CENTRAL HUDSON GAS & ELECTRIC CORPORATION
Position Title: Senior Risk Management Administrator
Job Number: 67015
Group: Secretary & Treasurer
Reports To: Risk Manager
Job Family: Finance & Accounting
Date: July 31, 2001
Corporate Mission: “We will consistently exceed the expectations of our customers for the delivery of natural gas and electricity.”
Family Contribution / Finance & Accounting: In support of the Corporate Mission; Responsible for applying principles of accounting to analyze financial information and prepare financial reports. Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting business transactions. Analyzes financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize current and projected company financial position. Audits contracts, orders, and vouchers, and prepares reports to substantiate individual transactions prior to settlement. May establish, modify, document, and coordinate implementation of accounting and accounting control procedures. May approve transactions and make recommendations to operating management regarding project progress. In addition to accounting functions, this job family includes budgeting, taxes and internal audit functions. Accounting for gas and electric energy as well as setting tariff rates for these services is also included. Risk Management activities are also part of this family.
Individual Contribution: In support of the Corporate Mission and Family Contribution;
Administer and coordinate all insurance programs for CH Energy Group, which
result in maximum Corporate protection, while contributing to the goal of profit
stabilization and limiting the impacts on earnings per share. Through risk identification and
quantification principles, analyze and evaluate corporate risk impacts. Determine and implement programs of risk
control, avoidance or transfer. Review
all parameters of insurance programs to determine the best package of
protection and develop options to transfer risks most cost effectively. Represent the Corporation in negotiations
with insurers and brokers to facilitate the best terms and conditions in risk
transfer contracts along with the best price, which will result in risk
management solutions that achieve the Corporate Mission. Participate in other activities as assigned
and maintain or improve skills by utilizing available professional development
resources.