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Job ID: 180069

Risk Management and Insurance Director
Tufts University

Date Posted Feb. 28, 2022
Title Risk Management and Insurance Director
University Tufts University
Somerville, MA, United States
Department The Trustees of Tufts College
Application Deadline Open until filled
Position Start Date Available immediately
  • Classified Staff
  • Finance/Investment Management


The Finance Division is responsible for the treasury, purchasing, budgeting, accounting and risk management functions for the university.  The Finance Division and Risk Management & Insurance are responsible for the development and implementation of university policies, procedures and systems established to mitigate and transfer financial risk.

What You'll Do

The Risk Management and Insurance Director is responsible for the insurance needs of the university.  Works with offices across the university, external resources, the insurance captive to which the university belongs, to develop and manage the university’s insurance portfolio. Responsible for collaborating with and educating the community on risk identification and mitigation.

The Risk Management and Insurance Director:

  • Carries out the of purchasing of insurance and development of appropriate risk financing techniques, cost effective insurance policies, and insurance strategies.
  • Works with Human Resources, University Counsel and Environmental Health and Safety, and other community groups to identify risks and assist in the creation of plans for risk mitigation.
  • Provides support, education and training to faculty, students and staff to build risk awareness within the university, and provides consultative services on student and student organization activities.
  • Manages day-to-day claims administration such as filing workers compensation claims, filing property, auto and liability claims, following up with insurance companies, assisting faculty, staff and students with the process of filing claims, obtaining insurance certificates, assessing insurance language in our business contracts.
  • Manages the university's relationship with insurance brokers and insurance captives. Reviews and develops contracts, participation agreements, waivers and contract indemnification and insurance language.
  • Assists in developing appropriate university risk management policies.
  • Manages risk reporting to the Board of Trustees and senior management.

What We're Looking For

Basic Requirements:

  • Knowledge and skill as typically acquired through completion of a Bachelor’s degree with 5 -7 years of related experience.
  • Experience coordinating an extensive insurance program, acquiring insurance coverage, and handling insurance claims.
  • Workers compensation knowledge and experience.
  • Demonstrated vendor management skills.
  • Strong interpersonal and communication skills.     

Preferred Qualifications:

  • MA, MBA, MPA, J.D, or other relevant advanced degree from an accredited college/university.
  • Additional years of relevant risk management experience in higher education at a university (or system) with similar complexity.
  • Working knowledge of Commonwealth of Massachusetts liability and tort claims laws and processes.
  • Working knowledge of Massachusetts workers compensation processes.
  • 1 or more of the following professional certifications; ARM, CPCU, AU, AIC, CRM.

Special Work Schedule Requirements:

This job involves job responsibilities that are performed in a hybrid working environment.

An employee in this position must complete all appropriate background checks at the time of hire, promotion, or transfer.

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Contact Information

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