Director Of Risk Management

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Director of Risk Management

Duties: Responsible for coordinating those systems necessary for identification, evaluation, monitoring, reduction and/or elimination of professional risk exposures. Work with the Chief Financial Officer to manage the financial status of the self-insurance funds. Chair and work closely with the Reserve and Authorization Committee to formulate strategies for managing claims reserves and minimizing legal exposures. Manage appropriate resolution of in-house claims by communicating with claimants or their legal counsel, including negotiating and settling claims as deemed appropriate and in a timely manner. Assist in processing summonses and claims. Participate in the management and support of professional liability litigation. Participate in depositions and trial appearances. Assess organizational risk exposures to ensure adequate insurance planning. Establish standards of coverage. Directly assist with the procurement of insurance. Provide direction in conjunction with the Risk and Legal team in responding to professional licensing board (DOPL) matters regarding Hospital employees. In coordination with the Quality/Patient Safety team conduct root cause analyses and evaluate occurrences and claims for patterns and trends that could result in compensatory or sentinel events. Oversee the reporting of all sentinel events to the Utah Department of Health. Collaborate with the Customer Service Department regarding complaints and grievances. Assist with tracking, trending and follow-up on and completing investigations and communicating with families regarding complaints and grievances. Guides multiple areas or departments in mission, vision, and values. Operationalize the strategy in alignment with the organization goals and strategy. Financial responsibility for the labor and operations of area. Manages the hiring, orienting and development of staff. Conducts employee evaluations, coaching, and disciplinary processes to align employee performance and behaviors. Clarifies and implements organizational policies and procedures. Develops department policies in alignment with organizational policies. Responsible for the training and education of staff, including annual compliance and licensing or certification. Accountable for the accurate reporting of time and attendance of direct reports. Networks and builds relationships with others in similar organizations. Ensure 24/7 Rick Management coverage.

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