Position: Risk Manager
Reports to: Department: Operations
Classification: Non ExemptDivision:

Objective:

    This is a mid-level management position the objective of which is to manage a variety of responsibilities within Hudson Group’s Risk Management Function through partnerships with both internal and external resources. Candidates should be able to demonstrate the following:
  • Wide exposure to safety, workers’ compensation claims, claims analysis, risk management administration and risk financing programs.
  • Experience with controlling and reducing workers' compensation expense through aggressive claims management.
  • Experience in a retail environment.
  • Ability to successfully partner with both internal and external resources.

    Responsibilities:
    Strategic Activities-

  • Identify and utilize appropriate risk management benchmarking tools
  • Suggest and develop risk improvement programs in conjunction with Operations
  • Manage risk management vendor review and selection efforts
  • Develop relationships, hold periodic meetings and establish written service agreements with all risk management vendors in conjunction with Finance
  • Work with Finance to recommend appropriate risk financing vendor partnerships
  • Develop and manage the Risk Management budget
    Safety/Pre-Loss Activities:
  • Partner throughout the company regarding safety
  • Remain current on OSHA requirements
  • Management OSHA interactions (including investigations)
  • Analyze claims trend data to recommend process revisions
  • Keep OSHA logs current and accurate and prepare annual OSHA surveys
    Risk Financing Activities:
  • Prepare information for insurance programs
  • Assure accuracy and completeness of all insurance policies
  • Review retrospective premium adjustments and/or program audits
    Communication Activities:
  • Develop and maintain a means for communicating Risk Management policies and procedures
  • Develop and maintain a means for communicating claims information
  • Attend regularly-scheduled meetings with internal partners
  • Interact with key partners regarding risk issues
    Claims Activities:
  • Notify insurers of claims
  • Self-administer minor third party property damage claims
  • Participate in claims settlements
  • Develop third party administrator performance standards and manage the third party administrator based on these standards
  • Manage third party administrator claims reviews
  • Develop early reporting guidelines
  • Develop Return to Work guidelines and educate HR/Operations regarding the guidelines
  • Respond to questions regarding claims
  • Work with Legal to resolve insurance coverage disputes
  • Work with Legal to manage litigated claims
  • Identify and explain trends in claims frequency and severity
  • Identify and analyze “Major” claims
    Management Reporting Activities:
  • Prepare and distribute periodic reports to Operations and finance
  • Prepare and submit monthly accounting reports/entries
  • Prepare an annual report to the Executive Management Committee
    Risk Management Administrative Activities:
  • Analyze the value of tracking incoming certificates of insurance
  • Track incoming certificates of insurance, if deemed appropriate
  • Prepare and keep current a Risk Management Manual
  • Maintain current and historical insurance policy summary information
  • Prepare and keep current desktop procedures for risk management administrative activities

    Requirements:

    • Five to ten years experience in corporate risk management/safety/claims.
    • Strong oral and written communication and interpersonal skills, including an ability to communicate at all levels of the organization.
    • Leadership skills with the ability to communicate the importance of risk management, including safety, throughout the organization
    • Strong Partnership building skills
    • Proven success in a teamwork environment.
    • Strong Organization, project management and time management skills
    • Strong Analytical skills
    • Proven resource management skills
    • Strong understanding of claims and claims management
    • Understanding of OSHA requirements and ability to work with OSHA
    • Strong workers’ compensation claims knowledge.
    • Good knowledge of insurance policies.
    • Broad knowledge of desktop computer applications in order to prepare analyses of insurance data.
    • Candidate must demonstrate the ability to execute and implement.

      Key Skill Sets:

      • Leadership skills with the ability to communicate the importance of risk management, including safety, throughout the organization
      • Partnership building skills
      • Organization, project management and time management skills
      • Analytical skills
      • Resource management skills
      • Written and oral communication skills