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About the Department
The Finance Department is currently seeking to fill one (1) Risk Manager in the Purchasing & Risk Management Division. If you are interested in this position, please apply! The mission of the Finance Department is to manage, protect, and report on City of San José financial resources to enhance the City’s financial condition for residents, businesses, and investors.
The Finance Department has five core divisions:
Accounting
Administration
Debt & Treasury Management
Purchasing & Risk Management
Revenue Management
The Finance Department works in partnership with the departments of Human Resources, Information Technology, and Public Works as the City’s Strategic Support City Service Area to effectively develop, manage, and safeguard City fiscal, physical, technological, and human resources to enable and enhance the delivery of City services and projects. The Finance Department has a $27.4 million operating budget and 128 budgeted full-time equivalent (FTE) positions.
The City of San José Risk Manager will plan, organize, coordinate, and execute a risk management program with the objective of conserving financial, physical, and natural assets against the effects of loss. The successful candidate will recommend strategies for protecting the City against all financial exposures and risks. The position reports to the Deputy Director of Finance, Purchasing and Risk Management Division.
The Risk Manager will be responsible for safeguarding City’s properties (with a replacement value at $7.1 billion) and other assets through the selection of brokers and purchase of insurance to guard against catastrophic events, when the frequency of events cannot be predicted, when the severity of potential loss could seriously hamper operations, and where the cost of the insurance policy is not prohibitive.
Annually, the City works with its insurance broker to review and analyze the City’s insurance and coverage requirements and obtain competitive insurance quotes. The Risk Manager reviews the City’s risk exposures with the City’s insurance broker to analyze the City’s needs and present them to insurance carriers to obtain the most cost-effective insurance coverage. Insurance policies include:
•Property Insurance
•Airport Owners and Operators Liability
•Secondary Employment Law Enforcement Professional Liability
•Automobile Liability for Airport and Regional Wastewater facility fleet vehicles
•Auto Physical Damage for Airport Shuttle Bus-Physical Damage
•Aircraft Hull and Liability for Police and Fire Department Aircraft (including Drones)
•Government Crime
•Fiduciary Liability
The Risk Manager works with insurance carriers to facilitate property appraisals and risk engineering studies and with City Departments to implement property loss control recommendations from carriers. Other major functions include: contractual risk transfer of contracts with vendors and consultants through insurance requirements; insurance compliance review for contracts; subrogation to recover losses from damage to City’s properties by third parties; coordination with the broker and City Departments on the establishment and administration of owner controlled insurance programs (OCIPs), management of property and casualty insurance claims, budget planning, and support on public assistance recovery claims. The City’s self-insured Worker Compensation program is managed by the Human Resources Department and Liability claims are handled by the City Attorney’s Office.
Education and Experience
Bachelor’s Degree from an accredited college or university in public or business administration, insurance, finance, risk management or a closely related field; and six (6) years of progressively responsible in a risk management, safety loss control, or general liability insurance program, including two (2) years with supervisory and management authority over staff, and financial responsibility within the program area or division.
Required Licensing
Associate in Risk Management certification
FOR MORE DETAILS AND TO APPLY, PLEASE CLICK ON THE FOLLOWING LINK: https://www.governmentjobs.com/careers/sanjoseca/jobs/5043892/risk-mana…
