What are the responsibilities and job description for the ASSISTANT VICE PRESIDENT OF RISK MANAGEMENT position at SMART?
Job Title: Assistant Vice President of Risk Management
Office: Safety & Training
Section: Risk Management
Office: Safety & Training
Section: Risk Management
General Summary
Under general supervision, the Risk Manger is responsible for administration of Risk Management.
Duties and Responsibilities
- Identifies a need and prepares specifications for, purchases, monitors and administers Authority property and casualty insurance policies; including excess insurance coverages and self insurance programs which include Auto Liability, and Workers’ Compensation and Personal Injury Protection (PIP) General Liability.
- Analyzes incident, injury claims, Workers’ Compensation and Vehicle Liability claims and prepares recommendations for risk reduction strategies.
- Responsible for risk identification and analysis; recommends amendments to insurance accordingly. Includes review of leases, purchase agreements and other contracts of indemnification.
- Prepares budget for insurance policy premiums, self-insured claims cost, claims servicing agent fees, and miscellaneous insurance related funds and other expenses.
- Selects and maintains contact with insurance brokers or agents as necessary to obtain information and policy interpretation.
- Develops and coordinates systems and procedures to assure prompt reporting of claims.
- Performs other related duties as assigned.
Knowledge, Skills and Abilities
- Bachelor’s degree in Business, Science, Public Administration, or equivalent.
- Minimum six years progressively responsible experience in insurance/risk management, including supervisory and/or management experience.
- An equivalent combination of education and experience may be substituted for minimum requirements.
- Successful completion of the American Institute for Chartered Property Casualty Underwriter (AICPCU) Associates in Risk Management (ARM) curriculum.
- Proficient in the use of Windows-based MS Word and MS Excel applications.
- Ability to communicate effectively, orally and in writing.
SMART is an Equal Opportunity Employer – Minority / Female / Disability / Veteran / Gender Identity / Sexual Orientation / Age
THE AUTHORITY RESERVES THE RIGHT TO REVISE OR CHANGE THIS JOB DESCRIPTION AT ANY TIME.
