Risk Management Specialist

Job Responsibilities

• Review client contracts, master service agreements (MSAs), statements of work (SOWs), and related documents to identify insurance provisions.
• Evaluate contractual risk transfer requirements and ensure alignment with company risk management policies, insurance programs, and operational capabilities.
• Identify non-standard or high-risk requirements and recommend practical edits aligned with company standards.
• Draft, revise, and maintain standard insurance and risk management contract language, playbooks, and negotiation guidelines.
• Partner with Legal, Sales, Operations, and Finance teams to facilitate timely insurance and risk-related contract terms as needed.
• Support contract administration activities, including tracking review status, organizing documentation, and managing intake through shared workflows or systems.
• Provide guidance and training to internal stakeholders regarding contractual risk transfer and insurance requirements.

Key Qualifications

• Experience: Bachelor's Degree plus 3-6 years of relevant experience in risk management, insurance, or contract review OR High School Diploma/GED plus 7-9 years of relevant experience in risk management, insurance, or contract review.
• Direct experience reviewing insurance provisions in client or vendor contracts.
• Insurance Knowledge: Background in commercial lines insurance.
• Skills: Ability to interpret insurance policies and apply coverage concepts to contractual obligations, identify non-standard requirements and recommend clear, practical edits, strong attention to detail and sound judgment, clear communication skills, with the ability to explain insurance concepts to non-insurance audiences, organized and comfortable managing multiple priorities in a fast-paced environment.
• PREFERRED QUALIFICATIONS: Experience in healthcare, staffing, or professional services environments, ability to identify trends across contracts and flag emerging risks, experience working with insurance brokers (e.g., quotes, endorsements, coverage feasibility).

Pay

$73,000 - $86,500 Salary Final pay rate is dependent on experience, training, education, and location.