What are the responsibilities and job description for the Risk Analyst position at Penn State University?
JOB DESCRIPTION AND POSITION REQUIREMENTS:
Penn State Risk Management is seeking a Risk Analyst. This role will provide technical/professional support to the Insurance Program Manager, Senior Claim Specialist and Chief Risk Officer (CRO). Work with the claims system and liaison with the University's claims partners. Assist in the procurement of insurance and other risk financing models. This is an excellent opportunity for a growth-minded individual to enter an exciting and rewarding career in High Education Risk Management.
Claims Duties
- Oversee the General Liability claims up to an assigned dollar amount and serve as the primary point of contact for University claims partners.
- Triage reported incidents/claims and obtain missing details and documentation required for reporting claims to insurers.
- Assist the claims partners in gathering information about the incidents and claims, including photos and other evidence of an incident scene.
- Assist in maintaining claims reports for the finances of Nittany Insurance Company.
Insurance Program Duties
- Assist the Insurance Program Manager in gathering, consolidating, and preparing insurance underwriting submissions.
- Independently handle assigned insurance renewal policy functions, such as but not limited to: surety bonds, Nittany Insurance Company policies, broadcasting liability, advisory boards, alumni organizations, property cargo transit, and host event liability.
- Monitor invoicing and insurance policy issuance (including mid-term changes) so that both are processed timely and accurately.
- Issue Certificates of Insurance and review requests to modify the University's insurance requirements.
This position typically requires a Bachelor's Degree or higher plus 4 years of related experience or an equivalent combination of education and experience. This position offers a flexible work arrangement that combines remote and on-campus work. Questions related to flexible work should be directed to the hiring manager during the interview process.
Finance and Business is a values driven organization that supports thousands of university faculty, staff, and students, while also providing services to the broader community and society. The Risk Management Office is part of the Finance and Business team and has a vision to help the university make risk-informed decisions to ensure Penn State's long term success and resiliency. Our values model those of Penn State's and we firmly believe in the value of Respect, which encourages us to "respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community." As an incoming team member in the Risk Management Office, it will be expected that all employees embody and model Penn State's and Finance and Business's commitment to diversity, equity, and inclusion.
CAMPUS SECURITY CRIME STATISTICS:
Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988, Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security, such as those concerning alcohol and drug use, crime prevention, the reporting of crimes, sexual assault, and other matters. The ASR is available for review here .
Employment with the University will require successful completion of background check(s) in accordance with University policies.
EEO IS THE LAW
Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applications without regards to race, color, religion, age, sex, sexual orientation, gender identify, national origin, disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability, please contact 814-865-1473.
Penn State Covid-19 Vaccination or Testing Requirements
Penn State is committed to the health of our local and global communities. As a condition of employment, all employees are required to comply with COVID-19 vaccination or testing requirements. Click on Penn State Covid-19 Vaccination or Testing Requirements to learn about the requirements as well as general COVID-19 information at Penn State.