Director Of Risk Management

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Director of Risk Management

Duties: Responsible for coordinating the University’s risk management activities, of which enterprise risk management, risk evaluation, loss prevention, training and oversight are key components. Will be responsible for providing management, supervision and strategic direction related to a variety of risk management matters including, but not limited to, personal injury and property damage claims against the University, insurance placement, coverage issues and disputes and other risk-related matters as designated by the Vice President & General Counsel. Supervise the activities of, and regularly meet with, the Insurance and Claims Administrator. Such activities include, but are not limited to, working with insurance brokers, insurance company representatives and consultants; the selection and placement of insurance; claims filing, administration, and resolution; implementation of the Working with Minors and University Driver Training policies; assisting with international travel situations and insurance; reporting, monitoring and resolving Workers’ Compensation Claims; and the management of the department budget. Evaluate University operations and loss history to determine appropriate types and levels of insurance and retentions. Select and oversee University brokers and direct negotiations with brokers and carriers to obtain appropriate insurance coverage. Assist colleges and offices in performing risk assessments to identify and score risk, determine key performance indicators, prepare and evaluate risk mitigation plans and recommend changes to University administration. Provide training to University constituents to prevent and proactively address risks. Assess, develop, implement and improve loss prevention programs, as necessary. Develop and implement the University’s ERM program, including risk standards, guidelines, training programs and processes to provide a common understanding and protocol for ERM throughout the University. Maintain up-to-date knowledge of ERM issues, continuously assess the ERM program to ensure its ongoing effectiveness, and develop and recommend University policies and procedures related to the implementation of the ERM program. Develop or identify resources to assist University departments with compliance requirements. Monitor developments and changes in regulations applicable to University operations. Perform other duties and responsibilities as required, assigned, or requested.

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