Job Summary:

The Director, Risk & Insurance has overall responsibility for the organization's insurance and reinsurance programs.

Essential Functions:

• Lead the organization's captive reinsurance companies and look for ways to leverage captive structure
• Maintain relationships with brokers, carriers, and third-party vendors
• Oversee the purchase of all insurance and reinsurance coverage for the organization
• Negotiate and manage risk transfer agreements associated with stop-loss and quota share programs in order to manage risk and regulatory capital
• Direct and monitor company's claims submission and adjudication procedures for all lines of insurance and reinsurance coverage
• Partner with accounting and actuarial staff to establish and monitor reinsurance-level claim reserves
• Partner with internal and external legal counsel to negotiate and finalize insurance and reinsurance contracts
• Serve as the insurance subject matter expert for the company for all lines of commercial insurance coverage; support contract reviews as necessary
• Lead M&A due diligence and acquisition integration efforts around insurance and reinsurance-related issues
• Perform any other job duties as requested

Education and Experience:

• Bachelor's degree in Business, Finance, Risk Management, Actuarial Science, or Accounting or equivalent years of relevant work experience is required
• Experience operating and managing captive insurance companies, preferably within the healthcare or insurance industry
• Minimum of seven (7) years of experience in financial and risk management related fields in large corporate environment required
• Minimum of three (3) years of management experience required
• Experience with national insurance brokers required
• Experience with M&A due diligence and acquisition integration preferred

Competencies, Knowledge and Skills:

• Broad knowledge of corporate risk management functions, insurance marketplace, and all major insurance lines
• Broad knowledge of commercial and alternative risk reinsurance structures and operations
• MS Office expert proficiency
• Excellent verbal and written communication skills
• Demonstrated managerial and organizational skills, including judgment/decision making; conflict resolution skills
• Ability to work effectively with others, internally and externally, at all levels
• Ability to work independently
• Critical listening and thinking skills

Licensure and Certification:

• Certified Risk Manager (CRM), Certified Property & Casualty Underwriter (CPCU), or Associate in Risk Management (ARM) preferred

Working Conditions:

• General office environment; may be required to sit or stand for extended periods of time

Compensation Range:
$130,300.00 - $228,100.00 CareSource takes into consideration a combination of a candidate's education, training, and experience as well as the position's scope and complexity, the discretion and latitude required for the role, and other external and internal data when establishing a salary level. We are highly invested in every employee's total well-being and offer a substantial and comprehensive total rewards package.

Compensation Type:
Salary

Competencies:
- Create an Inclusive Environment - Cultivate Partnerships - Develop Self and Others - Drive Execution - Influence Others - Pursue Personal Excellence - Understand the Business

This job description is not all inclusive. CareSource reserves the right to amend this job description at any time. CareSource is an Equal Opportunity Employer, including disability and veteran status. We are committed to a diverse and inclusive work environment.