Deputy Director, OCIP

Description

• Select, develop and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for discipline/termination of employees when necessary. Review performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
• Responsible for the overall management of a staff of 2 people including the Sr Claims Administrator, 1 Analyst and approximately 7 consultants.
• Responsible for the management of all existing and future OCIPs and directly supervises all safety and loss control activities associated with such programs including services rendered by private service providers.
• Manage and monitor the Investment Portfolio contractor and produce reports as required.
• Ensure compliance over the OCIP brokers, including OCIP administration and audits, and responsible for negotiating, reviewing insurance policies, and procuring adequate OCIP coverages, for all OCIP programs.
• Provides financial modeling and reporting to senior management and stakeholders, as well as reviewing and commenting on all financial ideas or products presented by consultants in regard to the OCIPs and monitors performance of programs selected.
• Oversees, reviews, and promptly approves the creation and processes of all OCIP WAR Certificates encumbering funds needed for OCIP premiums, safety programs, contractor safety incentive awards, and any other services needed to support the OCIPs.
• Interacts with high level Agency executives regarding the handling of OCIPs, including making presentations when necessary.
• Analyze OCIPs financials, including premium allocations, collateral requirements, and cost projection, and provides OCIP statistical cause and effect, safety and security data to all related departments to support risk management activities regarding and recommends action to reduce loss.
• Manages the administration of all Contractor Safety Incentive Programs, monitors costs, ensures services and billing are adequate and in compliance with Contractors (broker) Agreements.
• Develop and assess loss picks, ensuring accuracy in estimating future claims costs. Oversees OCIP claims and settlements and monitors third party administrators (TPA) to check for, cost, accuracy and best practices.
• Monitors and manages claim reserves, working with TPAs and insurers to adjust as needed, and conducts trend analysis to identify loss drivers and recommend risk mitigation strategies.
• Performs all necessary support and related duties as assigned by the Deputy Chief as required.

• Must have knowledge of the implementation of self-insurance, commercial insurance and reinsurance.
• Must have knowledge of risk management.
• Must have an expertise in loss forecasting, actuarial methods, and reserve adequacy assessment.
• Demonstrated knowledge of OSHA and FRA regulations and experience in administrating construction safety programs.
• Outstanding organizational skills and strong analytical judgment. 
• Demonstrated analytical capabilities and quantitative skills.
• Must be flexible in work assignments and be able to prioritize work independently. 
• Excellent communication skills and ability to deal effectively with various management levels both internally and externally.
• Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short- and long-term goals and direction for the area of responsibility.
• Demonstrated ability to work in a high-profile, high-pressure environment effectively.
• Maintain membership in professional safety organizations to keep abreast of current trends in safety and loss control.
• Demonstrated proficiency in Microsoft Office Suite or comparable applications, i.e., Word, Excel, PowerPoint, and Outlook.

• Bachelor’s degree in Finance, Risk Management, Business, or a related field or an equivalent combination of education and experience from an accredited college may be considered in lieu of a degree.
• A minimum of 10 years related risk management experience, all insurance programs and including at least 4 years in a managerial and/or leadership role in a large, multi-faceted, fast-paced organization or governmental body preferred.

• Certified Safety Professional (CSP) designation preferred.
• Master’s degree in a related field.
• Prior experience working in a large, multi-faceted, fast-paced organization or governmental body.
• Familiarity with the MTA’s policies and procedures.
• Familiarity with the MTA’s collective bargaining procedures.

Salary : $133,519 - $166,899