Risk Manager, Insurance Programs

This role is hybrid out of Pennsauken NJ

POSITION SUMMARY:

Responsible for the oversight and implementation of all aspects of BAYADA Home Health Care and managed entities insurance programs under the supervision of the Director of Employee Claims. Plan and oversee key work streams and projects related to the selection and procurement of adequate cost-effective and comprehensive business insurance coverage. Analyze and interpret claim trends while collaborating with key business partners to develop and implement risk mitigation strategies including safety programs and loss prevention measures.

MINIMUM QUALIFICATIONS:

• Exemplifies characteristics of The BAYADA Way: compassion excellence and reliability.
• Four (4) year college degree or an equivalent combination of education and experience.
• Minimum five (5) years of related risk management insurance policy management and/or insurance/brokerage experience and/or training.
• ARM CPCU and/or Property & Casualty Broker license preferred.
• Strong interpersonal and communication skills.
• Ability to organize prioritize and follow through on multiple tasks or projects simultaneously.
• In-depth knowledge of insurance products regulations and industry best practices. Proficiency in data analysis and risk assessment tools.
• Ability to communicate effectively with diverse levels skill sets and functions.
• Team Oriented.
• Strong computer skills including Word Excel and PowerPoint with the ability to create reports.

PRIMARY RESPONSIBILITIES:

• Demonstrate and communicate the core values of BAYADA and The BAYADA Way.
• Develop working knowledge of BAYADAs mission services people organization policies and procedures.
• Manage data and application requests as part of the insurance renewal process for BAYADAs property/casualty insurance programs.
• Assist with the negotiation of insurance renewal programs including pricing and terms and conditions as needed.
• Assist with the evaluation of insurance coverage requirements for new business acquisitions and/or joint ventures. Assist in the placement of coverage.
• Responsible for coordinating analyzing and compiling data relative to actuarial financial and insurance audits.
• Review of insurance program specifications quotations policies and schedules of insurance for accuracy and completeness.
• Review insurance carrier and insurance broker invoices and process payment.
• Assist in the development implementation and maintenance of an effective Workers Compensation charge and cost allocation process.
• Produce statistical and analytical reports charts and graphs that provide a visual representation of claim trends to business leads.
• Collaborate with business leads and clinical teams on the implementation and creation of loss prevention strategies.
• Responsible for ensuring the accuracy of claims data and coding in an effort to ensure the accuracy of claim trends needed for data analytics.
• Assist in the ongoing assessment/gap analysis of existing loss prevention materials programs policies and procedures to identify areas of opportunity to mitigate risks from a safety and insurance perspective.
• Help maintain a strong relationship and open communication with key stakeholders to ensure they are aware of risk management policies and procedures.
• Oversee OSHA compliance as it relates to our Workers Compensation program and ensure timely completion of required logs.
• Partner with Accounting and Financial Reporting to ensure adequacy of insurance reserves.
• Participate in the selection and oversight of insurance consultants and program providers.
• Assistance with the Workers Compensation Claims Management program as needed.
• Management and oversight of the companys Unemployment claims program.
• Management and oversight of the companys New Jersey Temporary Disability and New Jersey Family Leave Insurance Programs.
• Demonstrate solid performance or exceed performance standards in key job dimensions/attributes as defined on the Performance Appraisal for Office Staff.
• Perform related duties or as required or requested by supervisor.

BAYADA believes that our employees are our greatest asset:

• Base Salary: $120000-$140000 / year
• Bonus Opportunity
• BAYADA offers a comprehensive benefits plan that includes the following: Paid holidays vacation and sick leave vision dental and medical health plans employer paid life insurance 401k with company match direct deposit and employee assistance program
• To learn more about BAYADA Benefits click here

As an accredited regulated certified and licensed home health care provider BAYADA complies with all state/local mandates.

BAYADA is celebrating 50 years of compassion excellence and reliability. Learn more about our 50th anniversary celebration and how you can join in here.

BAYADA Home Health Care Inc. and its associated entities and joint venture partners are Equal Opportunity Employers. All employment decisions are made on a non-discriminatory basis without regard to sex race color age disability pregnancy or maternity sexual orientation gender identity citizenship status military status or any other similarly protected status in accordance with federal state and local laws. Hence we strongly encourage applications from people with these identities or who are members of other marginalized communities.