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:

– Advanced Professional

Base Description:

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

Level Summary:

– Demonstrates proficient and comprehensive knowledge of defined skill areas/applications. Applies knowledge of principles, practices, and procedures of a particular field to decision-making and problem–solving. Works under minimum supervision on varied and sometimes difficult work assignments, conferring with supervisor or subject matter experts on unusual matters. May lead others or a team in completion of complex assignments. Interprets and communicates information clearly, accurately, and persuasively. Researches and tries new approaches when solving difficult or novel problems.

Supervisory Responsibilities:

– Indirect supervisor or mentor 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
– May monitor/track budgets and funding

Problem Solving:

– Encounters generally routine problems with progressively more complex and/or varied problems
– Typically follows recommended course of action and procedures to resolve problems
– May apply specialized knowledge and skills to resolve complex and/or varied problems, with supervisor oversight
– Researches and tries new approaches when solving problems

Independence of Action:

– Works with minimal supervision on more difficult work assignments, conferring with supervisor on unusual matters
– Follows precedents and procedures
– May set priorities and organize work within general guidelines established by supervisor

Communication and Collaboration:

– Communicates internally and externally within working unit and the University
– May communicate with external audiences for business purposes
– Promotes open communication in a manner that builds relationships among team members
– Applies appropriate strategies for managing conflict; negotiate reasonable compromises; propose and evaluate possible solutions
– Interprets and communicates information, ideas and instructions clearly, accurately and persuasively both verbally and in written materials intended for distribution

• Comp Grade – 13
• Minimum – $86,300.00
• MidPoint – $107,900.00
• Maximum – $129,500.00