Risk Management Specialist
4 days ago
We are seeking a seasoned Risk Management Specialist to join our team at US Foods, Inc.
Compensation and BenefitsThe estimated base salary for this role is between $75,000 and $120,000 per annum. In addition to the base salary, the successful candidate will also receive an annual incentive plan bonus. Our comprehensive benefits package includes health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance.
Key Responsibilities- Insurance:
- Partner with Director, Risk Management in the placement of all property and casualty insurance programs.
- Assist the collection and review of exposure data for renewal submissions.
- Conduct evaluations of program structures, policy terms, and benchmarking.
- Work on the financial analysis of insurance renewals to aid the development of insurance budget.
- Track spending to budget.
- Routinely communicate with Accounting and Finance functions.
- Claims:
- Oversee the Workers' Compensation program including settlement authority, strategy, and solutions.
- Establish and develop a working relationship with US Foods Risk Management Specialists.
- Participate in stewardship, strategy, claim reviews, and other meetings with third-party claims administrators and outside defense counsel.
- Perform quality review on claims in compliance with audit requirements, service contract requirements, and quality standards.
- Ensure compliance with state requirements filings.
- Work with in-house legal and TPA on liability claims.
- Work with carrier and locations on property damage claims.
- Other:
- Proficient working with internal and external RMIS systems.
- Understands the data flow between internal and external systems, takes ownership for establishing reports, and assessing data obtained.
- Demonstrates the ability to transfer data to meaningful dashboard reports for management.
- Identifies and advises manager of trends, problems, and issues as well as recommended course of action.
- Informs management of new procedures and ideas for continuous process improvement.
- Coodinates with management projects for the office.
- Minimum Qualifications:
- A minimum of 5 years of experience in risk management or insurance.
- Education:
- Bachelor's degree required, Business or Finance degree or relevant work experience required.
- Preferred Qualifications:
- Operate independently within own scope of responsibility.
- Handle multiple tasks with competing requests.
- Able to draw conclusions and make recommendations.
- Strong analytical, financial, and problem-solving skills to deal with complex business and technical issues.
- Strong communications skills with ability to effectively interact with all levels of management.
- Solid working knowledge of Excel, including pivot tables, Word, and PowerPoint.
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