This role will work closely with the Risk Manager to support all risk management functions across the company. The Risk Management Assistant plays a key role in ensuring insurance compliance, accurate documentation, and efficient coordination with internal teams and external partners.
Key Responsibilities:
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Assist in maintaining an organized tracking system for all insurance policies, including renewal dates, Certificates of Insurance (COIs), and related documentation.
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Coordinate with the Risk Manager, insurance brokers, carriers, and vendors to gather, review, and distribute Certificates of Insurance (COIs).
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Help prepare and review insurance applications, endorsements, and policy binders.
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Support certificate tracking for tenants, vendors, and contractors to ensure compliance with insurance requirements.
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Maintain and update internal insurance logs, schedules, and spreadsheets to ensure accuracy and accessibility.
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Track and document all incident reports, claims filings, and ongoing claim updates related to property, liability, auto, workers’ compensation, and other applicable policies.
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Liaise with property managers and the legal team to collect required claim documentation, including photos, reports, and police documentation.
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Assist in drafting claim correspondence and follow-up communications with insurance carriers and claims adjusters.
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Ensure all claim files are kept current and that reporting deadlines and response timelines are met.
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Maintain a claims summary dashboard and regularly report on claim status and progress.
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Schedule meetings related to insurance and claims review, prepare agendas, and record meeting minutes.
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Organize and maintain both digital and physical files in accordance with company standards and record-keeping requirements.
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Assist with special projects and ad hoc requests from the Risk Management Manager as needed.
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Keep track of and monitor the bank’s insurance requirements to ensure ongoing compliance.
This position is ideal for a detail-oriented professional who can manage multiple priorities, maintain accurate records, and support the day-to-day operations of a comprehensive risk management program.
