Director of Risk Management and Assistant Finance Officer
Diocese of Cleveland
August 9, 2018
Full Time - Experienced
Strategic Risk Management
The Director of Risk Management and Assistant Finance Officer is primarily responsible to design and manage Diocesan activities to minimize and mitigate exposures to various and comprehensive business and property risks. Activities include management of the Diocesan Insurance Office, design of programs and operations to minimize exposure to risk, and management of activities to minimize losses upon the occurrence of a risk event. This position will report to and also support the Chief Financial Officer with other miscellaneous Diocesan financial projects that occur periodically.
Relationships and Reporting Hierarchy
Reports directly to Chief Financial Officer (CFO) in all matters related to strategic risk/insurance management and other financial projects at the direction of the CFO. Actively interacts with Diocesan Insurance Committee (sub-committee of independent Finance Council) and Diocesan Risk Management Committee (internal).
Supervises the Director of Insurance and supporting staff in the administration and management of the Diocesan Property/Casualty, Worker’s Compensation, and Unemployment insurance programs.
Serves as primary point of contact on all risk-related matters and relationships with Diocesan entities and business partners, including third party entities participating in Diocesan insurance programs, brokers, insurance carriers, adjusters, etc.
Develop and implement risk management strategies designed to create a culture of risk management, identify and evaluate business and property risk exposures, mitigate incurred losses, and reduce/prevent the potential of loss.
Execution of ongoing risk assessment processes and other activities relative to implementing and operating a comprehensive risk management program. Risk management activities would include designing appropriate business processes, financial controls, loss mitigation and prevention programs, facilities management practices, and safety measures.
Implement and manage Diocesan Risk Financing strategy including focus on reserve (self-insured) fund and retention levels, excess insurance coverage and limits, and participant premium allocations to fund the program.
Oversee insurance placement by third party broker/advisor and administer the reserve-fund; present appropriate financial and risk control information to insurance carriers and other third parties as needed in the execution of the risk management program.
Develop and implement administrative and operational processes and procedures over all insurance functions.
Oversee management of financial risk through risk assessment tools, underwriting reviews, actuarial reviews, reserve valuations, loss forecasting, loss payment controls, and financial audits.
Design and manage claims processing and related insurance operations and activities (claims reporting, setting participant premiums, billing, certificate issuance, appraisals, auto program administration, etc.) Oversee all claims administration including monitoring of large losses and providing input on large claim valuations and settlements.
Coordination of other Diocesan risk management functions (legal, facilities services, human resources, etc.) to address open claims and emerging risk matters.
Oversee relationship and performance of outside business partners including defense counsel, insurance broker, third party administrators (workers’ compensation and unemployment), adjusters, property engineering, appraisers and consultants.
Reporting and Administration
Develop and manage Diocesan Insurance Office budget and monitor ongoing expenditures. Assist CFO in oversight of the reserve fund.
Responsible for risk management communication with participants in the Diocesan Insurance Program. Develop training methods and communication that supports a strong risk management culture.
Provide periodic financial analysis and risk assessment reports to senior management.
Analyze and report upon monthly and quarterly losses covering all insurance lines.
Support Legal Office in review of contracts to ensure appropriate risk transfer and indemnification standards are included.
Provide leadership in Diocesan crisis management and continuity planning.
Strong commitment to the values, mission and ministry of the Roman Catholic Church.
Bachelor’s degree in business, finance, risk management, insurance, or related discipline.
Professional designation in risk management and/or applicable insurance field (i.e. ARM, CRM, AZ, CPCU, etc.)
Ten to fifteen years related business experience in risk management, risk finance, insurance, legal, or related business management role strongly correlating with above listed duties and responsibilities; five years supervisory or management experience; demonstrated experience interacting with highest levels of management.
Expert level knowledge of insurance, self-funded programs, and enterprise risk management; federal/state regulations; commercial law (liability, workers’ compensation, contracts, safety procedures).
Strong project management, analytical, presentation, communication, and organizational skills. Solid understanding of finance and budgeting principles.
Experience in working with professional services vendors and contract management.
Strong interpersonal skills.
Proficient in Microsoft Word, Excel, Outlook and other office software products in common use. Familiarity with insurance carrier information systems.
Valid Ohio driver’s license and ability to travel in eight county Diocesan footprint.
Please submit cover letter, resume, contact information for three (3) professional references and completed Diocese of Cleveland Employment Application to email@example.com. In the subject line, please enter: “Director of Risk Management and Assistant Finance Officer: Candidate Application Materials.” Position will remain open until filled. Selection of candidates for interview will begin on August 27, 2018.
About Diocese of Cleveland
The Roman Catholic Diocese of Cleveland was founded on April 23, 1847. Under the leadership of the Most Reverend Nelson J. Perez, Bishop of Cleveland, it is the twenty-third largest Diocese in the United States. The Diocese encompasses the counties of Cuyahoga, Summit, Lorain, Lake, Geauga, Medina, Wayne and Ashland. There are more than 692,000 Catholics in the Diocese, and Catholic Charities- Diocese of Cleveland is one of the largest diocesan systems of social services in the world. There are 185 parishes, 114 Catholic schools, 1 pastoral center and 1 mission office within the Diocese. The cathedral is the Cathedral of St. John the Evangelist located in downtown Cleveland.
BACK TO TOP
RIMS JobBank is Just One of the Benefits.
Discover what else RIMS Membership has to offer!
The job you are trying to reach from was originally posted at RIMS JobBank.