Director of Risk Management
1 month ago
About the Role:
We are seeking a highly skilled and experienced Director, Plan Sponsor Risk Management to join our team. As a key member of our Plan Sponsor Services team, you will be responsible for evolving and managing a risk model that balances Plan Sponsors' requirements and Manulife's risk tolerance and service model.
Key Responsibilities:
- Lead a team of Plan Sponsor Risk professionals in managing complex contracting processes with core strategic clients.
- Assess and recommend the appropriate scope, team structure, and funding model for Plan Sponsor Risk Management.
- Develop a strong pipeline of talent and foster an engaged team culture of high performers.
- Build and manage a customized commitment inventory and framework.
- Strategize, develop, and implement processes and procedures to support Plan Sponsors' complex contracting and third-party diligence/auditing requirements.
- Identify and lead key strategic projects, such as contract management tool assessments and implementations.
- Lead problem exploration and solution development in a matrix environment, balancing Plan Sponsors' needs and Manulife's risk tolerance.
- Work with subject matter experts to create consistent templated responses to emerging Plan Sponsor complex contract requests and questionnaires.
- Provide regular updates to the Group Benefits leadership team on emerging risks within the GB landscape and internal service delivery vs. client commitments.
- Support the management of Manulife's staff benefits plan, including improving the operational support model and overseeing the investigation and remediation of sponsor escalations.
What We're Looking For:
- Ability to collaborate, partner, initiate, and maintain cross-departmental and intra-divisional relationships.
- Leadership experience and the ability to develop and lead a high-performing risk team.
- IT knowledge to speak with technical resources and assess risk of IT commitments.
- Full understanding of Group Benefits products/financial arrangements, including underwriting practices, compliance, and vendor management.
- Previous experience in a risk-based role and experience in dealing with complex legal or contractual issues.
- Strong Customer Experience background, with the ability to speak with external parties, including Plan Sponsor representatives.
- Excellent negotiation and influencing skills at various levels of the organization.
- Relationship building in a matrix environment.
- Ability to handle complex issues with a proven ability to adapt to changes quickly and easily within the business and organization.
- Ability to balance competing demands with little management direction/support.
- Ability to manage high visibility and high-risk consequences.
What We Offer:
- A competitive salary and benefits package.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
Our Commitment to You:
- Values-first culture.
- We lead with our Values every day and bring them to life together.
- Boundless opportunity.
- We create opportunities to learn and grow at every stage of your career.
- Continuous innovation.
- We invite you to help redefine the future of financial services.
- Delivering the promise of Diversity, Equity, and Inclusion.
- We foster an inclusive workplace where everyone thrives.
- Championing Corporate Citizenship.
- We build a business that benefits all stakeholders and has a positive social and environmental impact.
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