Procurement & Risk Manager

Procurement & Risk Manager

The Procurement & Risk Manager is responsible for managing the College's property and casualty insurance programs to protect Bowdoin from operating and financial risks, and for providing strategic direction and implementing programs and processes related to College-wide procurement of goods and services. This role serves as a key advisor to the Senior Vice President for Finance and Administration, partnering across the institution to strengthen risk controls, improve purchasing practices, and support efficient, compliant operations. The position coordinates with internal stakeholders and external partnersincluding brokers, insurers, vendors, and counselto deliver measurable value, manage exposure, and enhance service levels.

Essential Functions:

• Oversee the annual applications for insurance and renewal applications, conduct analysis to identify major causes and sources of risk losses and develop recommendations for strategic actions.
• Provide assistance and support to Student Affairs regarding the procurement of student health insurance, sports/clubs/intermural insurance, and student health claims administration.
• Establish bidding processes for potential vendors and negotiate prices and discounts, maintain relationships with vendors, provide estimates, and evaluate vendor credit history to ensure financial viability.
• Oversee the coordination of providing information to claimants, College representatives, adjusters, attorneys and insurance companies.
• Coordinate and conduct campus-wide risk management training sessions, guidelines, and procedures for all employees.
• Collaborate with General Counsel to ensure that all legal contract requirements are met.

The hiring range for this position is expected to be: $124,000 $140,000 annually.

Benefits and Perks: A variety of health insurance plans (Medical, Vision, Dental), Generous Retirement Plan 401(a) and 403(b), Life and Disability Insurance, Paid Time Off: 20 days of vacation per calendar year, 12 days of personal/sick time, Paid Holidays and Special Days Off, Paid Parental Leave (Available after one year of service), Household access to many of the College's facilities including the gym and pool, Free fitness and wellness classes! And more.

Education/Skills Requirements - Bachelor's degree in Business Administration, Risk Management, or related field required. Insurance certification preferred. Must have the ability to: Analyze claims and exposure data to identify loss drivers, assess risk trends, and develop practical risk mitigation recommendations. Create and manage insurance budgets and producing cost-of-risk reporting (premiums, retained losses, outside services, and related expenses). Interpret technical documents or regulations and then determine applicability and steps associated with achieving compliance. Negotiate pricing, discounts, and contract terms with suppliers and service providers, while balancing service, value, and risk controls. Provide insight, guidance, advice, and leadership necessary to ensure safety of the campus and its students, faculty, and staff. Work independently and be self-motivated.

Experience Requirements and/or Equivalents - 5 to 7 years experience directly related to the duties and responsibilities of the position; 7+ years preferred. Experience working in an education setting also preferred. Knowledge of claims administration and coordination practices, including effective communication with claimants, adjusters, insurers, attorneys, and internal stakeholders. Skilled in vendor due diligence, including assessing vendor financial stability/credit risk and documenting risk-based recommendations. Applicants must meet the minimum qualifications in this posting to be considered for hire.

Standard Work Days and Hours - Standard administrative hours are 8:30am 5:00pm. This is a full-time position working 40 hours/52 weeks, (1.00FTE). Exempt positions require the time commitment necessary to complete the essential duties of the position. We regret that Bowdoin College is unable to provide visa sponsorship for staff positions. Employment at Bowdoin College is contingent upon satisfactory completion of applicable background checks including but not limited to: criminal records, educational verifications, driving records (when job-related), and/or credit history (when job related).

About Bowdoin - Bowdoin embraces diversity in all forms, and the College is home to talented students, faculty and staffwith a variety of racial, ethnic, cultural, and socioeconomic backgrounds; religious beliefs; and gender identities, among other factors. We encourage applications from candidates committed to the support of an inclusive campus community and those who will enrich and contribute to the College's multifaceted diversity. Founded in 1794, Bowdoin has maintained its commitment to the liberal arts for well over 200 years. Bowdoin's reputation as a preeminent liberal arts college rests on the excellence of its faculty, students, and staff; intimate size; strong sense of community; and connections to the people, history, and natural beauty of Maine. Bowdoin's campus is situated in a beautiful natural setting. Located in Brunswick, Maine, a town of approximately 20,000, the College is a short drive from the Maine coast, twenty-five miles from Portland and 120 miles from Boston.