Analyst, Risk Management & Insurance

As an Analyst in Risk Management & Insurance at Hearst, you will support our diverse brands by managing daily insurance needs and assisting with critical analysis. Your responsibilities include preparing monthly dashboards, tracking changes in our Risk Management Information System, and preparing renewal submissions while performing in-depth data analysis across hundreds of locations. This position allows you to engage directly with brokers and support the organization of key insurance documents and data.

To apply for the Analyst position in Risk Management & Insurance at Hearst, you should have a Bachelor's Degree, preferably in areas like risk management, business, or finance. It's essential to have strong analytical capabilities and effective communication skills. A proficiency in Excel and the MS Office suite is expected, and being a personable team player who enjoys collaboration will serve you well in this role.

In the Analyst role within Hearst's Risk Management & Insurance team, you will frequently use tools like Excel and PowerPoint for data analysis and presentations. Additionally, you may help transition our dashboards to Power BI, enhancing our visual data insights. Familiarity with Risk Management Information Systems (RMIS) is also necessary as you will track exposures and manage critical insurance documents.

For the entry-level Analyst position at Hearst, previous experience is not strictly required, making it a fantastic opportunity for recent graduates. However, a foundational understanding of risk management principles or relevant internships can give candidates a competitive edge. The emphasis is on strong analytical skills, a passion for client service, and a collaborative attitude.

An Analyst in Risk Management & Insurance at Hearst has numerous growth opportunities. You’ll not only acquire hands-on experience but also the chance to take initiatives in process improvement and embrace projects like Robotic Process Automation. The environment encourages continuous learning and collaboration, and as you prove your skills, there may be potential pathways to advance within the department or the broader organization.

When answering this question, express your passion for analytics and risk management. Mention how Hearst’s wide array of brands excites you and how you envision contributing to their insurance needs creatively. Highlight your eagerness to learn and support innovative projects within the team.

Use the STAR method (Situation, Task, Action, Result) to structure your response. Provide an example from your academic projects or internships where you analyzed data, what tools you used, the insights you uncovered, and how you presented those findings effectively to your team or class.

Discuss your approach to prioritizing tasks, such as using a list or scheduling techniques. Explain how you assess the urgency and importance of each task and give an example of this in action, emphasizing your organizational skills.

Detail your experience with Excel, including specific functions or formulas you are comfortable with, and any projects where you've analyzed data. If you have experience with Power BI or other data visualization tools, be sure to mention that too!

Emphasize the importance of communication and collaboration in team environments. Provide an example of a past experience where you navigated team dynamics and resolved conflicts to achieve a common goal through empathy and understanding.

Reflect on industry changes or challenges, such as evolving regulatory landscapes or the impact of technology on risk assessment. Discuss how you would stay informed about these challenges and how you could contribute to finding solutions in the Analyst role at Hearst.

Express your admiration for Hearst’s diverse media and communication brands. Highlight your appreciation for the company’s commitment to innovation and improvement, and how you see the Analyst role contributing to such a dynamic environment.

Share a detailed example demonstrating your analytical abilities. Discuss the goal of the project, the methods you used, and the outcomes achieved. Be sure to tie it back to skills relevant to the Analyst position.

Mention your proactive learning strategies, such as utilizing online resources, tutorials, or hands-on practice. Provide a brief example of a time when you quickly adapted to new software and successfully applied it to your work.

Discuss the key elements of excellent client service, such as responsiveness, understanding clients' needs, and providing valuable insights. Relate this back to the Analyst position and how you would ensure client groups perceive you as a proactive and trustworthy partner.