Risk Management Coordinator

Job Description

Supports the Department of Risk Management to ensure program goals and objectives are accomplished within prescribed time-frame and funding parameters. This position will primarily focus on the review, renewal, and maintenance of various insurance policies, ensuring adequate coverage for the organization's risks while optimizing costs. The ideal candidate will have a strong understanding of insurance principles and excellent analytical and communication skills.

Job Responsibility

• Critically review existing insurance policies (e.g., General Liability, Property, Workers' Compensation, Professional Liability, Cyber Liability, etc.) to identify potential gaps in coverage, exclusions, and areas for improvement.
• Lead the insurance renewal process, including gathering necessary information, communicating with brokers, analyzing quotes, negotiating terms, and ensuring timely policy renewals.
• Liaises with relevant departments and outside parties to ensure information provided is comprehensive and received in timely manner.
• Coordinates the legal expenses and indemnity payments for the organization.
• Obtains and processes authorization documents and payment requests.
• Tracks and maintains records of payments to third party administrators.
• Reviews and determines appropriate handling of incoming correspondence.
• Enters information into data management system.
• Reports to management on the status of projects, maintains appropriate files, follows up on tasks and open items.
• Plans and organizes relevant meetings and conference calls, reviews meeting materials, and prepares presentations, when necessary.
• Performs special projects and prepares data analysis reports for management.
• Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Job Qualification

• High School Diploma or equivalent required.
• 1-3 years of relevant experience, required.
• Risk management with insurance knowledge preferred.

*Additional Salary Detail

The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).