Identifying and Analyzing Loss Exposures
Reviewing Projects and Programs For the University Community
Starting and Monitoring Programs

Introduction

One of the many function of the Department of Safety and Risk Management is to prevent losses, and to reduce the impact of losses of Georgia State University's financial, human and physical resources. The risk management approach to loss prevention and reduction is a team approach. As a generalist, the Risk Manager often helps other team members who play a more technical role in loss prevention and reduction. The Risk Manager's team role includes:

Identifying and Analyzing Loss Exposures

Risk management consults with University departments about loss control and insurance issues. Risk management examines loss records, conducts loss control surveys, reviews legal contracts, and advises managers about safety and health issues.

Reviewing Projects and Programs For the University Community

This function includes but is not limited to reviewing University projects and programs for their risk potentials, and making recommendations to reduce or to eliminate the potential for financial, property and human losses.

Starting and Monitoring Programs

Risk management administers the University's self-insured and commercial policies. This role includes the following: determining the applicability of coverages; helping departments with their insurance needs; tracking claims; reviewing insurance policies and preparing and presenting reports on losses, premiums, insurance recoveries, frequency causal factors, etc.

Risk Management is a high profile function of the Department of Safety and Risk Management. Frequently the Risk Manager interacts with Vice Presidents, Directors, Department Heads, Foundations, Associations, Project Managers, third parties, State of Georgia insurance specialists and commercial insurance providers.