Metropolitan Water Reclamation District of Greater Chicago

Senior Risk Analyst (#20002535)

General Statement

Under direction, assists the Risk Manager in the development and implementation of the District’s risk management programs and processes, communication of programs to operating units, and departmental data analysis.

Essential Job Functions

Essential job functions are fundamental, core functions common to positions in a classification.  They are not intended to be an exhaustive list of all job duties for any one position in the class.  Since class specifications are designed to be descriptive and not restrictive, incumbents may complete one or all of the job duties listed or tasks of similar kind not specifically listed here.

  • Assists in the development of strategic risk management business plans; identifies and analyzes potential impact of exposures to loss; researches, evaluates and makes recommendations regarding risk management, insurance, workers’ compensation, safety, loss control and claims management.
  • Assists in the administration of Property and Casualty insurance programs, including self-insured programs.
  • Conducts evaluations of insurance, self-insurance and other opportunities for financial risk transfer.
  • Prepares annual underwriting submissions on a timely basis for risk financing/insurance programs and assists in negotiations; reviews and maintains coverage; updates the Schedule of Insurance, Insurance Coverage Summaries and other pertinent documentation, as required.
  • Coordinates insurance carrier loss control inspections of District facilities; reviews recommendations and assists with preparation and delivery of response to insurance carriers.
  • Collects and maintains current and historical exposure and insurance coverage information.
  • Conducts contract reviews and coordinates the issuance and maintenance of incoming and outgoing insurance certificates.
  • Assists in the development of and maintains communication tools for senior management and operating personnel describing risk management policies and programs; provides expertise in policy and coverage interpretation to personnel in operating units; updates risk management guidelines and procedures.
  • Analyzes claims data to identify trends and advises operating units; maintains communication with the safety section, Third Party Claims Administrator (TPA), RMIS provider, and other vendors, as required; provides support for Return-To-Work program.
  • Provides support for Emergency Response Program planning, documentation and exercises (EOP and BCP).
  • Assists in the preparation of the annual insurance and risk management budget.
  • Assigns, supervises and reviews work; ensures staff compliance with District policies and procedures including Personnel Rules and Administrative Procedures; completes performance reviews; addresses employee complaints and grievances; may recommend employment actions such as hiring, transfer, suspension, promotion or discharge.

Other Job Functions

  • Performs other duties as assigned.

Environmental Conditions

Work involves a combination of office work and work in the field.  Office work is performed in a typical office environment and requires the use of standard office equipment including computers.  Field work is performed in a wastewater treatment plant environment and may include exposure to a variety of operating mechanical equipment, loud noise and/or noxious odors.  Field work requires the operation of a motor vehicle.

Desirable Knowledge, Skills and Abilities

  • Considerable knowledge of the concepts and practices of risk management.
  • Knowledge of risk management information systems.
  • Skill in the use of on-line claims data systems to compile, analyze and summarize claims and risk management data.
  • Ability to understand and interpret complex insurance contracts and other technical documents.
  • Ability to collect, monitor and record risk management data and produce reports.
  • Ability to coordinate and manage project teams and provide project oversight.
  • Ability to plan and supervise the work of subordinate analysts and administrative staff.
  • Ability to communicate effectively, orally and in writing.

Minimum Qualification Requirements

Graduation from a four-year accredited college or university majoring in risk management, finance, accounting, business administration, public administration or a related field and four years of experience in risk management activities.


Additional risk management experience may be substituted for the required education on a year-for-year basis.  Graduate study in pertinent fields may be substituted for the technical experience on a year-for-year basis.

Promotional Requirement

  • None

CLASS: 20002535; EST: 1/1/2014; REV: 8/1/2021;