Metropolitan Water Reclamation District of Greater Chicago

Risk Manager (#20002540)

General Statement

Under direction, responsible for the development and administration of a comprehensive risk management program.

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.
  • Develops a risk management strategy for the District, identifying both short and long-term goals; researches, evaluates, and makes recommendations regarding current and state-of-the-art trends in risk management, loss control and claims management strategies.   
  • Identifies and analyzes potential impact of exposures of loss faced by the District and works with others, as appropriate, to develop strategies to mitigate these risks.   
  • Directs the purchase of risk related insurance programs, including self-insured programs; negotiates insurance placement, pricing, coverage, structure, limits, and retentions/deductibles for all insurance policies.  
  • Manages risk management vendor relationships and service agreements, including insurance brokers, third party administrators, insurance companies, and risk management information systems (RMIS); establishes formalized service standards with service providers.   
  • Provides consultation and technical advice on insurance and risk management issues to senior and operating management; prepares and presents periodic reports to senior and operating management.   
  • In conjunction with Law, establishes contract standards for insurance and indemnification language; reviews leases, contracts, and other legal documents to assure compliance with insurance and risk management policies. 
  • Works with Safety and operational management to establish and maintain a strategy for assuring a safe work environment and for reducing the incidence of worker injury, including an effective Return-to-Work program.    
  • Analyzes loss data to identify key trends and develop appropriate cost containment techniques.   
  • Coordinates internal and external loss control activity; reviews and provides recommendations on insurance carrier loss prevention reports.   
  • Oversees District’s non-litigated liability, property, workers’ compensation, and other miscellaneous insurance related claims management processes and activities; collaborates with legal and other personnel on pertinent claims matters.    
  • Develops and maintains the District’s Emergency Operations Plan and Business Continuity Plan and related documents; develops and coordinates exercises to train key staff and test the plans.  
  • Prepares and manages the annual risk management budget, including insurance, claims, and associated services. 
  • Develops standard processes and procedures for risk management functions. 
  • Assigns, coordinates and supervises work done by subordinates; rewards, disciplines, directs or adjusts grievances of other employees or effectively recommends their hiring, transfer, suspension, layoff, recall, promotion or discharge.

Other Job Functions

  • Performs other duties as assigned.

Environmental Conditions

Typical office environment.  May use standard office equipment and computer terminals.

Desirable Knowledge, Skills and Abilities

  • Thorough knowledge of the concepts and practices of risk management. 
  • Knowledge of risk management information systems.   
  • Basic knowledge of the principles and practices of plant and office safety. 
  • Basic knowledge of emergency response programs.
  • Excellent organization and multitasking skills.  
  • Ability to understand and interpret complex insurance contracts and other technical documents.
  • Ability to analyze and interpret data.
  • Ability to plan and supervise the work of others in a manner conducive to full performance and high morale. 
  • Ability to express oneself clearly and concisely, orally and in writing.


Minimum Qualification Requirements

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


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: 20002540; EST: 1/1/2012; REV: 2/1/2021;