What are the responsibilities and job description for the Risk Management Specialist position at Key Risk (a Berkley Company)?
Company Details
With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong), by S&P.
For further information about Key Risk please visit www.KeyRisk.com .
Responsibilities
The Risk Management Specialist role provides occupational risk assessment and risk management services in support of developing and retaining select clients aligned with the corporate vision and business objectives of Key Risk and serves as a workers compensation client liaison. Through strategic planning and the development of target resources, this role is responsible for aligning services and participating in the risk management process by identifying and supporting opportunities to enhance client management of occupational risk. This individual will actively participate in creating and supporting safety and risk management plans to maintain profitable client accounts and proactively apply business strategies to achieve department and corporate goals.
Key functions include but are not limited to the following:
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
With over 35 years of proven expertise in the workers' compensation industry, Key Risk delivers innovative and responsive solutions that provide our clients the freedom to do what they do best. Offering guaranteed cost options to employers nationwide, Key Risk focuses on delivering products and services within specialized verticals to reduce workers' compensation exposures and deliver industry-leading results.
All products and services are distributed through appointed insurance agents and brokers. Key Risk is a member company of W. R. Berkley Corporation, whose insurance company subsidiaries are rated A (Superior), Financial Size Category XV by A.M. Best Company and A (Strong), by S&P.
For further information about Key Risk please visit www.KeyRisk.com .
Responsibilities
The Risk Management Specialist role provides occupational risk assessment and risk management services in support of developing and retaining select clients aligned with the corporate vision and business objectives of Key Risk and serves as a workers compensation client liaison. Through strategic planning and the development of target resources, this role is responsible for aligning services and participating in the risk management process by identifying and supporting opportunities to enhance client management of occupational risk. This individual will actively participate in creating and supporting safety and risk management plans to maintain profitable client accounts and proactively apply business strategies to achieve department and corporate goals.
Key functions include but are not limited to the following:
- Participate in the client risk management process, identify and support opportunities to enhance client management of occupational risk.
- Provide technical and business management support to Key Risk clients and business units with a focus on reducing incidents and total indemnity cost to improve workplace safety and health.
- Ability to use objective data and information to anticipate, identify, evaluate and analyze physical, environmental, chemical and biological hazards for a myriad of work environments for current and potential client accounts.
- Virtual training and support for clients, including required safety committee initial and renewal training.
- Scheduling and meeting preparation assistance to Client Experience leadership team for necessary onsite client services and meetings.
- Immediately notify management of large exposures and comply with reinsurance reporting requirements.
- Provide risk analysis support to Key Risk Underwriting by evaluating the quality of risks and improving account performance. Develop and implement systems and processes that ensure compliance with Key Risk requirements and guidelines.
- Monitor updates relative to safety and health laws and regulations. Support compliance with state regulations and annual filings.
- Identify potential occupational risk elements and assist in development of alternative solutions.
- Evaluate client progress to ensure expectations are being met.
- Design practices, processes, and procedures that are effective, understandable and repeatable for client accounts.
- Client Onboarding/Service Plan Management
- Onboarding – schedule and conduct meaningful orientations with new policyholders
- Provide claim reporting information and service plan for policy term
- Address questions on PremiumSync/Billing setup
- Introduction and training on the Client Portal
- Support renewal preparation through action items identified in the s
- Account Managment Responsibilities
- Liaison with clients claim representative(s)
- Provide claim reviews in alignment with insured service plan
- Ensure panels are up-to-date (where applicable)
- Manage VirtualMD utilization
- Manage In-Network Provider utilization
- Promote Transitional Duty program
- BA/BS Degree
- Education and interest in gaining experience with a safety and health insurance organization
- Proficient in Microsoft office applications
- Detail orientated and commitment to accuracy with a strong sense of urgency and ability to prioritize needs
- Effective interpersonal and communication skills across various audiences
- Demonstrated analytical thinking and decision-making skills
We do not accept unsolicited resumes from third party recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role