Risk & Insurance Manager Job Listing at HCSC in Chicago, IL (Job ID R0027583)

Description

At HCSC, we consider our employees the cornerstone of our business and the foundation to our success. We enable employees to craft their career with curated development plans that set their learning path to a rewarding and fulfilling career.

Come join us and be part of a purpose driven company who is  invested in your future!

Job Summary Located in Chicago, IL, this role is responsible for leading Corporate Risk Management functions inclusive of: risk financing, Captive insurance operations, loss prevention, loss reduction, risk insurance coverage analysis, purchase of insurance and claims management.

Essential Functions:

 • Collaborates in formulating policy, suggesting & coordinating Enterprise loss prevention and control activities, and determining risk financing mechanisms
• In conjunction with brokers and leadership, assists in the design, negotiation and approval of Property and Casualty Insurance for the Enterprise
• Manages the Corporate Property & Casualty claim payment process: Includes mass tort class actions, anti-trust lawsuits, directors and officers lawsuits, cyber liability incidents, managed care and insurance company liability actions; oversees process from initiation to settlement proposal; negotiates claim resolution with insurance carriers as needed
• Coordinates relationships with insurance brokers, Property & Casualty underwriting community, and other third-party administrators, and other risk-related service providers
• Monitors day to day operations of the Company's captive insurance company, including monthly claims reporting, annual regulatory filings and audit
• Reviews contract language as requested by Procurement and Legal; evaluates risk and provides recommended edits to decrease HCSC risks in engagements with third parties
• Review and respond to insurance provisions provided in RFPs. Provide alternative language to comply with existing insurance policy terms
• Designs and maintains the Corporate Risk Management policy and related operations manual
• Prepare and update renewal applications for various insurance policy renewals.
• Works with the company's insurance brokers to respond to requests for certificates of insurance and claims history documents
• Update and maintain Risk Information Management System data
• Manages the work of direct reports in Corporate Risk Management

Required Job Qualifications:  

• Bachelor's Degree in Risk Management, Business Administration, Economics, Accounting, Finance or relevant degree.
• 8 years of experience in Risk Management, Claims Administration, Insurance Brokerage or Underwriting.
• Qualified Risk Manager under the Nonadmitted and Reinsurance Reform Act (NRRA).
• Knowledgeable in P&C Insurance, including appropriate federal and state legislation, reporting requirements.
• Familiar with standard commercial insurance programs, self-insured funding, retention structures.
• Clear and concise interpersonal, verbal, & written communication skills.
• Project Management skills to bring assignments to completion.
• PC proficiency in Word, Excel, PowerPoint.
• Ability to travel including overnight stays 10%.

Preferred Job Requirements:

• Designation as a Chartered Property and Casualty Underwriter (CPCU), or designation as an Associate in Risk Management (ARM) issued by the American Institute for CPCU/Insurance Institute of America; OR
• Designation as Certified Risk Manager (CRM) issued by the National Alliance for Insurance Education & Research; OR
• Designation as a RIMS Fellow (RF) issued by the Global Risk Management Institute; OR
• other designation, certification, or license determined by a State insurance commissioner or other State insurance regulatory official or entity to demonstrate minimum competency in risk management
• Insurance Producers License.
• Proficiency in RMIS System.

We offer a flexible work arrangement with 3 days in the office and 2 days working from home.

Relocation is not provided at this time.

Sponsorship is not provided at this time.

Are you being referred to one of our roles? If so, ask your connection at HCSC about our Employee Referral process!

HCSC Employment Statement:

HCSC is committed to diversity in the workplace and to providing equal opportunity and affirmative action to employees and applicants. We are an Equal Opportunity Employment / Affirmative Action employer dedicated to workforce diversity and a drug-free and smoke-free workplace. Drug screening and background investigation are required, as allowed by law. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

 Apply on company website