Director of Risk Management and Insurance

Posting Details

Position Information

Job Title

Director of Risk Management and Insurance

Union Level

Department

Enterprise Risk Management

Campus

Stockton

Posting Number

201303994P

Full or Part Time

Full Time

Number of Months

12

Work Schedule

Work performed during normal business hours. May be requested to work additional hours to meet business needs or deadlines.

Position End Date

Open Date

04 / 17 / 2025

Close Date

Open Until Filled

Yes

Special Instructions to Applicants

For Applicants Seeking Job Opportunities within the University

Internal : Internal applicants will be considered within the first five (5) business days of the posting period.

External : External applicants will be considered on the sixth (6) business day of the posting period.

Sponsorship

This position is not eligible for a visa sponsorship now or in the future.

Position Summary Information

Primary Purpose

Reporting to the CFO and EVP for Finance and Operations, the Director of Risk Management & Insurance is responsible for building and administering the University's risk management and insurance programs. This position directs and leads the development of risk management strategies and related policies and procedures. They influence University risk owners to manage and mitigate operational risks.

Essential Functions

Insurance and Risk Management Financing :

• Identify exposures, analyze and evaluate risks, and oversee the placement of insurance programs, including property, casualty, educator's legal liability, cyber, and more.
• Design optimal insurance structures leveraging third-party insurers.
• Lead strategy discussions, negotiate terms, and oversee the placement of insurance coverages.
• Oversee administration, record-keeping, and oversight of insurance programs and policies across various loss types.
• Maintains current, accurate, and meaningful insurance, premium, legal, loss, claims, and related statistical risk management records.
• Evaluate the University's insurance portfolio and manage insurance claims.
• Serve as the primary liaison with insurance carriers and manage broker relationships.
• Negotiate insurance policy terms and pricing and manage special insurance programs.
• Conduct an annual review of the schedule of insurance policies, including a review of renewal policies for errors or omissions. Make recommendations for correction, addition, or deletion.
• Review contracts for risk-related provisions to avoid improper risk assumption.
• Administers the University's workers' compensation program and insurance. Investigate and analyze work-related accidents and injuries.
• Maintain oversight of all incidents and claims.
• Coordinate all data collection necessary to purchase new and all renewal insurance policies and programs successfully. Maintain contact with the broker regarding additional underwriting data needs and solicit essential data from the university community.

Strategic Planning and Compliance :

Budgeting and Reporting :

Other Duties :

University of the Pacific recognizes that diversity, equity, and inclusion is foundational to the success of our valued students and employees. We prioritize policy and decision-making that demonstrates awareness of, and responsiveness to, the ways socio-cultural forces related to race, gender, ability, sexuality, socio-economic status, etc. impede or propel students, faculty, and staff.

Minimum Qualifications

Education / Experience / Certifications :

Certification Requirements :

Preferred Qualifications

Physical Requirements

The physical demands described here are representative but not definitive of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

No unusual physical requirements. Requires no heavy lifting, and nearly all work is performed in a comfortable indoor facility. The job frequently requires sitting, talking, and hearing. Occasionally requires standing, walking, reaching, climbing, or balancing, stooping / kneeling / crouching / crawling, handling objects with hands, and lifting up to 10 pounds.

Vision requirements : Ability to see information in print and / or electronically.

Work Environment / Work Week / Travel :

Work performed during normal business hours. May be requested to work additional hours to meet business needs or deadlines. Some travel is required to other campuses or conferences / meetings.

Externally imposed deadlines : set and revised beyond one's control. Interruptions influence priorities, making it difficult to anticipate the nature or volume of work with certainty beyond a few days. Meeting deadlines and coordinating unrelated activities are key to the position. May involve conflict-resolution or similar interactions involving emotional issues or stress on a regular basis.

Hiring Range

$130,000.00 - $160,000.00 per year. We consider factors such as, but not limited to, scope and responsibilities of the position, candidate's qualifications, internal equity, as well as market and organizational considerations when extending an offer.

Background Check Statement

All applicants who receive a conditional offer of employment are required to execute a release and authorization for a background screening.

AB 810 Misconduct Disclosure Requirement : University of the Pacific complies with California Assembly Bill 810, requiring candidates accepting conditional job offers to disclose any final administrative or judicial findings, ongoing proceedings, allegations, resignations under investigation, or appeals related to sexual harassment or misconduct within the past seven years.

Anti-Discrimination / EEO Policy Statement

University of the Pacific is an equal opportunity employer dedicated to workforce diversity across backgrounds, experiences, and viewpoints. Pacific does not unlawfully discriminate in its hiring of faculty and staff, or in the provision of its employment benefits to its faculty and staff on the basis of race, color, religion, national origin, ancestry, age, genetic information, sex / gender, marital status, military and veteran status, sexual orientation, medical condition, pregnancy, gender identity, gender expression, or mental or physical disability, or other legally protected characteristics or combination of such characteristics. While we strive to attract a broad and representative pool of candidates, all hiring decisions are made based on merit, selecting the most qualified individual for each position.