Penn State Job Catalog

Additional levels that exist for this job profile can be seen below.

The Risk Management Specialist analyzes and evaluates University exposure to varied risks. Responsibilities include identifying and analyzing risks; advising on risk management; tracking data and evaluating trends; collaborating with internal partners, insurance brokers and insurance carriers; serving on risk management team(s); conducting outreach and training.

• Identify, analyze, monitor, and respond to financial, operational, perimeter, strategic and other University risk exposure including claims costs, liability judgments, management change or reputation loss, etc.
• Provide risk elimination, prevention, reduction, transfer, mitigation, and other risk management advice
• Collaborate with internal partners; assist with benchmarking, contract review, claims/litigation activities, safety/security risk analysis, etc.
• Serve on risk management team(s); participate in risk management and insurance program development; provide new services and program integration advice
• Monitor and track data; detect and evaluate trends to direct loss prevention and mitigation efforts
• Collaborate with insurance brokers/carriers regarding University activities, loss prevention/control, and policy implementation/renewal
• May assist with underwriting submissions and insurance proposal reviews; process insurance renewals; monitor invoicing and policy issuance
• Maintain awareness of industry standards, statutory/regulatory changes; update manuals, guidelines, policies and procedures
• Promote a culture of risk awareness; involve all University stakeholders in day-to-day risk management; conduct outreach and training
• May supervise staff members, including hiring, development, and performance management

Level:

– Senior Professional

Base Description:

– Completes activities, tasks, and/or projects of a functional nature.

Level Summary:

– Demonstrates advanced knowledge of principles, practices, and procedures of a particular field. Works independently on moderately complex work assignments under limited oversight, reviews progress, and evaluates results. Monitors work and projects ensuring timeliness, quality, and efficiency. Identifies and mobilizes resources to achieve outcomes. Trains others and reviews progress with management. Presents ideas, concepts, and instructions in a clear and persuasive manner. Develops new techniques, concepts, and approaches and applies them to moderately complex and strategic and/or operational issues.

Supervisory Responsibilities:

– Indirect supervisor for other full–time employees
– May serve as direct supervisor for part–time, student, and/or temporary workers, volunteers, or a full–time employee

Fiscal Responsibilities:

– May validate and pay invoices
– Monitors and tracks budgets and funding

Problem Solving:

– Encounters moderately complex problems
– Applies specialized knowledge and skills to resolve problems
– Understands benefits, limitations, and impact of potential solutions

Independence of Action:

– Works independently on moderately complex work assignments, reviews progress, and evaluates results
– May set priorities and organize work within general guidelines established by supervisor
– May review the work of others to verify accuracy and conformance to required procedures and special instructions

Communication and Collaboration:

– Communicates internally within working unit and the University
– Communicates with external audiences for scheduling/coordination
– May communicate with external audiences for business purposes
– Coaches others in using appropriate strategies for resolving conflict; negotiating reasonable compromises; and proposing and evaluating possible solutions
– Give candid and constructive feedback to others to influence and persuade managers and employees to accept and implement findings and recommendations

• Comp Grade – 14
• Minimum – $97,100.00
• MidPoint – $121,400.00
• Maximum – $145,700.00