Nov 21, 2018

Senior Risk Analyst

  • The Port Authority of NY & NJ
  • New York, NY, USA
Full time Finance

Job Description

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.

Under the supervision of the Manager of Risk Financing, the successful candidate will analyze all manner and types of contracts that the Agency enters into (e.g. construction contracts, leases, permits, easements, rights of entry, MOU’s); be able to identify exposure to liability or financial loss that may result from claims arising from bodily injury or property damage, and craft insurance language that will transfer risk to the counterparty.

Candidates must present the following qualifications to be considered eligible for this position:
* The incumbent MUST be knowledgeable in contractual risk transfer methods and be able to efficiently review all manner of agreements
* Bachelor’s Degree in risk management, finance, business, or law and minimum of five (5) years of experience in contractual risk analisys relatining construction; or
* Associate Degree in risk mamagement, finance, business, or law and minimum of seven (7) years of experiecne contractual risk analisys relatining construction,
* Ability to assess risk
* Thorough knowledge of construction and operational insurance coverages and other risk transfer mechanisms
* Ability to interact effectively with internal and external clients
* Experience in reporting, investigating and evaluating insurance claims would be helpful
* Knowledge of current developments in contractual insurance provisions, wording and terms
* Understand the insurance broking process and have the ability to interact with insurance brokers, claims adjusters and attorneys.
Ideal candidates will present the following profile:
* Excellent verbal and written communication skills
* Demonstrated ability to prepare formal presentations
* Exceptional analytical skills with attention to detail
* Must have ability to work independently or as part of a team
* Adept at managing multiple projects under tight deadlines
* Strong PC skills, including, Excel, Word and PowerPoint
* Candidates possessing or working toward Property and Casualty Broker’s License (license is not required for this position) CPCU, ARM or equivalent professional designations are preferred
The Port Authority of New York and New Jersey offers a competitive salary, an outstanding benefits package and a professional environment that supports development and recognizes achievement.

The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.
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