09/01/1986 70490

STATE WORKERS' INSURANCE FUND DIRECTOR

DEFINITION: This is responsible administrative work in managing the State Workers' Insurance Fund.

The employee in this class is responsible for planning, organizing, directing and controlling activities of the State Workers' Insurance Fund including underwriting, investment, accounting, payroll auditing, and claims examination, investigation, payment and settlement. Work involves maintaining effective working relationships with compensation rating bureaus, investment consultants and other governmental agencies regarding workers' compensation and vocational rehabilitation related to Fund operations. An important aspect of the work is the review, evaluation, initiation and implementation of policies and procedures in securing maximum premium and investment returns while providing most effective service to clients. Supervision is exercised over a large technical and clerical staff. Work is performed with considerable independence within the framework of applicable laws, regulations and policies established by the State Workers' Insurance Board and broad administrative direction provided by the Secretary of Labor and Industry and the Deputy Secretary for Collections and Compensation Programs.

EXAMPLES OF WORK: Plans, coordinates, and directs the statewide operations of the State Workers' Insurance Fund.

Establishes operating programs and priorities; prepares budget recommendations; and arranges work.

Maintains continual contact and close working relationship with the Pennsylvania and Coal Mine Compensation Rating Bureaus.

Directs and supervises the work of all Fund employees through subordinate managers and supervisors.

Directs the review and analysis of policies and operating procedures for effectiveness, recommends establishment or revision of policies to the board, and directs the initiation or revision of operating methods, procedures, and systems as necessary to improve Fund performance.

Directs compilation and reviews reports submitted to rating bureaus for purposes of premium rate establishment.

Implements investment purchases and redemptions as directed by the State Workers' Insurance Fund Finance Committee with recommendations from the Financial Advisor and approved by the State Workers' Insurance Board.

Prepares all resolutions and maintains up-to-date minute books of all regular and special meetings of the Board.

Reviews and analyzes and prepares recommendations regarding proposed legislation as it affects Workers' Compensation.

Coordinates Fund activities with governmental agencies concerned with workers' compensation and vocational rehabilitation.

Performs related work as required.

REQUIRED KNOWLEDGES, SKILLS, AND ABILITIES: Knowledge of laws, regulations, and policies governing operations of the State Workers' Insurance Fund.

Knowledge of the principles and practices of public administration.

Knowledge of principles and practices of business administration, particularly in the field of occupational compensation insurance.

Ability to analyze organizational, personnel, and fiscal methods and procedures and devise and implement improvements in Fund operations.

Ability to supervise the work of an administrative, legal, and clerical staff.

Ability to establish and maintain effective working relationships with representatives of business, governmental agencies and the general public.

Ability to express ideas clearly and concisely, orally and in writing.

MINIMUM EXPERIENCE AND TRAINING: Eight years of progressively responsible administrative experience, including four years of administrative or supervisory experience in the field of occupational compensation, liability, or casualty insurance; and a bachelor's degree in accounting, insurance, business administration, or a closely related field;

or

Any equivalent combination of experience and training.