Risk Administrator

Position Summary:  

The Risk Administrator will lead the identification, communication, measurement, and management of company-wide physical risk which shall include management of workers’ compensation claims, insurance procurement/claims reporting, and development/implementation of risk management and compliance policies/procedures.

Position Responsibilities:

• Track and manage the team’s Workers’ Compensation Program. Work extensively with legal team, outside counsel, people operations and third-party administrator(s) on the administration of pending claims
• Manage the worker’s compensation and staff incident reporting program, and process, assess and report claims to carriers/TPA as appropriate
• Differentiating workers’ compensation and personal health medical bills and filing personal health bills with health insurance company, as needed
• Required OSHA recordkeeping and yearly reporting to OSHA regarding all on-the-job injuries including a detailed report, as well as any required immediate OSHA incident reporting
• Manage relationships with third party insurance providers including brokers, underwriters and third-party administrators
• Evaluate, provide recommendations regarding selection, and assist in the drafting of insurance policies
• Coordinate and submit, as necessary, the gathering of insurance policy renewal applications
• Compile incident reports and claims or losses
• Investigate, resolve and respond to liability claims
• Provide timely notice of potential claims to insurance carriers
• Develop and communicate plans to address loss events
• Assist with annual P&C insurance portfolio
• Identify potential risk exposures, recommend solutions, implement approved programs, promote loss prevention, update and monitor compliance
• Conduct company-wide risk assessments to ensure enterprise risks are identified, evaluated and managed
• Partner with key stakeholders to develop and implement standards, processes, programs and best practices related to risk management
• Review agreements for applicable insurance requirements and risk mitigation provisions
• Additional risk management duties as requested