Risk Management Coordinator

UMC Health System • Richmond, KY

1d • Onsite

About The Position

The Risk Management Coordinator assists in the systematic gathering and utilization of data essential to hospital wide risk management programs. The position assists with the complex administration of UMC’s extensive insurance programs.

Requirements

• Demonstrated ability to apply critical thinking and investigative skills in stressful environments
• Must have ability to create and maintain organized, confidential, and professionally documented investigative files consistent with department processes.
• Must be able to apply professional judgment as needed to prioritize work to achieve a consistent professional written work product and optimal productivity.
• Proficient use of Microsoft Office Suite

Nice To Haves

• Bachelor’s degree preferred.
• Experience in healthcare law and/or previous experience relating to risk management, contracting and medical malpractice management may be substituted in lieu of degree.
• Existing licensure in risk management preferred or a commitment to become certified within 2 years

Responsibilities

• Ensure that the malpractice insurance process is maintained for all required UMCP employees and is updated on an as needed basis to reflect the most current information available.
• Ensure pricing and coverage limits are appropriate for workers’ compensation, general liability, property, errors & omissions, directors & officers, cyber liability, and commercial auto insurance policies.
• Assist in the annual preparation and compilation of policy specific insurance applications and documents for insurance policy renewals. Ensure applications for renewal or new coverage are timely, complete, and accurate. Review each renewed insurance policy and endorsement for completeness, assess any changes to determine the impact and request explanation or clarification from insurance carriers.
• Act as liaison between all UMC entities and broker/insurance carrier representatives to assess coverage needs and address questions and/or concerns. Implement policy changes as needed.
• Review agreements, contracts, and leases for insurance provisions to ensure adequate coverage and/or compliance with existing coverage.
• Assist with insurance assessments for special events. Review related contracts and activities to determine additional coverage needs.
• Manage distribution of Certificates of Insurance to internal and external recipients for all lines of coverage. Respond to requests for professional liability certificates. Prepare or request certificates from insurance brokers as needed.
• Perform training of new and current employees on UMC’s risk management processes, as necessary.
• Work with any appropriate levels of administration to address malpractice/insurance risk issues.
• Stay abreast of current developments from state and federal agencies regarding applicable risks
• Assist in reporting to the Senior Vice President Finance and other appropriate members of UMC’s management and/or committees on relevant issues and help to serve as representative of the UMC’s risk management area with other internal and external committees.
• Conduct yearly assessments of the risk management environment both internally and externally to help revise UMC policies and/or processes to account for any identified changes.
• Provides data and reporting as required
• Attend property site inspections with facility management.
• Attend meetings as required.
• All other related duties assigned.

Benefits

• Resilience program
• Emotional Physical Spiritual Financial Career Community On-Site Professional Counselors (EAP)
• Discounted Pharmacy Cost
• Cash Retention Bonus (only one in our region)
• Retirement Benefits w/Employer Match
• PTO & Extended Illness
• Medical, Dental, & Vision Insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree