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...onal field, continual contact with peers is essential. Membership in the follo...

... them to determine the best method of obtaining what loss-prevention counsel is needed. Risk Function Administration. Miscellaneous duties include supervising contractors' Certificates of Insurance, attending public hearings on insurance matters, and helping legal counsel develop standards for such items as purchase orders and leases. Risk managers may also handle bid, performance, and permit bonds. Professional Networking. As in any professional field, continual contact with peers is essential. Membership in the following groups is recommended: Public Risk and Insurance Management Association (PRIMA) 1101 Connecticut Ave. N.W., Suite 1009 Washington, DC 20036 (202) 293-1892 Risk and Insurance Management Association (RIMS) 205 E. 42nd St. New York, NY 10017 (212) 557-3210 Employee Benefits Roughly half of all risk managers also have responsibility for employee benefits ... official may be responsible for maintaining building values and informing the risk manager of any changes-deletions or additions of properties and change in costs or values. This person will also frequently supervise the issuance of contracts to contractors. These contain insurance and indemnity provisions that should be carefully worded and supervised. The chief engineer may also design and maintain loss-prevention equipment, so close cooperation with the risk manager is essential. Counsel. The chief legal officer writes contracts that usually contain indemnity or insurance provisions. His work strongly affects risk assumption. He may also have a responsibility for supervising liability or Workers Compensation (except for large liability claims), although this is a specialized function better handled by specialist claims adjusters. Whoever carries the mantle of risk manager will need to communicate closely with all the officer just mentioned. ...