VP of Risk Management - Austin, United States - Curative HR LLC

Description

ABOUT THE JOB
Curative is reimagining health care and health insurance - with straightforward pricing and $0
out of pocket costs with a baseline visit.

Help us create a better healthcare experience for our members by making it easy & intuitive for them to access the care they need.

We are seeking a VP of risk management to support Curative's risk department, including,
pricing and underwriting, reinsurance and business insurance coverage, and organizational risk management. This role will be a key contributor as Curative expands and grows.

This role is located in Austin, TX.

As the Vice President (VP) of Risk Management at Curative, you will play a leadership role of operating at the forefront of overseeing and implementing risk management strategies and practices to identify, assess, and mitigate risks effectively to make risk-effective decisions that create and sustain value.

You will be a key mentor in driving risk management excellence as well as underwriting and pricing strategies and management of relationships with our business insurance brokers and the rating agencies.

Join us in shaping a secure and successful future for Curative.


PRIMARY RESPONSIBILITIES

• Oversee the actuarial team responsible for building of models for pricing new policies

and data analysis of key indicators and analysis of a group's experience, industry,
location, and demographics.

• Oversee the underwriting team and process for developing new business proposals,

reasonability and accuracy.

• Oversees commercial business insurance team including self insured plans.
• Track and recommend effective pricing, stop loss and reinsurance strategies by market

and product for leadership. Oversee development and filing of necessary agreements with
the Departments of Insurance

• Utilize statistical and analytical techniques to analyze the data and identify trends and

patterns.

• Lead the Risk Management Committee.
• Build a roadmap and maintain Risk and Control Self-Assessment (RCSA) evaluations for

all significant processes to identify, measure, and manage risk issues, including inherent
and residual risk rankings.

• Coordinates the development and updating of all procedures and department process

flows and makes policy recommendations.

• Ensure controls identified within the RCSAs are tested as required by the operational risk

program and ensure control failures are remediated promptly and are properly reflected in
the RCSAs.

• Coordinate / lead initiatives to ensure that the internal risk mitigation controls are

designed properly and are operating effectively and efficiently.

• Ensure that the appropriate level of risks and controls are documented in the system of

record.

• Manage the development and remediation of External and Management Self-Identified

Issues in collaboration with SMEs, guide the business units on recommendations for
remediation of control gaps, and validate the effectiveness and sustainability for a
minimum of two quarters.

• Develop an effective quality assurance testing program and reporting of Key Risk

Indicators (KRIs).

• Identify risk trends and symptoms of process control breakdowns.
• Develop a risk dashboard for the Company, timely reporting of significant and emerging

risks, remediation efforts, and consolidated KRI reporting.

• Keep the Executive Management apprised of changes in inherent risk or control

breakdowns/deficiencies that could impact residual risk.

• Alternative to above [Use insight gained from data analysis to identify potential areas of

risk exposure within the organization. This could include financial risks, operational
risks, compliance risks, cybersecurity risks, and strategic risks.

• Prepare regular reports summarizing the status of risk management initiatives, including

key findings, trends, emerging risks, and recommendations for mitigation strategies.

• Present the reports to executive leadership in a clear, concise, and engaging manner.

Highlight the most critical insights and implications for the organization, and be
prepared to answer any questions or concerns raised by the leadership team.]

• Provide coaching developments and training to ensure staff has the necessary skills and

tools to be successful.

• Perform all management activities including performance management, staff

development, and training.

• Performs other duties as assigned

QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or
ability required. Reasonable accommodations may be made to enable individuals with

disabilities to perform essential functions:

Highly Developed Communication Skills:
Ability to effectively communicate complex
risk management concepts to diverse stakeholders and foster clear understanding across
the organization.

Team Player:
Collaborative mindset, capable of working seamlessly with cross functional
teams to implement risk management strategies and drive collective success.

Change Agent:
Proven ability to initiate and lead change initiatives, fostering a culture of
adaptability and continuous improvement within the organization.

Strategic and Creative Thinker:
Capacity to think strategically and creatively to anticipate
and address emerging risks, as well as identify innovative solutions to complex
challenges.

Excellent Project Management Skills:
Proficiency in project management methodologies
to effectively plan, execute, and monitor risk management initiatives,ensuring timely
delivery of results.

Ability to Drive Performance:
Skill in motivating and inspiring teams to achieve high
performance standards, fostering a culture of accountability and excellence throughout
the company.


EDUCATION and/or EXPERIENCE

• Bachelor's degree in business, finance, economics, mathematics, statistics, economics,

actuarial science, business, computer science or related degree

• Experience with excel/google sheets
• Experience in insurance industry, data analysis or data management a plus
• Knowledge of SQL queries a plus