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Manager Risk Management

Expired Job

Norfolk Southern Norfolk , VA 23510

Posted 4 months ago

Requisition 10858: Manager Risk Management

Job Description

Primary Purpose:

Administration of the Corporate Risk Management Program to effectively protect the assets of the Corporation and its subsidiaries and affiliates from catastrophic and fortuitous part of the Law Department whose mission is to: 1) provide quality legal advice timely; 2) position NS for favorable outcomes; 3) develop our people; and 4) be cost effective.

Principal Duties:

  • Administration of Norfolk Southern's primary, excess, and other miscellaneous insurance programs.

  • Administration of Norfolk Southern's master surety and bond program along with letters of credit.

  • Identify and evaluate Norfolk Southern's exposures to risk arising out of its interaction with third parties (lessees, contractors, suppliers, and customers), and reduce or eliminate these risks through negotiations with these parties.

  • Develop and negotiate insurance specifications for contracts entered into by Norfolk Southern.

  • Supervise the administration of the Risk Management Department's certificate of insurance monitoring system.

  • Assist the Director - Risk Management, Casualty Claims Department, and Law Department in claims settlement negotiations.

  • Assist in the preparation and monitoring of the Risk Management operating budget.

  • Assist in the management of General American Insurance Company and General Security Insurance Company (NS' captive insurance companies).

  • Ensure effective administration of the record coordination & retention compliance for respective area of responsibility.

Job Related Experience:

Minimum Level: 1 year

Preferred Level: 2-5 years


Required Level: Bachelor's Degree

Preferred Level: Master's Degree (BBA, MBA)

Preferred Majors:Business Administration, Finance

Knowledge of

  • Insurance Policies

  • Railroad operations

  • Computer systems, concepts and applications

  • Financial analysis techniques

  • Economic and business analysis


  • Adaptive and interpretive problem-solving for new and existing environments

  • Qualitative and quantitative analytical expertise

  • Proficiency at oral and written communications and interpersonal relations

  • Strong organizational and time management capabilities

  • Ability to handle pressure situations


  • Preferred: Associate in Risk Management (ARM) and/or other insurance designations through The Institutes Risk & Insurance Knowledge Group

Work Conditions

Environment: Office

Shift Work: No

On-Call: No

Weekend Work: No

Travel Required: 0 - 2 Days per Month,

Company Overview

Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal, automotive, and industrial products.

We are a team of more than 28,000 employees working together to maintain our reputation as "The Thoroughbred of Transportation". As an industry leader, Norfolk Southern offers a competitive salary and an excellent benefits package.

Norfolk Southern is an equal opportunity employer including veterans and disabled.

Nearest Major Market: Hampton Roads

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Manager Risk Management

Expired Job

Norfolk Southern