Senior Risk Analyst

Position Description

Tacoma Public

Utilities (TPU) is seeking a highly skilled and experienced Senior Risk Analyst to oversee all aspects of our comprehensive risk

management and insurance program. This critical role ensures the financial

stability and operational continuity for our organization.

Key Responsibilities

The Senior Risk Analyst will serve as the primary expert in managing and mitigating organizational risk

across the entirety of TPU including Tacoma Power, Tacoma Water, and Tacoma Rail.

Insurance Management

& Procurement

- Analyze, purchase,

and maintain excess liability and property & casualty insurance policies

for all TPU divisions.

- Prepare detailed

applications for renewal and purchase of insurance policies.

- Administer the

insurance renewal process, acting as the key liaison between the insurance

broker, department contacts, and the Insurance Committee.

- Collaborate with the

City of Tacoma Risk Management Team to ensure alignment in coverage and broker

strategy.

- Maintain and apply

existing insurance coverage, advising departments on their policies and how

they affect operations.

- Analyze risk

exposure and recommend the purchase of additional coverages as needed.

Claims

Administration & Litigation Support

- Administer, process,

and investigate third-party claims for damages against TPU. This includes

communicating, negotiating, and procuring settlements and releases with

claimants or their attorneys.

- Process and

investigate first-party subrogation claims, pursuing responsible parties for

damages against TPU and determining appropriate demand amounts.

- Represent TPU in

small claims court and file suits on behalf of the Utilities.

- Assist the City

Attorney’s Office in the defense of TPU in litigation filed against the

Utilities.

- Document all claims

processing information, including setting reserve amounts for pending

settlements, within the Origami Risk Management system.

Risk Mitigation

& Training

- Provide ongoing

training and guidance to staff across the Utilities on best practices for risk

management and mitigation strategies.

- Advise and work with

departments and the City Attorney’s Office to ensure the safe, satisfactory,

and compliant operation of TPU facilities.

Financial Reporting

& Disaster Recovery (FEMA)

- Gather and report on

financial figures related to risk management, claims, and insurance.

- Conduct FEMA

reporting to the State of Washington, gathering and tabulating costs in a

timely manner from each department by county following major events or

disasters to ensure efficient reimbursement.

- Provide subject

matter expertise to the Insurance Committee and the Public Utility Board

regarding insurance needs and purchasing.

Qualifications Minimum Education*

Bachelor's degree in risk management, law, business administration or directly related field

Minimum Experience*

4 years of risk management experience

- Relevant education and experience may substitute for one another on a year-for-year basis.

Licensing, Certifications And Other Requirements

Washington State Driver's License

Associate in Risk Management (ARM) desired.

Knowledge & Skills

Selection Process & Supplemental Information

City of Tacoma Commitment to Diversity and Inclusion

At the City of Tacoma, we're on a mission to make our workforce as diverse and inclusive as the community we serve. We're committed to eliminating racial and other disparities, and we actively seek out candidates from a wide range of backgrounds and cultures. Join our team at the City of Tacoma and help us build a more vibrant, inclusive, and equitable community for all.

The City of Tacoma believes that diversity of thought, background, and experience contributes to our success and innovation. If you’re passionate about this role and our mission, we encourage you to apply. If you have a less traditional background, we want to hear about your transferrable skills and experience. We value a variety of perspectives and are excited to see what you bring to the table.

Apply

Interested individuals should apply online by completing the application and attaching a resume and cover letter by the closing date and time listed on the job announcement. Applications received without attaching the required materials may not progress in the selection process.

Compensation & Benefits

Pay Details:

Hourly Rate: $42.68- $60.08

Annual Salary: $88,774.40- $124,966.40

Employee Benefits | City of Tacoma

Get Assistance

For assistance with the application process or questions regarding this job announcement please contact the Human Resources office at (253) 591-5400 by 4:00 p.m. of the closing date of the job announcement.

For technical difficulties using the NEOGOV system, call the applicant support line at 1-855-524-5627 between 6:00 a.m. and 5:00 p.m. Pacific Standard Time. This will allow us to assist you before the job announcement closes.

Communication with the City of Tacoma

We primarily communicate via email during the application process. Emails from Tacoma.gov and/or governmentjobs.com should be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk email folders.