INSURANCE ANALYST/(1261)

6/24/87

Rev 3/1/90

City of San José

INSURANCE ANALYST (1261)

CLASS PURPOSE

Under general direction, performs work of considerable difficulty in supervising the City's insurance and self-insurance programs for General Liability and Property Damage. Assures that risk exposures are transferred properly. Performs related work as required.

TYPICAL DUTIES AND RESULTS (Any one position may not include all the duties listed, nor do the examples cover all the duties which may be performed.)

Identifies and evaluates the City's exposure to risk and liability.
Takes initiative in analyzing the City's insurance needs; preparing insurance specifications; reviewing bids for and negotiating with insurance brokers; purchasing liability or surety and property insurance; preparing the budget for insurance programs, including expenditures for insurance.
Reviews insurance submittals to assure that contractor-caused losses are covered by insurance to prevent City liability.
Monitors claims and settlements and participates with the City Attorney's Office in the preparation of litigation.
Supervises other insurance staff.
Typical End Results Include: Transfer the City's liability risk in an appropriate manner. Increase awareness on the City's part when the City is retaining risk.
Reduce the City's insurance costs. Protect the City from uninsured financial loss.

DISTINGUISHING CHARACTERISTICS

The incumbent of this single position classification reports to the Risk and Loss Control Manager. The incumbent assists in administering the City's insurance program through the transfer of risk and the purchase of insurance.

QUALIFICATIONS

Minimum Knowledges, Skills and Abilities

Knowledge of principles of insurance, including types of insurance,
insuring agreements, underwriting and brokerage methods.
Knowledge of governmental operations, statistical and financial analysis.
Knowledge of administration of safety programs.
Knowledge of the commercial insurance market.
Knowledge of the principles of risk avoidance and risk transfer.
Ability to prepare insurance specification proposals and comprehensive reports.
Ability to analyze and interpret laws, ordinances, regulations, and contracts.

Competency Knowledges, Skills and Abilities

Knowledge of the City's experience with liability.
Knowledge of the City's insurance program, Workers' Compensation Program and Safety Program.
Knowledge of insurance underwriting and sales.
Knowledge of the insurance industry as it relates to municipal liability, surety and property protection.

Training And Experience

Any combination of training and experience equivalent to successful completion of a Bachelor's degree from an accredited college or university in Public Administration, Business Administration, or a related field, supplemented by courses in Risk Management or successful completion of insurance institute courses; and four (4) years of progressively responsible experience coordinating a comprehensive general liability insurance program, workers' compensation program or benefits, or risk management or insurance underwriting.

Licenses/Certificates

Possession of a valid California driver's license. Possession of a California Fire and Casualty Agent's or Broker's License within one (1) year of employment as Insurance Analyst.

(2661Z)