Risk Analyst or Senior Risk Analyst (Depends on Experience) chez Grant Public Utility District (Grant PUD)

Closing Date to Apply: Until Filled

Salary: 

Risk Analyst: $81,723.20 - $131,580.80

Senior Risk Analyst: $97,323.20 - $156,707.20

Typically, selected candidates are hired at a salary rate between the minimum and midpoint of the range.

Benefits: This link below will provide you with Grant PUD’s benefit that may be available if hired, different employee types are eligible for different benefits.

Grant PUD — Unified Insurance Program (uip-wa.org)

Position Summary

Under general supervision, this position supports the District’s Enterprise Risk Management (ERM) program, including responsibilities in enterprise risk, claims management, and insurance program support. It also contributes to the development and application of the District’s risk management tools and processes and may provide ad-hoc analysis of other Utility activities.

Depending on experience, the role may include senior-level responsibilities such as leading enterprise risk or insurance program functions, managing complex claims, providing strategic risk guidance, and coordinating with business units across the District. This position strengthens the District’s ability to identify, evaluate, and manage risk through increasing levels of autonomy and expertise.

Essential Functions

Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:

Risk Analyst:

• Work on projects associated with the buildout and application of the Utilities’ Enterprise Risk Platform, including development of a risk register, as well as process improvements to risk functions to improve efficiency and foster review, analysis, and lessons learned from Utility data.
• Maintain, support, and facilitate evolution and improvement of the policies and processes by which Grant PUD operates through assigned projects and observation, reporting, and fostering solutions to noted areas of concern.
• Assist Risk Manager with data requests, research, analysis, and preparation of risk management presentations, gathers and circulates required background material.
• Work on claim administration within the Utilities’ self-insured retention. Tasks include but are not limited to claim investigation, processing, reporting, training/outreach, and research on legal and regulation changes that have impacts on claim processing.
• Review contract insurance language and provide input and risk assessment, review contractor Certificates of Insurance for compliance.
• Coordinate with broker, auditor, and legal counsel as necessary on contract and insurance claim issues.
• premium and/or renewal negotiations, and policy review with broker representatives and underwriters. Acts as a liaison with insurance vendors and consultants; completes insurance applications and responds to surveys.
• Coordinate insurance loss inspection visits.
• In this position, if needed to operate a GPUD vehicle for business purposes, please refer to the Vehicle/Asset Usage Policy, IS-TA-POL-001.
• Demonstrated commitment to Grant PUD’s mission, vision, values, strategic plan, and Grant PUD/IBEW Local 77 Code of Excellence. The incumbent should be familiar with these organizational priorities and behave in a way that aligns with these expectations.
• Understand and adhere to compliance requirements for this position that may include laws, regulations, security guidelines, Grant PUD policies & procedures.
• Actively participate in all aspects of our safety program, including but not limited to:
  • Following all safety policies and procedures;
  • Alerting supervisors and coworkers to unsafe or hazardous working conditions;
  • Reporting any safety incidents or close calls within 24 hours to your supervisor; and
  • Accepting feedback from supervisors and coworkers regarding your own safety performance.

Senior Risk Analyst: 

• Lead projects associated with the buildout and application of the District’s Enterprise Risk Platform, including development of a risk register, as well as process improvements to risk functions to improve efficiency and foster review, analysis, and lessons learned from District data.
• Independently develop complex probability risk assessment models designed to improve the District’s understanding and management of its risks.
• Maintain, support, and facilitate the evolution and improvement of the policies and processes by which Grant PUD operates and supports enterprise risk management including modeling risks associated with evolving economic and market changes, and through assigned projects and observation, reporting, and fostering solutions to noted areas of concern.
• Assist Risk Manager with data requests, research, analysis, and preparation of risk management presentations, gathers and circulates required background material.
• Reviews various District policies for effectiveness.
• Lead claims administration at Grant PUD, including:
  • Claim investigation and processing within the District’s self-insured retentions, reporting larger claims to insurers and providing coordination of claim details between adjustor, broker, and District staff, referral as necessary to legal counsel.
  • Monitor and model the District’s potential self-insurance needs.
  • Work with local authorities, investigate and invoice third parties for damage to any District resource, and monitor for collections.
  • Create and provide reporting on claims activities to Senior Leadership and Commission and facilitate financial recording of insurance activity with Accounting.
• Review and provide input and risk assessment on contract insurance language and review contractor Certificates of Insurance for compliance. Coordinate with broker, auditor, and legal counsel on necessary contract issues.
• Leads the administration of enterprise-wide insurance program and manages relationships and reporting requirements with the District’s insurance brokers. Assists the Risk Manager in District’s insurance renewal process for property, casualty, and surety policy selections, premium and/or renewal negotiations, and policy review with broker representatives and underwriters. Acts as a liaison with insurance vendors and consultants; completes insurance applications and leads the coordination and information gathering for insurance site visits.
• In this position, if needed to operate a GPUD vehicle for business purposes, please refer to the Vehicle/Asset Usage Policy, IS-TA-POL-001.
• Demonstrated commitment to Grant PUD’s mission, vision, values, strategic plan, and Grant PUD/IBEW Local 77 Code of Excellence. The incumbent should be familiar with these organizational priorities and behave in a way that aligns with these expectations.
• Understand and adhere to compliance requirements for this position that may include laws, regulations, security guidelines, Grant PUD policies & procedures.
• Actively participate in all aspects of our safety program, including but not limited to:
  • Following all safety policies and procedures;
  • Alerting supervisors and coworkers to unsafe or hazardous working conditions;
  • Reporting any safety incidents or close calls within 24 hours to your supervisor; and
  • Accepting feedback from supervisors and coworkers regarding your own safety performance.

Risk Analyst:

Required Qualifications (Education, Experience, Licenses & Certifications): 

• Bachelor’s degree in business, or related field OR 2 additional years of relevant experience in lieu of degree.
• Minimum one (1) year of experience in risk management, insurance, or related area of experience.

Preferred Qualifications (Education, Experience, Licenses & Certifications): 

• Three (3) years related experience. 
• Washington State Insurance training or equivalent.
• Risk management or insurance related professional certification. 

Senior Risk Analyst:

Required Qualifications (Education, Experience, Licenses & Certifications): 

• Bachelor’s degree in business or related field OR 2 additional years of relevant experience in lieu of degree.
• Five (5) years of experience required within a risk management, insurance, or related area of experience.

Preferred Qualifications (Education, Experience, Licenses & Certifications): 

• Master’s degree in Business Administration, Risk Management, Economics, Finance, or related field.
• Commercial Property & Casualty Insurance License. 
• Washington State Insurance training or equivalent.
• Risk Management professional certification/designation.

Other Knowledge, Skills & Abilities 

Knowledge of:

• Utility insurance practices and commercial insurance policies.
• Contractual/legal principles and dispute resolution methods.
• Effective communication strategies with internal and external stakeholders.

Skills in:

• Project management and issue resolution.
• Clear written, verbal, and interpersonal communication with diverse audiences.
• Collaboration with management, employees, vendors, and customers.

Ability to:

• Build and maintain spreadsheet models; analyze and solve problems.
• Use MS Office products effectively.
• Manage multiple priorities, confidential information, and tight deadlines.
• Work independently with sound judgment and as part of a team.

 Physical Requirements  

• Position may be eligible for partial hybrid work arrangement: ☒Yes ☐No
• Majority of work is performed in a standard office setting.
  • Will perform work onsite at the locations of the assigned Business Units
• Typical shift of employees in this position: ☒8 hours ☐ 9 hours ☐ 10 hours ☐12 hours

*For a full list of requirements, the applicant/incumbent should refer to the Physical Capacity Evaluation (PCE). The statements contained herein reflect general details as necessary to describe the principal functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements.  Individuals may perform other duties as assigned, including work in other functional areas.