Director of Risk Management and Insurance Programs
The Director of Risk Management and Insurance Programs (DRMIP) is responsible for managing a strategic and comprehensive University-wide risk management and insurance program. The DRMIP is a member of the AVP and University Controller's senior staff who serves as a key partner across the institution and brings an informed perspective toward improving institutional practices and realizing the University mission. They collaborate with a variety of University members, department managers, faculty, and staff, as well as with external partners, including legal counsel, insurance brokers, insurance company personnel, and third-party vendors.
As the institutional leader for the University's risk management and insurance programs, the DRMIP will be responsible for the development, implementation, and ongoing administration of all insurance-related: budgets, contracts, bids, requests, forecasting, negotiations, policies, program implementation, and administrative oversight.
The DRMIP and their team identifies and works to mitigate areas of potential risk and/or liability for Virginia Tech, its affiliated corporations, Virginia Cooperative Extension and 4-H Educational Center. The DRMIP acts on reports of losses and damage to university property and injured persons. They manage the recovery for extensive disasters from Federal and State agencies when appropriate. Additionally, they administer the university Student Health Insurance program and athletic injury programs. The DRMIP also Leads the insurance procurement and continuity of contract administration of Virginia Tech and Virginia 4-H Camps.
The DRMIP participates in various committees, including but not limited to: Occupational Health and Safety Committee, Emergency Management Committee, the Global Travel Oversight Committee.
The DRMIP provides informational training for the university community related to risk management, insurance coverage and programs. They act as the university liaison with the Commonwealth of Virginia Division of Risk Management. The DRMIP also supervises and directs support staff.
- Bachelor's degree in Business, Risk Management, Insurance or closely related field is required.
- Appropriate Risk Management professional certification such as an ARM, CIC, CISR, CRM, etc. or ability to obtain within two (2) years.
- Comprehensive knowledge of insurance and risk management principles with the ability to administer the university's risk management program.
- Knowledge and understanding of contract law.
- Demonstrated ability to work independently, take initiative and exercise discretion and judgment on matters of significance.
- Progressively responsible experience implementing and managing effective Risk Management and Insurance programs.
- Strong communication skills with the ability to show empathy when appropriate and regularly interact with diverse audiences at all levels of responsibility and authority while maintaining objectivity and credibility.
- Knowledge of insurance law and regulations.
- Proficiency with Microsoft applications.
- Strong problem-solving skills are essential, as insurance risk managers must be able to use data from conclusions, and identify strategies to approach potential risks.
- Master's degree with professional certification in risk management or insurance (e.g. CIC, CISR, AIC, ARM, ARME or CRM)
- Previous experience in a higher education setting, public agency, or institution.
- Knowledge of facilities management, infrastructure and operations at a large comprehensive research university.
- Knowledge of international risk management protocols.
- Experience reviewing contracts for risk mitigation.
Commensurate with Experience
November 1, 2021
The successful candidate will be required to have a criminal conviction check as well as documentation ofCOVID-19 vaccinationor receive approval from the university for a vaccination exemption due to a medical condition or sincerely held religious belief.
About Virginia Tech
Dedicated to its motto, Ut Prosim (That I May Serve), Virginia Tech pushes the boundaries of knowledge by taking a hands-on, transdisciplinary approach to preparing scholars to be leaders and problem-solvers. A comprehensive land-grant institution that enhances the quality of life in Virginia and throughout the world, Virginia Tech is an inclusive community dedicated to knowledge, discovery, and creativity. The university offers more than 280 majors to a diverse enrollment of more than 36,000 undergraduate, graduate, and professional students in eight undergraduate colleges, a school of medicine, a veterinary medicine college, Graduate School, and Honors College. The university has a significant presence across Virginia, including the Innovation Campus in Northern Virginia; the Health Sciences and Technology Campus in Roanoke; sites in Newport News and Richmond; and numerous Extension offices and research centers. A leading global research institution, Virginia Tech conducts more than $500 million in research annually.
Virginia Tech does not discriminate against employees, students, or applicants on the basis of age, color, disability, sex (including pregnancy), gender, gender identity, gender expression, genetic information, national origin, political affiliation, race, religion, sexual orientation, or military status, or otherwise discriminate against employees or applicants who inquire about, discuss, or disclose their compensation or the compensation of other employees or applicants, or on any other basis protected by law.
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