Senior Risk Analyst - Treasury Department - Risk Financing

Description

About the Role

This role is in the agency's Treasury department and plays a critical role in aiding in the protection of the agency's balance sheet through contractual risk transfer, insurance placement and policy administration. The candidate will work across the agency, serving as the insurance subject matter expert for major projects that keep the region moving.

Responsibilities

• Assist with complex contract reviews, performing coverage evaluations and assessments.
• Establishes and negotiates third-party coverage requirements.
• Aggregates, analyzes and presents underwriting data and information.
• Verify the adequacy and maintenance of insurance coverages.
• Manage relationships with internal stakeholders and third parties, including but not limited to brokers, insurers, adjusters, attorneys.
• Recommend insurance language for contracts.
• Negotiate contractual risk transfer with both internal and external stakeholders.
• Assist with the procurement brokerage services.
• Contributes to Port Authority insurance renewals, including data gathering and analysis to support underwriting disclosure for insurers/reinsurers.
• Prepare Board material for authorization of procurement of insurance products and services.
• Maintain data and information within the Risk Management Information System (RMIS), data and information within the Risk Management Information System.
• Prepare and/or participate in ad hoc risk related projects and reports.

Minimum Qualifications

• Must be able to efficiently review contracts and comprehend legalese.

• Be knowledgeable in construction0related insurance as well as insurance coverage needed for operations at Port Authority facilities.
• Bachelor's degree in risk management, Finance, Economics, Business Administration, Law, or related field and a minimum of five (5) years contractual risk analysis experience in construction for large/complex entities like the Port Authority.
• Exercise sound judgement in determining appropriate risk transfer and any exceptions to requirements that can be granted.
• Perform risk assessments.
• Interacts effectively with internal and external clients.
• Excellent verbal and written communication and presentation skills.
• Strong customer service skills.
• Demonstrated ability to prepare formal presentations.
• Exceptional analytical skills with attention detail.
• Must work independently and as part of team.
• Adept at managing multiple projects under tight deadlines.
• Strong PC skills including Excel, Word, PowerPoint and Riskonnect.

Desired Qualifications

• College degree in Risk Management, Finance, Economics, Business Administration, Law, or related field
• Insurance designations including ARM, CPCU, CRM CIC RIMS-CRMP or others plus.
• Risk Management, brokerage, underwriting, and or claims experience.
• Willingness to learn

Selection Process

The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.

Compensation, Benefits & On-Site Collaboration Requirements:

The Port Authority of New York and New Jersey offers a competitive benefits package and a professional environment that supports development and recognizes achievement. Click here for more information about benefits, our culture, and career development opportunities.

The Port Authority of New York and New Jersey anticipates that the actual salary offered to a successful candidate will depend on aspects such as experience, knowledge, skills, abilities, and internal factors. The expected compensation range for this role is:

Minimum: $100,256 Midpoint: $130,318 Maximum: $160,394

In accordance with Port Authority policy, this position permits employees to work remotely a maximum of one day per week, subject to operational and business needs.

How to Apply:

Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

Only applicants under consideration will be contacted.

About PATH:

The Port Authority Trans Hudson Corporation (PATH), an FRA-regulated commuter railroad, is the primary transit link between Manhattan and New Jersey communities and suburban commuter railroads. Carrying over 75 million passengers per year, PATH trains run 24 hours a day, seven days a week, one of the few 24-hour systems in the world. Since the early 20th Century, PATH and its predecessor, the Hudson & Manhattan Railroad, have carried passengers between New Jersey and points in Midtown and Lower Manhattan, serving as a key link in the region's transportation network and as a catalyst for continued residential, commercial and employment growth.

PATH operates 24 hours per day/7 days per week/365 days per year. Employees are required to work weekends, holidays, atypical hours (evening and midnight shifts) and during inclement weather conditions. Incumbents may be subjected to mandatory overtime at the beginning or end of their scheduled tour, or on their days off. A union seniority system dictates work schedules for jobs represented by one of PATH's unions, and time off may not be immediately available during the usual summer and holiday periods. Working conditions will be challenging, including but not limited to inclement weather, direct contact with the public, in tunnel and outside areas during active train service, and an industrial environment. Commitment to attendance is expected and required.

Equal Opportunity Employer

The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.

It is the Port Authority's policy, in accordance with the Americans with Disabilities Act (ADA) and other applicable laws, to provide reasonable accommodations to qualified persons with disabilities who are employees or applicants for employment and who request the Port Authority do so, unless providing the requested accommodation would result in an undue hardship to the Port Authority.

Job applicants may request a reasonable accommodation (1) if they claim a disability is affecting the interview process, or (2) to ensure that if they are selected for a position, they can perform the essential job functions. To submit a request, please contact the recruiter or email the Human Resources Department's Disability Accommodation Coordinator at [email protected].

The Port Authority will treat any request for Reasonable Accommodation by a job applicant confidentially.

Client-provided location(s): New York, NY

Job ID: Port_Authority-17345354

Employment Type: OTHER

Posted: 2026-02-13T23:42:22