University of Washington MANAGER, RISK FINANCING & CONSULTING in Seattle, Washington
Req #: 215322
Department: COMPLIANCE & RISK SERVICES
Job Location Detail: Roosevelt Commons West; 4300 Roosevelt Way NE, 2nd floor; open to hybrid work schedule (combination in-office + remote)
Posting Date: 11/16/2022
Closing Info: Closes On 11/27/2022
Salary: Salary and benefits are competitive. Salary is commensurate with qualifications and experience.
Shift: First Shift
As a UW employee, you have a unique opportunity to change lives on our campuses, in our state and around the world. UW employees offer their boundless energy, creative problem-solving skills and dedication to build stronger minds and a healthier world. UW faculty and staff also enjoy outstanding benefits, professional growth opportunities and unique resources in an environment noted for diversity, intellectual excitement, artistic pursuits and natural beauty. UW Compliance and Risk Services provides professional services and thought leadership in substantive and structural compliance, risk financing, risk consulting, and claim and litigation management to all University of Washington academic and administrative units. We have an outstanding opportunity for a Manager, Risk Financing & Consulting. Under the general direction of the Executive Director, Risk Management, the Manager, Risk Financing & Consulting is responsible for leadership and expertise in risk financing, risk consulting, and general office administration. This position maintains operational oversight of the Claims Services, Risk Financing, Risk Consulting and Loss Prevention, and Administrative/Finance Management functions for the University and its related entities. The successful candidate must be able to think holistically and strategically; and effectively direct a large portfolio of high-level programmatic functions that have institutional-wide impacts. Risk Services protects the University from the financial impact of unintentional loss. It provides services to all University schools, colleges, and administrative units in the areas of risk financing, workers' compensation, risk consulting, and claim management. The University uses all types of risk transfer mechanisms. Losses occur most frequently in the areas of workers' compensation, automobile, general, employment practices and professional liability, with lower frequency in marine protection and indemnity and first-party property claims. The Manager is responsible for the management of all business transactions conducted by Risk Management. Duties & Responsibilities Manage the financial and administrative operations of the UW’s insurance programs, including its captive insurance company: Oversee and manage all aspects of the financial administration of Compliance and Risk Services, including the insurance programs, budgeting, developing and managing claims and premium allocation systems, and recharging departments and other UW-affiliated entities; work with Executive Office and other unit financial leaders; Manage all CRS budgets and funds, developing and implementing appropriate accounting controls, and building systems and processes to ensure accuracy; Develop and implement transparent, yet confidential, reporting methods of financial insurance information for internal and external stakeholders; Work collaboratively and in partnership with the University’s business units responsible for financial and administrative transactions and systems; Interface and provide financial and other insurance information with auditors, captive administrator, actuaries and brokers; Supervise production of accurate information for effective presentations to reinsurance underwriters, actuaries and auditors; Give articulate presentations to captive insurance company Board and other stakeholders as needed; Supervise production of all certificates of insurance for the self-insurance program; Oversee the management of risk consulting, non-clinical risk assessment and loss control activities for all UW campuses and operations in the US and overseas, including: Manage the risks of adverse occurrences by identifying, treating, monitoring and evaluating risk exposures; Advise and oversee responses to administrative and academic departments and student groups on risk issues; Develop and implement training and administrative systems to increase awareness of risk exposures and to foster acceptance of responsibility by campus communities; Manage written and electronic communications concerning risk management policies and procedures; Develop and articulate risk management policies as a member of various University committees; Work with brokers, attorneys and other university offices and consultants to review and negotiate favorable risk transfer and insurance provisions in University contracts. Oversee major projects involving systems or process improvements, technology upgrades or replacements, and other projects which may require financial and/or administrative oversight: With Compliance and Risk Services leaders, develop a data strategy; Manage relationships with UWIT and external IT providers; Oversee acquisition and implementation of new systems and software and associated training Oversee staff’s maintenance of the Compliance and Risk Services’ website Oversee the University’s insurance portfolio composed of 50+ insurance policies covering commercial property, casualty and student health & accident risks: Supervise production of accurate information for and persuasive presentations to underwriters, Supervise Insurance Administrator Oversee the University’s self-insured equipment insurance program: With Insurance Administrator, determine premium rates, coverage terms and administrative policies Develop and manage program budgets and prepare quarterly and annual reports Coordinate with Claims Services program regarding claim administration With Insurance Administrator, determine optimal level of reserve funding and excess insurance for the program. Oversee general office administrative functions Work with staff to manage other administrative and financial processes for the office. Manage special projects as assigned. Requirements include: • Bachelor's degree in economics, business, or related field • 6 years of accumulated professional experience • Experience leading a risk management or risk financing program; • Experience with relevant federal and state laws, regulations and case law; • Experience in supervision of program staff • Experience with sophisticated risk analysis and loss control techniques • Knowledge of regulatory requirements, insurance industry standards and pricing structures; • Demonstrated skill in oral and written communications; • Excellent interpersonal skills in interactions with clients and co-workers, and a history of positive participation in team efforts; • Experience with relational databases and other computing systems; • Demonstrated attention to the detail of complex business transactions.
Equivalent education/experience will substitute for all minimum qualifications except when there are legal requirements, such as a license/certification/registration. Desired: • Master’s degree in business, public administration or related field. Insurance or other professional certification or licensure. As a UW employee, you will enjoy generous benefits and work/life programs. For a complete description of our benefits for this position, please visit our website, click here. (https://hr.uw.edu/benefits/wp-content/uploads/sites/3/2018/02/benefits-professional-staff-librarians-academi-staff-20210208.pdf) Application Process: The application process for UW positions may include completion of a variety of online assessments to obtain additional information that will be used in the evaluation process. These may include Work Authorization, Cover Letter and/or others. Any assessments that you need to complete will appear on your screen as soon as you select “Apply to this position”. Once you begin an assessment, it must be completed at that time; if you do not complete the assessment, you will be prompted to do so the next time you access your “My Jobs” page. If you select to take it later, it will appear on your "My Jobs" page to take when you are ready. Please note that your application will not be reviewed, and you will not be considered for this position until all required assessments have been completed.
University of Washington is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, religion, color, national origin, sexual orientation, gender identity, sex, age, protected veteran or disabled status, or genetic information.
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