Metronorth Railroad

Deputy Director OCIP Management Risk Control

Metronorth Railroad$137K — $166K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Management, Risk Management, Finance, or related field.
  • 10+ years of experience in Risk and Insurance Management.
  • 4+ years of supervisory experience.
  • Strong knowledge of self-insurance, commercial insurance, and reinsurance.
  • Expertise in loss forecasting and actuarial methods.
  • Familiarity with OSHA and FRA regulations and construction safety programs.
  • Proficient in Microsoft Office Suite and strong analytical skills.

Responsibilities

  • Select, develop, and motivate departmental personnel while fostering a professional environment.
  • Manage existing and future Owner Controlled Insurance Programs (OCIPs) and oversee safety and loss control activities.
  • Supervise the Investment Portfolio contractor and ensure compliance with OCIP brokers and administration.
  • Provide financial modeling and reporting to senior management, analyzing OCIP financials and performance.
  • Interact with high-level executives regarding OCIPs, including presentations and financial analysis.
  • Oversee OCIP claims, monitor third-party administrators, and conduct trend analysis for risk mitigation.
  • Carry out additional duties as assigned.

Benefits

  • Eligible for teleworking (1 day/week), applicable after 30 days from hire date.
  • Opportunity for professional development and career advancement within the organization.
Full Job Description
Job ID: 17314

Business Unit: MTA Headquarters

Location: New York, NY, United States

Regular/Temporary: Regular

Department: Office of Insurance & Risk Mgt

Date Posted: Sep 15, 2026

Description

JOB TITLE:

Deputy Director OCIP Management Risk Control

DEPT/DIV:

Risk Management

WORK LOCATION:

2 Broadway

FULL/PART-TIME

FUL L

SALARY RANGE:

$ 137,385 - $ 166,899

DEADLINE:

Until filled

This position is eligible for teleworking , which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.

Position Objective:

The Deputy Director supports the Deputy Chief of Risk and Insurance Management in the performance of necessary tasks to manage the MTA's Owner Controlled Insurance Programs (OCIP), including safety and loss control initiatives for rolling OCIPs, the small business mentor program and stand-alone OCIPS, including but not limited to Penn Station Access and Second Avenue Subway.

Responsibilities:
  • Select, develop and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for discipline/termination of employees when necessary. Review performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
  • Responsible for the management of all existing and future OCIPs and directly supervises all safety and loss control activities associated with such programs including services rendered by private service providers.
  • Manage and monitor the Investment Portfolio contractor and produce reports as required. Ensure compliance over the OCIP brokers, including OCIP administration and audits, and responsible for negotiating, reviewing insurance policies, and procuring adequate OCIP coverages, for all OCIP programs.
  • Provides financial modeling and reporting to senior management and stakeholders, as well as reviewing and commenting on all financial ideas or products presented by consultants in regard to the OCIPs and monitors performance of programs selected. Oversees , reviews, and promptly approves the creation and processes of all OCIP WAR Certificates encumbering funds needed for OCIP premiums, safety programs, contractor safety incentive awards, and any other services needed to support the OCIPs.
  • Interacts with high level Agency executives regarding the handling of OCIPs, including making presentations when necessary. Analyze OCIPs financials, including premium allocations, collateral requirements, and cost projection, and provides OCIP statistical cause and effect, safety and security data to all related departments to support risk management activities regarding and recommends action to reduce loss.
  • Develop and assess loss picks, ensuring accuracy in estimating future claims costs. Oversees OCIP claims and settlements and monitors third party administrators (TPA) to check for, cost, accuracy and best practices. Monitors and manages claim reserves, working with TPAs and insurers to adjust as needed, and conducts trend analysis to identify loss drivers and recommend risk mitigation strategies.
  • Performs other duties as assigned


Required Qualifications:

Required Knowledge/Skills/Abilities:
  • Must have knowledge of the implementation of self-insurance, commercial insurance and reinsurance.
  • Must have knowledge of risk management.
  • Must have an expertise in loss forecasting, actuarial methods, and reserve adequacy assessment.
  • Demonstrated knowledge of OSHA and FRA regulations and experience in administrating construction safety programs.
  • Outstanding organizational skills and strong analytical judgment.
  • Demonstrated analytical capabilities and quantitative skills.
  • Must be flexible in work assignments and be able to prioritize work independently.
  • Excellent communication skills and ability to deal effectively with various management levels both internally and externally.
  • Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short- and long-term goals and direction for the area of responsibility.
  • Demonstrated ability to work in a high-profile, high-pressure environment effectively.
  • Maintain membership in professional safety organizations to keep abreast of current trends in safety and loss control.
  • Demonstrated proficiency in Microsoft Office Suite or comparable applications, i.e., Word, Excel, PowerPoint, and Outlook.


Required Education and Experience:
  • Bachelor's Degree in Arts/Sciences (BA/BS) Management, Risk Management, Finance or related field
  • Minimum 10 years Risk and Insurance Management
  • Minimum 4 years Supervisory Experience


Preferred Education and Experience:
  • Minimum 3 years p rofessional level experience working in a public benefit organization, experience in Capital Programs is a plus.


Other Information

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial

Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the "Commission").

About Metronorth Railroad

Metro-North Railroad is a commuter railroad that serves the northern suburbs of New York City. The railroad was founded in 1983 and is owned by the Metropolitan Transportation Authority (MTA). Metro-North operates three main lines, the Hudson Line, the Harlem Line, and the New Haven Line, which together serve over 85 million passengers annually. The railroad has a fleet of over 400 rail cars and operates over 700 trains per day. In addition to commuter service, Metro-North also operates several tourist trains, including the popular Fall Foliage and Holiday Express trains.
Learn more about Metronorth Railroad
Size
7,000 employees
Industry
Net Income
$100 million
Founded
1983
5 Year Trend
-5%
Revenue
$1 billion

Similar Jobs

More Jobs at Metronorth Railroad

More Finance & Insurance Jobs

Find similar Deputy Director OCIP Management Risk Control jobs: