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Insurance Risk Analyst Grade 24 Montgomery County MD Job opening - MACo state Maryland ( Job openings )
MACo , state Maryland
( By Press Release office )
2024-03-26T00:00 - 2024-04-25T00:00 | 1 | 0
MD Government Department of Finance
Division of Risk Management, Rockville, MD
Salary Range: $72,223 to $115,635
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 the 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.
MINIMUM QUALIFICATIONS
Experience:
Three to four (3-4) years of 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:
1. Thorough knowledge of insurance coverages and limits and other similar instruments.
2. Experience analyzing Certificates of Insurance for contract-required insurance and indemnification compliance.
3. Experience analyzing the contractual scope of work to determine potential risks to determine insurance and similar financial instruments to limit risk.
4. Experience communicating and negotiating orally and in writing to multiple audiences.
5. Experience interpreting analyses, statements, laws, regulations, policies, and procedures associated with risk management and avoidance.
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 Government offers competitive salaries and excellent benefits.
To view the complete job announcement and apply, please visit our website at
WORK4MCG—Join the MCG Team (montgomerycountymd.gov)
and click the
“Search Jobs and Apply”
tab.
Read the full job description under the
“General Professional”
Job Category.
Interested candidates must create an online account in order to apply.
The requisition number is
IRC61969
This Recruitment will remain open until the position is filled
All resume submissions must address the
preferred criteria
for the position,
which are listed in the full advertisement, preferably in a separate section of the resume.
Applicants are strongly encouraged to review the Resume Preparation Tips
listed under the “Career Resources” tab on the Office of Human Resources’s
WORK4MCG
webpage.
EOE. M/F/H
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