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Risk Management Analyst Job Opening In Newark – Now Hiring NJ Transit


Job description

Risk Management Analyst
Finance

Job Description:



Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America.

We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible

Summary:

The Risk Management Analyst position supports a broad range of Risk Management & Insurance initiatives and objectives.

This position is to assist the Director of Risk Management with the initiatives being undertaken by NJ TRANSIT, to help implement risk management projects, address insurance related matters, and to assist risk management’s analysis and input with regard to reviews and responses to Procurement, Capital Programs, Real Estate, and other department special project requests.




Roles and Responsibilities:

+ Supports a broad range of Risk Management and Insurance initiatives and objectives

+ Provide Risk Management analytical and administrative services across the organization.



+ Collaborates with and provides Risk Management services to various business units (i.e. Real Estate, Procurement, Capital Programs...)

+ Collaborate with insurance brokers and other third parties as required at the direction of the Director of Risk Management.



+ Assists in the annual insurance renewal to procure commercial insurance for the corporation

+ Manages and assists with the certificate of insurance request process

+ Assists in various insurance and indemnification clauses in documents to ensure NJ TRANSIT’s assets are properly protected when contracting with third parties, including the review of certificates of insurance.



+ Assists with contracts regarding insurance and indemnification issues between third parties, including other railroads, commercial tenants, municipalities, contractors, and other transportation agencies.



+ Provide support in the areas of Corporate Insurance Renewal Marketing by supporting initiatives and preparing application and presentation materials.



+ Review insurance binders, policies, and endorsements for accuracy and completeness.



+ Assists with Risk Management and Insurance claims for the corporation.



+ Effectively communicates with insurance broker(s), vendors, insurers, and NJ TRANSIT employees in a timely and professional manner.



+ Assists Director with Risk Management and other special assignments as needed.



Education, Experience and Qualifications:

+ Bachelor’s Degree preferably in the field of Risk Management, Finance, or related area.



+ Or CPCU or Equivalent professional designation.



+ Two (2) or more years experience in Risk Management or Insurance Programs/Marketing Or Preferred business experience.



Knowledge and Skills:

+ Excellent verbal, written, interpersonal, and strong analytical skills required.



+ Highly skilled in prioritizing and multitasking.



+ Advanced Knowledge of insurance policies, terms and conditions.



+ Must have organizational skills and effective negotiation skills.





At NJ Transit you will enjoy a competitive salary and excellent benefit package:

+ Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision

+ Flexible Spending Account

+ Life Insurance

+ Paid Leave

+ Tuition Assistance

+ Pre-Tax Commuter Benefits Plan

+ Retirement Plans

+ 401(a) - Retirement plan with a 6% employer contribution

+ 401(k) - Retirement saving plan with up to an 3% company match

+ 457(b) - Deferred Savings Plan





At NJ TRANSIT

we support and depend upon the diversity of our staff.

NJ TRANSIT is an

Equal Opportunity Employer.




Required Skill Profession

Other General


  • Job Details

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Unlock Your Risk Management Potential: Insight & Career Growth Guide


Real-time Risk Management Jobs Trends (Graphical Representation)

Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for Risk Management in Newark, United States, highlighting market share and opportunities for professionals in Risk Management roles.

61688 Jobs in United States
61688
105 Jobs in Newark
105
Download Risk Management Jobs Trends in Newark and United States

Are You Looking for Risk Management Analyst Job?

Great news! is currently hiring and seeking a Risk Management Analyst to join their team. Feel free to download the job details.

Wait no longer! Are you also interested in exploring similar jobs? Search now: .

The Work Culture

An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at NJ Transit adheres to the cultural norms as outlined by Expertini.

The fundamental ethical values are:

1. Independence

2. Loyalty

3. Impartiapty

4. Integrity

5. Accountabipty

6. Respect for human rights

7. Obeying United States laws and regulations

What Is the Average Salary Range for Risk Management Analyst Positions?

The average salary range for a varies, but the pay scale is rated "Standard" in Newark. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

What Are the Key Qualifications for Risk Management Analyst?

Key qualifications for Risk Management Analyst typically include Other General and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

How Can I Improve My Chances of Getting Hired for Risk Management Analyst?

To improve your chances of getting hired for Risk Management Analyst, consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

Interview Tips for Risk Management Analyst Job Success

NJ Transit interview tips for Risk Management Analyst

Here are some tips to help you prepare for and ace your Risk Management Analyst job interview:

Before the Interview:

Research: Learn about the NJ Transit's mission, values, products, and the specific job requirements and get further information about

Other Openings

Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

Dress Professionally: Choose attire appropriate for the company culture.

Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

During the Interview:

Be Punctual: Arrive on time to demonstrate professionalism and respect.

Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

Follow Up: Send a thank-you email to the interviewer within 24 hours.

Additional Tips:

Be Yourself: Let your personality shine through while maintaining professionalism.

Be Honest: Don't exaggerate your skills or experience.

Be Positive: Focus on your strengths and accomplishments.

Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

Turn Off Phone: Avoid distractions during the interview.

Final Thought:

To prepare for your Risk Management Analyst interview at NJ Transit, research the company, understand the job requirements, and practice common interview questions.

Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the NJ Transit's products or services and be prepared to discuss how you can contribute to their success.

By following these tips, you can increase your chances of making a positive impression and landing the job!

How to Set Up Job Alerts for Risk Management Analyst Positions

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