Enterprise Risk Management Specialist, Principal

Blue Shield of CA; Oakland (CA); Hybrid; USD 150,000 - 190,000; Full time

Job summary

Blue Shield of California is seeking an Enterprise Risk Management Specialist, Principal to lead the day-to-day execution of the ERM program, coordinating risk identification, assessment, aggregation, and reporting through the GRC tool. You will partner with Ascendiun Family of Companies to strengthen risk-informed decision-making and risk reporting to executive governance forums.

The role requires strong analytics, executive presence, and the ability to develop and deliver clear narratives to

Qualifications

• Bachelor’s degree or high school diploma with 4 years of related experience.
• Professional certifications (CPA, CIA, FSA/ASA or CFA) and additional degrees (MBA or JD) preferred.
• 10 years of prior relevant experience.
• Mastery of Enterprise Risk Management standards and processes.
• Requires health insurance industry experience; additional experience in regulated industries preferred.
• Strong analytical skills with the ability to synthesize large volumes of information into executive risk narratives.
• Executive presence with strong communication and presentation skills; ability to deliver concise reporting to senior leadership.
• Demonstrated intellectual curiosity and professional skepticism; ability to validate assumptions and identify risks and opportunities.

Responsibilities

• Execute day-to-day management and maturation of the ERM program.
• Identify, assess, aggregate, and report risks using the GRC tool.
• Develop mitigation strategies and strengthen risk-informed decision-making with business leaders.
• Support oversight of risk matters by executive leadership and governance committees.

Skills

Analytical skills

Executive presence

Communication skills

Risk reporting

Curiosity

Education

Bachelor’s degree or high school diploma with 4 years of related experience

CPA

CIA

FSA/ASA

CFA

MBA

JD

Job description

Your Role

The Enterprise Risk Management (ERM) Team is responsible for the ongoing management and maturity of the ERM Program. The ERM Specialist, Principal will report to the Director, ERM. In this role you will have primary responsibility for the day-to-day execution of the ERM program, including but not limited to the Ascendiun Family of Companies risk identification, assessment, aggregation, and reporting leveraging the Company's Governance, Risk, and Compliance tool. This role partners with business leaders across the Ascendiun Family of Companies to develop mitigation strategies and strengthen risk-informed decision-making, and supports effective oversight of risk matters by executive leadership and governance committees.

Your Knowledge and Experience

• Requires a bachelor's degree or High School Diploma/GED and 4 years of additional relevant experience in lieu of a degree
• Professional certifications (CPA, CIA, FSA/ASA or CFA) and additional degrees (MBA or JD) preferred
• Requires 10 years of prior relevant experience
• Requires mastery level knowledge of Enterprise Risk Management standards and processes.
• Requires prior health insurance industry experience; additional experience in highly regulated industries such as finance/banking, pharmaceuticals, defense/aerospace, manufacturing, or energy/utilities is preferred.
• Requires strong analytical skills with the ability to synthesize large volumes of qualitative and quantitative information into clear, executive-level risk narratives.
• Requires executive presence with strong communication and presentation skills; proven track record to develop and deliver clear, concise reporting to senior management and executive governance forums.
• Requires demonstrated intellectual curiosity and professional skepticism, including the ability to validate assumptions, examine underlying issues, and ask insightful questions that identify meaningful risk and opportunities.

Hybrid

This role requires employees to be in office based on our hybrid workplace model, balancing purposeful in-person collaboration with flexibility. For most teams, this means coming into the office two days each week.

Employees living more than 50 miles from an office location will work with their manager to determine in-office time based on business need.