Risk Management Manager (Remote)

CareFirst BlueCross BlueShield Washington DC

Company

CareFirst BlueCross BlueShield

Location

Washington DC

Type

Full Time

Job Description

Resp & Qualifications

PURPOSE:

Responsible for development and execution of effective risk management and insurance programs; serves as a dedicated resource to several business units of the Company. Coordinates and leads risk assessment and drives cost-effective risk management strategies to manage insurance costs, contractual risk transfer, loss mitigation programs and claims.

ESSENTIAL FUNCTIONS:

  • Proactively mitigate risk in collaboration with other stakeholders, such as Legal, Operations Management, Security, and Employee Health & Safety. Design and implement risk mitigation strategies.
  • Manage contractual risk transfer via continuous improvement of contract review process and customized insurance boilerplate language work with business partners to assist with review and negotiation of desired insurance language company agreements.
  • Act as the key liaison between the business units and the risk management group by promoting a positive environment of collaboration and excellent customer service. Provide support, education and training to staff to build risk awareness within the organization.
  • Manage claims for assigned coverage lines, in coordination with internal stakeholders, TPAs and Legal. Identify and drive loss mitigation opportunities based on contractual rights and claims data analytics. Ensure key stakeholders are updated on claims trending.
  • Manage the Business Resiliency Suite which includes the Business Impact, Continuity, and Resumption Plans. Integrate these plans into the over Disaster Recovery and Crisis Management process.

SUPERVISORY RESPONSIBILITY:

This position manages people.

QUALIFICATIONS:

Education Level: Bachelor's Degree in Finance, Accounting, Business or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

Experience:

  • 5 years Risk management or related risk assessment field as well as previous financial institution experience required.
  • 1 year supervisory or demonstrated leadership experience.

Knowledge, Skills and Abilities (KSAs)

  • Strong leadership and project management skills with ability to manage multiple competing priorities.
  • Excellent self-management skills taking initiative and assuming responsibility for team objectives and initiatives.
  • Proficiency in preparing and presenting information in a clear and concise manner to senior leaders.
  • Must be able to meet established deadlines and handle multiple customer service demands from internal and external customers, within set expectations for service excellence. Must be able to effectively communicate and provide positive customer service to every internal and external customer, including customers who may be demanding or otherwise challenging.

Salary Range: $100,160 - $185,922

Salary Range Disclaimer

The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

Department

Integrated Risk Management

Equal Employment Opportunity

CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Where To Apply

Please visit our website to apply: www.carefirst.com/careers

Federal Disc/Physical Demand

Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.

PHYSICAL DEMANDS:

The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.

Sponsorship in US

Must be eligible to work in the U.S. without Sponsorship

#LI-DM1

Date Posted

05/04/2024

Views

0

Back to Job Listings ❤️Add To Job List Company Info View Company Reviews
Neutral
Subjectivity Score: 0.7

Similar Jobs

Senior Associate, Data Science - People Analytics - Capital One

Views in the last 30 days - 0

Capital One is seeking a Senior Associate Data Science specialist for their People Strategy Analytics team The role involves applying data science an...

View Details

Senior Associate, Data Scientist - Customer Management - Capital One

Views in the last 30 days - 0

Capital One is seeking a Senior Associate Data Scientist for the Mainstreet Customer Management Data Science team The role involves partnering with cr...

View Details

Principal Project Manager, Commercial Bank - Capital One

Views in the last 30 days - 0

Capital One a Fortune 500 company and one of the nations top 10 banks is seeking a Principal Project Manager for its Commercial Bank The role involves...

View Details

Manager, Project Manager - Capital One

Views in the last 30 days - 0

Capital One a Fortune 500 company and one of the nations top 10 banks is seeking a Manager Project Manager The role involves leading critical and stra...

View Details

2025 Sensor Modeling and Simulation Analysis Engineer - The Aerospace Corporation

Views in the last 30 days - 0

The Aerospace Corporation is a trusted partner to the nations space programs providing technical expertise and innovative solutions across satellite l...

View Details

Managing Director: Federal Sales- IRS/Treasury - IBM

Views in the last 30 days - 0

The role of a Technology Sales Managing Director at IBM involves leading a team of multiskilled professionals to craft and execute account strategies ...

View Details