Vice President, Risk Management

OneDigital • Rockwall, TX

1d

About The Position

The VP of Risk Management(VP) is responsible for leadership and delivery of key areas of the OneDigital practice including (1) Health & Benefits actuarial department, and (2) Stop Loss Center of Excellence. The Health & Benefits actuarial department at OneDigital is responsible for developing tools/models and for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNR valuations, benchmarking, well-being initiatives, and renewal negotiations. Centralized at corporate, the department works both with field office analytics and consulting leaders, as well as directly with large clients. The team helps OneDigital colleagues and clients evaluate and optimize their health and welfare programs. The OneDigital Stop Loss Center of Excellence (SLCOE) offers OneDigital offices a streamlined policy marketing and implementation process and a dedicated claims and service team that alleviate the complexities associated with third-party stop loss vendors and ensure OneDigital clients are receiving the most competitive rates in the market. In addition, the SLCOE provides claims support, allowing for expedited claims reimbursement. The SLCOE will identify and manage a panel of select top-rated stop loss carriers and offers annually renewable contracts with best-in-class provisions. The VP and their teams are responsible for bringing proactive, differentiated and value-added data analytics, insights, and support solutions to current and future OneDigital customers. The VP is a key leader responsible for providing ongoing evaluation, management and oversight of company-wide solutions that drive client retention and new sales. The VP will work closely and collaboratively with colleagues throughout the field offices, as well as leadership teams, to develop and deliver best-in-class solution offerings. The VP also manages relationships and performance of key vendors providing services to the departments.

Requirements

• Expert analytical skills – experience in data analysis or financial modeling
• Operationally minded – capable of developing efficient and effective departmental processes, metrics, and capacity plans.
• Excellent written and oral communication skills.
• Ability to communicate effectively at all levels of the organization.
• Proven project management skills and creative problem-solving abilities.
• Demonstrated ability to independently manage multiple complex projects simultaneously.
• Experience presenting technical concepts to a non-technical audience.
• Expert understanding of health insurance, medical stop loss/reinsurance, and employee benefit products.
• Bachelor’s Degree or equivalent experience
• 10+ years of prior related experience with 5+ managing people/teams, required
• Microsoft suite experience (excel, PPT, etc.), required

Nice To Haves

• Operational management experience, preferred
• Life & Health license, preferred

Responsibilities

• Establishes departmental strategies and key performance indicators, in close partnership with departmental leaders.
• Operationalizes the strategies generating from the departments, ensuring consistency and quality.
• Develops and oversees operational process, workflow, metrics, reporting, etc.
• Ensures departmental objectives are met or exceeded.
• Evaluates and analyzes the results of programs and services regularly and systematically; reports these results to the SVP of Operations
• Manages direct reports and their associated teams, including making hiring and termination decisions, providing coaching and development, rewards and recognition, performance management and ensuring staff productivity.
• Builds and maintains proactive capacity plans for the departments, ensures teams are resourced to execute.
• Partners with field leaders to assess and understand customer needs.
• Develops a cohesive national offering / practice with a strong focus on responding to market needs.
• Achieves field buy-in and support for this offering.
• Continually collects and synthesizes field and client feedback and utilizes this information to improve departmental offerings and delivery.
• Organizes and oversees field influencers/committees. These field teams both provide real time feedback on products and services as well as drive adoption in their respective markets.
• Drives market adoption of departmental products and services and ensures consistency across OneDigital.
• Develops and maintains strong vendor/industry relationships.
• Evaluates and manages vendors providing tools and services to the departments.
• Assesses regional/local field capabilities and helps regional leaders understand and plan for their strengths and opportunities.
• Regularly communicates with field leaders and offices to share departmental capabilities and developments.
• Monitoring and managing departmental budgets to plan.
• Completing other duties and projects as assigned.

Benefits

• eligible employees health, wellbeing, retirement, and other financial benefits
• paid time off
• overtime pay for non-exempt employees
• robust learning and development programs
• reimbursement of job-related expenses per the company policy
• employee perks and discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Executive