Senior Risk Management Director

United Therapeutics Corporation•Silver Spring, MD

8d•Onsite

About The Position

We are the first publicly-traded biotech or pharmaceutical company to take the form of a public benefit corporation. Our public benefit purpose is to provide a brighter future for patients through the development of novel pharmaceutical therapies; and technologies that expand the availability of transplantable organs. United Therapeutics (Nasdaq: UTHR) seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter’s pulmonary arterial hypertension( PAH). Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (PF). The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create bio-artificial organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant. We believe an unlimited supply of tolerable, transplantable organs will eliminate the transplant waiting list and cure end-stage organ diseases for which transplant is not currently an option. Are you a self starter with a kind heart who likes to lead with their sleeves up? This role is an incredible opportunity to come into an established team with a clear and defined career trajectory – the future head of risk management. We are looking for someone who wants to never be bored ever again and have their risk management lens in across all of UTs endeavors from tissue engineering and organ manufacturing to aviation and organ transportation. The Senior Risk Management Director leads the vision and strategic direction for the company's risk management function, ensuring it supports and advances organizational objectives. The role drives execution across enterprise risk management, corporate insurance, and organizational resiliency to reduce exposure, strengthen preparedness, and enables proactive risk-informed planning and decision-making.

Requirements

15+ years of risk management and/or commercial insurance experience with a Bachelor's Degree in business, finance, or risk management OR 13+ years of risk management and/or commercial insurance experience with a Master's Degree in business, finance, or risk management
10+ years of experience in biotech or pharmaceutical industry, including global clinical trial risk strategy
5+ years of experience as a functional leader and/or people manager
Ability to read, understand, explain, and negotiate insurance policy contract language
Subject Matter Expert in commercial insurance coverages, enterprise risk management, and organizational resilience
Excellent oral and written communication skills
Strong interpersonal skills
Demonstrates strong leadership skills with team, peers and business stakeholders
Excellent administrative and organizational skills
Proficient with Microsoft Office Suite
Ability to engage confidently across all levels of the organization, including executive leadership and that Board delivering risk insights with clarity, credibility and impact
Strategic mindset with the ability to execute effectively at both strategic and operational levels
Deep understanding of contractual risk, and indemnification provisions within the life sciences space
Proven ability to lead enterprise risk processes, manage complex insurance portfolios, and oversee cross-functional risk initiatives
Skilled in managing a team; including developing others, giving feedback, managing conflict, and fostering collaboration across disciplines

Nice To Haves

Master’s Degree
MBA, JD, or equivalent
Certified Risk Manager (CRM)
Chartered Property Casualty Underwriter (CPCU)
Certified Insurance Counselor (CIC)
Associate in Risk Management (ARM)
Safety, loss prevention, and claims experience

Responsibilities

Responsible to ensure successful execution of the Department's strategic goals and objectives
Administer all ERM Program activities
Assist corporate and business unit leaders in identifying exposures to loss and implementing appropriate risk management strategies to eliminate or reduce the impact of such loss
Oversee the development and maintenance of a Risk Management Program Manual
Lead and oversee the Property, Casualty and Management liability insurance programs
Participate in negotiating insurance coverage and pricing, structure and limits for all property, casualty, management liability and other insurance policies and service agreements
Conduct cost/benefit analysis of program alternatives as appropriate
Evaluate adequacy of limits and appropriateness of retentions/deductibles
Participate in managing broker and insurer relationships
Responsible for risk management compliance with Clinical Trial Insurance SOP
Review leases, business development opportunities, clinical trial agreements, contracts and other legal documents to evaluate appropriateness of wording and assure compliance with insurance and risk management policies
Oversee the business continuity management/planning across all business segments of the organization
Lead the Corporate Resiliency Program to ensure it addresses all critical business functions and provides assurance that they can resume normal business operations to within planned disruption specifications
Ensure that the management of the Organizational Resiliency Program includes regular testing of plans in accordance with the Organizational Resiliency Program Policy and framework
Assist business units with review and inspection of facilities with a focus on loss reduction
Review and provide recommendations on insurer issued loss prevention reports
Provide ongoing risk management and insurance subject matter expertise, resources, guidance and collaboration to all Unitherians
Other duties as may be assigned

Benefits

Eligible employees may participate in the Company’s comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more.
For additional information on Company benefits, please visit https://www.unither.com/careers/benefits-and-amenities

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