Director, Risk Management
4 weeks ago
Join NJ TRANSIT in Transforming Transportation
Move forward with us. At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time, and we're looking to hire talented folks with a love of learning to make it all possible.
Summary
This position assists with the evaluation of risk, development of risk control strategies, review and negotiation of indemnification and insurance issues for all projects, and the annual corporate insurance renewal. Risk Management is involved with each and every project in the Capital Plan and outside of the Capital Plan. The primary mission of Risk Management is to protect the assets of NJ TRANSIT.
Roles and Responsibilities
Performs risk assessment to identify loss exposures and business risks associated with these exposures in terms of both expected frequency and severity.
Develops risk control strategy to minimize loss exposures with assistance from NJ TRANSIT’s Bus, Rail and Light Rail Safety Department.
Evaluates risk transfer options, including purchasing of commercial insurance, utilization of NJ TRANSIT’s captive insurance company and execution of third-party indemnification agreements.
Procures commercial insurance for the corporation, prepares submission information, attends meetings with underwriters, evaluates coverage options, negotiates terms and conditions of policies through insurance broker.
And so on...
Education, Experience, and Qualifications
Bachelors Degree
in Liberal Arts, Business Administration or related area or equivalent.
Seven (7) or more years
of applied experience in Risk Management/Claims.
Knowledge and Skills
The ability to analyze, interpret and create contracts, review and evaluate insurance coverage and exclusions is required. Strong oral presentation and written skills, proficiency in Microsoft Word, Excel, and Power Point and CS STARS or equivalent risk management system is required. Jurist Doctorate may be substituted for three (3) years of applied experience.
Benefits
At NJ TRANSIT you will enjoy a competitive salary and excellent benefit package:
Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision
Flexible Spending Account
Life Insurance
Paid Leave
And so on...
At NJ TRANSIT we support and depend upon the diversity of our staff. NJ TRANSIT is an Equal Opportunity Employer.
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