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Insurance Analyst


White Plains, US


The Insurance Analyst assists in the evaluation of the Authority’s exposure to risks of uncertain loss. The Analyst  reviews, negotiates and approves insurance requirements for contracts, including permits and agreements, to ensure the company’s assets, including its personnel, are adequately protected. The Analyst also provides guidance and direction to site personnel in the administration of Insurance Risk Management programs.


  • Analyze the insurance program and recommend the purchase and placement of insurance policies. 
  • Assist in the overall management of the New York Power Authority and the Canal Corporation insurance programs.
  • Analyze and recommend the procurement of the Authority's and the Canal Corp’s insurance policies including the negotiation of renewals.
  • Review terms and conditions of Authority and Canal Corp insurance policies to ensure the policies have been issued correctly.
  • Analyze and design strategies for pursuing coverage for multi-million dollar claims to achieve maximum cost-effective recovery.
  • Interpret damage and indemnity provisions and insurance requirements for contracts, agreements and permits, requested by or required of external organizations, and provide expertise and guidance to NYPA and the Canal Corp personnel for implementation or negotiation of such requirements.
  • Identify potential insurance risks and make recommendations as to minimizing risks.
  • Coordinate, prepare and authorize NYPA and Canal Corporation Certificates of Insurance (COI) and review external COI for compliance with NYPA contract requirements.
  • Attend and coordinate all phases of property and boiler and machinery site inspections with insurance representatives and site personnel.
  • Perform other assignments/duties as required.

Knowledge, Skills and Abilities

  • Solid analytical/quantitative skills with the ability to analyze data and report results
  • Excellent interpersonal skills
  • Strong negotiating skills
  • Working knowledge of insurance and its practical application
  • Strong computer skills
  • Strong administrative skills
  • Ability to work independently as well as in a team

Education, Experience and Certifications

  • Bachelor’s Degree required. Finance, Risk Management or similar preferred
  • Minimum of 5 years insurance and analytical experience
  • Experience in performing analytical analysis such as total cost of risk (TCOR) and total insured value (TIV)

Physical Requirements

  • Approximately 10% travel primarily in New York State
  • Valid NYS Driver’s License

New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The target salary range for this position is: $79,000 - $96,500. Salary offered will be determined based the successful candidates’ relevant experience, knowledge, skills, and abilities.


The New York Power Authority and Canals Corporation believes that equity, diversity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across NY and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, gender identity and/or expression, age, veteran status, disability status, pregnancy, marital status, genetic information, arrest record or criminal conviction history, or any other category protected by law.

We are happy to provide reasonable religious accommodations during the hiring process for those in need. If you have a disability or special need that requires a reasonable accommodation, please send a request to

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Nearest Major Market: White Plains
Nearest Secondary Market: New York City

Job Segment: Equity, Risk Management, Finance