Apply on Employer Site

Morehouse School of Medicine · 17 hours ago

Insurance & Risk, Manager

Atlanta Metro

Full-time

Onsite

Mid, Senior Level

3+ years exp

Morehouse School of Medicine is seeking an Insurance and Risk Manager to lead the management of operational and strategic risks within the institution. This role involves overseeing insurance and risk management activities, developing risk mitigation strategies, and ensuring compliance with applicable regulations.

AlumniEducationHealth CareMedical

Responsibilities

Overall responsibility for Insurance and Risk Management, and Business Continuity Planning activities for the organization

Responsible for leading the process of identifying, measuring and managing insurable or hazard risks, developing reports and plans, and analyzing risk/insurance problems and overseeing the implementation of risk solutions that help optimize operations

Serve as primary point of contact with brokers, third party administrators and insurance carriers to manage and mitigate risk across all lines, including but not limited to D&O, general, professional, cyber, fiduciary and employment liability, and workers compensation

Receive and process Institutional department incident reporting

Provide adequate and timely notice to appropriate insurance carriers of all incidents involving the Institution’s assets or stakeholders

Monitor claims activity for erosion of deductibles or SIR

Manage and maintain claim databases and provide to management as requested

Identify areas of risk to the Institution and partner with leadership to develop best practices

Identify, develop, and maintain documentation of Institutional assets and exposures to loss

Conduct at least semi-annual meetings with brokers and carriers to develop risk mitigation strategies

Conduct at least semi-annual meetings with appropriate Institutional personnel and monitor internal Institutional communications to provide accurate and current risk details

Review, verify and compile any changes in risk profiles and information that could affect coverage needs

Lead the Institution in annual insurance renewals, including preparing all renewal applications for property, liability, casualty, cyber, malpractice, and other insurance

Compile and provide complete and accurate insurance applications and supporting documentation for all coverage sought

Serve as the resource person for all insurance related questions

Manage responses to requests for Certificates of Insurance and Loss History

Assist with responses to subpoenas, document requests, wage garnishments, and document hold memos

Manager Broker issuance of Certificates of Insurance, Memorandums of Insurance, and auto ID cards as requested on an ad hoc basis as well as post renewal issuance

Assist with exposure collection, binding, policy, endorsement and audit tracking

Maintain schedules of insurance, premium payments and expiration control log

Initiate and submit invoices to ensure timely submissions and payments

Review insurance, indemnity and hold harmless terms within contracts related to supplier, vendor, client, and landlord agreements to ensure compliance with the corporate insurance program as well as vendor requirements

Provide waivers of insurance requirements where permitted

Review and maintain proper electronic and hard copy files of the insurance policy documentation consisting of proposals, binders, policies and endorsements, and assure that the policies issued meet the broker’s and insurer’s proposals and commitments

Ensure the organization has in place appropriate risk management policies and strategies that are following applicable regulations, rating agency standards, and the strategic imperatives of the organization

Develop and implement compliance strategies to address complex circumstances

Establish the Enterprise Risk Management architecture for the Institution

Oversee or monitor all operational risk management activities of the organization

Develop and monitor effectiveness of Enterprise Risk Management tools, templates, practices, and policies to analyze and report enterprise risks, and to manage risks according to best practices in an enterprise risk management framework

Oversee investigations of auto, property, general liability, and subrogation from inception until the end

Assist with Safety Inspections and Site Visits

Develop investigative procedures when a claim is filed to determine liability and appropriate reserves of liability exposure and work with legal counsel as needed

Provide leadership to the Institution Risk Enterprise Management Committee, that will oversee the enterprise risk management process and ensure alignment with organizational objectives

Plan, coordinate and perform mandatory Center for Medicare & Medicaid ( CMS ) claim reporting

Monitor and analyze risks within the Institution’s business units and report on these risks for update to the AVP and the EVP for Operations

Provide quarterly updates on pending coverage disputes and/or gaps, to be presented to the Board of Trustees

Qualification

Insurance ManagementRisk ManagementEnterprise Risk ManagementCompliance StrategiesClaims ManagementHealthcare ExperienceHigher Education ExperienceAnalytical SkillsMS Office ProficiencyLeadershipCommunication SkillsOrganizational SkillsTeam PlayerNegotiation SkillsAttention to DetailProblem-Solving Skills

Required

Bachelor's Degree from a regionally accredited college or university

3-5 years of experience in insurance and risk management with exposure to complex accounts

Action and results-oriented 'take-charge' leader; Accountable, dependable, and a team player

In depth knowledge of the technical and structural provisions of the various types of large deductible or SIR property, casualty, E&O, and financial insurance policies

Knowledge of risk management technology and the ability to identify and leverage such tools to improve the organization's decision-making criteria

Knowledge of risk management strategies and techniques to minimize organizational liabilities

Skilled with fostering open communications, listening effectively and building strong partnership networks

Excellent written and verbal communication skills

Skilled with communicating candidly while inspiring trust; Highly ethical

Ability to display professional maturity to earn respect of leadership, faculty, and staff

Ability to anticipate obstacles and proactively manage solutions to eliminate them

Excellent analytical, problem-solving, and communication skills, as well as strong organizational skills and attention to detail

Ability to resolve issues and adapt projects creatively to avoid mishaps and losses

Demonstrated ability to create informational, clear, and well-edited presentations, and effectively deliver communications to key stakeholders including executive leadership

Ability to communicate technical information in layperson's terms

Ability to translate goals and objectives into actionable and measurable plans

Ability to perform in a detail-oriented environment with a high level of accuracy

Ability to organize, prioritize, and perform multiple work assignments simultaneously

Excellent collaboration, negotiation, persuasion, and diplomacy skills to work closely with internal and external clients as well as vendors as a team player

Proficiency in MS Office products and web-based tools