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Finance Highlights 2006 1004
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Finance Highlights 2006 1004
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6/6/2007 4:01:51 PM
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11/3/2006 3:13:07 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
10/4/2006
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_CC Agenda 2006 1106
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\City Clerk\City Council\Agenda Packets\2006\Packet 2006 1106
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<br />III. Liability Risk Management Organization <br /> <br />Risk management functions are necessary to reduce frequency of loss occurrences and <br />reduce the impact of losses that do occur. Currently, the Risk Management Analyst and <br />Administrative Assistant who report to the Director of Finance perform the bulk of the <br />City's liability risk management functions. <br /> <br />Table ill-I below outlines how risk management functions are assigned, and the amount <br />of time dedicated to each of these functions, expressed as a full-time equivalent (FTE). <br />The FTE simply represents the total hours to complete the described tasks, as reported by <br />incumbent staff, divided by 2,080 hours. <br /> <br />Table 11I-1 <br />Areas of Responsibility <br /> <br /> <br />Finance Director Supervision of HR/Risk Management interaction <br />Risk Management . Resolves minor claims with clear liability 0.2 - 0.3 FTE <br />Analyst . Reports liability claims to claims administrator <br /> . Acts as liaison between claims administrator and <br /> departments to develop claim facts. <br /> . Monitors claims administrator and defense <br /> counsel activities for cost effectiveness <br /> . Works with Procurement Division to review <br /> contracts for insurance requirements compliance <br /> . Tracks Certificates of Insurance <br /> . Communicates with departments to achieve <br /> compliance where deviations are noted <br /> . Responds to claims authorization requests <br /> . Verifies payments on claims <br /> . Works with CJPRMA and claims administrator to <br /> meet coverage and renewal requirements. <br /> . Attends CJPRMA meetings and distributes <br /> videota e trainin modules <br />Administrative . Receives and submits Special Event Liability 0.02 FTE <br />Assistant Pro ram a Iicatlons to Diversified Risk <br />Human Resources . Monitors employee participation in safety and 0.10 FTE <br /> loss control trainin <br /> <br />As shown in Table ill-I, between .32 and .42 FTE's are currently dedicated to the <br />liability risk management function. As noted in Table ill-I, the City utilizes the services <br />of various contract service providers. These are summarized in Table I1I-2. <br /> <br />35 <br /> <br />ARM <br /> <br />Tee h <br />
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