Senior Risk Management Director

United Therapeutics Corporation; Silver Spring (MD); On-site; USD 140,000 - 180,000; Full time

Benefits offered by this job

Comprehensive benefits suite

Medical/Dental/Vision coverage

401k and ESPP savings plans

Paid time off and parental leave

Job summary

A pioneering biotech firm is seeking a Senior Risk Management Director in Silver Spring, MD. The successful candidate will manage risk strategies, oversee insurance programs, and ensure organizational resiliency. This role requires 15+ years of relevant experience, including leadership within the biotech or pharmaceutical sectors. Strong negotiation skills and a thorough understanding of risk management are essential. The position offers competitive benefits and is primarily on-site.

Qualifications

• 15+ years of risk management and/or commercial insurance experience.
• 10+ years in biotech or pharmaceutical industry.
• Ability to negotiate insurance policy contract language.

Responsibilities

• Oversee the development and maintenance of a Risk Management Program.
• Lead and oversee Property, Casualty and Management liability insurance programs.
• Review contracts and legal documents for compliance with risk management policies.

Skills

Risk management expertise

Commercial insurance knowledge

Leadership skills

Communication skills

Interpersonal skills

Education

Bachelor's Degree in business, finance, or risk management

Master's Degree in business, finance, or risk management

Tools

Microsoft Office Suite

Job description

Senior Risk Management Director page is loaded## Senior Risk Management Directorremote type: On-Sitelocations: RTP, NC: Silver Spring, MDtime type: Full timeposted on: Posted Todayjob requisition id: R04531California, US residents .**The job details are as follows:****Who we are**We are the first publicly-traded biotech or pharmaceutical company to take the form of a public benefit corporation. Our public benefit purpose is to provide a brighter future for patients through the development of novel pharmaceutical therapies; and technologies that expand the availability of transplantable organs.United Therapeutics (Nasdaq: **UTHR**) seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter’s pulmonary arterial hypertension( **PAH)**. Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (**PH-ILD**) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (**PF**).The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create bio-artificial organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant. We believe an unlimited supply of tolerable, transplantable organs will eliminate the transplant waiting list and cure end-stage organ diseases for which transplant is not currently an option.**Who you are*** ENTERPRISE RISK MANAGEMENT: Responsible to ensure successful execution of the Department's strategic goals and objectives Administer all ERM Program activities Assist corporate and business unit leaders in identifying exposures to loss and implementing appropriate risk management strategies to eliminate or reduce the impact of such loss Oversee the development and maintenance of a Risk Management Program Manual* CORPORATE INSURANCE: Lead and oversee the Property, Casualty and Management liability insurance programs Participate in negotiating insurance coverage and pricing, structure and limits for all property, casualty, management liability and other insurance policies and service agreements Conduct cost/benefit analysis of program alternatives as appropriate Evaluate adequacy of limits and appropriateness of retentions/deductibles Participate in managing broker and insurer relationships Responsible for risk management compliance with Clinical Trial Insurance SOP* CONTRACT REVIEW: Review leases, business development opportunities, clinical trial agreements, contracts and other legal documents to evaluate appropriateness of wording and assure compliance with insurance and risk management policies* ORGANIZATIONAL RESILIENCY: Oversee the business continuity management/planning across all business segments of the organization Lead the Corporate Resiliency Program to ensure it addresses all critical business functions and provides assurance that they can resume normal business operations to within planned disruption specifications Ensure that the management of the Organizational Resiliency Program includes regular testing of plans in accordance with the Organizational Resiliency Program Policy and framework Assist business units with review and inspection of facilities with a focus on loss reduction Review and provide recommendations on insurer issued loss prevention reports* Provide ongoing risk management and insurance subject matter expertise, resources, guidance and collaboration to all Unitherians* Other duties as may be assigned**For this role you will need**Minimum Requirements* 15+ years of risk management and/or commercial insurance experience with a Bachelor's Degree in business, finance, or risk management OR 13+ years of risk management and/or commercial insurance experience with a Master's Degree in business, finance, or risk management* 10+ years of experience in biotech or pharmaceutical industry, including global clinical trial risk strategy* 5+ years of experience as a functional leader and/or people manager* Ability to read, understand, explain, and negotiate insurance policy contract language* Subject Matter Expert in commercial insurance coverages, enterprise risk management, and organizational resilience* Excellent oral and written communication skills* Strong interpersonal skills* Demonstrates strong leadership skills with team, peers and business stakeholders* Excellent administrative and organizational skills* Proficient with Microsoft Office Suite* Ability to engage confidently across all levels of the organization, including executive leadership and that Board delivering risk insights with clarity, credibility and impact* Strategic mindset with the ability to execute effectively at both strategic and operational levels* Deep understanding of contractual risk, and indemnification provisions within the life sciences space* Proven ability to lead enterprise risk processes, manage complex insurance portfolios, and oversee cross-functional risk initiatives* Skilled in managing a team; including developing others, giving feedback, managing conflict, and fostering collaboration across disciplines**Preferred Qualifications*** Master’s Degree MBA, JD, or equivalent* Certified Risk Manager (CRM)* Chartered Property Casualty Underwriter (CPCU)* Certified Insurance Counselor (CIC)* Associate in Risk Management (ARM)* Safety, loss prevention, and claims experience**Job Location:**United Therapeutics requires this candidate to be on-site at either our Durham, North Carolina location or our Silver Spring, MD position a minimum of 3 days a week.At United Therapeutics, our mission and vision are one. We use our enthusiasm, creativity, and persistence to innovate for the unmet medical needs of our patients and to benefit our other stakeholders. We are bold and unconventional. We have fun, we do good.Eligible employees may participate in the Company’s comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more. For additional information on Company benefits, please visitUnited Therapeutics Corporation is an Equal Opportunity Employer, including veterans and individuals with disabilities.Eligible employees may participate in the Company’s comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more. For additional information on Company benefits, please visitUnited Therapeutics Corporation is an Equal Opportunity Employer, including veterans and individuals with disabilities.*We strive to be an organization that engages the minds, hearts, and most spirited efforts of each of our employees. Our sense of purpose transforms what we do from work into mission, occupation into vocation and achievement into success.**We challenge our employees with innovative and revolutionary projects, offer an environment which fosters high-level job performance and provide a highly competitive total rewards package. This is what makes United Therapeutics a stimulating place to work.*