Director, Risk Management Group, Boston Consortium for Higher EducationJob LocationBOSTON, MA, United States
Tracking Code24599935601213
Posted Date12/13/2024
Salary GradeBased on experience
Position TypeFull-Time/Regular
About the Organization: The Boston Consortium for Higher Education (TBC) is comprised of 23 institutions, aiming to empower its member institutions to thrive in a dynamic and challenging environment through innovative programs and initiatives.
Position Summary: The Director, Risk Management Group (Director), provides strategic and operational leadership across risk management, enterprise risk management (ERM), and insurance programs for RMG member institutions.
This includes overseeing core insurance lines such as General Liability, Professional Liability, Property, Auto, Workers' Compensation, Student Foreign Travel, and Cyber.
Reporting to the Executive Director of TBC, the Director will work closely with key stakeholders to align strategies with institutional objectives.
The Director will develop and implement policies for risk management, strategic planning, and business continuity across member institutions, fostering collaboration and leveraging technology to enhance institutional resilience.
Required SkillsSpecific Responsibilities: Leadership and Collaboration Build and maintain strong relationships with internal and external stakeholders.Foster professional development through mentorship/training programs.Provide leadership in training and educating staff on risk-related matters.Ensure compliance with regulatory requirements.Promote proactive outreach and education to integrate risk management into strategic decision-making.Program and Broker Management Lead Request for Proposal (RFP) processes to select insurance brokers.Set clear performance metrics for brokers and internal teams.Monitor broker performance in conducting annual reviews and negotiating insurance terms.RMG MEMBER SUPPORT Provide guidance to TBC-RMG members on risk management practices.Collaborate with members to review contracts for indemnification and insurance requirements.Assist members in evaluating operations and exposures for appropriate insurance coverage.Provide oversight of the broker's claims management processes.PROGRAM DEVELOPMENT AND INNOVATION Evaluate potential new insurance programs and explore opportunities for growth.Provide incentives for loss control and develop premium allocation methodologies.Collect and analyze underwriting data; participate in insurer negotiations.Serve as the liaison between TBC-RMG and the edRISK captive insurance program.Identify potential members for edPROPERTY and edLIABILITY.Required ExperienceMinimum Qualifications: Bachelor's degree in Risk Management, Business Admin, or related field (Master's preferred).Minimum of 8 years of risk management experience, ideally in a higher education setting.Professional certifications (e.g., ARM, CRM, CPCU) strongly preferred.Proactive and Inclusive Leadership.Strong understanding of financial and operational risk management.Demonstrates strong relationship-building skills.Displays commitment to ongoing professional development.The intent of this description is to illustrate the types of duties and responsibilities associated with this role and should not be interpreted as a comprehensive list of all requirements.
TBC reserves the right to revise or adjust job duties, work hours, and responsibilities as necessary. The position is based in Massachusetts with a hybrid work schedule.
How to apply: Please submit a thoughtful cover letter, including your salary requirements, along with your resume to ******. TBC is an equal opportunity employer.
TBC prohibits unlawful discrimination against any employee or applicant for employment based on race, color, religion, sex, gender identity, age, national origin, genetic characteristics, disability, status as a special disabled veteran or veteran, marital status, sexual orientation, sexual identity, or any other basis prohibited by law.
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