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TECO Energy Risk Analyst in Tampa, Florida

Risk Analyst

Date:May 4, 2021

Location: Tampa, Florida, US, 33602

Company: TECO

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Title: Risk Analyst

Company: Tampa Electric Company

State and City:Florida - Tampa

Shift: 8 Hr. X 5 Days


Provides administration and maintenance of TECO Energy’s Risk Management and Risk Financing programs.


This entry-level position in the progression focuses on maintenance of the risk management and insurance programs. This level performs the primary duties and responsibilities initially with supervision and guidance, while gaining practical experience and the ability to work independently.


  • Provide support to the insurance procurement process to include gathering underwriting data, completing insurance applications and creating underwriting submissions for all corporate insurance renewals. Monitor the receipt of insurance binders, policies and endorsements. Review insurance policies for accuracy and compliance. Manage and organize all insurance policies.

  • Review insurance language and contractual risk transfer provisions in contracts, leases and agreements to protect the company, and ensure compliance with Risk Management guideline requirements.

  • Administer the corporate surety bond program and respond timely and accurately to all regulatory, internal, and customer data requests including inquiries regarding risk management and insurance programs.

  • Assist with the development and preparation of risk management presentations.

  • Prepare and maintain the Risk Management department budget and coordinate the insurance claim process.

  • Coordinate loss control inspections of all facilities with insurance carriers and loss control consultants.

  • Coordinate self-insurance regulatory filings.

  • Perform related duties as assigned.


    Builds Collaborative Relationships

    Cultivates Innovation

    Drives Operational Excellence to Customers

    Speaks up Safety, Health and Environment

    Takes Ownership and Acts with Integrity


    Required: Bachelors’ Degree is required.

    Preferred: Bachelors’ degree in Business, Risk Management, Engineering, Accounting or Finance

    Related Experience

    Required: A minimum of 1-2 years of related experience is required.

    Related experience consists of financial or business analysis, preferably in the utility industry and/or in risk management, claims and insurance, or contract administration.

    Preferred: A minimum of three years of related experience is preferred.

    Knowledge/Skills/Abilities :


  • Broad understanding of the overall business, the sources of risk, and potential options for mitigation;

  • Demonstrated analytical thinking and effective business judgment; Strong communication and writing skills with the ability to communicate effectively in a direct and open manner;

  • Strong organizational and multi-tasking skills; Knowledge of and the ability to develop proficiency in computer software, including Microsoft Word, Excel and PowerPoint.

    Preferred: Familiarity with the risk management process and/or insurance markets.


    Increased duties and responsibilities are focused on improvement in risk management and insurance programs and performed with limited supervision and general guidance.


    In addition to the primary duties and responsibilities of the Risk Analyst I, with increased skill and accountability performs the following:

  • Reviews and analyzes loss history and identifies trends and recommends strategies to manage exposure.

  • Reviews and analyzes exposures to loss and recommends strategies to manage exposure.

  • Provides analytical support in defining cost of risk and implementing benchmarking to track progress in reducing cost of risk.

  • Develop and present educational and training programs to increase risk awareness throughout the organization.

  • Responsible for evaluating and assessing new insurance products and recommending if company should procure.

  • Provides analytical support in mergers and acquisitions activity.

  • Assist in the facilitation of the Risk management process throughout the organization.


    Experience :

    Required: A minimum of three years of experience performing the duties and responsibilities of the Risk Analyst I position; or a minimum of six years of related experience is required.

    Related experience may consist of financial or business analysis in risk management, claims and insurance and/or contract administration, preferably in the utility industry.

    Preferred: Risk management experience in the insurance or utility industry.

    Knowledge/Skills/Abilities :


  • Demonstrated ability to work independently under limited supervision and general guidance

  • frequently exercising the use of independent judgment in the completion of diverse duties.

  • Must have strong analytical and communication skills.

  • Must have proficiency in computer software, including Microsoft Word, Excel and PowerPoint.

    Preferred: Risk Management professional designation such as ARM, CRM, CPCU, etc.

    TECO offers a competitive Benefits package!!

Competitive Salary 401k Savings plan w/ company matching * Pension plan * Paid time off Paid Holiday time * Medical, Prescription Drug, & Dental Coverage *Tuition Assistance Program * Employee Assistance Program * Wellness Programs * On-site Fitness Centers * Bonus Plan and more!

STORM DUTY REQUIREMENTS....Please make sure to read below!!! Responding to storms will be considered a condition of employment.

TECO Energy and its companies serve a role in providing critical services to our community during an emergency. Team members are required to participate in the response/recovery activities related to emergencies/disasters to maintain service to our TECO Energy customers. Team members are required to work in their normal job duties or other assigned activities. Proper compensation will be made in accordance with the company's rules and procedures.

TECO Energy is proud to be an Equal Opportunity Employer.

TECO Energy is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law, except where physical or mental abilities are a bona fide occupational requirement and the individual is unable to perform the essential functions of the position with reasonable accommodations.

In order to provide equal employment and advancement opportunities for all individuals, employment decisions at TECO Energy will be based on skills, knowledge, qualifications and abilities.

Pay Transparency Non-Discrimination Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

ADA policy

It is the policy of TECO Energy to provide reasonable accommodation for all qualified disabled individuals who are employees and applicants for employment, unless it would cause undue hardship. The corporation will adhere to applicable federal and state laws, regulations and guidelines, including, but not limited to the Americans with Disabilities Act (ADA) of 1990 and section 503 and 504 of the Rehabilitation Act of 1970s.

Application accommodations

Applicants may request reasonable accommodation in the application process five business days prior to the time accommodation is needed.

Pre-employment physical exams may be required for positions with bona fide job-related physical requirements regardless of disability.