Senior Risk Analyst

Company: OmniTRAX, Inc.
Location: Denver
Posted on: February 22, 2021

Job Description:

OmniTRAX is the second-largest private management company of short-line railroads in North America with expertise in simplifying the entire process of shipping by rail. We call it Rail Made Easy. OmniTRAX is a complete shipping partner, using railroads, ports, transloading, logistics, warehousing, and industrial development to help businesses move their products conveniently and efficiently, whether their final destination is across the city or across the world. OmniTRAX is looking to hire a Senior Risk Analyst to join our dynamic team of employees in a fast-growing, fast-paced work environment.The Senior Risk Analyst works with stakeholders across multiple lines of business to mitigate exposure to property and casualty risk and promote the continuous improvement of the organizations' risk management practices. This role is responsible for a broad range of risk management, commercial insurance, and claims management activities and serves as an important resource to risk owners throughout the company, enabling others to make risk-informed decisions in support of achieving business objectives.COMPENSATION AND BENEFITS:* Annual Starting Salary: $86,851* FLSA Status: Exempt, Not Eligible for Overtime* Eligible for Participation - Annual Discretionary BonusESSENTIAL RESPONSIBILITIES:* Support the procurement and administration of all insurance programs including risk identification and assessment, preparation of underwriting submissions, policy review and filing; work independently with insurance brokers to manage the placement of project-specific and other insurance policies for supported lines of business as assigned* Work directly with insurance brokers to place a variety of surety bonds on behalf of real estate and transportation businesses* Responsible for risk identification, analysis, and development of loss control programs and activities; make recommendations regarding risk transfer, mitigation, and avoidance or acceptance* Assess, develop, implement, and communicate policies and procedures that support the continuous improvement of the Risk Management process* Organize and lead company-wide trainings on a variety of topics including return to work programs, claims handling, loss control, workplace violence, and surety bonds* Assist with defining Risk Managements goals and objectives; track and report department performance metrics* Facilitate insurance carrier property/site evaluations, review loss control recommendations with property and asset managers, and issue written responses* Manage requests for certificates of insurance and review third-party certificates to verify compliance or approve variance requests* Responsible for daily review and approval of insurance requirements in customer, vendor, and contractor agreements; collaborate with manager and insurance broker to update standard insurance requirements for template contracts as needed* Manage, report, and monitor complex property and casualty claims effectively and efficiently to control claim costs; coordinate with adjusters, third-party administrators, nurse case managers, and various internal stakeholders to ensure appropriate and timely resolution* Administer Federal Employers Liability Act (FELA) workplace injury cases for railroad employees, working with Human Resources, nurse case managers, and local management to offer modified duty and adjust wages per the Return to Work Policy (RTW); lead monthly 'Return to Work' presentations for internal review of open cases* Maintain and manage reporting of accurate claims experience on all lines of insurance for multiple lines of business; conduct audits and reconciliations of RMIS claim data with carrier loss runs* Participate in and perform tasks associated with mergers and acquisitions due diligence and integration of new assets and employees* Provide advice and guidance to all stakeholders on risk management and insurance matters, handling technical inquiries and assisting Risk Analyst as needed* Ensure proper maintenance and organization of all departmental files and compliance with document retention policies; prepare allocations and track payment transactions for insurance premiums and broker fees* Serve as an administrator the Risk Management Information System (RMIS), managing user access and training, system maintenance and updates, and report generationREQUIRED QUALIFICATIONS:* Bachelor's degree in Business Administration, Risk Management, Finance, or related field* 4-6 years' relevant experience in risk management or commercial insurance (underwriting, claims, insurance brokerage)* Advanced knowledge of risk management principles and techniques, major commercial insurance lines, and claims management practices* Experience reviewing contracts to manage, limit, and transfer risk* Demonstrated problem-solving skills; ability to organize and analyze data effectively* Excellent communication skills and the ability to establish and maintain effective working relationships with internal/external business partners* Ability to work independently to prioritize, organize and perform multiple tasks simultaneously* Proficient computer skills including familiarity with Microsoft Office Suite, RMIS, and other technical tools* Highly motivated with the desire to work in a fast-paced environment and the ability to learn new technical concepts and skillsPREFERRED QUALIFICATIONS:* Previous experience in Transportation and/or Real Estate industriesPREFERRED CERTIFICATIONS AND LICENSES:* Associate in Risk Management (ARM)TRAVEL:* Up to 10% in the U.S. and Canada, as business requiresOmniTRAX requires all new hires to successfully complete a post-offer drug screen and criminal background check.Fulfilling a role in an industry that keeps this country running isn't the only reason to work for OmniTRAX. We offer competitive benefits including medical, dental, vision, short-term and long-term disability insurance, life insurance, vacation, sick days, holidays, a 401(k) retirement plan with a match, and other voluntary benefits.OmniTRAX is proud to be an EEO/Veteran/Disability employer.

Keywords: OmniTRAX, Inc., Denver , Senior Risk Analyst, Professions , Denver, Colorado