Enterprise Risk Management Analyst
- Coverys
- Boston, MA, USA
Job Description
The Enterprise Risk Management Analyst will play a critical role in the governance of the Enterprise Risk Management (ERM) function. The ERM Analyst contributes to the design, implementation, and ongoing management of the Enterprise Risk programs which includes identifying, measuring, mitigating, monitoring, and reporting of risks. Programs include, but are not limited to, Risk and Control Assessments, Metrics Oversight, Issues Management, governance of ERM policies and materials, and Vendor Risk Management.
Essential Duties & Responsibilities
- Manage the Vendor Risk Management program by assisting business partners with the completion of risk-based vendor performance reviews to ensure timely governance and completion
- Assist in the preparation and maintenance of risk control matrices, control risk assessments, risk profiles, heat maps, control effectiveness reports and related ERM documentation
- Provide support on the monitoring of risks against established tolerance levels.
- Assist in coordinating the compilation, data aggregation, and updating of enterprise-level risk metrics, including aggregated global reporting
- Assist in the creation and routine reporting of metrics that measure key risk and performance areas
- Prepare documentation for, and facilitate, Horizon scanning working group meetings
- Assist in the preparation of key documents for the Enterprise Risk Management Committee
- Proactively monitor remediation progress of action items identified for timely resolution
- Continue the development of appropriate technical skills through internal and external resources to stay abreast of evolving risk themes pertaining to ERM related practices, issues and trends that may impact Coverys.
- Other duties as assigned.
Education, Requirements & Competencies
- Bachelor’s degree (BA) from four-year College or University in Risk Management, Business, Finance or related discipline required
- 2-4 years of relevant experience preferred
- Strong proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
- Strong attention to detail and excellent organizational skills
- Work in an agile way, be innovative and keep pace with a rapidly changing environment
- Ability to interact across all levels of the organization
- Working knowledge of enterprise risk and operational risk management frameworks, principles, and practices is a plus
Base salary range is $66,425 - $89,865. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.
If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!
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Coverys is a nationally recognized medical professional liability insurer and a leader in helping the medical community address the challenges of healthcare delivery in today’s rapidly changing landscape.
In a world of distractions, Coverys is committed to helping healthcare providers and administrators focus on what matters most—providing superior patient care and improving the health of their communities.
That’s why we deliver state-of-the-art solutions to help our clients and insureds succeed, including:
- A range of flexible coverage options—from traditional first dollar coverage to reinsurance and alternative risk solutions, such as: captives, risk retention groups, loss portfolio transfer, slip coverage, and more
- Best-in-class resources and education to help mitigate risk and improve patient care
- Advanced analytics that uncover the root causes of risk and are used to develop actionable insights to reduce risk
- Superior claims defense and support
- Unique support programs to assist healthcare providers who are experiencing a claim, adverse event, or burnout
