Title: Risk Analyst
State Role Title: Gen Admin Supv II/Coord II
Hiring Range: $65,000 - $75,000; Commensurate with Experience
Pay Band: 5
Agency: Department of the Treasury
Location: JAMES MONROE BUILDING
Agency Website: https://trs.virginia.gov
Recruitment Type: Agency Employee Only - A
Job Duties
The Virginia Department of the Treasury is dedicated to serving the Commonwealth by providing excellent financial management and outstanding customer service.
The Department of the Treasury is currently seeking a Risk Analyst for the Division of Risk Management. The Division of Risk Management provides broad risk management and insurance services for the Commonwealth. This position is integral to fulfilling the Division’s statutory responsibilities of administering risk management plans for state government, constitutional officers, political subdivisions, and other entities.
The selected candidate will manage moderate to complex loss exposures, with minimal supervision, to determine type and extent of coverage available through policy review, research and interpretation; maintain accurate financial data in the Risk Management Information System (Origami); evaluate expenditures; review, organize and evaluate voluminous documentation submissions; create presentations and trainings; thoroughly document claims activity; timely and accurately approve payments; meet with internal staff to review claims; and answer questions professionally, timely and accurately, both orally and in writing, regarding policies and procedures. In addition, the selected candidate may be tasked with reviewing activities of outside counsel, interpret statutes, determine liability, and negotiate settlements. In-state travel, including infrequent overnight travel, may also be necessary to assess claims submitted to the Department and meet with customers. This position would also assist in educational events, such as agency training, which could include public speaking.
Minimum Qualifications
• Demonstrated ability to handle property and casualty risk management claims, preferably involving public entities.
• Familiarity with reviewing a large volume of documents in a timely manner while prioritizing multiple tasks.
• Demonstrated ability to work independently and collegially with others.
• Skill in analyzing information, assessing liability and damages, and making sound decisions.
• Prior experience effectively exchanging information, verbally and in writing, with government officials, with legal, medical, and other professionals, and with the general public.
• Considerable skill and proficiency in the use of computers and Microsoft Office Suite (Word, Excel, and Outlook).
• Experience handling confidential materials and communications.
• Excellent written and verbal communication skills.
• Prior experience utilizing Risk Management Information Systems.
Additional Considerations
• Coursework in Business or a related field, or an equivalent combination of training and direct work experience that demonstrates knowledge and understanding of insurance/risk management principles, practices, and procedures in related field or equivalent experience and/or training.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
A résumé and cover letter are required to be submitted. Applications for this position must
be submitted electronically through this website.
The Department of the Treasury telework policy allows for up to two days a week of telework, subject to the position requirements. This position will be located in Richmond, Virginia, and must report on-site until the completion of an approved telework agreement is received.
All finalists are subject to a background investigation. The investigation may include: criminal checks; employment verification; verification of education; and other checks requested by the hiring authority.
Applicants who possess an Interagency Placement Screening Form (Yellow Form) or a Preferential Hiring Form (Blue Form) as issued under the Department of Human Resources Management (DHRM) Policy 1.30 Layoff (Commonwealth of Virginia Employees Only), must attach these forms with their state application.
Mailed, emailed, faxed, or hand delivered applications and résumés will not be accepted.
This website will provide a confirmation of receipt when the application is submitted for consideration.
Please refer to your RMS account for the status of your application and this position.
The Virginia Department of the Treasury is an Equal Opportunity Employer.
Contact Information
Name: Lori Perez
Phone: 804-225-3247
Email: HR@trs.virginia.gov
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
The Commonwealth of Virginia is located in the South Atlantic region of the United States. It was the 10th state to be admitted to the Union on June 25, 1788. Home to approximately 8 million residents, Virginia is the 12th most populous state in the United States. The capital is Richmond, and its most populous city is Virginia Beach.
The narrative history of the Commonwealth of Virginia often begins with the founding of Jamestown in 1607, near what is now modern day Williamsburg, Virginia. Jamestown became the first permanent English settlement in the New World, and the Virginia General Assembly, established on July 30, 1619, is now recognized as the oldest legislative body in the western hemisphere. When Virginia became a royal colony in 1624, the robust tobacco trade that had been developing in Virginia helped establish the American colonies as a powerful economic force. During the American Revolution, Virginia witnessed the final surrender of British forces at Yorktown and later became known as the birthplace of many revolution-era figures and future American presidents, including George Washington and Thomas Jefferson. To date, 8 United States presidents have been born in Virginia, more than in any other state.
The modern government of Virginia is nearly identical in structure to the federal government, and is divided into 3 branches, these being the executive, legislative, and judiciary branches. The Virginia General Assembly is comprised of the 100-member House of Delegates and the 40-member Senate. A governor and lieutenant governor are elected every 4 years. Governors cannot be elected to or serve consecutive terms. Virginia’s judicial system consists of the Supreme Court of Virginia and the Court of Appeals of Virginia, the Circuit Courts, and the lower General District Courts and the Juvenile and Domestic Relations District Courts. Virginia has 13 electoral votes in presidential elections, and possesses 11 seats in the U.S. House of Representatives.
