Risk Manager (50% FTE)

Compass Surgical Partners

10d•Hybrid

About The Position

The Risk Manager plays a key role in protecting Compass Surgical Partners’ assets and ensuring the organization’s financial and operational stability. This position is responsible for designing, implementing, and managing enterprise insurance and risk-financing programs across all lines of business. You will serve as the primary liaison with brokers, carriers, and third-party administrators to ensure comprehensive coverage and cost-effective solutions. While not responsible for clinical or patient safety matters, this role is critical in mitigating exposure across property, operations, and corporate activities, supporting strategic decision-making, and maintaining compliance with regulatory, contractual, and joint venture obligations.

Requirements

Bachelor’s degree in Risk Management, Business Administration, Finance, or a related field
5+ years of progressive experience in commercial risk management or insurance program administration
Experience managing complex, multi-line insurance programs; healthcare or multi-site organization experience strongly preferred
Knowledge of commercial property and casualty coverages, underwriting, and policy language
Familiarity with healthcare-specific exposures and regulatory requirements, including ASC licensure and CMS conditions
Strong analytical, quantitative, and problem-solving skills; ability to interpret loss data and financial information
Excellent written and verbal communication skills; comfortable presenting to senior leadership
Highly organized, self-directed, and able to manage multiple priorities with minimal supervision

Nice To Haves

ARM or CPCU preferred
healthcare or multi-site organization experience strongly preferred

Responsibilities

Manage a full suite of commercial insurance lines, including general liability, property, workers’ compensation, D&O, EPLI, cyber liability, umbrella/excess, commercial auto, and fiduciary liability
Lead the annual insurance renewal process, including preparing and submitting applications, loss history, and supplemental underwriting information
Evaluate coverage terms, limits, retentions, and premiums; negotiate with brokers and carriers to optimize program value
Maintain the master certificate of insurance schedule and respond to requests from landlords, joint venture partners, health systems, and other stakeholders
Review and provide guidance on insurance-related provisions in contracts, leases, and vendor agreements
Conduct periodic risk assessments to identify emerging exposures across the ASC portfolio and corporate operations
Analyze claims data and loss history to identify trends, cost drivers, and opportunities for risk mitigation
Maintain and update the organization’s risk register and provide regular reporting to senior leadership on key risk indicators
Serve as the primary contact for all non-clinical claims, including property, auto, workers’ compensation, and general liability
Coordinate with third-party claims administrators, defense counsel, and carriers to ensure timely and appropriate resolution
Track open claims, monitor reserves, and report on status to leadership
Support litigation management in collaboration with legal counsel
Ensure insurance programs comply with applicable regulations, lender covenants, management agreements, and joint venture obligations
Prepare and present periodic risk management and insurance program reports to the CFO, executive team, and board/committees
Maintain organized records of all policies, binders, endorsements, and correspondence
Manage ongoing relationships with insurance brokers, specialty consultants, and other risk-related service providers
Conduct periodic broker performance reviews and lead competitive broker or market solicitations as needed
Stay informed of market trends, emerging products, and best practices in risk management for healthcare and ASC operations