Risk Management Intern

POSITION SUMMARY: This position is responsible for the third-party vendor process. In this position, you will assess the subsidiary's needs in hiring a vendor and what risks it may impose on the subsidiary. As part of the assessment, you will implement contracts and insurance requirements to minimize that risk. This position also interacts with the subsidiaries as appropriate in the implementation and assessment of risk management activities.

***THE POSITION IS TO START IMMEDIATELY***

SUPERVISION RECEIVED: Works under general guidance of the Risk Supervisor.

SUPERVISION EXERCISED: None.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
Other duties may be assigned.

• Handles (analyze, evaluate and negotiate) all contracts and insurance requirements when hiring a vendor. Able to follow the service instructions when analyzing a new vendor.
• Communicate and create monthly reports to subsidiary personnel.
• Review and analyze non-compliant vendors to request necessary documents to make them in compliance.
• As new vendor types are hired by subsidiary personnel, able to analyze and create a new vendor packet inclusive of a contract, insurance requirements, and any necessary operating authority.
• Some claim types of Recovery, Crime, Auto, Workers Compensation, General Liability and Property will be assigned as workload permits. Able to follow the service instructions when a claim is assigned.
• Respond to internal departments request regarding DOT accidents on file.
• Coordinate certificate of insurance requests for the subsidiaries' customers ensuring they meet insurance requirements in a timely manner.

QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

• Education/Experience: Working towards a Bachelor’s degree (B. S.) from four-year college or university; and one (1) year related experience and/or training; or equivalent combination of education and experience.
• Language Ability: Ability to write reports, contracts, and any other vendor documentation within a vendor packet. Ability to effectively present and analyze information and respond to questions from groups of managers, customers, co-workers and vendors. Must possess exceptional organization, multi-tasking and communication skills.
• Computer Skills: Must be able to operate a company computer and other various standard office machines and equipment necessary to complete duties. Must have extensive knowledge of computer systems requirements and ability to maintain assigned systems. Word, Excel, PowerPoint and SharePoint skills a must.
• Analytical Skills: Must be able to research multiple scenarios and work with various business partners to come to conclusions on the most protective solution for the company in terms of insurance.