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City of Austin - JOB DESCRIPTION

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Risk Analyst


FLSA: Standard/Exempt EEO Category: (20) Professionals
Class Code: 17994 Salary Grade: TC6
Approved: April 09, 1998 Last Revised: July 11, 2019


Purpose:
 

Under general supervision, develop, administer, and implement risk management programs within one or more departments or Citywide.

Duties, Functions and Responsibilities:
  Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
  1. Conducts analysis of potential risks to the City and recommends risk management techniques and actions minimizing or transferring exposures and financing losses.
  2. Coordinates property and casualty insurance programs and recommends changes in policy forms, coverage, and deductibles. Coordinates property loss control engineering.
  3. Researches industry best practices and writes requests for proposals to secure the services for self-insurance and risk management functions.
  4. Evaluates, identifies, and recommends solutions for existing programs, including monitoring the implementation of agreed upon solutions until problem resolution.
  5. Develops and implements systems and procedures to ensure that vendors are in compliance with all contractual provisions.
  6. Compiles and analyzes self-insurance and/or premium costs, industry and reserve trends and benchmarks, performance-based incentives, and statistical data.
  7. Provides recommendations for new initiatives and program improvements. Plans, designs, develops, implements, and evaluates programs within area of specialization for Citywide use.
  8. Analyzes contracts between the City and outside vendors and determines the scope and provisions of all insurance coverage and provisions required by the City.
  9. Develops, implements, and conducts training and/or group meetings to collect or distribute information.
  10. Provides consulting to departments and the public on insurance coverage reviews, interpretations of coverage, property and liability exposures, and causes of loss.
  11. Completes property valuations (physical appraisals) for insurance and participates in discussions with departments and carriers to evaluate findings.
Responsibilities - Supervisor and/or Leadership Exercised:
 

May lead and train others.

Knowledge, Skills, and Abilities:
  Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
  • Knowledge of risk management technique and practices.
  • Knowledge of Commercial Property and/or Casualty insurance policies.
  • Knowledge of Federal, State, and Local laws and ordinances governing commercial insurance and/or risk management techniques.
  • Knowledge of City practices, policies, and procedures.
  • Skill in oral and written communications.
  • Skill in handling multiple tasks and prioritizing.
  • Skill in using computers and related software.
  • Skill in data analysis and problem solving.
  • Skill in planning and organizing.
  • Ability to work with frequent interruptions and changes in priorities.
  • Ability to lead others.
  • Ability to develop and maintain current knowledge of Risk Management Programs.
  • Ability to work with frequent interruptions and changes in priorities.
  • Ability to establish and maintain good working relationships with other City employees and the public.
Minimum Qualifications:
 
  • Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to the job, plus four (4) years of experience in assigned areas of risk analysis/management or commercial insurance underwriting.
  • Experience may substitute for the education up to the maximum of four (4) years.
Licenses and Certifications Required:
 

None


This description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of duties and responsibilities shall not be held to exclude other duties not mentioned that are of similar kind or level of difficulty.