Position Function:
The Insurance and Risk Management Specialist is responsible for developing implementing and maintaining a comprehensive university-wide insurance program. This position manages a broad portfolio of insurance coverages including Property Professional Liability Cyber Liability Construction Directors and Officers Automobile Liability and Surety Bonds.
Salary Grade:15
Please see Staff Compensation Structure or Skilled Crafts and Service Maintenance Compensation Schedule for salary ranges. For salary grade UC these positions are Unclassified and salary ranges are determined by the hiring department.
Essential Duties and Responsibilities:
1. Manage all aspects of the Universitys property automobile employee dishonesty and public official bonding insurance programs.
2. Serve as the lead for claims management activities coordinating response and resolution when losses occur.
3. Perform a defined set of responsibilities related to other insurance areas including tort claims workers compensation and unemployment.
4. Collaborate with departmental representatives to collect update and maintain data required for insurance renewals and premium allocations including property contents and business interruption values by location as well as fleet schedules and automobile identification card distribution.
5. Assist departments in identifying risk exposures and procuring insurance coverage for unique needs not addressed by existing University policies.
6. Work closely with Institutions of Higher Learning (IHL) board staff to identify opportunities to enhance risk management and insurance programs at both the University and system levels.
7. Review and manage insurance coverage levels to optimize risk and cost outcomes and advise leadership on uninsured or underinsured exposures.
8. Identify insurance policies purchased on a one-time or ad hoc basis and work to eliminate unnecessary or duplicative coverage.
9. Review insurance policies and related documentation to ensure accuracy consistency and compliance with university requirements.
10. Develop and maintain current schedules of insurance coverage including policies premiums insurers limits and renewal dates.
11. Support the Universitys risk management framework by assisting with the identification assessment and prioritization of risks that may impact institutional mission and objectives.
12. Provide key support in the development and implementation of risk management strategies and corrective action plans aligned with university priorities and policies.
13. Serve as an advisor to the campus community on risk exposures insurance matters and internal controls.
Minimum Qualifications:
Minimum Focus
Education Bachelors degree Business Finance Risk Management or a related field
Experience (yrs.) 3 years Insurance Risk Management
Substitutions:
Any equivalent combination of related experience and/or education approved by the Department of Human Resources Management.
Preferred Qualifications:
A Masters degree in Business Finance Risk Management or a related field; Certification in Risk Management or Insurance designations (ARM CPCU); Experience with insurance renewal processes in a large complex organization is preferred.
Knowledge Skills and Abilities:
1. Strong communication presentation negotiation and financial analysis skills.
2. Ability to understand and analyze risk exposure and propose programs and policies to minimize the exposure liability.
3. Ability to implement claims processing procedures.
Instructions for Applying:
Link to apply: Employment Opportunity Statement:
Mississippi State University is an equal opportunity institution. Discrimination is prohibited in university employment programs or activities based on race color ethnicity sex pregnancy religion national origin disability age sexual orientation genetic information status as a U.S. veteran or any other status to the extent protected by applicable law. Questions about equal opportunity programs or compliance should be directed to the Office of Civil Rights Compliance 231 Famous Maroon Band Street P.O. 6044 Mississippi State MS 39762 .
What do I do if I need an accommodation
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