The Director of Risk Management is responsible for leading the organization's enterprise risk management program, including the identification, assessment, mitigation, and monitoring of operational, financial, regulatory, compliance, and strategic risks. This position develops and implements risk management strategies that protect organizational assets, support regulatory compliance, and promote a culture of safety and accountability.
The Director collaborates with executive leadership, legal counsel, compliance, safety, insurance carriers, and operational teams to ensure effective risk identification and mitigation across the organization.
Position is on site
MAJOR RESPONSIBILITIES & DUTIES:
Initiates measures to protect Father Flanagan's Boys' Home (FFBH) from physical asset loss, damage, and claims of liability in regard to its operations, across all FFBH locations and affiliate sites.- Administers, researches, recommends, and renews suitable insurance coverage with companies and/or agencies.
- Hires, manages, and evaluates team members; providing guidance, support and coaching/mentoring as needed.
- Performs risk analysis and evaluates the FFBH's property and liability exposure.
- Counsels the FFBH's management on all aspects of its operations (e.g., insurance, proposed new construction, contacts, and leases) in terms of risk management.
- Forecasts the property and liability insurance budget.
- Negotiates and places approved coverage with companies and/or agencies.
- Maintains an up-to-date Insurance Policy Manual and assembles and disseminates information and reports pertaining to insurance and safety Operations.
- Reports, adjusts, and processes losses and claims.
- Establishes and maintains loss prevention and control measures in accordance with safety policies and maintains loss experience records.
- Administers Insurance Certificate to and from FFBH.
- Administers the captive insurance program.
- Leads the organization’s safety function in partnership with the Safety Coordinator; collaborating with police, security and operations staff to support hospital and campus safety efforts and ensure compliance with safety rules, regulations, and standards at the local, state, and federal levels.
- Drives Boys Town vehicle as needed to complete duties of thejob.
KNOWLEDGE, SKILLS, AND ABILITIES:
- Solid understanding of insurance policies and the insurance marketplace.
- Insurance and financial services industry knowledge.
- Insurance and financial services industry knowledge.
- Strong experience in risk based auditing and risk/control activities with relevant risk mitigation strategies.
- Ability to review and evaluate serious adverse event reports for completeness, accuracy, expectedness, and relatedness.
REQUIRED QUALIFICATIONS:- Bachelor's degree in Business Administration, related field, or equivalent combination of education and experience required.
- Minimum 7 years of experience in an insurance environment with special focus on property and casualty, sales or underwriting experience required.
- Possess a valid driver's license with a good driving record required.
- Pass an annual Motor Vehicle Registration (MVR) check required.
PREFERRED QUALIFICATIONS:- Associate Risk Manager (ARM) or Certified Property/Casualty Underwriter (CPU) certification preferred.
- Other Duties: This job description incorporates the essential functions and duties required for this position. However, other duties may be required and assigned at times and as determined by a supervisor in order to meet the needs of the organization.
- Serves as a role model in carrying out activities and behaviors that reflect the values and principles of the Boys Town mission.
PHYSICAL REQUIREMENTS, EQUIPMENT USAGE, WORK ENVIRONMENT:- Position is relatively sedentary in a normal office administrative environment involving minimum exposure to physical risks. Will use office equipment such as a computer/laptop, monitor, keyboard, and a general workstation set-up.