Blue Cross Blue Shield of North Carolina

Director, Risk Management

US-Anywhere
+ 3 other locationsRemote
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in risk management, finance, or business administration
  • 10 years of experience in risk management or consulting/public accounting
  • 5 years of leadership experience
  • Professional designations such as CRM, CRMA, ARM, or CPA
  • 12+ years of experience can substitute for a degree.

Responsibilities

  • Direct all aspects of enterprise risk management to achieve business objectives.
  • Promote organization-wide understanding of risks and management strategies.
  • Lead the Own Risk and Solvency Assessment (ORSA) process including stress testing.
  • Prepare risk reports and presentations for executive leadership and risk committees.
  • Coordinate with leadership to develop actionable business solutions to manage risks.
  • Monitor risk appetite metrics and emerging risks, reporting to management and the Board.
  • Lead corporate insurance and captive management programs.

Benefits

  • Opportunity to work at the cutting edge of healthcare delivery.
  • Work-life balance, flexibility, and autonomy.
  • Comprehensive medical, dental, and vision coverage.
  • Parental leave support along with adoption and surrogacy assistance.
  • Career development programs and tuition reimbursement.
  • 401k match including annual contributions.
Full Job Description
Job Description

Blue Cross NC is hiring a Director, Risk Management to lead the design, execution, and continuous improvement of the organization's enterprise risk management framework. This role is responsible for proactively identifying, assessing, managing, and communicating enterprise risks while partnering with executive leaders, business unit leaders, and governance bodies, including the Audit Committee and Enterprise Risk Committee, to embed risk-based thinking into strategic planning, operations, and capital decisions.

What You'll Do
  • Direct all aspects of enterprise risk management and support throughout the organization to achieve business objectives and strategies.
  • Proactively promotes organization-wide understanding of enterprise risks and risk management strategies.
  • Lead the Own Risk and Solvency Assessment (ORSA) process, including facilitation of enterprise risk assessment, stress testing, and preparation of the annual ORSA report.
  • Prepare risk reports, dashboards, and presentations for executive leadership, risk committees, and the Board.
  • Understand the business implications of risk management and coordinate with the appropriate level of management to develop practical and actionable business solutions in a timely, cost-effective manner.
  • Monitor risk appetite metrics, key risk indicators, and emerging risks and report to management and the Board as needed.
  • Coordinate periodic reviews of risk appetite statements, policies, and governing practices.
  • Monitor regulatory, industry, and healthcare trends to identify potential impacts to the organization.
  • Promote a strong risk culture through education, communication, and consultation across the enterprise.
  • Lead the corporate insurance and captive management programs to effectively manage insurance risks.


What You Bring
  • A bachelor's degree in a risk management, finance or business administration
  • 10 years experience in risk management and consulting or public accounting
  • 5 years leadership experience
  • CRM, CRMA, ARM or CPA
  • In lieu of degree, 12+ years of experience in related field


What You'll Get
  • The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.
  • Work-life balance, flexibility, and the autonomy to do great work.
  • Medical, dental, and vision coverage along with numerous health and wellness programs.
  • Parental leave and support plus adoption and surrogacy assistance.
  • Career development programs and tuition reimbursement for continued education.
  • 401k match including an annual company contribution.
  • Learn more


Where You'll Work

Our Hybrid Flex approach is built on presence with a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplace that's flexible, connected, and future focused.

In a Hybrid-Flex role, you'll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$157,978.00 - $252,765.00

About Blue Cross Blue Shield of North Carolina

Blue Cross Blue Shield of North Carolina (BCBSNC) is a non-profit health insurance company based in Durham, North Carolina. The company provides health insurance to more than 3.7 million customers in North Carolina. BCBSNC offers a variety of health insurance plans, including individual and family plans, Medicare Advantage plans, and employer-sponsored plans. The company also offers wellness programs and resources to help customers manage their health. BCBSNC was founded in 1933 and has since grown to become one of the largest health insurance providers in North Carolina.
Learn more about Blue Cross Blue Shield of North Carolina
Size
5,000 employees
Industry

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