The Office of the Vice President for Finance and Deputy Treasurer is responsible for all aspects of University finances, including treasury services, accounting, taxation, financial planning and reporting, financial performance, risk management, financial controls, procurement services, financial information systems, and Facilities and Auxiliary Accounting Services.
Under the direction of the Director of Risk Management (DRM), the Risk Management Analyst (RMA) works to preserve University of Delaware (UD) assets through the minimization of institutional losses and exposures. The RMA works with the DRM to effect activity and outcomes concerning all Property/Casualty, Athletic Accident, Student Health Insurance Programs, Travel Duty of Care and other assigned functions at UD. The RMA requires professionalism, judgment along with emphasis on financial and administrative acumen while assisting the DRM in all aspects of Risk Management at the University.
Risk Management Analyst Responsibilities:
Monitor and evaluate UD’s, and insured affiliates, property, casualty, environmental, fiduciary, and special risk insurance programs considering existing and evolving exposures.
Utilize program/policy exposure and premium data to assist with departmental exposure/cost allocation.
Assisting the DRM with proving guidance to various UD departments concerning compliance and improvement of existing Risk Management policies.
Engage with University's Brokers and Third-Party Administrators (TPA’s) and insurance carrier underwriters.
Assist the DRM with implementation and compliance with internal and external Risk Management policies and procedures and assist with the administration of Student Health Insurance Program (SHIP).
Respond to inquiries from employees, students, business affiliates and the general public regarding UD Risk Management policies.
Facilitate annual property insurance inspections with UD personnel, insurance brokers, insurance carrier loss control and underwriting personnel.
Respond to Certificate of Insurance (COI) requests from various internal/external department and agencies affiliated with UD; confirm various UD insurance requirements.
Work with Environmental Health and Safety (EHS) concerning the investigation and resolution of incidents, occurrences and potentially hazardous conditions.
Field questions/concerns and assists the DRM with the coordination of the Travel Duty of Care (TDOC) Program.
Maintain claims database and prepare monthly management reports summarizing all claims and current status.
Assist the DRM with all other aspects of the Institutions Risk Management program.
Bachelor's degree with three to five years related experience, or equivalent combination of education and/or experience
Insurance or Risk Management experience.
Experience with data and statistical analysis.
Knowledge of Microsoft Office programs.
Effective communication and interpersonal skills.
Ability to use spreadsheet, database, and presentation software.
Ability to handle confidential information appropriately and to use tact, discretion and good judgement.