Risk Fiscal Administrator in United States

at a Confidential Company

Engineering / Technology
Banking / Finance / Insurance
Minimum Qualification
Bachelor's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female

Job Description

Job Summary:

Their job is to coordinate and communicate the rates on insurance, budget and program costs, actuarial studies and loss trends. They will have to entail planning, organizing and directing the Loss Control, Property Insurance and Financial programs of the company’s into it's Risk Management Duties.

Duties and responsibilities:

*He or She has to direct the activities on the loss control analysis of various funds including identification of trends.

*He or She will have the duty to head and evaluate the work and performances of professional staff members.

*He or She also has to develop and give financial, statistical and other reports on activities related to risk management and loss data to concerned company departments.

*He or she first of all has to compile and examine important data on trends

*He or She also has to help in identifying high-risk areas and consequently develop necessary action plans to address such issues.

*He or she will have to consult and confer with company management as well as employees to discuss mitigation possibilities to risk.

*He or She has to provide a fiscal review of new regulations, statutes, and case laws

*He or she should always try to develop various possible proposals to mitigate impacts.

*He or she should have to notify the insurance firms of covered losses on properties.

*He or She also needs to ensure the insurance claims properly and expeditiously handled as it is a very crucial matter.

*He or she will have to do the survey on the equipment as well as the facilities of the company to identify all potential hazards and liabilities

*He or She also has the duty to evaluate all possible insurable risks.

Skills and Specifications

*He or She should be able to collect and examine data

*He or she should have the ability to determine important trends in project, possible consequences and scrutinize results.

*He or she must be able to read and interpret actuarial types of reports as well as loss triangles which is very necessary

*He or She should have the ability to read, analyze and utilize relevant rules, regulations and laws of the related domain.

*He or She must know how to plan, direct and prioritize work.

*He or she should have the quality to establish harmonious work relations with company staff as well as vendors and can coordinate with them.

*He or she should have the knowledge of preparing written documents and make good presentations to various groups.

*He or she should have the ability to maintain full objectivity and impartiality.

Education and Qualifications

*The candidate needs to possess an HND or Bachelor’s Degree in courses such as business administration, accounting and any other related field.

*It will be added as an advantage if the candidate has at least 3 years of responsible experience in field of financial analysis and insurance.

*He or she must have at least 1 year of supervisory or team leadership experience.
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