University of Minnesota
Risk Management Administrator
University of Minnesota, Minneapolis, Minnesota, United States, 55400
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Job ID
364635Location
Twin CitiesJob Family
FinanceFull/Part Time
Full-TimeRegular/Temporary
RegularJob Code
8222IREmployee Class
Civil ServiceAdd to Favorite Jobs
Email this Job
About the Job
The Risk Management Administrative Support position is a key member of the risk management team reporting directly to the Director of Risk Management.
This position acts as the point of contact for internal and external customers. The position works directly with departments systemwide on all their insurance needs from simply providing proof of insurance coverage to the need to procure a new policy.
The position also works with the University's insurance brokers to prepare and coordinate all the details that go into the renewal of approximately 25 insurance policy renewals annually, which leads to the internal allocation of each insurance policy's premium. This position is also responsible for reviewing and processing internal and external Alcohol Use Applications.Salary range starting at $60,500.
Duties/ResponsibilitiesInsurance Program Support (35%):Provides U-wide insurance program resources to all University employees on all campuses.
CertificatesBasic coverage advicePolicies and wording
Prepare and coordinate all insurance renewal information (applications and other underwriting data collections) for the University's approximately 25 property and liability insurance programs.Provide assistance for internal event/facility coordinators and external facility renters with securing insurance required for use of University owned facilities.Point of contact for the University community and the University's Insurance Broker and Captive Manager.Maintain insurance policy list.Coordinate system wide insurance premium allocations.Financial Support (25%):Serve as the department's source of information regarding University fiscal policies.Initiate financial transactions (including vendor payments, purchase orders, contracts for professional services, honorariums, and employee expense reports) with the University's Financial Operations Team (FinOps).Process insurance claim payments to internal departments.Process annual insurance premium charges to internal departments.Monitor and reconcile Risk Management's central University budget account(s).Calculate the annual allocation of Property/Liability insurance costs ($16MM) across University system.Track financing and generate reports on the property claims budget ($2.5MM).Reconcile vendor accounting with insurance brokers, insurers, Third Party Claim Administrators, etc.General Administrative Support (40%):Point of contact for internal and external customers. Refer questions to appropriate departmental subject matter experts.Facilitate broker issuance of certificates of insurance.Review/process internal and external Alcohol Use ApplicationsRedirect credentialing/claim history requests to the Academic Health Center Legal OfficeAct as Claims Specialist's back up. Respond to questions on filing claims, claim status, requests for payroll information, invoice payment, etc.Establish and maintain policy files. Archive paper and electronic copies of insurance policies and financial documents.Monitor departmental email account.Assist with Google Calendar/meeting scheduling.Collect/distribute USPS/Campus Mail to internal Risk Management staff.Other duties as assigned.
Qualifications
Requirements:Required (please document on resume)BA/BS plus at least two years of professional work experience or a combination of related education and work experience to equal 6 years.Self-motivated, assertive and takes initiative with attention to detailStrong organizational and interpersonal skillsAbility to independently identify solutions and solve complex problemsCompetence in server-based data entryFacility with basic software, such as Word, Excel, Google Calender, etc.Excellent oral and written communication.Preferred Qualifications:(please document on resume)Knowledge of University Policies and Procedures, University Operations and internal resourcesExperience in Insurance/Risk Management including
property, liability, auto and worker's compensation insurance
Benefits
Working at the University
At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning.
We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.
The University also offers a comprehensive benefits package that includes:Competitive wages, paid holidays, and generous time offContinuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit ProgramLow-cost medical, dental, and pharmacy plansHealthcare and dependent care flexible spending accountsUniversity HSA contributionsDisability and employer-paid life insuranceEmployee wellbeing programExcellent retirement plans with employer contributionPublic Service Loan Forgiveness (PSLF) opportunityFinancial counseling servicesEmployee Assistance Program with eight sessions of counseling at no costEmployee Transit Pass with free or reduced rates in the Twin Cities metro areaPlease visit the Office of Human Resources website for more information regarding benefits.
How To Apply
Applications must be submitted online.
To be considered for this position, please click the Apply button and follow the instructions.
You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647.
Diversity
The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission.
The University is committed to attracting and retaining employees with varying identities and backgrounds.The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.
To learn more about diversity at the U:
http://diversity.umn.edu
Employment Requirements
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.
About the U of M
The University of Minnesota, Twin Cities (UMTC)The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).
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Job ID
364635Location
Twin CitiesJob Family
FinanceFull/Part Time
Full-TimeRegular/Temporary
RegularJob Code
8222IREmployee Class
Civil ServiceAdd to Favorite Jobs
Email this Job
About the Job
The Risk Management Administrative Support position is a key member of the risk management team reporting directly to the Director of Risk Management.
This position acts as the point of contact for internal and external customers. The position works directly with departments systemwide on all their insurance needs from simply providing proof of insurance coverage to the need to procure a new policy.
The position also works with the University's insurance brokers to prepare and coordinate all the details that go into the renewal of approximately 25 insurance policy renewals annually, which leads to the internal allocation of each insurance policy's premium. This position is also responsible for reviewing and processing internal and external Alcohol Use Applications.Salary range starting at $60,500.
Duties/ResponsibilitiesInsurance Program Support (35%):Provides U-wide insurance program resources to all University employees on all campuses.
CertificatesBasic coverage advicePolicies and wording
Prepare and coordinate all insurance renewal information (applications and other underwriting data collections) for the University's approximately 25 property and liability insurance programs.Provide assistance for internal event/facility coordinators and external facility renters with securing insurance required for use of University owned facilities.Point of contact for the University community and the University's Insurance Broker and Captive Manager.Maintain insurance policy list.Coordinate system wide insurance premium allocations.Financial Support (25%):Serve as the department's source of information regarding University fiscal policies.Initiate financial transactions (including vendor payments, purchase orders, contracts for professional services, honorariums, and employee expense reports) with the University's Financial Operations Team (FinOps).Process insurance claim payments to internal departments.Process annual insurance premium charges to internal departments.Monitor and reconcile Risk Management's central University budget account(s).Calculate the annual allocation of Property/Liability insurance costs ($16MM) across University system.Track financing and generate reports on the property claims budget ($2.5MM).Reconcile vendor accounting with insurance brokers, insurers, Third Party Claim Administrators, etc.General Administrative Support (40%):Point of contact for internal and external customers. Refer questions to appropriate departmental subject matter experts.Facilitate broker issuance of certificates of insurance.Review/process internal and external Alcohol Use ApplicationsRedirect credentialing/claim history requests to the Academic Health Center Legal OfficeAct as Claims Specialist's back up. Respond to questions on filing claims, claim status, requests for payroll information, invoice payment, etc.Establish and maintain policy files. Archive paper and electronic copies of insurance policies and financial documents.Monitor departmental email account.Assist with Google Calendar/meeting scheduling.Collect/distribute USPS/Campus Mail to internal Risk Management staff.Other duties as assigned.
Qualifications
Requirements:Required (please document on resume)BA/BS plus at least two years of professional work experience or a combination of related education and work experience to equal 6 years.Self-motivated, assertive and takes initiative with attention to detailStrong organizational and interpersonal skillsAbility to independently identify solutions and solve complex problemsCompetence in server-based data entryFacility with basic software, such as Word, Excel, Google Calender, etc.Excellent oral and written communication.Preferred Qualifications:(please document on resume)Knowledge of University Policies and Procedures, University Operations and internal resourcesExperience in Insurance/Risk Management including
property, liability, auto and worker's compensation insurance
Benefits
Working at the University
At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning.
We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.
The University also offers a comprehensive benefits package that includes:Competitive wages, paid holidays, and generous time offContinuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit ProgramLow-cost medical, dental, and pharmacy plansHealthcare and dependent care flexible spending accountsUniversity HSA contributionsDisability and employer-paid life insuranceEmployee wellbeing programExcellent retirement plans with employer contributionPublic Service Loan Forgiveness (PSLF) opportunityFinancial counseling servicesEmployee Assistance Program with eight sessions of counseling at no costEmployee Transit Pass with free or reduced rates in the Twin Cities metro areaPlease visit the Office of Human Resources website for more information regarding benefits.
How To Apply
Applications must be submitted online.
To be considered for this position, please click the Apply button and follow the instructions.
You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647.
Diversity
The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission.
The University is committed to attracting and retaining employees with varying identities and backgrounds.The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.
To learn more about diversity at the U:
http://diversity.umn.edu
Employment Requirements
Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.
About the U of M
The University of Minnesota, Twin Cities (UMTC)The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).
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