Manager, Risk Management (Hybrid) - Quest Diagnostics

The Manager of Risk Management will oversee all aspects of various property and casualty insurance programs, including analyzing exposure data and loss information, preparing presentations for insurance markets and summarize renewal results. 

• Assess the impact of insurance renewal options and present recommendations with justifications, to leadership and Director of Risk Management
• Check insurance documentation for completeness accuracy and recommend changes 
• Serve as a subject matter authority to assist other internal groups with any insurance related issues and implement action plans
• Work with insurance brokers in accomplishing risk management objectives
• Manage funding of claims escrow accounts and verify loss report accuracy 
• Oversee monthly reconciliation reports to verify loss payments to general ledger 
• Enable funding and obtain appropriate authorizations on all insurance invoices and wires 
• Orchestrate monthly risk management cash forecast
• Manage annual workers compensation and automobile liability retrospective adjustment calculations and annual audit     
• Facilitate certificate of insurance production with brokers and insurance companies to ensure compliance with insurance policies and contracts. Implement AI solutions
• Oversee department electronic maintenance of documents to improve accessibility of policy information and process optimization
• Lead due diligence for target acquisitions 
• Manage integration and assimilate of acquisition company’s insurance into our coverages and determine run-off issues 
• Provide ongoing support and guidance to acquisition company employees
• Serve as a key contact within Risk Management for leases, vendor, and supplier contract reviews to ensure adequate protection for the company
• Assess risk and negotiate changes in contracts to transfer liability where possible through discussion with contracts group, business unit, legal department and clients
• Design, develop and implement methods and strategies to continually improve processes, including processes that extend outside of Risk Management

Education: 

• Bachelor’s degree in risk management, finance or business

Preferred Work Experience: 

• 5-7 years relevant risk management or insurance experience

Knowledge:

• Demonstrated knowledge of core insurance principles
• Healthcare risk management a plus
• Strong financial, organizational, and analytical skills
• Innovative thinker comfortable with ambiguity to complete tasks
• Ability to work effectively cross-functionally and build/maintain relationships

Skills: 

• Excellent verbal, and written communication skills 
• Solid presentation skills
• Strong PC skills (Excel, PowerPoint, Word)

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume. 

Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets