DIRECTOR DIVISION OF RISK MANAGEMENT

Examples of work

• Administers the State's self-insured claims programs for Workers' Compensation, Tort Liability, Auto Liability, Property Damage Subrogation and Foster Parent Liability.
• Directs the development of plans of risk management, including development of programs to protect physical assets.
• Administers the various State insurance programs for which the Division of Risk Management is responsible by establishing statewide objectives, policies and standards.
• Acts as an advisor to State departments and agencies on their insurance coverage needs.
• Develops and promulgates rules and regulations for a comprehensive risk management and loss prevention program.
• Serves as Executive Secretary of the Risk Management Committee to monitor the State's risk management program.
• Directs the development, coordination, implementation and review of the statewide loss prevention and control program to mitigate the frequency and severity of accidental loss.
• Procures insurance coverage for State departments and agencies including coverage through self-insurance and use of third party administrators.
• Oversees the design, development, maintenance and enhancement of the risk management information system for claims management and reporting.
• Directs the evaluation of State Workers' Compensation, Tort Liability and Auto Liability losses to reduce loss funding and ensure agency accountability.
• Directs the compilation of monthly accident frequency reports and summaries of plans in place to reduce risk.
• Oversees the actuarial analysis of claims history and evaluation of the required level of self-insurance funding.
• Oversees the design of a risk financing program to ensure maximum coverage at the lowest cost to the State.
• Directs the development of programs and methods to control claims costs through development of a claims management strategy.
• Directs the development of RFP's for the purchase of insurance coverage for special State services.
• Develops claims management policy and standards relating to the investigation and adjustment of claims.
• Oversees the negotiation and settlement of all self-insurance claims, including casualty losses, property losses, automobile liability and fidelity bond losses.
• Coordinates litigation support for Workers' Compensation and ort claims with the Department of Law & Public safety, Office of the Attorney General.
• Directs the review and evaluation of proposed Workers Compensation and Tort legislation.
• Directs the development of claims administration controls and allocation of resources to ensure compliance with established claims administration standards.
• Develops strategies and recommendations for program restructuring of claims management to control claims cost through claims adjusting, reduction of lost work time and assignment of departmental accountability for claims cost.
• Oversees the development of standard insurance and indemnification contract specifications used in State procurement and lease contract agreements.
• Oversees the review and approval of indemnification and insurance clauses in State procurement and construction contracts and lease agreements.
• Maintains contact with insurance industry officials to keep abreast of the latest industry trends and assess the impact of changes to the State's self-insured program.
• Directs the provision of administrative and support services for the Division, including personnel, fiscal resources, mail services, technology services, independent audit and facilities management.
• Prepares and directs the preparation of technical correspondence on the Division's risk management program.
• Manages the work operations and/or functional programs and has responsibility for effectively recommending the hiring, firing, promoting, demoting and/or disciplining of employees.
• Directs the maintenance of essential records, reports and files.
• Prepares and directs the preparation of clear, sound, accurate and informative reports on the Division's operations and related matters containing findings, analyses, conclusions and recommendations.
• May be required to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office or related units.
• <b>REQUIREMENTS
• EDUCATION</b>:
• Graduation from an accredited college or University with a Bachelor's degree.

Experience

Eight (8) years of administrative experience in a State or Federal risk management and/or commercial insurance program, five (5) years of which shall have been in a supervisory capacity.

License

Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.

Knowledge, skills and abilities

• Knowledge of risk management concepts and principles.
• Knowledge of risk financing strategies.
• Knowledge of the insurance industry.
• Knowledge of procedures involved in the investigation, analysis, adjustment and settlement of claims.
• Ability to acquire knowledge of State leases, contracts, bidding processes, professional services and insurance provisions contained therein.
• Knowledge of the principles, practices and procedures required to ensure adequate risk management of public property and casualty exposures, including liability, workers' compensation and losses due to criminal acts and/or negligence.
• Knowledge of the methods and procedures used in risk management analysis.
• Knowledge of alternative methods and program enhancements designed to reduce the financial impact of casualty and property losses to the State.
• Ability to acquire knowledge of the State's workers compensation and Sick Leave Injury (SLI) programs.
• Knowledge of the principles and practices employed in loss prevention and control program management.
• Knowledge of budget preparation procedures.
• Knowledge of methods used in compiling claims management reports.
• Ability to design and implement a comprehensive loss control program to reduce property and casualty loss.
• Ability to direct the design, development and administration of a comprehensive data collection and monitoring system as part of a state-wide risk control program.
• Ability to develop objectives, policies and standards for the administration of State insurance programs.
• Ability to develop a coordinated risk management strategy combining risk control and claims management with risk finance.
• Ability to explain risk management program concepts to State agency managers and administrators.
• Ability to evaluate and develop recommendations on alternative risk financing strategies.
• Ability to direct the planning, development and administration of risk control and claims management programs and activities.
• Ability to coordinate risk management activities to minimize liability exposure.
• Ability to read, interpret and apply laws, regulations and legal decisions governing risk management.
• Ability to advise and guide senior management on State insurance needs.
• Ability to direct the establishment and maintenance of extensive Division records and files.
• Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.
• Ability to read, write, speak, understand, or communicate in English sufficiently to perform the duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.
• Persons with mental or physical disabilities are eligible as long as they can perform the essential functions of the job after reasonable accommodation is made to their known limitations. If the accommodation annot be made because it would cause the employer undue hardship, such persons may not be eligible.
• CODES: 98/M98 - MER 03/31/07

Note

The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.

Applicants who do not possess the required education may substitute non-supervisory experience as indicated above on a year-for-year basis.