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Insurance Risk Manager

Western Illinois University
Macomb, IL Full Time
POSTED ON 3/10/2024
  • Work Department: Vice President of Finance and Administration
  • Class Title/Code: Insurance Risk Manager I (3706)
  • Effective Date: Mar 6, 2024
  • Responsibilities:

    A(n) Insurance Risk Manager I typically -


    • assists in the administration of a university’s commercial property, casualty, and self-insurance programs;
    • assists in conducting negotiations for the purchase of commercial property and casualty insurance;
    • performs the duties necessary for the final disposition of claims, including authorizing payments;
    • supervises the collection of insurance premiums and determines the amount of premium payment to the insurance company;
    • performs research or statistical work when required;
    • administers the student health insurance program for Western Illinois University
  • Required Qualifications:

    CREDENTIALS TO BE VERIFIED BY PLACEMENT OFFICER


    • Any one or combination totaling three (3) years (36 months) from the categories below:
      • Coursework in insurance, risk management, or a closely related field, (such as business administration, finance, or accounting) as measured by the following conversion table or its proportional equivalent:
        • 30 semester hours equals one (1) year (12 months)
        • Associate’s Degree (60 semester hours) equals eighteen months (18 months)
        • 90 semester hours equals two (2) years (24 months)
        • Bachelor’s Degree (120 semester hours) equals three (3) years (36 months)
      • Professional insurance work experience.
    • Two (2) years (24 months) of professional insurance work experience.
    • One (1) year (12 months) of professional insurance experience which involved commercial property or casualty insurance work on an administrative level.
  • Starting Salary: $3810/month
  • Application Deadline: Mar 22, 2024
  • Additional Information:

    Take your career to the 'Necks Level!!

    • Benefits begin on day one with a choice of four health plan options with vision included in each plan
    • The State shares the cost of health coverage with you. Employee monthly contributions are determined by your annual salary.
    • Sick and vacation time accrual begins on day one. Accrue up to 12 sick leave days and 25 vacation days a year
    • WIU offers 12 paid holidays plus additional paid time off between Christmas and New Year's Day
    • Tuition Waiver up to six credit hours per semester at any public state university
    • Paid twice a month by direct deposit

Salary.com Estimation for Insurance Risk Manager in Macomb, IL
$119,810 to $176,205
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