Senior Risk Management Director

Senior Risk Management Director

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. United Therapeutics seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter's pulmonary arterial hypertension( PAH). Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (PF). The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create bio-artificial organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant. We believe an unlimited supply of tolerable, transplantable organs will eliminate the transplant waiting list and cure end-stage organ diseases for which transplant is not currently an option.

Are you a self starter with a kind heart who likes to lead with their sleeves up? 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. 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.

Responsibilities

Enterprise Risk Management:

• Responsible to ensure successful execution of the Department's strategic goals and objectives
• Administer all ERM Program activities
• Assist 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

Corporate Insurance:

• Lead and oversee the Property, Casualty and Management liability insurance programs
• Participate in negotiating insurance coverage and pricing, structure and limits for all property, casualty, management liability and other insurance policies and service agreements
• Conduct cost/benefit analysis of program alternatives as appropriate
• Evaluate adequacy of limits and appropriateness of retentions/deductibles
• Participate in managing broker and insurer relationships
• Responsible for risk management compliance with Clinical Trial Insurance SOP

Contract Review:

• 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

Organizational Resiliency:

• 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
• Other duties as may be assigned

Minimum Requirements

15+ years of risk management and/or commercial insurance experience with a Bachelor's Degree in business, finance, or risk management OR 13+ years of risk management and/or commercial insurance experience with a Master's Degree in business, finance, or risk management

10+ years of experience in biotech or pharmaceutical industry, including global clinical trial risk strategy

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

Ability to 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

Preferred 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

Job Location

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.

Salary

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.

Benefits

Eligible employees may participate in the Company's 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.

United Therapeutics Corporation is an Equal Opportunity Employer, including veterans and individuals with disabilities.