Deputy Director OCIP Management Risk Control

Description

JOB TITLE:

Deputy Director OCIP Management Risk Control

DEPT/DIV:
Risk Management

WORK LOCATION:

2 Broadway

FULL/PART-TIME:
Full

SALARY RANGE: $137,385 - $166,899

DEADLINE:
Until filled

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.

Opening:

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

AI Enabled Recruiting Tools:

The MTA may use AI-enabled recruiting tools as part of the recruiting process for this position. Jobvite Talent Fit, an Automated Employment Decision Tool (AEDT), uses artificial intelligence to compare information in your resume and application materials against the qualifications, skills, experience, and requirements identified in this job posting to assist recruiters in evaluating candidate qualifications. Jobvite Auto Talent Rediscovery is an AI-enabled sourcing tool that evaluates previously submitted candidate profiles and application materials maintained within the MTA's Jobvite recruiting system to identify individuals whose qualifications may align with current job opportunities and who may be considered for outreach and invitation to apply.

These tools assist recruiters and do not make employment decisions. All employment decisions include independent human review. Additional information about Talent Fit and the applicable bias audit is available at Talent Fit Bias Audit Summary.

Position Objective:

The Deputy Director supports the Deputy Chief of Risk and Insurance Management in the performance of necessary tasks to manage the MTA's Owner Controlled Insurance Programs (OCIP), including safety and loss control initiatives for rolling OCIPs, the small business mentor program and stand-alone OCIPS, including but not limited to Penn Station Access and Second Avenue Subway.

Responsibilities:

• 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 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.
• 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…