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Risk Management Administrator in Dallas, TX at Penhall Company

Date Posted: 1/13/2020

Job Snapshot

Job Description

Position Summary: The Risk Management Administrator is responsible for:

  1. Managing all insurance and safety issues that may expose Penhall Company to litigation or insurance claims, including and not limited to identifying, evaluating, controlling and minimizing Penhall’s exposure to loss or damage to physical assets, fidelity losses, and losses arising out of liability claims.
  2. Manages all automobile liability, fire, and property damage claims, including communications with attorneys, claims reviews, investigations, and negotiations of settlements.
  3. Maintains records and databases related to all property and casualty losses and reporting.
  4. Process and record financial transactions in Vista and RM Records Management.
  5. Works with insurance carrier and broker to compile and analyze data to develop and recommend policies and best practices to Penhall leadership.  
  6. This position acts as lead and liaison with insurance adjusters, legal counsel, safety managers, insurance brokers to coordinate risk management matters.  
  7. Supervisory Relationship This position reports to the Vice-President of Risk Management.

 

ESSENTIAL FUNCTIONS 

  1. Critical Skills: Must be collaborative; a team player; persuasive and firm in enforcing risk management and workers’ compensation standards and compliance.
  2. Critical Skill: Must be comfortable using the telephone to communicate with internal and external clients.
  3. Critical Skill: Must exercise good judgment and discretion; keep departmental matters confidential.  Share information only on an as-needed basis.
  4. Critical Skill: Position requires a lot of walking during the day.
  5. Assists the VP, Risk Management, to identify property loss exposures and work with liability company(s) on appropriate levels of insurance coverage.
  6. Supervises the audit of insurance premiums and costs and distribution of costs within Penhall
  7. Assists the CFO in managing the risk budget including ensuring expenses do not exceed budgeted allocations; coordinates and approve requisitions for replacement purchases.
  8. Maintains personal contact with branch managers, safety managers, and employees, on claims, and as necessary.
  9. Works with the insurance broker on COI process and compliance.
  10. Coordinates the flow of information throughout the company structure for a continual improvement of processes.
  11. Monitors case closing action, coordinates negotiations for settlement of claims wherein court action is not involved with claims adjuster and prepares reports for determined action.
  12. Prepares insurance bid specifications for the purpose of obtaining premium fees and updates on an ongoing basis.
  13. Makes recommendations regarding the adjusting and settlement of liability and property claims.
  14. Investigates property damage claims and losses, submits reports to the third-party claims administration and assists in property claims management. Evaluates insurance coverages’; identifies exposures and assesses liability through evaluation of claim loss statistics and trends. Provides each department with loss statements for worker’s compensation, general liability and auto losses.
  15. Negotiates with insurance companies, brokers, or agencies with respect to premiums, terms and conditions, renewals and modifications of insurance contracts.
  16. Determines coverage, responsibility, compensability and if there is subrogation or safety issues for each claim.
  17. Manages claims to achieve quality results and expense controls and negotiate settlement of claims for closure to minimize Penhall’s exposure.
  18. Determines coverage, responsibility, compensability and if there is subrogation rights or safety issues for each claim.
  19. Plans and coordinate various liability and workers’ compensation insurance policies.
  20. Coordinates workers’ compensation claims investigation; investigates and resolves issues on claims.
  21. Coordinates return-to-work and light duty programs.
  22. Works with adjusters on workers’ compensation claims to coordinate for closure; works closely with insurance claims management team and attorney.
  23. Provides support to the contracts, legal and risk management teams and functions as needed.
  24. Experience - Five years of increasingly responsible professional experience in risk management, liability insurance (working in an insurance or legal office dealing with claims), workers’ compensation, and background in litigation required.

 

Job Requirements

  • High school diploma or GED equivalent
  • Sales experience
  • Computer / technical knowledge
  • Strong written and verbal English communication skills
  • The ability to interact continuously and effectively with Penhall Company field, dispatch and management personnel
  • The ability to manage multiple priorities and work to deadlines
  • Tech savvy and the ability to learn new system(s) as required
  • Professionalism and confidence
  • A flexible, coachable, trustworthy, and affable demeanor

Penhall Company is an Equal Opportunity Employer. Penhall Company encourages qualified females, minorities, veterans, disabled persons to apply.

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