Director, Enterprise Risk Management

Blue Cross and Blue Shield of North Carolina; Wyoming (OH); Hybrid; USD 158,000 - 253,000; Full time

Job summary

Blue Cross NC is hiring a Director, Enterprise Risk Management to lead the design, execution, and continuous improvement of the organization's enterprise risk management framework.

This role is responsible for proactively identifying, assessing, managing, and communicating enterprise risks while partnering with executive leaders, business unit leaders, and governance bodies, including the Audit Committee and Enterprise Risk Committee, to embed risk-based thinking into strategic planning,

Qualifications

• Bachelor's degree required in risk management, finance or business administration.
• 10 years experience in risk management and consulting or public accounting.
• 5 years leadership experience.
• CRM, CRMA, ARM or CPA certifications.
• 12+ years of experience in related field in lieu of degree.

Responsibilities

• Direct all aspects of enterprise risk management and support to achieve objectives.
• Promotes organization-wide understanding of enterprise risks and risk strategies.
• Lead the ORSA process, including enterprise risk assessment, stress testing, and ORSA report.
• Prepare risk reports, dashboards, and presentations for leadership and boards.
• Coordinate with management to develop practical, timely, cost-effective business solutions.
• Monitor risk appetite metrics, KRIs, and emerging risks; report to Board as needed.
• Coordinate periodic reviews of risk appetite statements and governing practices.
• Monitor regulatory, industry and healthcare trends to identify impacts.
• Promote a strong risk culture through education, communication and consultation.
• Lead corporate insurance and captive management programs to manage insurance risks.

Skills

Risk management

Leadership

Stakeholder management

Regulatory compliance

CRM/CRMA/ARM/CPA

Education

Bachelor's degree in risk management, finance or business administration

Job description

Job Description

Blue Cross NC is hiring a Director, Enterprise Risk Management to lead the design, execution, and continuous improvement of the organization's enterprise risk management framework. This role is responsible for proactively identifying, assessing, managing, and communicating enterprise risks while partnering with executive leaders, business unit leaders, and governance bodies, including the Audit Committee and Enterprise Risk Committee, to embed risk-based thinking into strategic planning, operations, and capital decisions.

What You'll Do

• Direct all aspects of enterprise risk management and support throughout the organization to achieve business objectives and strategies.

• Proactively promotes organization-wide understanding of enterprise risks and risk management strategies.

• Lead the Own Risk and Solvency Assessment (ORSA) process, including facilitation of enterprise risk assessment, stress testing, and preparation of the annual ORSA report.

• Prepare risk reports, dashboards, and presentations for executive leadership, risk committees, and the Board.

• Understand the business implications of risk management and coordinate with the appropriate level of management to develop practical and actionable business solutions in a timely, cost-effective manner.

• Monitor risk appetite metrics, key risk indicators, and emerging risks and report to management and the Board as needed.

• Coordinate periodic reviews of risk appetite statements, policies, and governing practices.

• Monitor regulatory, industry, and healthcare trends to identify potential impacts to the organization.

• Promote a strong risk culture through education, communication, and consultation across the enterprise.

• Lead the corporate insurance and captive management programs to effectively manage insurance risks.

What You Bring

• A bachelor's degree in a risk management, financeor business administration

• 10 years experience in risk management and consulting or public accounting

• 5 years leadership experience

• CRM, CRMA, ARM or CPA

• In lieu of degree, 12+ years of experience in related field

What You'll Get

• The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.

• Work-life balance, flexibility, and the autonomy to do great work.

• Medical, dental, and vision coverage along with numerous health and wellness programs.

• Parental leave and support plus adoption and surrogacy assistance.

• Career development programs and tuition reimbursement for continued education.

• 401k match including an annual company contribution.

Where You'll Work

Our Hybrid Flex approach is built on presence with a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplace that's flexible, connected, and future focused.

In a Hybrid-Flex role, you'll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$157,978.00 - $252,765.00