Manager, Insurance - Risk Management Jobs in Edison at Hackensack Meridian Health

Overview

Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Insurance Manager provides comprehensive insurance and self-insurance expertise and support to Hackensack Meridian Health, fostering strong relationships with team members across the network. Manage all aspects of insurance and risk financing products, including procurement and implementation within commercial and captive markets. Demonstrate strong analytical, organizational, written, verbal, and interpersonal skills, along with the ability to multi-task and effectively manage diverse responsibilities within the Enterprise Risk Management and Insurance Department.

Responsibilities

A day in the life of an Insurance Manager at Hackensack Meridian Health includes:

• Conducts due diligence and risk assessments for onboarding healthcare providers, collaborating with Physician Contracting, Human Resources, and Legal departments. Evaluates risk for participation in the organization's insurance program, including review of professional service agreements with external insurance coverage. Liaises with insurance brokers to secure updated certificates of insurance and confirm additions/deletions to the program.
• Manages insurance renewal processes, collaborating with internal teams to complete and submit all required renewal applications.
• Provides claims and litigation support by collaborating with the Third-Party Administrator (TPA) to confirm coverage for summons and complaints, Potential Compensable Event (PCEs), and notices of claims received on behalf of employed physicians, mid-level providers, and team members.
• Collaborates with the property insurer, FM Global, Realty, and Finance departments to ensure accurate property valuations and maintain updated statement of values (SOV).
• Manages automobile claims with the Third-Party Administrator (TPA), coordinates vehicle changes with the Fleet Manager, and collaborates with Human Resources to manage Motor Vehicle Reports (MVRs) for HMH drivers.
• Coordinates with Academic Affairs to obtain annual lists of incoming and outgoing residents, ensuring appropriate medical malpractice coverage is procured and maintained.
• Supports the Director of Insurance in the contract review process.
• Other duties and/or projects as assigned.
• Adheres to HMH Organizational competencies and standards of behavior.

Qualifications

Education, Knowledge, Skills and Abilities Required:

• Bachelor's Degree.
• A minimum of 2 years of experience in either insurance, risk management, underwriting, insurance brokerage organization
• Ability to multitask and prioritize tasks effectively
• Excellent written and verbal communication skills.
• Proficient computer skills that include but are not limited to Microsoft Office and/or Google Suite platforms.

Education, Knowledge, Skills and Abilities Preferred:

• Master's Degree
• Experience in leading insurance and risk finance programs for a large complex organization; healthcare organization a plus

Licenses and Certifications Required:

• Professional Designation (e.g. NJ P/C Brokers License)

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!   

Compensation
Starting at $131,144.00 Annually

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package.

The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to:

• Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness.
• Experience: Years of relevant work experience.
• Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training.
• Skills: Demonstrated proficiency in relevant skills and competencies.
• Geographic Location: Cost of living and market rates for the specific location.
• Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization.
• Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered.