What are the responsibilities and job description for the Risk & Insurance Administrator position at Ikon Search?
POSITION OVERVIEW :
The primary responsibility of the Risk & Insurance Administrator is to oversee the comprehensive insurance and risk management programs by assessing and identifying risks that could impede the safety, security, reputation, or financial success of the company. In this role, the individual will assist in the administration of the company’s property and casualty insurance programs including incidents, claims and mitigation process in support of property operations. The primary focus of the Risk & Insurance Administrator is to reduce risk associated with Environmental Health & Safety (EH&S) issues that drive the majority of the Worker’s Compensation and General Liability Claims. The ideal candidate possesses a passion for risk management, a commitment to process and procedure, and an ability to work within a dynamic, fast-paced entrepreneurial company.
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES :
- Prepares and maintains incident and claims reports.
- Assists in the initial responses to property losses.
- Ensures timely claim reporting and provides ongoing support to appropriate insurers.
- Evaluates claims for reporting and level of severity.
- Manages all claim documents and maintains all claim files, including electronic reporting.
- Monitors, supports and follows up on claims through closure / resolution.
- Coordinates and leads quarterly / annual claims reviews. Ensures carriers are appropriately reserving losses.
- Responds to requests from attorneys and adjusters timely and accurately.
- Reviews and provides analysis on claim results to support policy renewals and negotiations.
- Develops a detailed inspection process focused on GL, WC, EH&S risks inherent to the property operations. Generates and manages workflow through NAA Click & Comply inspection software.
- Maintains & improves hurricane preparedness and disaster contingency plans.
- Maintains a thorough understanding of best practices related to risk management and safety. MAC Rev. 9.21.21
- Assists in development and implementation of safety policies and other workplace procedures.
- Monitors changes related to industry risk trends and insurance regulations.
- Promotes a conflict-free workplace environment and collaborates with Operations and Management teams.
- Enhances the company training platform aligned with mitigating company’s largest risks.
- Oversees distribution of Toolbox Talk and other company safety meetings.
- Makes recommendations and implements modifications and improvements to current operations.
- Displays excellent internal and external customer service by assisting employees and other team members in a courteous and efficient manner.
- Exhibits proficiency in understanding insurance and risk regulations, multifamily safety requirements, and all other federal and state compliance matters.
- Uses discretion and maintains confidentiality of co-workers, employees, management, owners, past and current residents, and vendors.
- Adheres to established regulations related to the Fair Housing Act.
KNOWLEDGE, SKILL AND ABILITIES :
