The Risk Analyst is accountable for administration of the District’s Enterprise Risk program, including assigned duties in wholesale market and credit risk, retail credit risk, insurance claims and policy management. Analyst will support ad-hoc analysis of other District activities as assigned and lead development, implementation and application of assigned parts of the District’s Enterprise Risk platform and processes.
Essential Functions: -- Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following:
Leads projects associated with the build out and application of the District’s Enterprise Risk Platform, as well as process improvements to risk functions to improve efficiency and foster review, analysis, and lessons learned from District data.
Coordinate wholesale commodity deal review, wholesale position and credit reporting using approved District models and the OATI system, credit support for wholesale and large retail accounts with associated systems including MSGP.
Maintain, support, and facilitate evolution and improvement of the policies and processes by which Grant PUD operates and supports the market and credit risk management of its position in retail and wholesale energy markets through assigned projects and observation, reporting, and fostering solutions to noted areas of concern.
Other Enterprise Risk responsibilities:
Assists Risk Manager with data requests, analysis and preparation of risk management presentations, gathers and circulates required background
Reviews various District policies for
Claims administration, including:
Claims investigation and processing within the District’s self-insured retentions, reporting larger claims to insurers and providing coordination of claim details between adjustor, broker, and District staff, referral as necessary to legal
Monitor the District’s Self-Insurance Reserve
Working with local authorities, investigate and invoice third parties for damage to District property incidents, monitor for
Provide quarterly reports on claims activities to Commission, facilitate financial recording of insurance activity with
Provide input and risk assessment on contract insurance language and Certificates of Insurance. Coordinate with broker, auditor, and legal counsel as necessary on contract issues.
Administration of enterprise-wide insurance programs, manages relationships and requirements with the District’s insurance brokers. Assist in District’s process for property, casualty and surety policy selections, premium and/or renewal negotiations, and policy review with broker representatives and underwriters. Acts as a liaison with insurance vendors and consultants; completes insurance applications and responds to surveys.
Review and update Insurance and Claims policies and procedures, as necessary. Other duties as assigned.
Demonstrated commitment to Grant PUD’s mission, vision, values, strategic plan and Vision 2021. The incumbent should be familiar with these organizational priorities and behave in a way that aligns with these expectations.
Understand and adhere to compliance requirements for this position that may include laws, regulations, security guidelines, Grant PUD policies & procedures.
Actively participate in all aspects of our safety program, including but not limited to:
Following all safety policies and procedures;
Alerting supervisors and coworkers to unsafe or hazardous working conditions;
Reporting any safety incidents or close calls within 24 hours to your supervisor; and
Accepting feedback from supervisors and coworkers regarding your own safety performance.
Bachelor’s degree in business or equivalent experience preferred plus three years related experience. Washington State Insurance training/professional certification preferred.
Minimum of one year of experience required within a risk management department, insurance company, insurance brokerage or related finance area of experience. In lieu of the specific risk and insurance experience, other business-related experiences demonstrating an aptitude to learn and perform the required duties and responsibilities may be considered.
Knowledge and Skills
Knowledge of – insurance practices followed by utilities; commercial insurance policies; contractual/legal experience desirable; mediating and resolving complex problems and issues, negotiations and dispute resolution; effective communication with internal and external stakeholders.
Skill in – abilities to advance an issue or problem from identification through resolution; strong project management; excellent interpersonal skills and ability to interact with a diverse audience; demonstrating effective and accurate communication skills and information management in both written and verbal forms, interactions with Management, other employees, vendors, and/or customers; development and maintenance of spreadsheet models; demonstrating problem solving and analytical skills; versions of MS Office products; managing detailed, multifaceted tasks; working with confidential information, materials and files in an appropriate, professional and discrete manner; establishing and maintaining effective working relationships with all clients internally and externally; working independently with a high degree of initiative, organizing priorities, dealing with interruptions; performing well in a team environment, under tight deadlines; sound judgment in making decisions and evaluating claims.
A valid State driver’s license is required.
Duties are customarily performed in an office environment. Call-outs for incident investigation may require after-hours trips inside the county.
*applicant/incumbent should refer to the Physical Capacity Evaluation (PCE).
Closing Date to Apply: Open Until Filled
Excellent Compensation and Benefits Package
Equal Opportunity Employer
References and Background Checks are done as part of our employment process.
Additional Salary Information: Annualized DOE
Internal Number: PR748
About Grant County Public Utility District
We are a public electric utility serving more than 40,000 customers in Grant County. We own and operate the Priest Rapids Project on the Columbia River in Central Washington. The Priest Rapids Project, comprising Priest Rapids and Wanapum dams, has the capacity to produce more than 2,000 megawatts of clean, renewable and reliable electricity.
Grant County is a rural, predominantly agricultural region. Local ownership and control of power resources has helped the county grow and prosper. Our low-cost power has allowed the county to attract new businesses and create more jobs to help drive our regional and state economies.
As a customer, you have a say in policy, much like the stockholder of a private corporation. We have a five-member board of commissioners made up of local citizens elected on a nonpartisan basis by the people of Grant County. Our commissioners set policy, review operations and approve budget expenditures.