Insurance Risk Analyst, Grade 24

Job Description

CLOSING DATE : OPEN UNTIL FILLED

The Montgomery County Self-Insurance Program, established under County Code 20-37, and administered by the Department of Finance , provides comprehensive property and casualty insurance for the County and participating member agencies.

The program provides accurate and timely insurance and risk management advice to County departments and participating agencies and reduces County and participating agency exposure to risk by comparing the cost of commercially available coverage to evaluate the best method of funding exposure to loss;

transferring contractual risk under indemnification / hold harmless agreements; avoiding risk; and purchasing commercial insurance policies.

The Department of Finance is seeking a candidate for the Insurance Risk Analyst position in the Department of Finance, Division of Risk Management, reporting to the Insurance Manager.

The primary responsibilities of this position are reviewing County contracts and other types of agreements including, but not limited to, leases, easements, Memorandum of Understanding, and Right of Entry agreements, for transfer of risk and the development of indemnification provisions.

The incumbent may be assigned additional projects and duties as operationally required.

The successful candidate must possess the following skills :

• detailed knowledge of insurance coverages and limits, and other similar risk transfer instruments.
• ability to analyze Certificates of Insurance for contract required insurance and indemnification compliance (non-insurance transfer).
• ability to analyze contractual scope of work to identify potential risks to determine insurance and similar financial instruments to limit County risk.
• ability to interpret analyses, laws, regulations, policies, and procedures associated with risk management and avoidance.
• ability to develop and make improvements in procedures, forms, and records.
• ability to communicate proficiently orally and in writing to multiple audiences and organizations.
• ability to negotiate successfully orally and in writing.
• ability to attend meetings or perform other assignments at locations outside the primary work location and / or office.
• ability to manage high volume, concurrent projects, and deadlines.

Exceptional customer-service and interpersonal skills to establish and maintain effective working relationships with County staff, County managers at all levels, and contractual staff is critical, as the position has significant interaction with both internal and external colleagues and acts as a subject matter expert related to contractual risk transference and indemnification for the County.

A hybrid work environment will be considered after training is complete.

A criminal background and credit history check will be conducted on the selected candidate prior to appointment and will be a significant factor in the hiring decision.

Additional Employment Information

OHR reviews the minimum qualifications of all applicants, irrespective of whether the candidate has previously been found to have met the minimum requirements for the job or been temporarily promoted to the same position.

This evaluation is based solely on the information contained in the application / resume submitted for this specific position / IRC.

Montgomery County Government is an equal opportunity employer, committed to workforce diversity. Accordingly, as it relates to employment opportunities, the County will provide reasonable accommodations to applicants with disabilities, in accordance with the law.

Applicants requiring a reasonable accommodation for any part of the application and hiring process should contact the Office of Human Resources via email to OHR@montgomerycountymd.

gov . Individual determinations on requests for reasonable accommodation will be made in accordance with all applicable laws.

Montgomery County Government also provides hiring preference to certain categories of veterans and veterans / persons with a disability.

For more information and to claim employment preference, please refer to the Careers webpage on Hiring Preference .

All applicants will respond to a series of questions related to their education, relevant experience, knowledge, skills and abilities required to minimally perform the job.

The applicant's responses in conjunction with their resume and all other information provided in the employment application process will be evaluated to determine the minimum qualifications and preferred criteria status.

Based on the results, the highest qualified applicants will be placed on an Eligible List and may be considered for an interview.

Employees meeting minimum qualifications who are the same grade will be placed on Eligible List as a "Lateral Transfer" candidate and may be considered for interview.

If selected for consideration for this position, you may be required to provide evidence that you possess the knowledge, skills, and abilities indicated on your resume.

Montgomery County Ethics Law : Except as provided by law or regulation, the County's "Public Employees" (which does not include employees of the Sheriff's office) are subject to the County's ethics law including the requirements to obtain advanced approval of any outside employment and the prohibitions on certain outside employment.

The outside employment requirements of the ethics law can be found at19A-12 of the County Code . Additional information about outside employment can be obtained from theEthics Commissionwebsite.

Minimum Qualifications

Experience : Three to four (3-4) years' applicable experience in the insurance, legal, financial, or business administration with a strong focus on contract review and development including one (1) year in either the insurance or the finance and risk insurance industry is required.

Education : Graduation from an accredited college or university with a bachelor's degree in business or public administration, Insurance, or related field with a major in accounting;

or graduation from a recognized school of accounting.

Equivalency : An equivalent combination of education and experience may be substituted.

Preferred Criteria

There are no preferred criteria for this position. Applicants who meet the minimum qualifications will be added to the eligible list and may be contacted for an interview.

Preference will be given to candidates who demonstrate the following :

• Thorough knowledge of insurance coverages and limits and other similar instruments.
• Experience analyzing Certificates of Insurance for contract required insurance and indemnification compliance.
• Experience analyzing contractual scope of work to determine potential risks to determine insurance and similar financial instruments to limit risk.
• Experience communicating and negotiating orally and in writing to multiple audiences.
• Experience interpreting analyses, statements, laws, regulations, policies, and procedures associated with risk management and avoidance.

Minimum Salary 72223

Maximum Salary 115635

Currency USD