Risk Management Specialist

3 hours ago


Newark, New Jersey, United States NJ TRANSIT Full time
Risk Management Specialist

At NJ TRANSIT, we're committed to delivering safe, reliable service to our customers. As a Risk Management Specialist, you'll play a critical role in minimizing possible risks or losses for our organization. Your responsibilities will include identifying claims or accidents involving damage to NJ TRANSIT property, investigating subrogation potential, and negotiating settlement of claims.

Key Responsibilities:
  • Identify claims or accidents involving damage to NJ TRANSIT property and investigate subrogation potential.
  • Negotiate settlement of claims with responsible parties' insurance companies, businesses, and individuals.
  • Research and analyze defense and indemnification provisions of third-party contracts.
  • Handle subrogation claims in accordance with NJ TRANSIT's current contract with private bus/light rail operators.
  • Monitor status of litigated claims handled by the New Jersey Attorney General's Office, Debt Recovery Unit.

Requirements:
  • Bachelor's Degree in Business Administration or related area.
  • Five (5) or more years' experience in Claims and/or Risk Management.
  • Excellent verbal, written, interpersonal, analytical, and negotiation skills.
  • Strong computer skills with a knowledge of MS Office Products.

Benefits:
  • Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision.
  • Flexible Spending Account.
  • Life Insurance.
  • Paid Leave.
  • Tuition Assistance.
  • Pre-Tax Commuter Benefits Plan.
  • Retirement Plans.


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