Position Purpose: The University Risk Manager supports learning by overseeing the university's insurance and risk management programs to include the processing of premium payments; issuance of certificates of insurance coverage, serving as liaison between the university, broker, and insurance carriers in an effort to facilitate claim investigation and resolution. The University Risk Manager will assist in the development of policies for risk management and loss control; serve on project teams as an insurance expert; and coordinate carrier site visits and inspections. Further, the University Risk Manager will assist the Office of the VP for Finance with contract management to review contract terms and conditions, negotiate favorable language, and manage record-keeping for all contract-related correspondence and documentation.
Represents Aurora University in the most positive manner with prospective, former and current students, clients, suppliers and the community we serve. Interacts effectively with a diverse group of faculty, staff, students and other customers of our service, learns and uses operating practices of the department and Aurora University.
Upholds the Mission Statement: Aurora University an inclusive community dedicated to the transformative power of learning.
Handle confidential information with tact and discretion.
Supports learning through performance of essential job functions and performing other duties and functions as necessary or as assigned.
Essential Job Functions:
Ensure the completeness and accuracy of university contract and insurance records and maintain a climate of confidentiality.
Ensure the university is protected against possible claims through evaluation of insurance coverages including review of policy forms.
Manage the university's portfolio of insurance policies to include responding to all administrative notices regarding insurance policies and claims.
Research, compile and analyze data for completion of insurance renewal applications.
Works collaboratively with campus community to reduce the university's vulnerability to adverse events through proactive risk reduction and loss prevention actions. Provides consultation to university departments on contractual insurance requirements.
Reviews contract documents and clinical/internship affiliation agreements to ensure proper insurance provisions as well as optimization of contractual risk transfer. Negotiate such insurance and indemnification terms as necessary.
Draft assumption of risk, release and waivers of liability for various student events and activities.
In the event of litigation, support the VP for Finance and other university departments in responding to subpoenas, discovery requests, and other demands for information.
Establish and maintain effective working relationships with university administrators, staff, and faculty to support student and employee success.
Provide general risk management advice and assist with other projects as assigned.
Essential Job Requirements:
Bachelor's degree in Risk Management, Finance or other related field. Master's strongly preferred.
6+ years of experience in risk management and liability insurance.
Experience working with a variety of insurance products applicable to a university setting.
Extensive knowledge about insurance contract language and risk transfer.
Knowledge of insurance claim reporting, claim file documentation, and record retention.
Ability to read and comprehend complex contract and policy language, independently assess specific terms and conditions in the context of the entire agreement, and determine elements that are missing or insufficient to protect the university's interests.
Excellent written and verbal communication and negotiation skills.
Strong analytical, organizational, time management and problem solving skills.
Highly organized, detail-oriented, and accurate.
Able to handle multiple priorities and effectively meet deadlines as required.
Ability to interact verbally in person, over telephone and via written and electronic media
Ability to move about campus and other locations.
Ability to sit or stand for prolonged periods of time.
Aurora University is an Equal Opportunity Employer and is committed to becoming a model university of the 21st century. Toward this effort we are determined to have a faculty, staff, and student body reflecting the cultural demographics of the greater Chicago area.
Aurora University (AU) is an inclusive community dedicated to the transformative power of learning. It is committed to helping students discover what matters and build their life around it.
AU is a private, nonprofit, independent university accredited by the Higher Learning Commission. It offers more than 45 undergraduate majors — such as nursing, social work, business administration, criminal justice and psychology — and a wide variety of master’s and doctoral degrees that include social work and business administration. Degree programs are grounded in real-world experiences and are led by experienced, dedicated faculty members, nearly 140 of whom are full-time. The student/faculty ratio is 18:1.
Almost 6,000 undergraduate and graduate students take classes on two main campuses — Aurora University in Aurora, Illinois, and George Williams College in Williams Bay, Wisconsin — as well as the nearby Orchard Center in Aurora and the Woodstock Center in Woodstock, Illinois. Online classes are also available. The Aurora University campus is located 40 miles west of Chicago.
AU has 24 NCAA Division III teams competing in the Northern Athletics Collegiate Conference, Midwest Lacro...sse Conference, Midwest Women's Lacrosse Conference and Northern Collegiate Hockey Association. About 700 student-athletes compete in sports. AU has a rich history and tradition of success across the spectrum of sport offerings. From conference championships to NCAA Championship appearances to academic awards and community service, student-athletes and staff continue to bring excitement and a sense of pride to Aurora University and all of the Spartan fans across the country. At AU, we firmly believe that intercollegiate athletics should promote the character development of participants, enhance the integrity of higher education, and promote civility in society. Toward these ends, we strive to adhere to fundamental values such as respect, civility, honesty and responsibility. Student-athletes and staff are always expected to operate with the principles of sportsmanship and ethical conduct in mind.
Founded in 1893 in Mendota, Illinois, as Mendota Seminary, the institution soon changed its name to Mendota College. By 1911, it had outgrown its facilities and the following year changed its name to Aurora College and moved to Aurora, where its students could take advantage of a thriving business environment and easy access to Chicago. In 1985, Aurora College changed its name to Aurora University to better reflect the magnitude of its academic offerings. Seven years later, Aurora University and George Williams College traditions blended when the two institutions entered into an affiliation agreement that paved the way for a merger eight years later. In 2010, the Woodstock Center opened to meet the needs of students in McHenry County and surrounding communities.