Director Of Enterprise Risk

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Director of Enterprise Risk
The candidate under the direction of the SVP, General Counsel and Secretary, the Director of Enterprise Risk supervises and manages all aspects of University Hospital’s insurance and workers’ compensation programs. Administers the workers’ compensation and insurance programs including, but not limited to, performing claim intake and records management, incident investigation, claim strategy advice, and settlement recommendations. Coordinates the provision of all lines of enterprise insurance coverage and risk financing for the hospital. Recommends appropriate reserve levels for claim files and ensures adequate financial coverage to support resolution of claims. Acts as Hospital’s primary liaison with insurance broker and various contracted insurers. Directs the establishment of an analytics program that collects and analyses risk data through incident reports and claims investigations. Identifies risk mitigation strategies and provides recommendations to reduce enterprise exposure and improve facility safety and security. Sets enterprise risk reduction performance goals and metrics to achieve risk reduction. Implements risk reduction programs and advises hospital staff on risk management issues. Maintains familiarity and ensures compliance with all relevant local, state, and federal statutes and regulations, including the New Jersey Tort Claims Act and the New Jersey Workers’ Compensation and Disability Laws. Prepares reports of events as required by law. Prepares and presents summaries on Hospital’s risk portfolio to Board of Directors. Oversees external legal relationships related to insurance and workers’ compensation, including the selection, management, and evaluation of counsel performance.

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