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Senior Principal Risk Management Officer

2 months ago

Irvine, California, United States Hoag Memorial Hospital Presbyterian Full time
Salary Range: $ $ /hour. Actual compensation may vary based on geographic location, work experience, skill level, and education.

Position Overview

Join a prominent healthcare institution where innovation harmonizes with care. At Hoag Memorial Hospital Presbyterian, we are committed to delivering outstanding service and nurturing a supportive atmosphere for our staff, physicians, and patients. Our collaborative environment and dedication to excellence have solidified our status as a cornerstone in the healthcare sector in Orange County.

Key Responsibilities
  • Formulating and executing risk management strategies, policies, and procedures that align with the organization's goals, regulatory standards, and industry best practices.
  • Guiding and mentoring a team of risk management experts, offering direction, coaching, and support to enhance performance and professional development.
  • Collaborating with senior executives, including the CEO and CFO, to establish risk management objectives, priorities, and financial plans.
  • Identifying, evaluating, and prioritizing risks across all organizational sectors, including operational, financial, regulatory, and reputational risks.
  • Creating and implementing risk mitigation strategies and controls to manage and minimize identified risks to acceptable levels.
  • Conducting risk assessments, audits, and evaluations to measure the effectiveness of risk management processes and controls.
  • Ensuring adherence to regulatory requirements, industry standards, and internal policies, while liaising with regulatory bodies as necessary.
  • Building and sustaining relationships with internal stakeholders, external partners, regulators, and industry organizations to remain informed about industry trends, best practices, and regulatory changes.
  • Providing education and training on risk management methodologies, conducting risk assessments, and monitoring trends to proactively identify potential risks and areas for improvement.
  • Working with external legal counsel on litigated matters, responding to discovery requests, and assisting in developing defense strategies.
  • Performing claims analysis, managing files, and collaborating closely with insurance providers.
  • Partnering with third-party administrators to ensure compliance with company guidelines and best practices in claims management.
  • Leading incident investigations and participating in root cause analyses to prevent recurrence.
  • Collaborating with clinical teams to enhance patient safety initiatives.
  • Participating in the management of insurance portfolios, including policy renewals.
  • Providing training and support to staff on risk management practices.
  • Safeguarding the rights of patients, providers, and the facility.
  • Demonstrating exemplary leadership qualities.
  • Encouraging process improvements.
  • Promoting initiatives to protect all assets of the hospital.
  • Exhibiting professionalism in communication, appearance, and conduct.
  • Supporting the hospital's mission and values.
Qualifications
  • A minimum of five years of clinical experience and at least seven years in risk management.
  • Proficient computer skills, including the ability to format and present information in both Excel and PowerPoint.
  • Capability to format and present legal and clinical information in both small and large group settings.
Preferred Certifications
  • Certified Professional Healthcare Risk Manager or obtained within two years of hire.
#LI-EM1

Hoag Memorial Hospital Presbyterian is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. We are committed to the principle of equal employment opportunity for all employees and providing a work environment free of discrimination and harassment. We hire a diverse group of individuals in a manner that allows them to reach their full potential in the pursuit of organizational objectives.