City of Tampa

Risk & Insurance Analyst (#052960) N33

$34.18-$51.26 Hourly / $5,924.53-$8,885.07 Monthly / $71,094.40-$106,620.80 Yearly


Introduction

Health, vision, dental, and life insurance; annual and sick leave; paid holidays; pension and tax-deferred compensation (457) plans; and more.

Nature Of Work

The employee in this class is responsible for high level technical work of more than average difficulty in coordinating multi-million dollar insurance plans and in making sound financial/analytical decisions as to methods for improving results.  The employee provides professional level support in the liability/property area; review supplier contracts and relevant insurance certificates. Evaluates programs and activities to identify potential loss exposures and assist in developing recommendations to address such exposures. Responsible for coordinating the certificate of insurance process to include evaluation of certificates of insurance submissions.  Under direction, implements major changes in insurance related areas that financially benefit the city; substantial effort is required in the area of property insurance. Ability to build relationships with external vendors and internal departments to assist in making insurance decisions. Considerable initiative and independent judgment are required in measuring insurance requirements and in designing, implementing, and monitoring all insurance processes.  Work is reviewed through conferences, reports submitted, and results achieved.

Examples of Duties

Provides input in the areas of liability and property coverage; analyzes loss frequency and severity and estimates future frequency and severity possibilities; determines the most effective use of internal and external financial resources, including insurance to provide for sufficient funds to meet losses that might occur; develops reports to share data.  

Measures risk assessments against insurance costs and makes financial/analytical decisions in order to improve results; designs and implements major changes in insurance programs which will financially benefit the city; monitors insurance programs.  

Maintains relationships with departments relating to risk assessment and coverage options; primary liaison for all data submissions for annual insurance renewals.  

Researches and analyzes highly technical information which is presented in mathematical/statistical format; assists in reviewing standard operating procedures and manuals.  

Reviews major leases and insurance contracts; assists with coordination of risk control efforts.

Participates on the city’s special events committee when evaluating any risks that  might affect the city.  

Participates in preparation of requests for proposals and bid packages as required to contract for insurance and all related services.  

Conducts training workshops/seminars to make others aware of basic insurance and risk concepts.  

Attends seminars, conferences, and other professional meetings in order to obtain information on new programs and ideas which might be applicable to city government.  

Performs related work as required.

Knowledge, Skills & Abilities

Considerable knowledge of:  risk process, insurance and related services; state, federal and other laws or mandates governing the insurance and risk fields.  

Working knowledge of:  statistical and financial analysis methods; reporting; proper procedures, techniques, and formats for preparation of requests for proposals and bid packages.    

Knowledge of:  liability and property damage areas of risk management;  computer systems and their application to the area of insurance and risk management.  

Ability to:  analyze and understand highly technical information in mathematical/ statistical format; perform financial analyses and prepare sound recommendations; prepare and present reports in a clear, effective manner orally and/or in writing; measure insurance needs against insurance costs; design, implement, and monitor new insurance/ benefits programs.

Minimum Qualifications

Graduation from an accredited college or university with a bachelor’s degree in insurance, finance or a related field and considerable experience in all facets of the insurance business, preferably in the areas of hazard and operational risk management/ enterprise risk management.  Master’s degree preferred.

Licenses or Certifications

Possession of valid Florida driver’s license required.

Comments

Employees may be required to work rotating shifts, including nights, weekends, holidays and overtime as needed. During periods when the Mayor issues an emergency declaration for the City of Tampa, all employees may be required to work in preparation, response or recovery activities related to the stated emergency.


CLASS: 052960; EST: 4/19/2019;