Job Details
Description
The Insurance Risk Management Specialist will work with the organization’s comprehensive insurance and risk management program, reporting insurance claims in accordance with corporate guidelines. This role involves communication with various corporate functions such as Legal, HSE, HR, etc. regarding ongoing claims, assisting in the administration of the Return-to-Work program, and maintaining internal claims files and processes.
Essential Duties And Responsibilities
The essential functions include, but are not limited to the following:
•Works with a range of insurance claims programs including general liability, auto, workers' compensation, property, D&O, and employer’s liability, and the incident reporting and claims processes.
•Monitors major and critical insurance risks & manages the process for elevating insurance issues to senior management when appropriate.
•Participates in data collection, management, reporting of risk, quality and insurance documents, and correspondence in an organized, confidential, and secure manner through corporate tracking systems.
•Prepare reports and charts using Excel for internal reporting requirements and reports insurance claims as required within corporate guidelines. Presents claims summary reports to legal and senior management on a weekly basis.
•Works with adjusters in various states regarding claims. Assists HSE, HR, and adjusters with the Return-to-Work program.
•Reviews and assesses risk management policies and protocols; makes recommendations and implements modifications and improvements.
•Recommends and implements risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures.
•Creates, maintains and presents risk and reserve reports to executive leadership and senior staff.
•Takes immediate action, as necessary, when aware of practices that jeopardize compliance with state, federal, regulatory, or accreditation guidelines, standards, laws, or policies.
•Assists contracts department to review customer COIs for compliance with Master Service Agreement requirements, and obtains Company COIs for customers.
•Assists legal department in review of real estate lease insurance requirements and obtains compliant COIs for landlords.
•Reviews and tracks insurance deductible and self-insured retention billings for all policies.
•Performs other duties as directed.
Minimum Qualifications (Knowledge, Skills, And Abilities)
•Bachelor’s degree in business administration or related field of combination of education and experience.
•5+ years of insurance and risk management experience.
•Intermediate level with MS Office applications (Outlook, Word, Excel, PowerPoint, etc.)
•Commitment to quality work product and organizational ethics, integrity, and compliance.
•Ability to work effectively in a fast-paced, team environment.
•Interpersonal skills and the ability to effectively communicate, both written and verbally
•Demonstrated decision making and problem-solving skills.
•Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision.
•Strong organizational skills and attention to detail.