Job Description
Position Overview
We are seeking an experienced and dynamic Vice President of Enterprise Risk Management to join our organization, Scouting America. In this pivotal role, you will be responsible for developing, implementing, and overseeing the organization’s comprehensive insurance and enterprise risk management programs, ensuring that all potential risks are identified, evaluated, and effectively managed.
The Vice President of Enterprise Risk Management will be instrumental in building strong relationships across various departments, such as Safeguarding, Finance, Legal, and others to identify and assess risks that could impede the organization’s safety, reputation, program, security, or financial success. The ideal candidate will have a deep understanding of regulatory compliance and risk assessment methodologies. This is an exceptional opportunity for a strategic thinker who can lead initiatives to minimize risk exposure. The Vice President of Enterprise Risk Management also partners with the organization’s external brokers, health care providers, and insurers to facilitate customized insurance and enterprise risk management programs to protect the organization’s financial integrity.
Responsibilities
- Manages the organization’s enterprise risk management (ERM) framework for the national council. This includes managing the enterprise risk register and formulation of risk mitigation plans.
- Manages the organization’s insurance and self-insurance programs.
- Recommends and implements risk management solutions such as insurance, self-insurance, and/or other forms of risk transfer.
- Conducts risk assessments, collecting and analyzing data, documentation, reports, and eternal information such as risk and insurance market trends.
- Collaborates with functions such as Safeguarding, Finance, Legal, Audit, and Program to assist the organization in establishing effective policies and procedures to identify and address risks in programs, properties, and functions. Examples include contracting practices (insurance/risk-related terms), safety and security policies, business continuity plans, and subrogation and/or recovery measures.
- Reviews and assesses risk management policies and protocols; makes recommendations and implements modifications and improvements.
- Develops insurance submissions and supporting documentation necessary to place insurance programs.
- Partners with and supports Legal pursuing insurance claims with insurers and subrogation actions (as applicable).
- Reviews and analyzes metrics and data such as incident, loss, and claims data; claims reserves; actuarial reports; cash flow; asset values; and business interruption; and develops high-quality insurance underwriting submissions in partnership with the organization’s external insurance brokers and the insurance advisory subcommittee.
- Partners effectively with advisors such as the organization’s third-party insurance brokers, risk and safety consultants, legal and finance colleagues, health care providers, and the volunteer insurance advisory
- Develop and implement risk management training programs for staff, volunteers, and local councils to ensure awareness and understanding of risk management practices and policies. Coordinates the creation of ERM processes at local Councils, including local Council risk registers and mitigation plans.
- Monitor and evaluate the effectiveness of risk management strategies and make necessary adjustments to improve outcomes.
- Ensure compliance with all relevant regulations and standards related to risk management and insurance.
- Assist Insurance subcommittee to develop insurance options that best support Scouting America today and into the future.
- Drafts and presents risk and insurance reports and proposals to executive leadership, senior staff, and board and committee members.
- Performs other job-related duties as assigned.
Competencies
- Knowledge of: Insurance coverages, wordings, and points of negotiation; insurance claims and best practices to effect recoveries from the organization’s insurance policies; best risk management practices with experience partnership across the organization to develop and implement appropriate, practical, and valued risk management and mitigation strategies. Working knowledge of various analytical tools such as Hyperion, Excel, and Math Lab. Thorough understanding of enterprise risk management with the ability to implement, oversee, and deliver effective, high-quality ERM methodology and deliverables; how to apply Artificial Intelligence to risk management.
- Skill in: Verbal and written communication; mathematical and critical thinking; analytical and problem-solving; strong supervision and leadership; organizational skills and attention to details; project management; Microsoft Office Suite or related software to prepare reports and policies.
- Ability to: Work collaboratively with diverse teams and stakeholders to achieve common goals; effectively manage multiple tasks and priorities.
Education
- Bachelor’s Degree in risk management, Finance, or a related field from an accredited college or university.
Preferences: Master’s degree in a relevant subject is a plus.
Qualifications
- Minimum of 10 years of related experience including experience with Risk Management Information Systems (RMIS) sufficient to direct external RMIS vendor towards effectively using the software to support the organization’s risk and insurance needs.
- Must pass a criminal history background check.
- Must have the ability to travel approximately 24 days per year for underwriting meetings, site visits, and the national annual meeting (as required).
- Expect to travel to High Adventure Bases and various
Any work-related experience resulting in acceptable proficiency levels in the above Minimum Qualifications is an acceptable substitute for the above-specified education and experience requirements
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