The Risk Manager is responsible for business insurance, enterprise risk management programs, and compliance for Vanguard University. Responsible for leading and maintaining campus-wide risk management and compliance programs. Serves as proactive partner to the university in dynamically managing business risks. They are a campus leader who demonstrates initiative and is innovative in fulfilling the position’s roles and responsibilities.
Risk Management Functions
Initiate and develop a robust Enterprise Risk Management program, which may include Board Risk Appetite Surveys and Statements, Heat Maps, Risk Survey’s, a scoring system, and preparing annual risk management reports. Incorporate risk management into the university’s Strategic Planning processes.
Develop and administer risk-management and loss-prevention programs. Advises the CFO on all potential sources of loss and on how to best reduce or eliminate loss.
Collaborate on policies to comply with safety legislation and industry practices.
Act as the liaison to attorneys, insurance companies and individuals. Receive and respond to accident/incident reports. Investigate any incidences that may result in a loss. Maintain the university’s legal notices.
Implement an effective communication program to educate and train employees about risk avoidance in collaboration with the CFO and insurance consultants.
Evaluate risks that the university may encounter on its physical sites and from various activities associated with the university’s operations. Develop and implement the changes and improvements needed to reduce and manage risks.
Working with the CFO, analyze and review risk, insurance and indemnification provisions contained in university contracts. Manage all correspondence, files, and records of contracts for the CFO office. Coordinate with all departments to maintain the university’s contract files.Ensure that business insurance policies, including endorsements, are
reviewed for completeness of coverage and technical language, providing assistance or advice on provisions that require clarification.
Coordinate and submit, as necessary, the gathering of business insurance policy renewal data. In collaboration with the CFO, negotiate and purchase business insurance for campus activities from the university’s insurance broker. Evaluate the business insurance broker as necessary.
Manage the delivery and receipt of certificates of insurance and endorsements for all contract arrangements. Manage special insurance programs for participants in various camps and clinics on campus.
Work closely with others in university administration to file, track and strategize on business insurance claims handling and settlement. Respond to all property and liability losses, including the timely notification of claims. In conjunction with the CFO, supervise all claims management activity and take an active role as needed in the management of high value claims.
Maintain awareness of legal, regulatory and competitive environment affecting the insurance industry and higher education.
Manage the Department of Motor Vehicles Pull Notice program with our insurance company and maintain a database of approved drivers.
In collaboration with the CFO, make exceptions by waiving insurance requirements and/or determining the appropriate limits of liability required for non-university individuals, groups, vendors, contractors, etc. Manage all student waivers.
Collaborate with Athletics’ department and university’s excess insurance carrier to manage sports injury claims.
Manage the Employee Annual Acknowledgements, which includes Conflicts of Interests.
Maintain a Risk Management Handbook and a Risk Management website.
In conjunction with the CFO, assist individuals and departments throughout the university by coordinating compliance with laws and regulations that affect their work and areas of responsibility.
In conjunction with the CFO, develop and implement mechanisms to measure, monitor, and continuously strengthen the university’s control over risk and ongoing assurance of compliance with applicable laws and regulations.
Collaborate with the CFO, Sr. Director of HR, CIO, Controller, and other leaders either separately or in conjunction with the compliance and disclosure task force to develop a program to ensure that compliance with rapidly changing laws and regulations is maintained throughout the university.
Develop and implement management and training programs regarding regulatory compliance issues.
Aid in prioritizing compliance issues to be reviewed by the President’s Cabinet.
Prepare an annual report that provides the Trustees and university administration with a comprehensive view of compliance and risk management activities that were planned, completed and carried forward.
Develop and provide regular, periodic analyses, both to track movement toward specific objectives and to provide senior management with assessment of activities.
Present to the Executive Committee and Board of Trustees as requested
Present annual business insurance renewals to the Finance Committee
Lead/Participate on the Risk Management Committee
Lead/Participate on the Compliance & Disclosure Task Force
Participate on the Institutional Manual Advisory Council
Participate on the Safety Committee
Participate on the Travel Risk & Advisory Committee
Identify risks to the organization within the department and discuss risk reduction options with immediate supervisor.
Perform other duties as assigned.
Bachelor’s degree required, preferably in business, risk management or related field with coursework or experience in risk management and insurance. Advanced degree (JD, MBA) and professional designations (CRM, ARM, etc.) are preferred.
Minimum of 3 years’ experience in similar role or insurance industry.
Experience in implementing Enterprise Risk Management (ERM) preferred.
Demonstrated leadership and initiative in managing an effective, innovative and successful risk management and compliance program.
Demonstrated ability to engage a wide range of constituents in risk management and compliance.
Demonstrated ability to work collaboratively and collegially.
Proven strong organizational, management and communications skills.
Excellent oral and written communications skills.
Higher Education experience preferred.
Knowledge and acceptance of principles and philosophies of Vanguard University
Additional Salary Information: Salary is commensurate with education and experience and includes a generous benefits package.
Vanguard University is a private, Christian, comprehensive university of liberal arts and professional studies equipping students for a Spirit-empowered life of Christ-centered leadership and service. Since 2010, the U.S. News & World Report has ranked Vanguard in the top 10 among the best baccalaureate colleges in the west in their rankings of colleges and universities and The Princeton Review na...med VU a 2014 "Best in the West" College. Vanguard is accredited by the Western Association of Schools and Colleges (WASC).
The vision that guides the VUSC community is rooted in the University's heritage as an institution of the Pentecostal tradition which was birthed out of the Azusa Street Revival in Los Angeles, California, at the turn of the twentieth century. From its inception, the movement generated a multicultural, multiracial, and gender-inclusive community of Spirit-empowered Christian believers who were committed to peacemaking and reconciliation. With global consciousness, these foremothers and forefathers of a renewed Christian faith carried the good news of the gospel around the world.
A strong commitment to cultural diversity, racial reconciliation, and gender equality is a consequence of VUSC being deeply grounded in the faith tradition that brought the University into existence. Moreover, these core values continue to define the institutional vision that pulls the VUSC community forward toward its mission and educational targets and goals. Within this Christian context of inclusiveness, the University aims to provide a quality educational experience by cultivating the Spirit-empowered life in Christian experience and service; promoting academic excellence that integrates faith and life; and providing professor-mentors in a dynamic community environment.