Risk Management Specialist Job in , Risk Management Career, Full Time Jobs in The Church of Eleven22 (2024)

Description

Job Title: Risk Management Specialist

Ministry/Department: Finance Ministry

Reports to: Executive Director of Finance and Risk Management

Status: Full-time, exempt

Supervisory Role: No
Objective

This position is responsible for partnering with the Executive Director of Finance and Risk Management with ongoing analysis, administration and the annual renewal of the insurance programs for The Church of Eleven22®, Hope's Closet® Thrift and The Retreat Center.

This position will perform related risk management functions including helping to identify and assess factors that could contribute to risk or liability for the organization. The Risk Management Specialist also partners and collaborates with ministries to promote risk management best practices through the organization.
Key Responsibilities

  • Collaborate with Executive Director of Finance and Risk Management with insurance renewals such as gathering and evaluating exposure data such as vehicle/driver schedules, property and equipment values and other data necessary in the renewal process
  • Partner with company's insurance brokers to ensure that secured insurance policies meet the company's ongoing business needs and align to risk tolerance
  • Serve as main point of contact (POC) for insurance-related questions between the business and insurance broker to ensure requests are being met completely and in a timely manner
  • Establish and monitor the lifecycle of certificates of insurance, ensuring they align with business needs and required risk coverage
  • Complete annual insurance audits
  • Manage all property claims obtaining needed documentation to process, submit and report liability and property claims
  • Partner with Executive Director of Finance and Risk Management to co-develop an enterprise risk management program. This includes evaluating policies, processes, tools and techniques that guide and support the church's risk management activities
  • Analyze and assess areas of potential risk by evaluating industry, business and financial data trends to determine impact on organizational activities and risk exposure
  • Collaborate and aggregate data from multiple sources to provide a comprehensive assessment
  • Create reports, summaries and/or process documents to display results surrounding rules, regulations and compliance
  • Provide recommendations on process improvements when gaps have been identified
  • Support compliance with policies and regulatory requirements
    • Creating and implementing audits throughout the year
    • Compiling and presenting results of audits to help identify areas of improvement
  • Collaborate with ministries to promote risk management best practices
  • Complete special projects or other duties as assigned
Competencies
  • Model The Church of Eleven22's mission, vision and core values
  • Ability to maintain strict confidentiality
  • Flexibility and adaptability to handle a fast-paced, ever-changing, deadline-driven environment
  • Skillful at building organizational relationships and partnerships; anticipating needs
  • Excellent interpersonal and problem solving skills
  • Strong proactive written and verbal communication skills; sound judgment and discernment when to communicate potentially serious issues
  • Proficient in analysis programs and systems such as Microsoft Excel, Access and Visio
  • Exceptional organizing abilities and attention to detail
  • Demonstrated ability to work independently, prioritize and manage multiple project deadlines while delivering a consistent, quality work product
  • An adaptable learner with a receptive, absorbent mind and quick critical thinking abilities
Education and Experience
  • Bachelor's degree in Risk Management, Insurance, Finance/Accounting, Business or related field strongly preferred
  • Professional designations or licenses in Insurance or Risk Management preferred
  • Minimum of four years of experience working in related industry preferred
  • Working knowledge of enterprise risk management framework, operational and financial data analysis and non-profit experience preferred
  • Any combination of education, training and working experience that provides the required knowledge, skills and abilities to perform the essential functions of the job
Position Type/Expected Hours of Work

This is a full-time position. Days and hours of work may vary on based on church needs.

The church has several big events, ("All-Skates") throughout the year to help further the mission of Eleven22. These events are mandatory for all staff to be in attendance and may vary, depending on the vision cast for the current year.

Our entire staff family is called to action, so that we can continue to be a movement for all people to discover and deepen a relationship with Jesus Christ.
Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
Physical Demands

This is largely a sedentary role; however, some filing is required. This would require the ability to lift files, open filing cabinets and bend or stand as necessary.
Ministerial Exception

The ministerial exception furthers the purposes of the Free Exercise and Establishment Clauses of the First Amendment by barring legal claims against church bodies by staff members who perform religious functions. All church pastors are subject to the exception, but a formal ministerial credential is not required. While there is no rigid formula to determine other church staff members that qualify, various factors are considered to determine which staff members are subject to the ministerial exception (please see handbook).

Staff members who qualify under the ministerial exception are not covered by federal and state employment and anti-discrimination laws. Please see the Human Resources Ministry team if you have questions on whether you are subject to the ministerial exception.
Code of Conduct

  • We live authenticity
  • We are gospel-centered and mission-focused
  • We are family
  • We are life-long learners
  • We aim for excellence in the experience with zero excess
  • We choose to trust
  • We pray 1st and decide 2nd
  • We glorify God by honoring others
  • Our team unites under clear vision
  • We walk in humble confidence
  • EEO Statement

    The Church of Eleven22 provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, age, sex, national origin, disability status, genetics, protected veteran status or any other characteristic protected by federal, state or local laws. The Church of Eleven22 reserves the right to discriminate on the basis of religion to the full extent permitted by law.

    Risk Management Specialist Job in ,  Risk Management Career, Full Time Jobs in The Church of Eleven22 (2024)

    FAQs

    What is the role of a risk management specialist? ›

    A risk management specialist is responsible for evaluating financial risks that could potentially impact a company or organization. They are also responsible for looking at ways to reduce these risks by analyzing financial positions along with monetary policy so that the company has insurance against future losses.

    What is a career in risk management like? ›

    Risk management professionals seek to identify, analyze and document the risks associated with a company's business operations, as well as monitor the effectiveness of risk management processes and implement needed changes.

    What is the job outlook for a risk management specialist? ›

    Career Outlook for Risk Management Specialists

    The overall job outlook for Risk Management Specialist careers has been relatively unchanged since 2019. Vacancies for this career have slightly decreased by -0.38 percent nationwide in that time, with an average decline of -0.38 percent per year.

    Is risk management high paying? ›

    High-Paying Job Positions in the Risk Management Industry. The average salary of a Chief Risk Officer is U.S. $207,447 per year. A Chief Risk Officer is mainly responsible for: Implementing policies and procedures that minimize and manage an organization's risks.

    What do you need to be a risk specialist? ›

    Education and Experience:
    • Bachelors degree in Risk Management, Finance, Business Administration, or industry-related area required.
    • At least two years of related experience required.

    What are the main tasks of risk management? ›

    Staff and volunteers
    • Manages risk within their area of influence.
    • Follows risk management policy and procedures.
    • Participates in a risk-aware culture.
    • Assesses new risk and monitor change in known risks.
    • Contributes to the continuous improvement of risk management frameworks, processes and culture.

    How do I get into risk management with no experience? ›

    Leverage internships, network with professionals in the field, and stay informed on industry trends. Demonstrating analytical prowess, decision-making skills, and a proactive learning attitude can help bridge the experience gap in risk management.

    Is risk management a stressful job? ›

    The constant pressure to identify and mitigate risks can lead to high stress levels. Work-life balance is essential for Risk Managers to decompress and rejuvenate, reducing the likelihood of burnout and ensuring they remain vigilant and effective in their roles.

    Can you make money in risk management? ›

    While risk management salaries aren't typically as high as other finance fields like investment banking or private equity, it's pretty decent considering the better work life balance and higher job security you're likely to get.

    How much do risk specialists make in the US? ›

    The estimated total pay for a Risk Specialist is $114,971 per year in the United States area, with an average salary of $80,246 per year.

    Is risk a good career path? ›

    Being a Risk Analyst is unquestionably a prestigious and rewarding career choice. To evaluate its attractiveness, let's break down various factors: Opportunities for Advancement (Score: 8): As a high-level position, the Risk Analyst role offers considerable influence and decision-making authority.

    Is there a future in risk management? ›

    Traditional risk management approaches often rely on periodic assessments. However, the future of risk management lies in continuous monitoring and adaptive risk management practices. By leveraging real-time data, organizations can detect emerging risks promptly and respond proactively.

    Can risk managers work from home? ›

    Risk Management Jobs - Remote Work From Home & Flexible. Welcome to remote, part-time, freelance, and flexible risk management jobs! Risk management jobs involve indentifying potential causes for accidents or loss within an organization and recommending and implementing preventative strategies.

    Is risk management a stable job? ›

    Yes, risk management offers a stable career path. The need for risk management professionals exists in various industries. Professionals can stay competitive by continuing to develop their skills to stay competitive.

    What is a risk salary? ›

    FUND RISK SALARY means that portion of a MEMBER'S total remuneration, as agreed from time to time between a MEMBER and EMPLOYER and as specified by the SPECIAL RULES, on which his/her contributions toward DEATH COVER or INSURED DEATH COVER and/or DISABILITY COVER (if any) shall be based. Sample 1.

    What is risk management job function? ›

    The Risk Manager will oversee the organizations comprehensive insurance and risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the organization.

    What are the duties of a risk management consultant? ›

    A risk management consultant is responsible for evaluating the risks involved with a particular financial decision or insurance coverage scenario. As a risk mitigation expert, you leverage your expertise in finance, mathematics, and business to identify potential challenges and develop strategies for them.

    What is a risk reduction specialist job description? ›

    Prepare reports and correspondence. Assist Chief Officers with media and other public information requests. Present public information programs regarding fire prevention, fire protection, and life safety methods and techniques; maintain records of inspections.

    What does an IT risk specialist do? ›

    They develop their company's cyber security defense strategy and safety protocols and implement firewalls, security software, data encryption, and other security measures. Their job description includes monitoring network activity and conducting audits to identify vulnerabilities and develop disaster recovery plans.

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