"Risk Manager"

Position Summary

The Risk Manager will work with the Assistant Vice President to establish and implement University-wide standards in risk management to maintain a comprehensive risk management program for the University, create understanding and acceptance of the University's risk management practices throughout the University, collaborate with General Counsel related to vendor and third party contracts and compliance with insurance requirements to manage the University's risk, and evaluate risk exposures and implement measures to address these exposures.

• Continually evaluates the University's exposures to accidental, legal, and regulatory risks, evaluates the financial impact of these risks, and implements loss control measures as appropriate.
• Creates and enforces University policies related to risk management.
• Serves as specialized resource to staff, faculty, and students on issues related to risk and insurance, including related to contract language and University policies.
• Consults with University risk owners and advises on how to proactively identify, assess, and address risks in their respective areas. Implements loss control measures when appropriate.
• Reviews and provides feedback from an insurance and risk management perspective related to student initiatives and activities.
• Delivers risk assessments to University areas to facilitate informed operational decisions.
• Reviews contracts and leases for unfavorable insurance or risk related language and provides feedback to University stakeholders.
• Reviews emergency action plans for University sponsored foreign travel for students. Provides trip leaders with feedback on plans. Customizes participant waivers for foreign travel based on University policies, provides information and answers questions related to International SOS emergency assistance program.
• Handles administration of University waivers and releases for University sponsored activities.
• Serves as Risk Management representative and actively participates in various University committees and groups.
• Ensures the ongoing operations of the department in the absence of the Assistant Vice President for Insurance & Risk Management, which includes over an eight week period in summer when the Assistant Vice President is on leave.
• Keeps informed on current developments and loss trends by reading loss prevention reports from insurers, newsletters, or attending seminars or conferences specific to risk management.
• Serves as department contact for all Risk Management related online training.
• Along with the Assistant Vice President for Insurance and Risk Management, advances the strategic plan and priorities of the University, Financial Affairs, and Insurance and Risk Management.

Duties and Responsibilities

Essential Job Functions:

• Analyze activities across all University departments to evaluate risk exposures and recommend risk management measures to reduce or eliminate those exposures. Work with departmental leadership to develop and implement risk management/loss control policies and procedures. Significant interaction with the following departments:
  • Compliance Office
  • General Counsel
  • Student Life
  • Athletics
  • Facilities and Maintenance
  • Dining Services
  • Education Abroad
  • Public Safety
  • Campus Ministry
  • Environmental Health & Safety
• Manage Insurance & Risk Management review of contracts with vendors and third parties to ensure the inclusion of appropriate insurance and risk-related contract terms to minimize the University's risk of loss in contractual relationships. Act as liaison between the University and vendors and/or their insurers to explain what level of insurance coverage is, why it is required, and secure the necessary evidence of coverage.
• Serves as a specialized resource to staff, faculty and students on issues related to risk assessment and insurance coverage. Possible opportunities to serve on committees to collaborate on the development and implementation of policies across the University.
• Other duties as assigned by the Assistant Vice President for Insurance & Risk Management.

Minimum Qualifications

Formal Education:

• Bachelor's Degree required.

Specific Job Knowledge:

• Specialized or technical knowledge preferably in risk management, property and casualty insurance, and third-party liability.
• Persuasive skills in negotiating and selling ideas and programs to a diverse campus community, and the ability to obtain their active cooperation and assistance.

Minimum Work Experience:

• Minimum 5 years of experience in risk and insurance industry with focus on risk management.

Work Skills:

• Strong interpersonal, oral and written communication skills required. Ability to communicate complex, technical information to others that are not trained in the field of expertise, including senior University leadership, is essential.
• Organizational skills and multi-tasking ability is critical.
• Knowledge of finance, insurance coverage, and general contract principles is required.
• Working knowledge of computers.

Equipment Knowledge:

• Experience in using Microsoft Office products.
• Experience in using risk management information systems.

Preferred Qualifications

• Risk Management Certification is strongly preferred.
• Experience in using contract management systems is strongly preferred.

Physical Requirements and/or Unusual Work Hours

None

Salary Posting Information

This position falls within salaried grade 17 and the range for this position is $84,400-88,600. The final salary will be determined with consideration of several factors including the selected candidate's qualifications, department budget availability, market data, and internal equity.