Risk Manager

Title: Risk Manager


Job Category: 1.2B First/Mid-Lev Officials &Mgrs - Managers


Requisition Number: RISKM001520

Schedule: Full-Time

Job Details

DescriptionThe Risk Manager is responsible for managing EDENS’ insurance and risk transfer programs in partnership with the company’s insurance broker. This role oversees insurance procurement, renewals, claims administration, captive insurance operations and risk reporting to ensure adequate protection of company assets and compliance with internal and external requirements.Essential Duties and ResponsibilitiesInsurance Program Administration

• Coordinate and collect required data for insurance policy
• Manage the annual insurance renewal process, including evaluation of broker recommendations and coordination of presentations to EDENS management.
• Review insurance policies issued by the broker to confirm accuracy, coverage, and
• Review, process and approve insurance invoices.
• Coordinate premium allocation with broker and internal accounting department.

Certificate of Insurance Management

• Oversee the verification and processing of Certificates of Insurance at
• Request Certificates of Insurance from broker and third parties as needed throughout the year.

Claims and Litigation Management

• Serve as the primary point of contact for incident reporting and insurance
• Provide timely notification of claims, summonses, and complaints to insurance
• Partner with EDENS Legal team and Defense Counsel on claims in litigation thru settlement.

• Manage all claim-related activities through final settlement, ensuring efficient handling and accurate documentation.
• Partner with the insurance broker to prepare quarterly claims and loss analyses for EDENS management.

Contract and Risk Review

• Review contracts upon request, including those related to construction, leasing, and legal matters, in coordination with General Counsel and other departments

Captive Insurance Management

• Coordinate calculation of premium with Captive
• Coordinate policy issuance with Captive Manager
• Manage claim documentation, payment with captive
• Review captive manager invoices and coordinate payment
• Review quarterly financial statements prepared by the captive
• Prepare dividend analyses and provide recommendations as appropriate
• Coordinate year-end captive activities with the actuary, auditor, and captive
• Provide documentation required for actuarial analysis and audited financial
• Respond to auditor requests, including claims samples, bank statements, payment documentation, and process narratives.
• Review actuarial analyses and audited financials and present findings to company
• Oversee preparation and timely payment of captive tax returns

Requirements

• Bachelor’s degree in Risk Management, Insurance, Business Administration, or related field (or equivalent experience).
• Minimum 5-7 years of experience in insurance, risk management or related discipline.
• Captive insurance experience preferred.
• Strong knowledge of commercial insurance programs, claims management, and risk
• Experience working with insurance brokers, carriers, attorneys, auditors, and
• Ability to analyze loss data and communicate risk exposure to senior
• High attention to detail and strong organizational
• Ability to work independently and manage multiple priorities and
• Strong written and verbal communication skills
• Available for occasional travel

Qualifications

Skills Behaviors:Motivations:EducationExperienceLicenses & Certifications

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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