A risk supervisor's job description includes overseeing a team to identify, assess, and manage an organization's risks, which involves developing and implementing risk management policies and procedures. Key duties are supervising risk analysts, quantifying risks through statistical analysis, preparing reports for management, and ensuring compliance with regulations. (OSHA)
Core responsibilities
- Team management: Supervise and train a team of risk analysts to perform their duties effectively.
- Risk assessment: Oversee the process of identifying, assessing, and quantifying risks, which can include performing statistical analysis.
- Policy and strategy: Assist in developing and implementing risk management strategies, policies, and procedures to protect the organization's assets.
- Reporting and communication: Prepare and present findings, reports, and risk assessments to senior management to support decision-making.
- Compliance and monitoring: Monitor internal and external risks (economic, market, regulatory) and ensure the company meets its legal and regulatory requirements.
- Problem resolution: Act as a point of contact for resolving risk-related issues and may assist with or oversee the claims process.
Essential skills and qualifications
- Experience: Typically requires several years of experience as an individual contributor in a risk-related field.
- Education: A bachelor's degree is often required.
- Analytical skills: Must have strong analytical abilities to quantify risk and forecast outcomes.
- Supervisory skills: Ability to manage and guide a team and handle administrative and personnel-related tasks.