Office of Risk Services
Department of Institutional Audit, Compliance and Risk Services
Northeastern University
360 Huntington Avenue
122 Saint Stephen Street
Boston, MA 02115
phone: 617.373.5997
fax: 617.373.8996
Developed byAbout Us
Risk Services touches almost every area of the University and offers a variety of outreach programs.
Mission
Our mission is to help protect the human resources, physical assets, financial solvency and reputation of Northeastern University, so that the University may pursue its core mission of education.Goals
The long-term objectives for Risk Services at Northeastern are to:- Develop the Department into a valuable resource for all campus constituencies
- Help those constituencies pursue their own missions with risk management in mind
- Create a culture that involves basic risk management thought processes into every day operations for everyone on campus
- Limit exposures to liability, property and other losses
- Allocate the University's resources efficiently by reducing the cost of risk.
Responsibilities
- Administer the University's Property, Liability and other insurance policies and programs.
- Investigate and handle self-insured claims in an expeditious manner. Support filing and processing of insured claims with insurance carriers. Coordinate with third-party administrators of claims programs as applicable
- Perform risk assessments and analysis in cooperation with other departments or programs.
- Establish levels of self-insurance and administer all self insurance programs.
- Collaborate with University administrators to develop policies and procedures to prevent or minimize losses.
- Review contracts and agreements to ensure that the University bears only its proportionate share of any liability or claims that may arise from the agreement, and to ensure that appropriate insurance and other protective clauses are in the agreement.
- Provide training, written procedures and guidelines to individual departments within the scope of the risk management and insurance programs.