Position: VP, Hospital Risk Management
Schedule: Full Time
Organization: Centra Health
Location: Lynchburg, VA (Remote Optional)
*Healthcare experience strongly preferred*
About Centra Health:
Set in the heart of Central Virginia, Centra Health is a regional, nonprofit healthcare system including four hospitals, a network of medical centers, as well as various specialty and primary care practices located along the Blue Ridge. At Centra, providing excellence in patient care, utilizing the latest evidence-based research, and fostering a culture of diversity and inclusion are at the forefront of our belief system. Centra is home to the Central Virginia Center for Simulation and Virtual Learning, the only center in Virginia that offers a full range of simulation experiences.
We want to partner with you to live your best life. At Centra, we want to listen carefully and get to know you well. We want to understand your hopes, goals and dreams. As a candidate considering employment with our organization, we want you to understand that it is our mission to help partner with you throughout each stage of your career.
Job Description:
The Vice President of Risk Management has overall responsibility for the operational, financial, programmatic, and personnel activities of the Risk Management Department of Centra Health, Inc., including its subsidiaries and joint ventures that receive risk management services from Centra.
The position’s main responsibility is to direct risk management issues that impact the strategic vision and direction of Centra and to direct the department’s daily operations, budgeting, fiscal management, claims management, and human resources management, while also ensuring alignment with Centra’s strategic goals and objectives.
The Vice President of Risk Management collaborates with stakeholders, oversees risk financing, claims administration, and loss control, and serves as the programmatic and operational leader of the department. The Vice President of Risk Management is also responsible for identifying opportunities for risk prevention and mitigation across the system about Centra’s operations. The position reports to the Senior Vice President and Chief Legal Officer and is responsible for developing and meeting departmental goals and objectives, preparing, and delivering reports, and managing financial initiatives, administrative services, and human resources.
Additionally, the Vice President of Risk Management is accountable for creating an environment that fosters diversity, leadership, and professional growth for all members of the healthcare team.
*We are ideally looking for a candidate that is a seasoned risk management professional, with experience in managing the following for a health system or related industry:
- Captive risk, including general and professional liability and workers compensation
- Commercial insurance selection and claims resolution
- Reinsurance (multi-layer)
- Patient safety
- Enterprise risk (ERM)
- Clinical risk management
Requirements:
Required Education
- Advanced degrees or certifications in a combination of Finance, Insurance and/or Business Administration.
Required Experience
- At least 10 years risk/insurance management experience preferably with a multi-institutional system that includes physician practices and ambulatory and other non-acute organizations.
- Must have strong knowledge of:
-Financial analysis, underwriting, risk financing, loss prevention, claims administration.
-Captive insurance company operations and governance.
-Regulatory requirements of domestic (US) and non-domestic Self-insured program. operations; risk retention groups.
-Group risk financing programs.
-Insurance and reinsurance markets and underwriting.
-Benchmarking and metrics monitoring.
-Claims Management and administration.
When recruiting and retaining talent at Centra, our hiring needs are based on matching a candidate’s job qualifications with our job requirements and department needs without regard to race, color, age, religion or belief, national origin, disability status, protected veteran status, gender identity or expression, sexual orientation or any other characteristic protected by the laws or regulations in the locations where we operate. Centra is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind.
Be yourself. Be a partner with Centra.