Risk Management Analyst
4 weeks ago
**About the City of Hamilton**
**Contribute to the City of Hamilton, one of Canada’s largest cities - home to a diverse and strong economy, an active and inclusive community, a robust cultural and dining scene, hundreds of kilometres of hiking trails and natural beauty just minutes from the downtown core, and so much more. Join our diverse team of talented and ambitious staff who embody our values of sensational service, courageous change, steadfast integrity, collective ownership and being engaged empowered employees. Help us achieve our vision of being the best place to raise a child and age successfully. #BeTheReason**
**JOB POSTING**
JOB ID #: 19260
Risk Management Analyst
Corporate Services
Legal & Risk Management Services
21 King St. W 12th Floor
NUMBER OF VACANCIES: 1 Full-Time Regular
UNION/NON-UNION: Non Union Management Professional
HOURS Of WORK: 35.00 per week
- GRADE: 4
- SALARY/HOUR: $39.380 - $46.059 per hour- Note: See appropriate Collective Agreement or the Non Union Salary Range for details.
Job Description ID #: 4031
**Vaccine Verification - **As a condition of employment you are required to provide proof that you are fully vaccinated or provide proof of valid exemption satisfactory to the employer prior to your start date. You must acknowledge and agree to comply with any future vaccine policy requirements as an ongoing condition of employment at the City of Hamilton.
SUMMARY OF DUTIES
Under the direction of the Corporate Risk Compliance Officer, the Risk Management Analyst shall be responsible for the continual evaluation of existing loss control activities. This will include the responsibility for obtaining and examining statistical data from the RiskMaster system, designing, recommending, implementing and co-ordinating new initiatives for the development and implementation of future loss control activities that support the objectives of responsible risk management.
Further responsibilities will include the development and maintenance of divisional operating procedures, the management of advanced claims, risk identification, risk assessment and loss control processes, loss analysis, statistical reporting and budget implications arising from the above activities that will ultimately lead to improved performance, effectiveness and efficiency in City wide operating departments, including the RMS Division, all of which will result in the strengthening of the City's financial position.
Activities will bring a "best practices" approach with a strong emphasis on customer service to all duties, activities, and special development projects undertaken. These projects will require strong analytical and written and oral communication skills to successfully implement the loss control initiatives throughout various City departments.
GENERAL DUTIES
Complete audits of loss data and create loss profiles to identify and enable the development of loss reduction strategies. This will include the monitoring of claims severity, frequency and volume.
Develop and implement risk management strategies (identification, assessment, and control) with various departments to meet divisional and/or departmental objectives of loss reduction or prevention.
Develop, implement and maintain RMSD policies and procedures.
Assist the Corporate Compliance Officer in the development of Loss/Risk Control seminars with various departments to promote Risk Management objectives.
Update and monitor the effectiveness of programs and compliance with implemented policy and procedures.
Monitor the progress of loss control recommendations to ensure loss prevention programs are operating effectively.
Participate on cross-departmental teams and regularly act as a corporate advocate in discussions regarding the development of policy issues from a risk management perspective.
Develop project organizational structures and timetables to ensure timely preparation and completion of all tasks.
Develop, recommend and maintain claim service provider operating procedures. Including claim handling directives, notification guidelines, reserving negotiation/settlement authorities and compliance with City policies.
Prepare reports on claim settlement values, reserves, and associated investigative processes and develop and recommend policy as may be required.
Respond to requests for risk management or claims information or data that requires research or non-routine responses.
Administrator of the claims management system and loss run reports (Risk Master and/or Clear Risk)
Responsible for Peoplesoft Financials and Year End reporting requirements.
Review Certificates of Insurance to ensure compliance with contractual obligations.
Assist Corporate Compliance Officer with contract reviews and determination of insurance requirements and other risk transfer techniques.
Assist Corporate Compliance Officer with Enterprise Risk Management Program development and implementation
Participate in professional associations, attend var
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