint processes and deliverables.&nbsp;</li> <li>Assist with assessment and monitoring activities for priority enterprise risks and annual refresh process; develop new reporting templates/dashboards and documentation for new processes.&nbsp;</li> <li>Provide support for designated department/corporate efforts including continued development of common&nbsp;foundational elements and updates to corporate risk universe.</li> <li>Other duties as assigned.</li> </ul>
Requirements: <ul> <li>Bachelor's Degree in Finance, Business, Mathematics or related field required.</li> <li>Four (4) years related experience in Finance or Business field. Risk exposure quantification and scenario modeling experience required.</li> <li>Healthcare, ERM or insurance experience preferred.</li> <li>Broad knowledge of BCBSM business, history, goals and organizational structure. Knowledge and understanding of actuarial concepts.</li> <li>Ability to work effectively in team environment with tight deadlines and build cross-functional relationships.</li> <li>Ability to develop and quantify risk exposures, design appropriate risk scenarios and stress tests. Ability to produce timely, accurate and effective reports.</li> <li>Excellent analytical, organizational, planning and written/verbal communication skills.</li> <li>Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Access) and PC flowcharting tools.</li> <li>Other related skills and/or abilities may be required to perform this job.</li> </ul>