The American Society of Mechanical Engineers (ASME)
1 day old

Senior Analyst, Risk Management

Morristown, NJ
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  • Job Code
    6839
- Senior Analyst, Risk Management - Morristown NJ 07960 Skip Navigation
 
Job Details
Senior Analyst, Risk Management
Job ID 6839           
Morristown, NJ
Risk Management
          
Risk Management
Full-Time Regular
          
Bachelors Degree
Minimum 5 Years
          
No


About Covanta: Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern Energy-from-Waste facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable electricity to power one million homes and recycle approximately 500,000 tons of metal. Through a vast network of treatment and recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions to some of today’s most complex environmental challenges. For more information, visit www.covanta.com .

Information on our facilities is available at www.covanta.com/Our-Facilities. For career opportunities, visit www.covanta.com/Careers . Covanta is an Equal Opportunity Employer.


Support Claims and Insurance Manager and other members of Risk Management team to plan and administer corporate Risk Management programs.

Primary Responsibilities

  • Work closely with Covanta facilities, Third Party Claims Administrator (“TPA”) and injured employees to assist in reporting, evaluating, processing and investigating workers comp, general liability and auto liability claims.
  • Support Claims and Insurance Manager in managing the TPA and directing their activities.
  • Monitor TPA adjusters to make sure claims are running smooth, timely payments are being made, return to work is coordinated and litigated claims are properly managed.
  • Work with facilities to document property damage and business interruption claims. Coordinate with facility, third party claims adjuster, and third party claims accountant for resolution of claims.
  • Assist facilities in recovering reimbursement for damages to Covanta caused by third parties.
  • Collect, compile and complete renewal information and renewal applications for Property and Casualty insurance policy renewals.
  • Coordinate and monitor receipt and distribution of certificate of insurance, auto id cards and statutory workers comp postings.
  • Maintain electronic files for all insurance binders, insurance policies and surety bonds.
  • Maintain Schedule of Insurance.
  • Set up internal requests for payments on insurance policies and surety bonds. Work with Accounts Payable to make sure payments made timely.
  • Manage renewals of existing surety bonds and continuation certificates.
  • Work with broker to maintain updated surety bond list.
  • Provide Corporate Finance with quarterly bond list.
  • Convert all paper files to electronic files.
  • Receive and respond to daily Risk Management and insurance queries from facilities, clients, brokers, insurers and colleagues.
  • Follow up with facilities on all property loss prevention recommendations made by insurers.
  • Maintain Risk Management Intranet site.  

Secondary Responsibilities

  • Attend underwriting meetings, TPA claim reviews, monthly Safety Committee meetings, conference calls on OSHA Recordable injuries, etc. 
  • Provide support to VP and Director on M&A, Crisis Management Plan and other corporate initiatives.
  • Perform other related duties to support the department team as required.


  • Bachelor’s degree.
  • Basic understanding of legal contracts
  • Strong negotiating, interpersonal and communication skills
  • Ability to work with all levels of the organization
  • Highly organized with the ability to prioritize
  • Working knowledge of PowerPoint, Word & Excel

 
(Internal Code: *LI-COV)

Categories

  • Mechanical Engineering - Applied Mechanics
  • Operations
  • Mechanical Engineering - Codes, Standards and Certifications
  • Mechanical Engineering - Materials / Fluids / Textiles
  • Mechanical Engineering - Power
  • Mechanical Engineering - Safety
  • Mechanical Engineering - Environmental / Solar / Sound

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Senior Analyst, Risk Management

Covanta
Morristown, NJ

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Senior Analyst, Risk Management

Covanta
Morristown, NJ

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