Procurement & Risk Manager

Bowdoin College

• $124K — $140K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Risk Management, or related field required
  • 5-7 years of relevant experience; 7+ years preferred
  • Experience in an educational setting preferred
  • Knowledge of claims administration and coordination practices
  • Skilled in vendor due diligence and financial stability assessment
  • Insurance certification preferred

Responsibilities

  • Oversee annual insurance applications and analyze risk losses
  • Assist Student Affairs with student health insurance procurement
  • Establish bidding processes and negotiate with vendors
  • Coordinate information flow between claimants, adjusters, and insurers
  • Conduct campus-wide risk management training sessions
  • Collaborate with General Counsel to meet legal contract requirements

Benefits

  • A variety of health insurance plans (Medical, Vision, Dental)
  • Generous Retirement Plan - 401(a) and 403(b)
  • Life and Disability Insurance
  • 20 days of vacation and 12 days of personal/sick time
  • Paid Holidays and Special Days Off
  • Paid Parental Leave after one year of service
  • Household access to College facilities including gym and pool
  • Free fitness and wellness classes
Full Job Description
Posting Details

Posting Details

Title
Procurement & Risk Manager

Posting Number
S01594JP

Department
Treasurers Office

Job Summary

The Procurement & Risk Manager is responsible for managing the College's property and casualty insurance programs to protect Bowdoin from operating and financial risks, and for providing strategic direction and implementing programs and processes related to College-wide procurement of goods and services. This role serves as a key advisor to the Senior Vice President for Finance and Administration, partnering across the institution to strengthen risk controls, improve purchasing practices, and support efficient, compliant operations. The position coordinates with internal stakeholders and external partners-including brokers, insurers, vendors, and counsel-to deliver measurable value, manage exposure, and enhance service levels.

ESSENTIAL FUNCTIONS:
  • Oversee the annual applications for insurance and renewal applications, conduct analysis to identify major causes and sources of risk losses and develop recommendations for strategic actions.
  • Provide assistance and support to Student Affairs regarding the procurement of student health insurance, sports/clubs/intermural insurance, and student health claims administration.
  • Establish bidding processes for potential vendors and negotiate prices and discounts, maintain relationships with vendors, provide estimates, and evaluate vendor credit history to ensure financial viability.
  • Oversee the coordination of providing information to claimants, College representatives, adjusters, attorneys and insurance companies.
  • Coordinate and conduct campus-wide risk management training sessions, guidelines, and procedures for all employees.
  • Collaborate with General Counsel to ensure that all legal contract requirements are met.


The hiring range for this position is expected to be: $124,000 - $140,000 annually.

BENEFITS AND PERKS
  • A variety of health insurance plans (Medical, Vision, Dental)
  • Generous Retirement Plan - 401(a) and 403(b)
  • Life and Disability Insurance
  • Paid Time Off: 20 days of vacation per calendar year, 12 days of personal/sick time
  • Paid Holidays and Special Days Off: https://www.bowdoin.edu/hr/our-workplace/college-holidays-and-special-days-off.html
  • Paid Parental Leave (Available after one year of service)
  • Household access to many of the College's facilities including the gym and pool
  • Free fitness and wellness classes!
  • And more: https://www.bowdoin.edu/hr/benefits-perks/index.html


Education/Skills Requirements

Bachelor's degree in Business Administration, Risk Management, or related field required. Insurance certification preferred.

Must have the ability to:
  • Analyze claims and exposure data to identify loss drivers, assess risk trends, and develop practical risk mitigation recommendations.
  • Create and manage insurance budgets and producing cost-of-risk reporting (premiums, retained losses, outside services, and related expenses).
  • Interpret technical documents or regulations and then determine applicability and steps associated with achieving compliance
  • Negotiate pricing, discounts, and contract terms with suppliers and service providers, while balancing service, value, and risk controls.
  • Provide insight, guidance, advice, and leadership necessary to ensure safety of the campus and its students, faculty, and staff.
  • Work independently and be self-motivated.


Experience Requirements and/or Equivalents

5 to 7 years experience directly related to the duties and responsibilities of the position; 7+ years preferred. Experience working in an education setting also preferred.

  • Knowledge of claims administration and coordination practices, including effective communication with claimants, adjusters, insurers, attorneys, and internal stakeholders.
  • Skilled in vendor due diligence, including assessing vendor financial stability/credit risk and documenting risk-based recommendations.


Applicants must meet the minimum qualifications in this posting to be considered for hire.

Standard Work Days and Hours

Standard administrative hours are 8:30am - 5:00pm. This is a full-time position working 40 hours/52 weeks, (1.00 FTE). Exempt positions require the time commitment necessary to complete the essential duties of the position.

We regret that Bowdoin College is unable to provide visa sponsorship for staff positions.

Shift

Employment Category
Full Time Year Round

FTE
1.00

Benefits Eligible
Yes

Pay Type
Salaried

Background Check Package Requirements
Administrative Staff + Credit

Is driving a vehicle (e.g. Bowdoin vehicle or off road vehicle, rental car, personal car) an essential function of this job?
No

Is a pre-placement physical required for this position?
No

Posting Date
10/02/2026

Applications Accepted Until

Open Until Filled
No

Type of Posting
Internal/External

Special Instructions to Applicants

If selected as a finalist, you will be required to submit information for three references, including name, email address, phone number and how you know the reference.

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