Risk Analyst

Position OverviewThe Office of Audit, Risk & Compliance provides leadership and university-wide services that strengthen accountability, mitigate significant risks, and reduce the consequences of non-compliance with federal and state laws. The Risk Analyst works directly with the Insurance and Risk Management Director and others to fulfill this mission through administration of a robust risk management program for the university and its affiliated entities. Responsibilities include the facilitation of effective and efficient risk assessment, monitoring, reduction, and insurance strategies; risk awareness and education; and policies, standards, and guidelines. The analyst serves as a key partner across the institution, collaborating with a variety of university members, department managers, faculty, and staff, as well as with external partners, including legal counsel, insurance brokers, insurance company personnel, and third-party vendors.
In addition to a competitive salary, KU offers great benefits to employees with up to 176 hours of paid vacation per year, 8 hours of sick leave earned every month, nine paid holidays plus one discretionary day, a retirement program, medical & dental insurance, life and disability insurance, other benefit plan options and State of Kansas discounts offered by various vendors. KU also offers employees educational and professional development opportunities. KU is a great place to work! The University actively encourages applications from members of underrepresented groups.
Job Description60% Insurance Program/Claim Support:

• Aid in the compilation of underwriting data, claims information, and coverage changes.
• Actively assist units and departments with their insurance applications in order to ensure timeliness and accuracy of submissions.
• Monitor identified insurance and risk management issues, document information/data as it is received by OARC, and track through the follow-up process.
• Design, develop, and maintain tools and methods to collect and store insurance and risk management related data and projects. Ensure all materials are up to date and properly stored.
• Procure certificates of insurance and verifications of providers coverage/claims history upon request along with other requested information in a timely manner.
• Ensure that invoices for insurance coverage are processed, allocated, and paid in a timely fashion.
• Maintain records, combine data from multiple platforms, and prepare reports.
• Support professional liability programs.
• Maintain a strong service focus by developing productive working relationships and regular communication with team members, university affiliates, and administration.
• Foster a consultative role regarding insurance topics throughout the university.
• Manage insurance claims by actively engaging with the impacted party/unit and ensuring that communication with the broker/insurer is efficient and that all parties remain informed throughout the process.

20% Professional Liability Enrollment:

• Assist in the Graduate Medical Education professional liability enrollment

15% Risk Mitigation Activities/Process & Program Improvement:

• Assist with identifying additional risk mitigation measures that might accompany risk transfer and which might help to limit personal injury, property loss, or other negative financial impacts.
• Assist with improving internal risk management process in order to better and more efficiently serve customer/clients.
• Administer and manage TDX task tracking workflows

5% Office of Audit, Risk, and Compliance Support:

• Serve on various committees or standing meetings as needed.
• Identify ways to improve communication and relationships with other departments and affiliates within the university.
• Performs other duties as assigned.

Required Qualifications

1. Bachelor’s degree in a related field and 2 years of related experience.
2. Proficient in Microsoft Office Suite and team collaboration applications as evidenced by work experience.
3. Effective analytical skills, verbal and written communication, keen attention to detail, and the ability to successfully prioritize and execute on multiple tasks and meet deadlines as evidenced by application materials.

Preferred Qualifications

1. Experience in an insurance agency/brokerage
2. Experience with the development and implementation of ERM programs.
3. Experience working within a higher education institution or comparable organization.
4. Excellent interpersonal and verbal communication skills, including strong critical thinking skills, ability to approach problems objectively, draw conclusions, and develop recommendations, as evidenced in the interview process
5. Experience using TeamDynamix (TDX) or web content management applications

Additional Candidate InstructionsIn addition to the online application, the following documents are required to be considered for this position:A cover letter addressing how required and preferred qualifications are met.

Resume or curriculum vitae.

Contact information for three professional references.

Incomplete applications will not be considered.
Application review begins Monday, February 26, 2024 and will continue until a qualified pool of candidates has been identified.
#LI-HR1Contact Information to ApplicantsBen Schultheis
benschultheis@ku.eduAdvertised Salary RangeStarting at $64,000.00Work Schedule8:00 am to 5:00 pm or as determined, Mon-FriApplication Review BeginsMonday February 26, 2024Anticipated Start DateMonday April 8, 2024Apply to Job