Risk Analyst – Starbucks

Posting Date 7/11/23

Now Brewing – risk analyst, Risk Finance! #tobeapartner

From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others.

This job contributes to Starbucks success by identifying and evaluating loss exposures, determining the cost of risks, developing cost risk allocation models, administering risk financing programs, and purchasing property and casualty insurance.

As a risk analyst, you will…
• Provide certificates of insurance, bonds and contractual insurance guidance as required.
• Collaborate with the risk financing manager and the insurance broker to develop risk financing plans that are in keeping with Starbucks overall mission, goals and that cost effectively meet the needs of the company.
• Provide and maintain underwriting data, reviews policies and endorsements side letters of agreement for accuracy. Ensures accuracy of insurance premium billings, invoices from brokers, third party administrators, state assessments, audits and retroactive adjustment.
• Determine total cost of risk from outside actuary reports, risk assumption options, insurance premiums, assessments, claims adjusting costs, broker and actuary fees for budget, expensing and accrual purposes. Assists risk manager in developing cost of risk allocation models that are fair.

We’d love to hear from people with:
• Risk management or insurance experience
• Experience working with insurance policies, coverages and applying principles of risk management

From free coffee to competitive pay, Starbucks is proud to offer a comprehensive compensation and benefits package to our eligible part-time and full-time partners. Benefits include 100% tuition coverage through our Starbucks College Achievement Plan, health coverage with a variety of plans to choose from, and stock & savings programs like our equity reward program, Bean Stock. What’s more, Starbucks offers flexible scheduling and opportunities for paid time off. Visit starbucksbenefits.com for details.

If you live in the greater Seattle area, we offer a flexible workplace that allows for hybrid work. Partners can work remotely up to two days per week.

Join us and inspire with every cup. Apply today!

For more information click here.