Job Description

Capstone IT is helping our client to find a Senior Risk Management Consultant to support in overseeing and improving self-insurance and commercial insurance programs. This individual will evaluate risk management operations, including workers' compensation, general liability, property and casualty insurance, claims administration, and third-party administrator (TPA) relationships.

The consultant will work closely with senior leadership to assess insurance coverage, negotiate with underwriters, evaluate risk financing and transfer strategies, and recommend improvements to loss prevention and claims management programs. This role requires an experienced risk management professional who can work independently, provide strategic recommendations, and collaborate with departments and participating agencies.

Top 4 Required Skills

1. Self-Insurance Program Management: Extensive experience overseeing self-insured programs, including risk financing, insurance coverage, and claims administration.

2. Property & Casualty Insurance: Strong understanding of commercial insurance policies, coverage negotiations, underwriting, risk transfer, and indemnification.

3. Claims Management & TPA Oversight: Experience managing third-party administrators handling workers' compensation, general liability, and property and casualty claims.

4. Enterprise Risk Management & Loss Control: Ability to evaluate organizational risks, develop mitigation strategies, and advise leadership on insurance and risk management decisions.

Key Responsibilities

• Evaluate the client's existing self-insurance program and recommend improvements.

• Review commercial property and casualty coverage and coordinate with insurance carriers and underwriters.

• Evaluate risk financing and risk transfer strategies.

• Oversee and assess TPA claims administration and performance.

• Provide guidance on workers' compensation, general liability, and other claims.

• Collaborate with senior managers on complex risk management matters.

• Review contracts and recommend insurance requirements and indemnification provisions.

• Improve occupational safety, loss prevention, and loss control programs.

• Develop and update risk management training materials, policies, and procedures.

• Attend remote and in-person meetings and visit client operations as required.

• Support special projects and provide independent technical recommendations.

Required Qualifications

• Strong professional background in insurance and risk management.

• Hands-on experience administering self-insurance programs.

• Commercial property and casualty insurance expertise.

• Experience coordinating with underwriters and insurance carriers.

• Knowledge of workers' compensation and general liability claims.

• Experience overseeing TPA claims services.

• Understanding of risk financing, risk transfer, loss prevention, and loss control.

• Experience evaluating contractual insurance requirements and indemnification.

• Ability to communicate with senior leadership and work independently.

• Willingness and ability to visit facilities in Montgomery County, MD.

Preferred qualifications for recruiting purposes: ARM (Associate in Risk Management), CPCU (Chartered Property Casualty Underwriter), CRM (Certified Risk Manager), or experience supporting public-sector risk management programs. These are suggested differentiators, not stated client requirements.