Senior Risk Analyst

Position Description

Tacoma Public

Utilities (TPU) is seeking a highly skilled and experienced Senior Risk Analyst to oversee all aspects of our comprehensive risk

management and insurance program. This critical role ensures the financial

stability and operational continuity for our organization.

Key Responsibilities

The Senior Risk Analyst will serve as the primary expert in managing and mitigating organizational risk

across the entirety of TPU including Tacoma Power, Tacoma Water, and Tacoma Rail.

Insurance Management

& Procurement

• Analyze, purchase,
  
  and maintain excess liability and property & casualty insurance policies
  
  for all TPU divisions.
  
• Prepare detailed
  
  applications for renewal and purchase of insurance policies.
  
• Administer the
  
  insurance renewal process, acting as the key liaison between the insurance
  
  broker, department contacts, and the Insurance Committee.
  
• Collaborate with the
  
  City of Tacoma Risk Management Team to ensure alignment in coverage and broker
  
  strategy.
  
• Maintain and apply
  
  existing insurance coverage, advising departments on their policies and how
  
  they affect operations.
  
• Analyze risk
  
  exposure and recommend the purchase of additional coverages as needed.
  

Claims

Administration & Litigation Support

• Administer, process,
  
  and investigate third-party claims for damages against TPU. This includes
  
  communicating, negotiating, and procuring settlements and releases with
  
  claimants or their attorneys.
  
• Process and
  
  investigate first-party subrogation claims, pursuing responsible parties for
  
  damages against TPU and determining appropriate demand amounts.
  
• Represent TPU in
  
  small claims court and file suits on behalf of the Utilities.
  
• Assist the City
  
  Attorney’s Office in the defense of TPU in litigation filed against the
  
  Utilities.
  
• Document all claims
  
  processing information, including setting reserve amounts for pending
  
  settlements, within the Origami Risk Management system.
  

Risk Mitigation

& Training

• Provide ongoing
  
  training and guidance to staff across the Utilities on best practices for risk
  
  management and mitigation strategies.
  
• Advise and work with
  
  departments and the City Attorney’s Office to ensure the safe, satisfactory,
  
  and compliant operation of TPU facilities.
  

Financial Reporting

& Disaster Recovery (FEMA)

• Gather and report on
  
  financial figures related to risk management, claims, and insurance.
  
• Conduct FEMA
  
  reporting to the State of Washington, gathering and tabulating costs in a
  
  timely manner from each department by county following major events or
  
  disasters to ensure efficient reimbursement.
  
• Provide subject
  
  matter expertise to the Insurance Committee and the Public Utility Board
  
  regarding insurance needs and purchasing.
  

Qualifications

Minimum Education*
Bachelor's degree in risk management, law, business administration or directly related field

Minimum Experience*
4 years of risk management experience

* Relevant education and experience may substitute for one another on a year-for-year basis.

Licensing, Certifications and Other Requirements
Washington State Driver's License
Associate in Risk Management (ARM) desired.

Knowledge & Skills

Selection Process & Supplemental Information

City of Tacoma Commitment to Diversity and Inclusion

At the City of Tacoma, we're on a mission to make our workforce as diverse and inclusive as the community we serve. We're committed to eliminating racial and other disparities, and we actively seek out candidates from a wide range of backgrounds and cultures. Join our team at the City of Tacoma and help us build a more vibrant, inclusive, and equitable community for all.

The City of Tacoma believes that diversity of thought, background, and experience contributes to our success and innovation. If you’re passionate about this role and our mission, we encourage you to apply. If you have a less traditional background, we want to hear about your transferrable skills and experience. We value a variety of perspectives and are excited to see what you bring to the table.
Apply

Interested individuals should apply online by completing the application and attaching a resume and cover letter by the closing date and time listed on the job announcement. Applications received without attaching the required materials may not progress in the selection process.
Compensation & Benefits
Pay Details:
Hourly Rate: $42.68 - $60.08
Annual Salary: $88,774.40 - $124,966.40

Employee Benefits | City of Tacoma

Get Assistance

For assistance with the application process or questions regarding this job announcement please contact the Human Resources office at (253) 591-5400 by 4:00 p.m. of the closing date of the job announcement.

For technical difficulties using the NEOGOV system, call the applicant support line at 1-855-524-5627 between 6:00 a.m. and 5:00 p.m. Pacific Standard Time. This will allow us to assist you before the job announcement closes.

Communication with the City of Tacoma

We primarily communicate via email during the application process. Emails from Tacoma.gov and/or governmentjobs.com should be placed on your safe domain list to ensure that you receive notifications in a timely manner. As a precaution, you may also want to check your junk email folders.

The City of Tacoma provides excellent medical, dental and vision plans for the whole family; paid holidays and paid leave; participation in the Tacoma Employees' Retirement System (alternate plan for Police/Fire); continuing education and advancement opportunities and a growing variety of City-sponsored health and wellness opportunities and incentives.

Medical Coverage: For eligible employees and their families, including domestic partners and dependent children age26 or younger.

Dental Coverage: For eligible employees and their families, including domestic partners and dependent children age26 or younger.

Vision Coverage: For eligible employees and their eligible dependents.

Paid Leave: City employees are entitled to received paid holidays, sick/vacation leave or personal time off (PTO), depending upon union affiliation and appointment type.

Insurance Plans: Employees are covered by a long-term disability plan. Short-term and expanded long-term disability insurance plans are also available to employees. The State Industrial Insurance Act also covers employees.

Deferred Compensation: Income can be set aside on a pretax basis and invested for supplementation of normal retirement income.

Retirement: All employees of the City, except members of the Police and Fire services, Tacoma Rail and certain project employees, are included in the Tacoma Employees' Retirement System. Information on the Tacoma Employees' Retirement System can be found at www.cityoftacoma.org or by calling (253) 502-8200.

Other Employment Information

Direct Deposit: Employees are paid on a bi-weekly schedule by direct deposit.

Salary Increases: Based on satisfactory job performance, the City provides for a regular progression of salary increases for most classifications according to the salary schedule.

Union Affiliation: Many job classifications are covered by union security provisions which require union membership, dues, or payment of equivalent service fees.

Note: The provisions of this job announcement do not constitute an expressed or implied contract. Any provision contained herein may be modified and/or revoked without notice.

Closing Date/Time: 12/15/2025 5:00 PM Pacific

• 

• City of Tacoma

• 253-591-5400

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