Hist and Proj Operating Receipts FY 2011 2 17 2010 - DC Water

CHIEF FINANCIAL
OFFICER
POSITIONS
CURRENT
Average Year-End
Positions Positions
Authorized Filled Filled
FY 2010 FY 2011
3 3 3 3 4
FY 2011 Budget
$6,444,000
RISK
MANAGEMENT
4 - Positions
• Administer all aspects of insurance and risk
management, including: securing and
safeguarding companywide insurance policies
managing insurance claims and loss control
maintaining databases of losses/claims and
insurance procedures, and assisting senior
management with enterprise risk management
- Ensure compliance with legislation, industry
practice and market requirements
-Organize underwriting data requests,
complete insurance applications and create
underwriting submissions for all major
Authority insurance renewals
• Manage all claims, including
workers compensation and tort
claims for Authority Operations for the
Rolling Owner Controlled Insurance
Program (ROCIP)
• Ensure adequate insurance reserve
levels
• Coordinates communication and
investigation activities between
departments and the insurance
administrator
• Manage subrogation and negotiate
settlements
• Conduct internal investigations for
general liability claims
• Identify and evaluate risks
• Perform ongoing risk assessments of
operations
• Assist with the coordination and facilitation
of addressing loss prevention
recommendations from DC WASA's
insurance carrier
·Perform loss analysis and issue reports to
division management
·Identify trends and work with our third
party administrator DCWASA Safety Office
and others to create solutions for
improvement on consistent basis