Risk & Insurance Manager
City of Altoona, PA · Altoona, PA · 3 wk ago
FinanceFull-time
Responsibilities
- Review, evaluate, and negotiate insurance policies to ensure appropriate coverage and cost-effective pricing
- Manage the insurance portfolio for the parent company and subsidiaries, including renewals, claims administration, and coordination with brokers and carriers
- Oversee a broad range of insurance programs, including: Workers' Compensation, General Liability, Commercial Auto, Product Liability, Ocean Cargo, Professional Liability, Crime, Global Insurance Programs, Pollution Liability, Customs Bonds, Flood Insurance
- Develop and implement enterprise risk management strategies to identify and evaluate operational, supply chain, financial, and strategic risks
- Conduct detailed risk assessments and recommend practical mitigation measures to reduce organizational exposure
- Monitor insurance claims, loss trends, and risk exposure metrics to identify areas for improvement and recommend coverage adjustments when necessary
- Research, implement, and maintain risk management software and reporting tools to support multiple companies and improve data tracking and analysis
- Collaborate with leadership and internal departments to establish risk management protocols and promote a culture of safety, compliance, and risk awareness
- Develop and deliver training programs related to risk management policies, insurance procedures, and compliance initiatives
- Prepare reports, presentations, and risk analyses for the Chief Risk Officer, executive leadership, board members, and regulatory agencies as needed
- Maintain compliance with applicable insurance regulations, reporting requirements, and company policies
Qualifications
- Proven experience in risk management and insurance administration within a large or multi-entity organization
- Strong understanding of risk assessment methodologies, insurance coverage analysis, and claims management procedures
- Experience working with risk management systems, software platforms, and reporting tools
- Advanced proficiency in Microsoft Excel and other data analysis tools
- Strong analytical, organizational, and problem-solving abilities
- Excellent negotiation and vendor management skills
- Strong written and verbal communication skills
- Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, or a related field preferred
- Professional certifications such as ARM, CRM, CPCU, or similar designations are a plus