Regional Campus: Rutgers University-New Brunswick
Posting Number: 17ST1878
Job Type: Full Time
Rutgers, The State University of New Jersey, is seeking an Assistant Director, Department of Risk Management and Insurance, Contracts Specialist for The Department of Risk Management & Insurance. In this important role, the insurance and risk management professional reports to the Executive Director of Risk Management and Insurance. The Assistant Director's primary role is to protect the reputation and financial interests of the university by providing review, analysis and recommendations regarding the insurance, liability and indemnification clauses of various university-related contracts and agreements. This individual works independently at managing various risk management and insurance initiatives, as outlined and delegated by the Executive Director, and may assume specific responsibilities in the areas of property and casualty insurance, loss prevention and safety, and management of self-insured claims. Among the key duties are the following:Responsible for the implementation of Department objectives via collaboration with individuals, in all divisions of the university, with respect to compliance with university policies and procedures relating to the application of sound risk management principles.
Ensures the ongoing operations of the Department during the Executive Director's absence.
Reviews the adequacy and appropriateness of the insurance, liability and indemnification clauses in various contracts relating to: clinical affiliation agreements, research licensing and trademark agreements, corporate sponsorships, lease agreements, and other contracts, in order to ensure protection of the university's financial interests and operations.
Develops and negotiates alternative contract wording to best serve and protect the university's interests.
Review and issuance of incoming and outgoing Certificates of Insurance.
Establishes and/or manages procedures for clerical functions and maintenance of records.
Provides training to office personnel in all office systems, policies and procedures, as needed.
Coordinates loss prevention safety programs and works with various university departments in developing and maintaining disaster recovery programs.
Provides risk management guidance and technical expertise to various university department's and organizations, assuring safe and responsible conduct and activities.
Home Location Campus: Off Campus
Required Knowledge, Skills, and Abilities:The ability to interact successfully with a broad spectrum of executive, academic and staff personnel.
A demonstrated ability to effectively support risk management functions, as well as being able to provide the necessary development, planning and evaluation of various risk management and insurance programs is essential.
The candidate must have a working knowledge of coverage afforded under commercial general and professional liability insurance and how coverage relates to various insurance and indemnity provisions of contracts.
Additionally, the candidate must possess excellent communication skills, both written and oral, in order to articulate positions on complex insurance and indemnity issues.
The candidate must be able to prepare certificates of insurance that meet the contractual requirements of various types of contracts such as affiliation agreements, grants, leases, research and technology transfer agreements.
Department: Risk Management & Insurance