Risk Manager

Risk Management Specialist

Under direction plans, directs, and coordinates risk and insurance programs intended to control financial risks, losses, and liability for a local jurisdiction, agency, or other government entity; does related work as required.

The examples of duties for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.

Positions in this class are responsible for the formulation, implementation, and monitoring of procedural policies as they relate to insurance, safety, claims, and settlement of losses. The risk manager may or may not have supervisory responsibilities over a subordinate staff although occasional direction may be provided to employees during the performance of their duties. Some of the technical analysis work may be accomplished on a contractual basis by a firm specializing in loss control or risk identification.

Insurance risk management is a systematic effort on the part of top administrative staff, as guided and advised by the risk manager, to conserve general assets of a jurisdiction or other similar government entity through prevention and control of accidental loss. In the insurance field there is a specific approach to managing accidental loss and these individuals are thoroughly knowledgeable in the principles and practices of risk or loss control analysis work. At this level these individuals are responsible for one or more of the following insurance and risk program areas: planning and advising on the direction of an extensive (jurisdiction-wide) and complex insurance risk program, studying long range needs and recommending policy and procedures through the jurisdiction's departments to meet the goals for an extensive insurance risk program, serving in connection with an extensive risk insurance program and claims processing as a representative of the jurisdiction to outside insurance agents, combining a working knowledge of information systems, fiscal management, data processing with technical insurance analysis, and evaluation work.

Positions in this class may also be involved in administering insurance programs such as fidelity, surety, liability, property, group life, medical, pension plans, workers' compensation for a government entity, and making recommendations to top management regarding various activities on which insurance is dependent; namely, safety inspections and studies, claims investigation and loss control, safety training, and policies and procedures pertaining to insurance and related fiscal matters. The work performed involves such functions as determining the kinds and amounts of commercial insurance needed, making analysis to determine reasonable rates, adequacy of coverage, and propriety of related provisions in insurance contracts, developing insurance program policies and procedures, and recommending the purchase of insurance. In some settings individuals in this class are responsible for ensuring adequate employee benefits plans for medical and dental, group life, pension plans, and so forth.

Typical qualifications include meeting one of the following or a combination of both experience and education: thirty (30) semester-hour credits are equal to one (1) year of relevant experience. Nine (9) years of professional experience, two (2) years of which shall have been in a supervisory capacity, involving the investigation or analyses of insurance claims to determine the extent of the liability and/or negligence of the insured; or the coordination of insurance and risk management activities for the purpose of protecting the public, employees, and property from physical harm or other damage and to reduce the liability exposure of an employer; or safety program management and/or accident prevention and loss control and/or accident analysis and report writing of same; or the commercial underwriting of property and casualty insurance; or the negotiating with claimants the settlement of property and casualty insurance claims. OR possession of a bachelor's degree from an accredited college or university; and five (5) years of the above-mentioned professional experience, two (2) years of which shall have been supervisory capacity.