Senior Risk Management Director (Located in RTP, NC or Silver Spring, MD - Relocation Available)

Who we are

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.

Who you are

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.

Responsibilities

• Responsible to ensure successful execution of the Department's strategic goals and objectives
• Administer all ERM Program activities
• Aid 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
• Conduct cost/benefit analysis of program alternatives as appropriate
• Evaluate adequacy of limits and appropriateness of retentions/deductibles
• Manage broker and insurer relationships
• Ensure 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

Requirements

• Minimum of 15+ years of risk management and/or commercial insurance experience with a Bachelor's Degree in business, finance, or risk management
• Minimum of 13+ years of risk management and/or commercial insurance experience with a Master's Degree in business, finance, or risk management
• Minimum of 10+ years of experience in biotech or pharmaceutical industry, including global clinical trial risk strategy
• Minimum of 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
• 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

Qualifications

• 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

Pay

The salary for this position ranges from $215K to 260K per year. In addition, this role is eligible for the Company’s short-term and long-term incentive programs.

Schedule

The job location is United Therapeutics requires this candidate to be on-site at either our Durham, North Carolina location or our Silver Spring, MD position a minimum of 3 days a week.

Benefits

United Therapeutics Corporation offers a 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.

About the Role

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.