The Director of Risk Management must be a highly motivated risk professional with excellent analytical, organizational, risk management, project management, and communication skills to coordinate risk-related activities. This person will interact with team members, board members, and residents as necessary and directed. This is a key and highly visible position with the responsibility of leading a strong risk management program.
- Lead risk management program, with an initial focus on General and Professional Liability, including:
- Assess incident reporting platforms and, with support from IT department, develop incident reporting database;
- Train team members on incident reporting;
- Develop and implement risk management policies and procedures;
- Analyze and evaluate potential risks and develop strategies to mitigate them;
- Conduct risk assessments and identify areas of potential risk;
- Develop and implement risk mitigation plans and ensure timely implementation;
- Collaborate with other departments and communities to identify and manage risks associated with their activities;
- Update and help to carry out Company’s Risk Management Plan;
- Organize and monitor team member participation in local risk management committees and in trainings, toolkits and collaboratives offered by Caring Communities and other insurance companies;
- Work with the Compliance Director to ensure compliance with regulatory requirements and industry standards related to risk management;
- Monitor and report on the effectiveness of risk management strategies and plans;
- Provide training and support to team members on risk management best practices;
- Stay current with emerging trends and developments in risk management.
- Participate in Policy Committee; Affordable Housing and Life Plan Community Risk Management meetings; Risk, Quality, and Services Committee meetings; and other committees and/or meetings, as requested; and
- Support company’s growth by reviewing and evaluating potential affiliation or acquisition partners’ loss runs and other risk-related documentation and recommend and execute proposed revisions to such documents post-closing.
- Coordination with Finance/Risk Management Team Members
- Work with Senior Director of Financial Compliance & Risk Management to support all aspects of the insurance claims process for company-wide property, casualty, automobile liability, and other related insurance programs;
- Support Senior Counsel with investigation of incidents, risk mitigation strategies and training on effective risk management;
- Work with Vice President, Healthcare Quality and Regulatory on all aspects of risk management intersecting with QAPI and clinical protocols
- Support data collection across the organization and perform analysis of risk exposures while supporting management with developing risk management solutions;
- Support analysis and presentation of data in an accurate and meaningful manner including identification of trends and areas for improvement;
- Support work with insurance adjusters, insurance brokers, and internal and external stakeholders to provide and/or gather information;
- Support placement of insurance policies;
- Review incoming incidents and complete follow-up processes as appropriate;
- Support tracking and management of financial performance of insurance programs; and
- Support review of insurance and claims related billings for approvals and processing.
- Build cross-functional partnerships and influence stakeholders across the organization to act without having a direct reporting relationship
- Keep abreast of best practices by participating in continuing education courses, professional organizations, and seminars; reading current literature and maintaining professional contacts in the communities;
- Review and analyze current and proposed regulations and laws to determine the risk to operations and formulate and communicate proactive risk mitigation recommendations
Qualifications:
- BA/BS degree in risk management or equivalent education, training and professional experience in risk management
- Minimum of 5 years’ required (7+ years preferred) experience in risk management, preferably in the senior living or health care industry
- Strong analytical skills, including the ability to interpret and determine the impact of complex laws, regulations and other documents;
- Able to provide project management for managing projects across multiple departments.
- Valid Drivers License
Job Type: Full-time
Pay: $160,000.00 - $190,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Health insurance
- Paid time off
- Tuition reimbursement
- Vision insurance
Experience level:
Schedule:
Experience:
- Risk management: 5 years (Preferred)
Ability to Relocate:
- Duarte, CA 91010: Relocate before starting work (Required)
Work Location: In person