Director, Enterprise Risk Management

Job summary

The Director of Risk Management leads the design and execution of the enterprise risk management framework while coordinating with executive leadership and governance bodies. This role oversees risk assessment processes, including ORSA and stress testing, to ensure business objectives are met through actionable risk-based strategies.

Job details

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, finance or 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. * Learn more [https://careers.bluecrossnc.com/global/en/benefits] 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 Skills _____________________________________________________________________ JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC [https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC]. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com [HR.Staffing@BCBSNC.com].

What you’ll do

The Director of Risk Management leads the design and execution of the enterprise risk management framework while coordinating with executive leadership and governance bodies. This role oversees risk assessment processes, including ORSA and stress testing, to ensure business objectives are met through actionable risk-based strategies.

Requirements

Candidates must possess a bachelor's degree in risk management, finance, or business administration along with at least 10 years of experience in risk management, consulting, or public accounting. Additionally, 5 years of leadership experience and professional certifications such as CRM, CRMA, ARM, or CPA are required.

Benefits

• Medical coverage • Dental coverage • Vision coverage • Health and wellness programs • Parental leave • Adoption assistance • Surrogacy assistance • Career development programs • Tuition reimbursement • 401k match • Paid time off

Listed skills

• Regulatory Compliance · Preferred
• Leadership · Preferred
• Reporting · Preferred
• Financial analysis · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Enterprise risk management
• Risk assessment
• Strategic planning
• Financial analysis
• Regulatory compliance
• Stress testing
• Corporate insurance
• Captive management
• Risk appetite metrics
• Leadership
• Consulting
• Healthcare industry knowledge
• Governance
• Reporting
• Risk culture
• Public Accounting
• Emerging Risk
• Business Objectives
• Time Off Management
• Enterprise Risk Management (ERM)
• Auditing
• Customer Relationship Management
• Business Administration
• Dashboard
• Management
• Strategic Planning
• Certified Public Accountant
• Communication
• Continuous Improvement Process
• Certification In Risk Management Assurance
• Finance
• Key Risk Indicator
• Risk Management
• Operations
• Presentations
• Risk Analysis
• Risk Appetite
• Solvency

Job areas

• Management & Leadership
• Finance & Accounting
• Healthcare
• Consulting
• Director of Risk Management
• Financial and Investment Advisers
• Financial Risk Specialists