Director, Risk Strategy

Company :

Job Description : 

JOB SUMMARY

This job is responsible for the management of the strategy to provide framework for risk appetite & profile alignment, risk identification, risk assessment, risk decisioning, risk treatment, & risk monitoring strategies.

ESSENTIAL RESPONSIBILITIES

• Perform management responsibilities to include, but are not limited to: involved in hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity.  Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary; may have budgetary responsibility and authority.

• Works closely with the Vice President of Risk Strategy to lead the risk strategy for the enterprise including (1) defining and refining the risk taxonomy and risk management framework, and (2) understand and maintain the enterprise risk appetite statement and risk profile.

• Establish and maintain risk quantification models as necessary to support business owners in making informed risk-based decisions.   Manage the team of analysts and data scientists to support the strategic needs of the enterprise.

• Serve as subject matter expert for enterprise risk management, levering analytics, third party resources and business understanding to guide the enterprise.

• Interacts with senior leaders across the enterprise to guide leaders on risk issues and drive risk culture aligned with the overall enterprise strategy.

• Provide oversight of ad-hoc and routine projects related to risk strategy

• Other duties as assigned or requested.

EDUCATION

Required

• Bachelor's Degree in Risk Management, Finance, Business Administration or related field

Substitutions

• 6 years of related and progressive experience in lieu of Bachelor's degree

Preferred

• Master's Degree in Risk Management, Finance, Business Administration or related field

EXPERIENCE

Required

• 7 years in Risk Management, Strategy or similar management area  

• 5 years in a leadership or management role

Preferred

• None

LICENSES or CERTIFICATIONS

Required

• None

Preferred

• None

SKILLS

• Broad-based business knowledge as well as in-depth knowledge of the healthcare industry

• Excellent oral, written, and presentation skills, as well as conceptual and analytic skills 

• High-level of skill in leading interdepartmental and cross-functional strategy development.  

• Experience managing multiple projects and managing professional staff on numerous projects to ensure corporate deadlines and objectives are met.

• The utmost integrity in the discreet and confidential handling of confidential materials is necessary

Language (Other than English):

None

Travel Requirement:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Occasionally

Lifting: 25 to 50 pounds

Never

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times.  In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. 

Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Pay Range Minimum:

Pay Range Maximum:

Base pay is determined by a variety of factors including a candidate’s qualifications, experience, and expected contributions, as well as internal peer equity, market, and business considerations.  The displayed salary range does not reflect any geographic differential Highmark may apply for certain locations based upon comparative markets.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on any category protected by applicable federal, state, or local law.

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