McLaren Health Care

Manager Corporate Insurance Risk Finance

McLaren Health Care$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Accounting, Insurance, Risk Management, or related field.
  • Minimum of seven years in risk management or commercial insurance/brokerage.
  • Strong experience in claims oversight and settlement.
  • Advanced knowledge in insurance principles including underwriting, coverage, and loss control activities.
  • Familiarity with risk financing and actuarial methods.
  • Chartered Property Casualty Underwriter (CPCU) designation preferred.
  • Chartered Financial Consultant (ChFC) designation preferred, Juris Doctor (JD) degree from an accredited law school also appreciated.

Responsibilities

  • Lead the procurement and management of commercial property and casualty insurance programs.
  • Develop annual insurance budgets and premium allocation methodologies.
  • Monitor state insurance assessments and regulatory requirements.
  • Assist in managing a self-insured captive insurance company.
  • Evaluate contracts for insurance requirements and risk transfer provisions.
  • Independently manage Workers' Compensation and property claims through resolution.

Benefits

  • Comprehensive health, dental, and vision insurance
  • Retirement savings options
  • Paid time off and holidays
  • Professional development opportunities
  • Flexible work schedule
Full Job Description
Position Summary:

Responsible for the strategic administration of the organization's enterprise insurance and risk financing programs, including oversight of the commercial property and casualty insurance portfolio, workers' compensation program, and assisting leadership with management of the self-insured captive. Leads insurance procurement, claims management, contract risk transfer, policy interpretation, and coverage analysis to optimize financial protection and minimize organizational risk. Partners with brokers, insurers, actuaries, legal counsel, and operational leadership to evaluate emerging risks, develop cost-effective risk financing strategies, and maximize insurance recoveries. Provides analytical support through risk exposure modeling and insurance program performance metrics. Oversees insurance compliance activities, including certificates of insurance, contractual insurance requirements, regulatory reporting, and premium audits.

Essential Functions and Responsibilities As Assigned:

1. Leads the procurement and administration of the organization's commercial property and casualty (P&C) insurance programs, including underwriting submissions, broker and carrier negotiations, policy placement, coverage analysis, policy review, premium allocation, invoice approval, premium audits, and renewal management.

2. Develops annual insurance budgets, premium allocation methodologies, and maintains department manuals, databases, records, policies, and schedules.

3. Monitors state insurance assessments and other regulatory requirements affecting insurance programs.

4. Assist leadership in the oversight of McLaren's self-insured captive insurance company and other risk financing initiatives.

5. Reviews contracts, leases, and other agreements to evaluate insurance requirements, indemnification provisions, and contractual risk transfer provisions to ensure adequate protection of organizational interests.

6. Independently manages Workers' Compensation (WC) program and property, automobile, and other P&C claims through final resolution.

Qualifications:

Required:
• Bachelor of Business Administration (BBA), Accounting, Insurance, Risk Management, or related field.
• Seven years of related professional experience in risk management or commercial insurance/brokerage. Experience in claims oversight and settlement. An advanced knowledge of insurance (including underwriting, coverage forms, preferred endorsements, and loss control activities), risk financing, and actuarial methods.

Preferred:
  • Designated as a Chartered Property Casualty Underwriter (CPCU)
  • Designated as a Chartered Financial Consultant (ChFC)

• Juris Doctor (JD) degree from an accredited law school (active license not necessary).

About McLaren Health Care

McLaren Health Care Corporation is a Michigan-based, fully integrated health network committed to quality, evidence-based patient care and cost efficiency. The McLaren system includes 15 hospitals, ambulatory surgery centers, imaging centers, a 490-member employed primary and specialty care physician network, commercial and Medicaid HMOs covering more than 620,000 lives in Michigan and Indiana, home health and hospice providers, retail medical equipment showrooms, pharmacy services, and a wholly owned medical malpractice insurance company. McLaren operates Michigan’s largest network of cancer centers and providers, anchored by the Barbara Ann Karmanos Cancer Institute, one of only 51 National Cancer Institute-designated comprehensive cancer centers in the U.S. McLaren has 28,000 employees and more than 90,000 network providers throughout Michigan and Indiana.
Learn more about McLaren Health Care
Size
26,000 employees
Industry

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