Position Summary

The Risk Analyst supports the runoff team by monitoring and assessing financial and operational risk tied to terminated/runoff agents and their outstanding bond exposure. This role identifies high-risk accounts early, tracks key deadlines (forfeiture/judgment windows), supports remediation strategies (collections/payment plans, recovery and legal coordination), and ensures documentation and follow-through are completed accurately and on time.

Key Responsibilities

Risk Monitoring & Analysis

Track and assess risk for terminated/runoff agents, focusing on open liability, forfeitures/judgments, and outstanding powers. Identify exposure drivers such as unexecuted/missing powers, aging open liability, recurring forfeitures, and unpaid receivables. Maintain organized risk notes and document key account decisions for auditability and continuity.

Forfeiture & Deadline Management

Monitor forfeitures and judgments by jurisdiction and ensure time-sensitive actions occur (e.g., motions/petitions where permitted, payment timing, documentation for set-asides/discharges). Use court minutes/online systems and direct court contact as needed to validate status and avoid missed deadlines.

Receivables, Payments, and Reimbursement Support

accounts receivable research and coordinate appropriate communication/follow-up (including demand letters and payment plans where applicable). documentation for payments (BIC/BSS/BUF), ensuring proper backup, tracking, and that discharges/status updates are completed after payment where required.

Operational Risk Controls (Runoff Lifecycle)

Ensure runoff files include required reporting and documentation and remain current throughout the runoff period. Support end-of-runoff steps such as BUF closure, affidavit tracking, confirming liabilities cleared, and verifying required reports are clean before funds are released.

Coordination with Recovery / Legal / External Parties

Monitor and coordinate activity with recovery agents and outside counsel on runoff matters as needed. Communicate professionally with agents and, where appropriate, courts/clerks/DA offices to obtain status updates and move items forward.

Required Qualifications

Some experience in an office/operations role where you handled paperwork, deadlines, and follow-upsStrong attention to detail and the ability to stay organized with multiple tasks at onceComfortable sending professional emails and making phone calls when neededClear, professional written communication (letters, emails, documentation notes)Able to work in Microsoft Outlook, Word, and Excel (basic level is fine)Reliable, consistent, and willing to learn new systems and processesAble to handle sensitive information with professionalism and discretion

Preferred Qualifications

Experience in a role that involved tracking deadlines, staying organized, and following up until issues were resolvedExperience working with time-sensitive documents (insurance, legal, compliance, HR, finance, medical office, or similar)Comfortable communicating with outside parties (customers/clients, vendors, agencies, or other third parties) by email and phoneExperience keeping organized electronic files and maintaining clear notes for others to followFamiliarity with reviewing reports, spreadsheets, or logs to spot missing items or discrepancies (basic level is fine)Comfort interacting with courts/clerks and navigating public case systems

What Success Looks Like

High-risk accounts are identified early and escalated appropriatelyForfeiture/judgment deadlines are met—no preventable prohibits/shutdown-type outcomesFiles are complete, defensible, and easy to followExposure is reduced through timely action, documentation, and follow-up