Introduction Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic & social value. It's an exciting launch pad for anyone who wants to make a real impact in higher education. We provide everything you need to achieve your goals, including learning opportunities, outstanding benefits, rich rewards, wellness programs, & a genuine dedication to creating a diverse, multicultural & inclusive community. To view all open staff positions, click here . Overview The Director of Risk Management is responsible for the oversight of the College’s Insurance and Risk Management Program. Responsibilities Amends/develops and implements a comprehensive Risk Program for all College contracts and campus activities and events, including, but not limited to a vendor management program (partnered with Director, Enterprise Services & AP Operational Strategy) and contract risk ratings. Reviews and administers risk and insurances policies (including travel and ISOS, driver and vehicle use policy) and revise as needed; evaluates and determines the appropriate coverage and risk reduction strategies; and develops new campus wide policies (when needed) and forms for insurance and risk issues. Responsible for all insurance renewals, the coordination of Insurance RFPs, and the analysis and processing of claims including property, cyber, general liability, auto, crime, fiduciary, umbrella, layer excess and special coverage. Evaluates claims history (type, frequency, and severity) to determine how to reduce claims and how claims history might affect insurance premiums. Liaises with campus individuals on all day-to-day risk related concerns and questions; interacts with all levels of administration and employees, insurance companies, carriers, consultants, and attorneys to ensure proper risk management practices. Participates in the Safety Committee and works in collaboration with Public Safety and Facilities to reduce risks that lead to workers' compensation and other claims and responds to risk concerns highlighted in the Campus Safety Task Force. Partners with Human Resources to oversee the administration of the College’s workers' compensation policies; ensures policies and procedures are adhered to; and oversees the workers' compensation audits. Reviews and manages waivers for campus activities and programs. Partners with relevant departments (i.e., Legal, IT), ensuring appropriate contractual risk provisions are incorporated to align with the identified risk levels. Assumes additional responsibilities as required.
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