About the Organization:
The Boston Consortium for Higher Education (TBC) is comprised of 23 institutions: Amherst College, Babson College, Bentley University, Berklee College of Music, Boston College, Boston University, Brandeis University, Brown University, Bryant University, College of the Holy Cross, Emerson College, Harvard University, Lasell University, Massachusetts Institute of Technology, Northeastern University, Olin College of Engineering, Rhode Island School of Design, Simmons University, Suffolk University, Tufts University, University of New England, Wellesley College, and Wheaton College.
The mission of TBC is to empower its member institutions to thrive in a dynamic and challenging environment. Through innovative programs, initiatives, and thought leadership, TBC enables members to improve their financial and operational performance and the quality of their offerings.
TBC strives to achieve its mission through shared services, with the Risk Management Group (RMG) being one of several shared programs utilized by TBC and non-TBC schools. TBC is seeking a Director for the Risk Management Group to lead and support its 13 current members in strengthening their strategic, enterprise-wide risk management capabilities.
Position Summary:
The Director, Risk Management Group (Director), provides strategic and operational leadership across risk management, enterprise risk management (ERM), and insurance programs for RMG member institutions. This includes overseeing the effective management of core insurance lines such as General Liability, Professional Liability, Property, Auto, Workers’ Compensation, Student Foreign Travel, and Cyber. Reporting to the Executive Director of TBC, the Director will work closely with key stakeholders, including Risk Managers, CFOs, and the RMG Broker, to align insurance, risk management, and ERM strategies with institutional objectives, ensuring long-term planning and operational effectiveness in managing institutional risk. In addition, the Director will collaborate with edRISK, a sponsored cell captive insurance company, managing the edLIABILITY and edPROPERTY cells to support their growth and operational effectiveness.
The Director will play a critical role in developing and implementing policies and procedures for risk management, strategic planning, and business continuity across member institutions. This includes fostering collaboration to promote proactive risk mitigation efforts and leveraging technology to enhance institutional resilience. The Director must effectively communicate complex risk management concepts to stakeholders, including senior management and boards of trustees, while ensuring compliance with relevant regulations such as Title IX and IT risks.