Director of Insurance

Responsibilities

• Director of Insurance
• Direct the strategic placement and oversight of the hospital's insurance portfolio, including property, cyber, management liability, auto, rolling owner-controlled insurance programs, and other specialty coverages. Establish and direct program design, including limits, retention levels, and coverage structures, ensuring alignment with the organization's risk profile, operational scale, and long-term strategic objectives
• Serve as the Hospital's lead strategic advisor for insurance and risk financing, directing executive-level relationships with brokers (Alliant and Marsh) carriers, captive partners, consultants, and other key partners to optimize insurance program performance and market positioning. Oversee market intelligence, benchmarking, and competitive analysis to inform enterprise insurance strategy, enhance renewal outcomes, and drive continuous improvement in coverage effectiveness and cost efficiency
• Provide strategic oversight of the insurance renewal and underwriting process, directing end-to-end execution of submissions and ensuring alignment with organizational priorities. Establish underwriting strategy, guide submission development, and exercise independent judgement in evaluating coverage structures, market positioning, and renewal recommendations
• Lead allocation methodology across the enterprise, directing distribution of premiums and risk financing costs among hospital entities. Evaluate organizational changes, new ventures, and emerging risks to ensure equitable and strategic allocation, partnering with brokers to design and implement allocation frameworks for new and evolving entities
• Lead the development and oversight of the annual insurance budget, aligning financial planning with enterprise risk financing strategy and organizational priorities
• Provide strategic guidance on vendor contracts, advising on appropriate insurance coverages, limits, and structures based on scope of work and risk exposure
• Direct the review of lease-related insurance provisions, ensuring HSS can comply with proposals
• Support and help drive MIAC renewals as directed by Chief Risk Officer
• Collaborate with the Chief Risk Officer to develop and refine MIAC board presentations
• Oversee governance of certificates of insurance issuance, ensuring timely and accurate delivery to landlords and adherence to compliance standards
• Obtain landlord approvals for special events put on by the Hospital (e.g., Food Truck Employee Appreciation events, Bike HSS, etc.)
• Serve as a strategic advisor to internal stakeholders on insurance matters, including questions relating to insurance policies (e.g., benchmarking, general policy q

Benefits

Additional Information

How you move is why we're here. ® Now more than ever. Get back to what you need and love to do. The possibilities are endless... Now more than ever, our guiding principles are helping us in our search for exceptional talent - candidates who align with our unique workplace culture and who want to maximize the abundant opportunities for growth and success. If this describes you then let's talk! HSS is consistently among the top-ranked hospitals for orthopedics and rheumatology by U.S. News & World Report. As a recipient of the Magnet Award for Nursing Excellence, HSS was the first hospital in New York City to receive the distinguished designation. Whether you are early in your career or an expert in your field, you will find HSS an innovative, supportive and inclusive environment. Working with colleagues who love what they do and are deeply committed to our Mission, you too can be part of our transformation across the enterprise. Emp Status Regular Full time Work Shift Compensation Range The base pay scale for this position is $112,000.00 - $170,875.00. In addition, this position will be eligible for additional benefits consistent with the role. The salary of the finalist selected for this role will be determined based on various factors, including but not limited to: scope of role, level of experience, education, accomplishments, internal equity, budget, and subject to Fair Market Value evaluation. The hiring range listed is a good faith determination of potential compensation at the time of this job advertisement and may be modified in the future.

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