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Risk Management Analyst

Finance

Job Description:

Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible

Summary:

The Risk Management Analyst position supports a broad range of Risk Management & Insurance initiatives and objectives. This position is to assist the Director of Risk Management with the initiatives being undertaken by NJ TRANSIT, to help implement risk management projects, address insurance related matters, and to assist risk management’s analysis and input with regard to reviews and responses to Procurement, Capital Programs, Real Estate, and other department special project requests.

Roles and Responsibilities:

+ Supports a broad range of Risk Management and Insurance initiatives and objectives

+ Provide Risk Management analytical and administrative services across the organization.

+ Collaborates with and provides Risk Management services to various business units (i.e. Real Estate, Procurement, Capital Programs...)

+ Collaborate with insurance brokers and other third parties as required at the direction of the Director of Risk Management.

+ Assists in the annual insurance renewal to procure commercial insurance for the corporation

+ Manages and assists with the certificate of insurance request process

+ Assists in various insurance and indemnification clauses in documents to ensure NJ TRANSIT’s assets are properly protected when contracting with third parties, including the review of certificates of insurance.

+ Assists with contracts regarding insurance and indemnification issues between third parties, including other railroads, commercial tenants, municipalities, contractors, and other transportation agencies.

+ Provide support in the areas of Corporate Insurance Renewal Marketing by supporting initiatives and preparing application and presentation materials.

+ Review insurance binders, policies, and endorsements for accuracy and completeness.

+ Assists with Risk Management and Insurance claims for the corporation.

+ Effectively communicates with insurance broker(s), vendors, insurers, and NJ TRANSIT employees in a timely and professional manner.

+ Assists Director with Risk Management and other special assignments as needed.

Education, Experience and Qualifications:

+ Bachelor’s Degree preferably in the field of Risk Management, Finance, or related area.

+ Or CPCU or Equivalent professional designation.

+ Two (2) or more years experience in Risk Management or Insurance Programs/Marketing Or Preferred business experience.

Knowledge and Skills:

+ Excellent verbal, written, interpersonal, and strong analytical skills required.

+ Highly skilled in prioritizing and multitasking.

+ Advanced Knowledge of insurance policies, terms and conditions.

+ Must have organizational skills and effective negotiation skills.

At NJ Transit you will enjoy a competitive salary and excellent benefit package:

+ Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision

+ Flexible Spending Account

+ Life Insurance

+ Paid Leave

+ Tuition Assistance

+ Pre-Tax Commuter Benefits Plan

+ Retirement Plans

+ 401(a) - Retirement plan with a 6% employer contribution

+ 401(k) - Retirement saving plan with up to an 3% company match

+ 457(b) - Deferred Savings Plan

At NJ TRANSIT

we support and depend upon the diversity of our staff. NJ TRANSIT is an

Equal Opportunity Employer.