Talent.com
Risk Management Analyst

Risk Management Analyst

Newark Housing AuthorityNewark, NJ, US
4 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Salary : 65,000-80,000

Essential Duties and Responsibilities

The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and / or skills required. Other duties may be assigned.

Compliance and Records Management

  • Plans development and implementation of legal records management policies intended to standardize the filing, protecting, and retrieval of records, reports, and other paper-based and / or electronic information, ensuring that records are classified, maintained, retained, and destroyed in accordance with policies as established by the New Jersey State Archives Bureau.
  • Ensures that effective and efficient storing, arranging, indexing, classifying, inventory, retention, and legal records disposal systems are established that meet administrative, legal, and financial requirements.
  • Utilizes knowledge of principles of records and information management, administrative processes and systems, cost control, governmental recordkeeping requirements, and organizational objectives; coordinates and directs activities of other departments involved with records management analysis, reports analysis, cataloging, inventory, retention, and destruction of records; and confers with those departments to assure compliance with policies, procedures, and practices of records management.
  • Identifies the most appropriate records management resources needed to establish and maintain legal filing and classification systems.
  • Schedules and participates in training seminars and sessions designed to provide a policy framework for the management of legal records.
  • Resolves problems with legal information management through effective use of software and other information management resources.
  • Enables appropriate access to information within the Legal Department.
  • Responds to internal and / or external inquiries for legal information, including formal requests to access Public Records pursuant to the Open Public Records Act (OPRA).
  • Monitor and assess adherence to policies and recommend improvements to governance practices.

Property and Casualty Insurance Management

  • Conducts, oversees, and arranges a full range of appraisal inspections and inventories, including financial and operating data, and establishes information which serves as a basis for identifying assets, liability, and determining extent of coverage and premiums.
  • Advises management on all matters related to loss amounts and types of insurance needed to provide proper coverage and reserves in case of loss.
  • Recommends the selection of insurance brokers and carries out alternate methods of insurance by analyzing / comparing coverage, premiums, policy terms, and other provisions; and arranges for adequate insurance protection for assets of the jurisdiction.
  • Purchases casualty and property insurance coverage by developing invitations-for-bid and requests for proposal or quotations; facilitates the selection of the most economical source of insurance protection; and coordinates and arranges the implementation of various insurance programs.
  • Arranges bonding and insurance of public property and personnel.
  • Examines leases, contracts, and rental agreements for liability clauses included in insurance policy.
  • Appraises value of government properties to determine appropriate insurance policy and coverage.
  • Arranges special public institutional property insurance coverage after determining if institutions are eligible for coverage.
  • Maintains claim procedures for use in claim investigations.
  • Aids Legal Department in negotiations with government entity as lessor or lessee by determining contract liability contained in leases and liability insurance coverage.
  • Arranges for bonding of public employees by researching statutes, setting up terms of bond, and contracts with bonding companies.
  • Collects information and materials required for review, evaluation, and analysis by insurance consultants and insurance fund commission.
  • Coordinates processing of claims against the policies held by the jurisdiction.
  • Acts as liaison between the claimants, insurance administrators and the jurisdiction.
  • Processes and checks claim forms filed with the insurance administrator in connection with the entitys self insured fund.
  • Maintains records of policies, premiums, losses, recoveries, types of contracts and expiration dates.
  • Notices of Claim Processing

  • Oversees and administers all aspects of claims intake, investigation, processing, and resolution, ensuring efficiency, compliance, and quality throughout the claims lifecycle.
  • Conducts claims intake & processing, as well as oversees the receipt, review, validation, and adjudication of claims submissions, ensuring accuracy and compliance with policy and regulatory requirements.
  • Conducts evaluation and investigation of claims, collaborate with internal teams and external parties, and determine liability or coverage.
  • Ensure all claims are handled in accordance with NHAs procedures and relevant legal / regulatory standards, performing regular audits and risk assessments.
  • Prepare and analyze claims data, identify trends, generate reports, and provide recommendations for process improvements and loss reduction.
  • Office Management and Administrative Support

  • Assists in supervising the business operations of the Legal Department, including : financial and personnel records; purchase, receipt, and issuing of equipment, materials, and supplies; and collection, analysis, and interpretation of data pertaining to collections, expenditures, budgets, stores, and other operational procedures.
  • Serves as liaison with other departments and agencies to alleviate management and administrative problems and fulfill organizational needs and requirements.
  • Monitors and reviews legislation and regulations affecting the needs and interest of the jurisdiction, and analyzes the impact of legislation and regulations on the jurisdiction.
  • Receives, reviews, and addresses complaints from constituents; participates in or performs special studies or investigations involving constituent complaints which require the review of information in highly sensitive areas; and makes recommendations regarding appropriate action(s).
  • Confers with the Chief Legal Officer concerning workload and / or emergency periods.
  • Prepares monthly, annual and other reports.
  • Carries out administrative assignments received from the Chief Legal Officer.
  • Performs other related duties as requested.
  • Job Competencies

  • Risk Management Strong understanding of enterprise risk principles, property / casualty coverage, loss prevention, and claims handling including processing and investigating notices of claims.
  • Compliance & Governance Knowledge of state and federal regulatory frameworks affecting public housing operations.
  • Analytical Thinking Ability to assess financial, operational, and legal risk factors using qualitative and quantitative methods.
  • Communication Ability to clearly communicate findings, risks, and recommendations to executives, department heads, and external partners.
  • Decision-Making Strong judgment in developing and implementing risk mitigation strategies.
  • Extensive knowledge of the principles of archival, records and information management principles and practices, records retention and disposition.
  • Ability to create and implement standard operating procedures for archival collection, storage and protection.
  • Practical knowledge of legislation governing information and records (OPRA, etc.).
  • Experience in monitoring and assessing compliance in the area of records retention.
  • Experience in quality control operations / activities.
  • Extensive knowledge of property and casualty insurance principles and practices, as well as Federal, State and Local regulations and programs regarding property and casualty insurance.
  • Experience analyzing internal office workflow and establishing procedures to improve effectiveness and efficiency of operations.
  • Education and / or Experience

    Bachelor's degree from an accredited college or university, with at least five (5) years of professional experience in the administration of a comprehensive workplace standards and enforcement program, professional experience in risk management, insurance administration, compliance, or operations analysis, including supervisory or project leadership responsibilities. Experience with property and casualty insurance, claims management, bonding procedures, and risk analysis in a government or housing authority or public entity setting strongly preferred. Proficiency in Microsoft Office Suite (Excel, Word) and risk / records management systems.

    Create a job alert for this search

    Risk Management Analyst • Newark, NJ, US

    Related jobs
    • Promoted
    • New!
    Credit Portfolio Risk Analyst (Credit Portfolio Analyst & Risk Reporting Analyst)

    Credit Portfolio Risk Analyst (Credit Portfolio Analyst & Risk Reporting Analyst)

    Pyramid ConsultingNew York, NY, United States
    Temporary
    Credit Portfolio Risk Analyst (Credit Portfolio Analyst & Risk Reporting Analyst).Please review the job description below and contact me ASAP if you are interested. Employee benefits include, but ar...Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    Manager, Fraud Risk Management - Fraud Governance

    Manager, Fraud Risk Management - Fraud Governance

    Raymond James Financial ServicesTrenton, NJ, United States
    Full-time
    The Fraud Governance Manager plays a key role in the oversight and strategic coordination of the firm's fraud risk management framework. This role is responsible for supporting enterprise-wide fraud...Show moreLast updated: 19 hours ago
    • Promoted
    Risk Management Specialist / Risk Management Senior Specialist (Remote)- NJ / Northern NJ

    Risk Management Specialist / Risk Management Senior Specialist (Remote)- NJ / Northern NJ

    Selective InsuranceNewark, NJ, United States
    Remote
    Full-time
    At Selective, we don't just insure uniquely, we employ uniqueness.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards a...Show moreLast updated: 30+ days ago
    • Promoted
    Lead Federal Project Risk Analyst

    Lead Federal Project Risk Analyst

    OracleTrenton, NJ, United States
    Full-time
    We're on a journey to advance how health happens with technologies that support clinicians, inspire innovation, empower patients, and save lives. Our mission? To create a human-centric healthcare ex...Show moreLast updated: 30+ days ago
    • Promoted
    Market Risk Analyst

    Market Risk Analyst

    Soros Fund ManagementNew York, NY, United States
    Permanent
    Soros Fund Management LLC (SFM) is a global asset manager and family office founded by George Soros in 1970.With $28 billion in assets under management (AUM), SFM serves as the principal asset mana...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Analyst, Enterprise Risk Management

    Senior Analyst, Enterprise Risk Management

    Booking Holdings, Inc.New York, NY, United States
    Full-time
    Booking Holdings (NASDAQ : BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through fi...Show moreLast updated: 8 days ago
    • Promoted
    • New!
    Senior Market Risk Analyst

    Senior Market Risk Analyst

    RBC Capital Markets, LLCNew York, NY, United States
    Full-time
    RBC is seeking a highly motivated individual to contribute to key initiatives in Market Risk Reporting and Infrastructure Enhancement. This role will focus on standardizing market risk reporting fra...Show moreLast updated: 20 hours ago
    • Promoted
    • New!
    Senior Risk Management Analyst

    Senior Risk Management Analyst

    DW SimpsonBranchville, NJ, United States
    Full-time
    Join a well-established P&C insurance company as a Senior Risk Management Analyst! We're offering an excellent compensation and benefits package for the right candidate. In this vital role, you will...Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    Senior Analyst-Enterprise Risk Management and Change Governance

    Senior Analyst-Enterprise Risk Management and Change Governance

    American ExpressNew York, NY, United States
    Full-time
    At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleague...Show moreLast updated: 9 hours ago
    • Promoted
    Risk Analyst

    Risk Analyst

    Nomura InternationalNew York, NY, United States
    Full-time
    Job title : Market Risk Analyst.The pay range for this position at commencement of employment is expected to be between $80,000 and $110,000 / year •. Nomura is a global financial services group with an...Show moreLast updated: 8 days ago
    • Promoted
    • New!
    Security Risk Management Analyst

    Security Risk Management Analyst

    CoreWeaveLivingston, NJ, United States
    Permanent
    CoreWeave is The Essential Cloud for AI™.Built for pioneers by pioneers, CoreWeave delivers a platform of technology, tools, and teams that enables innovators to build and scale AI with confidence....Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    Market Risk Analyst

    Market Risk Analyst

    MetLifeWhippany, NJ, United States
    Full-time
    Duties : Participate in the development and maintenance of risk neutral hybrid models used globally across MetLife in the economic valuation and modeling of liability and derivative risk (5%).Suppor...Show moreLast updated: 19 hours ago
    • Promoted
    Risk Management Manager - LOD1

    Risk Management Manager - LOD1

    Early Warning ServicesNew York, NY, United States
    Full-time
    At Early Warning, we've powered and protected the U.As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hu...Show moreLast updated: 8 days ago
    • Promoted
    • New!
    Analyst, Insurance Risk Management

    Analyst, Insurance Risk Management

    BNY MellonNew York, NY, United States
    Full-time
    At BNY, our culture allows us to run our company better and enables employees' growth and success.As a leading global financial services company at the heart of the global financial system, we infl...Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    Manager - Risk Management

    Manager - Risk Management

    American ExpressTrenton, NJ, United States
    Full-time
    At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleague...Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    Senior Credit Risk Analyst

    Senior Credit Risk Analyst

    Q-CellsTeaneck, NJ, United States
    Full-time
    EnFin, a subsidiary of Qcells, the leading manufacturer of residential solar panels in the USA, is a financial services company dedicated to making solar energy accessible through innovative financ...Show moreLast updated: 19 hours ago
    • Promoted
    • New!
    HELOC Analyst

    HELOC Analyst

    TEKsystemsEwing Twp, NJ, United States
    Full-time
    The HELOC Analyst is responsible for ensuring HELOC specific and inter-departmental processes and controls are functioning efficiently and effectively to proactively prevent fraud from occurring.In...Show moreLast updated: 19 hours ago
    • Promoted
    Third-Party Risk Management Senior Analyst (MRA Remediation Support) - VP Level

    Third-Party Risk Management Senior Analyst (MRA Remediation Support) - VP Level

    Syntricate TechnologiesNew York, NY, United States
    Temporary
    Third-Party Risk Management Senior Analyst (MRA Remediation Support) - VP Level.New York City, NY or Tampa, FL (Hybrid).Third Party Risk is a global, first line team within the Markets Operational ...Show moreLast updated: 8 days ago