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Commercial Risk Manager Jobs in Utah (NOW HIRING)

Oversees the CDL and Safety Sensitive random drug testing program. * Serves as Chair of the City ... Responsible for the management of the Risk Management Internal Service Fund and the calculations of ...

Risk Manager

Draper, UT · On-site

$75K - $126K/yr

Oversees the CDL and Safety Sensitive random drug testing program. * Serves as Chair of the City ... Responsible for the management of the Risk Management Internal Service Fund and the calculations of ...

Oversees the CDL and Safety Sensitive random drug testing program. * Serves as Chair of the Citys ... Responsible for the management of the Risk Management Internal Service Fund and the calculations of ...

Risk Analyst

South Jordan, UT · On-site

$57K - $85K/yr

The Risk Analyst reports to the VP-Risk Manager and is primarily responsible for supporting risk ... For over 100 years, the Association has been providing agricultural lending services to commercial ...

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Commercial Risk Manager information

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a Commercial Risk Manager do?

A Commercial Risk Manager is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

What are the key skills and qualifications needed to thrive as a Commercial Risk Manager, and why are they important?

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.
What are popular job titles related to Commercial Risk Manager jobs in Utah? For Commercial Risk Manager jobs in Utah, the most frequently searched job titles are:
What cities in Utah are hiring for Commercial Risk Manager jobs? Cities in Utah with the most Commercial Risk Manager job openings:
Risk Manager

Full-time

Medical, Life, Retirement, PTO

Posted 20 days ago


Job description

POSITION SUMMARY:

Under the supervision of the Assistant City Manager, coordinates the City of Draper's risk management, loss control and workplace safety programs; investigates, evaluates, and resolves liability, property and auto claims; compiles and interprets risk management data and insurance plans; and prepares training with an emphasis on prevention of injuries, occupational diseases, vehicle accidents, equipment and material damage, and City liabilities.


SUPERVISION EXERCISED:

  • None


ESSENTIAL FUNCTIONS:

  • Performs a variety of administrative duties related to planning, organizing, coordinating, and implementing City-wide risk management, loss prevention, inspections, safety, and other programs.
  • Establishes and maintains City risk management policies.
  • Manages the City's Worker's Compensation claims; reviews and analyzes all incidents involving workers compensation exposure; properly documents all supporting information for each claim; ensures that the electronic reporting and record system for the claims is efficient and effective, monitors loss work time and updates the OSHA 300 log; follows-up with injured employees and departments regarding light duty work and return to full duty work; meets with departments to analyze problem areas and determine corrective actions that will reduce frequency and severity of accidents.
  • Serves as the liaison for the City with the City's workers compensation insurance provider on all workers compensation claims.
  • Oversees the CDL and Safety Sensitive random drug testing program.
  • Serves as Chair of the City's Risk Committee and Safety Committee. Responsible for recordkeeping, preparing agendas, notifications to employees.
  • Coordinates the identification of exposures, and works with departments to appraise, analyze, and evaluate exposures to accidental, legal, and regulatory losses through surveys, inspections, records, and contract reviews.
  • Manages insurance procurement and manages claims process.
  • Works with our insurers to respond to requests for certificates of insurance and claims history documentation.
  • Handles the subrogation process when City property and equipment are damaged.
  • Conducts training seminars to promote City-wide awareness and program compliance and tracking for OSHA, workers compensation, harassment-free workplace, driver safety, personal protection, accident prevention, etc.
  • Assists in on-site safety and loss control inspections by departments, insurance programs, UOSH, etc.
  • Maintains inventories of City properties and equipment values and tracks capital projects to ensure adequate insurance coverages.
  • Manages legal claims processing activities, including claim intake and review; conducts general investigations of claims to determine validity and liability. Maintains claims database and files.
  • Coordinates investigations by the City departments or the City's insurance pool (Utah Risk Management Mutual Association, or "URMA"), as appropriate. Notifies URMA of claims and litigation and acts as liaison between URMA, the City's insurance broker, and insurance policy underwriters.
  • Coordinates URMA's annual premium modification inspection of City facilities and operations.
  • Responsible for the management of the Risk Management Internal Service Fund and the calculations of the annual chargebacks to the various departments.
  • Functions as City's ADA Compliance Officer and may represent the City on related committees and meetings.
  • Performs other related duties as required.


MINIMUM QUALIFICATIONS:

  • Education -
    • Bachelor's degree in public administration, risk management, industrial safety, human resources, health sciences, or related field.
  • Experience -
    • Minimum of two (2) years full-time related experience or an equivalent combination of related education and experience.
  • License and Certification -
    • Must possess a valid driver license.


KNOWLEDGE, SKILLS AND ABILITIES:

  • Knowledge of -
    • Employer liability insurance and risk retention programs; design and maintenance of safety programs; and compliance requirements for regulatory programs such as OSHA, ADA, DOT drug and alcohol, etc.
  • Skilled with -
    • Excellent written and oral communication skills and the ability to give oral presentations in a training environment
  • Ability to -
    • Implement training programs and maintain records; work effectively with those contacted in the scope of work; track and reconcile billings, and prepare complex reports, graphs, and charts; independently research and resolve recurring problems.
    • Operate various computer software and spreadsheet programs, and maintain databases and hard copy filing systems.

WORKING CONDITIONS AND PHYSICAL DEMANDS:

Typical office setting with comfortable climate controls. Tasks require a variety of physical activities such as walking, standing, stooping, bending, sitting, reaching, talking, hearing and seeing. Common eye, hand, finger dexterity required for most essential functions. Mental application utilizes memory for details, verbal instructions, emotional stability and discriminating thinking and creative problem solving. Occasionally
lifts or otherwise moves objects weighing up to 50 pounds. This position has exposure to stressful situations. Work is often performed under deadlines and time constraints. May drive a motor vehicle.


Draper City is an equal opportunity employer without regard to race, color, religion, sex, national origin, disability, age, pregnancy, genetic information, sexual orientation, gender identity, citizenship, and veteran or military status.


The intent of this job description is to provide a representative summary of the major responsibilities and duties performed on the job. It is not intended to be an exhaustive list of all job-related tasks and duties that an employee may perform. An employee in this position will be required to perform any other job-related duties required by their supervisor. This job description is not intended to and does not infer or create any employment, compensation, or contract rights to any person or persons. This updated job description supersedes prior descriptions for the same position. Management reserves the right to add or change duties at any time.


COMPENSATION AND BENEFITS:

  • Monday to Friday, 40 hours per week. (Schedule to be determined.)
  • Salary range: $75,807.05 - $126,345.09 (Starting wage is dependent on experience.)
  • Health insurance (Traditional or HDHP with employer HSA contribution up to $3,400 per benefit year) effective DOH or Medical Cash Out
  • Gym and Wellness Incentive Program Reimbursement
  • 401(k) up to 3.5% match effective DOH
  • Enrollment in Utah Retirement System (URS)
  • Employer paid Life Insurance of 100K
  • Paid vacation and sick leave
  • Paid parental leave
  • 13 holidays
  • Tuition Reimbursement eligibility after completion of new hire probation
  • Accessible via TRAX (City Hall is across the street from Draper Town Center stop on the blue line)