Director Enterprise Risk Management

<p><strong>With more than 8,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust. Interested in joining us?</strong></p>

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />Learn more about your options as an external candidate. <a href="" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions.&nbsp;

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Competitive Total Compensation Package

Overview: Direct and oversee enterprise risk management efforts including priority and emergency enterprise risk identification, oversight, analysis, management and reporting to senior leadership and the Board of Directors. The position will direct all aspects of enterprise risk management from strategy through implementation across the entire enterprise, including all subsidiaries.
Responsibilities: <ul> <li>Oversee enterprise risk management efforts including collaboration with senior executives in the identification, management, and reporting of priority and watch level risks, emerging risks, mitigation strategies, key risk indicators, risk tolerance, residual risk, and interdependencies.&nbsp;</li> <li>Collaborate with subsidiaries to develop enterprise risk management disciplines consistent with enterprise objectives; integrate results for reporting to senior executives and the board of directors.&nbsp;</li> <li>Develop and deliver risk tolerance and philosophy statement, to senior leadership and the board of directors.&nbsp;</li> <li>Collaborate effectively with other divisions and priority enterprise risk owners to reduce organization complexity and enhance efficiencies through automation and integration of enterprise risk management with existing corporate processes.&nbsp;</li> <li>Collaborate and align with strategic and capital planning to achieve and maintain formal integration with enterprise risk management.&nbsp;</li> <li>Monitor and prepare enterprise for evolving enterprise risk management mandates from regulators and rating agencies.&nbsp;</li> <li>Prepare and file Own Risk and Solvency Assessment annually with Michigan Department of Insurance and Financial Services.&nbsp;</li> <li>Prepare and deliver formal presentations, discussion documents, and department updates to the senior executive team and the board of directors.&nbsp;</li> <li>Coach and develop team members within the department.&nbsp;</li> <li>Other duties may be assigned.&nbsp;</li> </ul>
Requirements: <ul> <li>Master's or other advanced degree in business or related field required.</li> <li>Ten (10) years experience in enterprise risk management. Experience in insurance or health care industries preferred.</li> <li>Three (3) years leadership experience required.</li> <li>Broad and deep knowledge of BCBSM including its business, history, long-term and annual goals, and leadership.</li> <li>Outstanding communication skills. Ability to deliver complex information in clear, concise, and relevant manner using appropriate media</li> <li>Demonstrated interpersonal and leadership skills with an ability to consult with executive and line leadership and influence without authority.</li> <li>Highly refined analytical skills. Ability to anticipate scenarios and develop strategy options while remaining open minded to alternatives.</li> <li>Ability to lead others and manage their performance.</li> <li>Other related skills and/or abilities may be required to perform this job.</li> </ul> <p><em>All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.</em></p>