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Director Of Risk Control Jobs in Kentucky (NOW HIRING)

Quality/Risk Director Career Opportunity Highly regarded and valued for your Quality/Risk Director ... Control, and Patient Safety plans. Oversee risk management activities, including completion of ...

Director of Nursing (DON) Bowling Green Nursing & Rehabilitation Bowling Green, KY Are you an ... Monitor quality measures, infection prevention, risk management, and quality improvement ...

Director of Nursing (DON) Bowling Green Nursing & Rehabilitation Bowling Green, KY Are you an ... Monitor quality measures, infection prevention, risk management, and quality improvement ...

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Director Of Risk Control information

What are the key skills and qualifications needed to thrive as a Director Of Risk Control, and why are they important?

To thrive as a Director Of Risk Control, you need strong expertise in risk management, regulatory compliance, and business operations, often supported by a relevant degree and certifications such as CRM or CPCU. Familiarity with risk assessment software, data analysis tools, and enterprise risk management systems is typically required. Leadership, strategic thinking, and excellent communication skills set outstanding professionals apart in this role. These competencies are critical for effectively identifying, mitigating, and communicating risks to protect organizational assets and ensure regulatory compliance.

What does a director of risk control do?

A director of risk control oversees strategies to identify, assess, and mitigate risks that could impact an organization’s operations or financial stability. They develop safety protocols, implement loss prevention measures, and ensure compliance with regulations, often using data analysis and risk management tools. This role typically requires strong leadership, industry knowledge, and relevant certifications such as CRM or ARM.

What is the difference between Director Of Risk Control vs Risk Analyst?

AspectDirector Of Risk ControlRisk Analyst
CredentialsBachelor's degree, often advanced certifications (e.g., ARM, CPCU)Bachelor's degree, often certifications like CRM or FRM
Work EnvironmentStrategic planning, leadership, cross-department collaborationData analysis, risk assessment, report preparation
Employer & IndustryInsurance, finance, large corporationsInsurance, finance, consulting firms
Search & Comparison IntentUnderstanding leadership roles in risk managementAnalyzing risk data and assessments

The main difference is that the Director Of Risk Control oversees risk management strategies and leads teams, while a Risk Analyst focuses on analyzing data to identify and assess risks. The director has broader responsibilities and strategic oversight, whereas the analyst is more involved in data-driven risk evaluation.

What are the 3 C's of risk management?

The 3 C's of risk management are typically Control, Communication, and Cooperation. Control involves implementing measures to reduce or eliminate risks, Communication ensures all stakeholders are informed about risks and mitigation strategies, and Cooperation emphasizes collaboration among teams to effectively manage risks. As a Director of Risk Control, understanding these principles helps in developing comprehensive risk mitigation plans and fostering a proactive safety culture.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Vice President of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, strategic oversight, and often certifications like FRM or CRM, and they typically involve overseeing enterprise-wide risk strategies in large organizations.

How does a Director of Risk Control typically collaborate with other departments to implement effective risk management strategies?

A Director of Risk Control works closely with departments such as operations, legal, compliance, and finance to identify, assess, and mitigate risks across the organization. This role often involves leading cross-functional meetings, developing training programs, and ensuring that risk control policies are integrated into daily business processes. Effective collaboration requires strong communication skills, as the Director must translate complex risk concepts into actionable steps for various teams. Regular reporting and feedback loops help ensure that risk management strategies remain aligned with organizational goals and regulatory requirements.

How much does a risk director make in the US?

A Risk Director in the US typically earns between $120,000 and $180,000 annually, with salaries varying based on experience, industry, and location. Senior risk management roles may include bonuses and benefits, and strong analytical and leadership skills are often required.
What are popular job titles related to Director Of Risk Control jobs in Kentucky? For Director Of Risk Control jobs in Kentucky, the most frequently searched job titles are:
What cities in Kentucky are hiring for Director Of Risk Control jobs? Cities in Kentucky with the most Director Of Risk Control job openings:

System Director of Risk Management

Uoflhealth

Louisville, KY

Full-time

Posted 7 days ago


Job description

Primary Location: Med Plaza One - UMCAddress: 100 E Liberty St Louisville, KY 40202 Shift: Job Description Summary: About UofL Health:
UofL Health is a fully integrated regional academic health system with six hospitals, four medical centers, nearly 200 physician practice locations, more than 700 providers, the Frazier Rehab Institute and Brown Cancer Center.
With more than 12,000 team members-physicians, surgeons, nurses, pharmacists and other highly skilled health care professionals-UofL Health is focused on one mission: delivering patient-centered care to each and every patient each and every day.Job Description:

Position Summary and Purpose
The System Director, Risk Management is responsible for promoting an environment of risk awareness and risk reduction, supervision of risk directors and managers, management of liability claims, including consulting with experts, attorneys, excess insurance carrier, and claimants. Actively participates in alternative dispute resolution; Directs facility risk awareness and risk reduction program, including loss prevention and loss control measures, analysis of trending concerns, risk reduction education; Assists in purchase and reserve setting of all lines of insurance coverage for UofL Health; Assists in development and education of system safety and risk management policies and procedures; Participates in sentinel event root cause analysis process; Assists Chief Legal Officer in developing strategic initiatives for organizational growth.

Essential Functions:
Develops, implements and directs system-wide risk management program, including loss prevention and loss control measures; overseeing the investigation, documentation and assessment of all actual and potential liability risk exposures for the system
Reviews trends in occurrence reporting data and reporting; reports to hospital administration and legal counsel, as needed, regarding risk management program, trends, and current issues
Oversees development and education of system safety and risk management policies and procedures; develops, presents and evaluates educational programs relating to risk management theory, current issues, and incident prevention
Participates in investigations of sentinel events and the root cause analysis process
Coordinates and oversees the completion of interrogatories, document productions and other discovery requests for professional, general and employment practices liability claims
Oversees purchase and reserve setting of all lines of insurance coverage for the system
Works with insurance underwriters and brokers with placement, maintenance, and renewal of all lines of insurance coverage, except workers' compensation
Oversees the management of workers compensation program for the system and related employee claims

Other Functions:
Participates in various other special projects related to protecting the health system against liability claims
Serves as a resource to physicians, administrators, nursing personnel and other hospital departmental personnel
Participates in developing and interpreting appropriate risk management policies, procedures, and techniques
Assists the System VP Compliance & Audit with all federal, state and local health care regulations and standards compliance.
Develop and review risk policies.
Assist System VP, Quality and Patient Safety as needed in patient safety education and standards.
Serves on the Emergency Preparedness Committee and monitors activity of all safety subcommittees
Maintains compliance with all company policies, procedures and standards of conduct
Serves as a resource to physicians, administrators, nursing personnel and other hospital and personnel
Complies with HIPAA privacy and security requirements to maintain confidentiality at all times
Serves as a member of the system's professional malpractice carrier's Underwriting Committee
Serves as a member of the system's professional malpractice carrier's Claims Committee
Attend mediation and trials as necessary.
Performs other duties as assigned

Additional Job Description:

Job Requirements
(Education, Experience, Licensure and Certification)

Education:
Bachelor's degree (required)
J.D. or Master's degree or higher (preferred)
Experience:
Minimum of 10 years of risk management, claims management, litigation and insurance experience (required)
Licensure:
Kentucky RN license (required)
Kentucky bar admission (preferred)
Certification:
Associate in Risk Management (ARM) and Certified Healthcare Environmental Manager (HEM) (preferred)


Job Competency:
Knowledge, Skills, and Abilities critical to this role:

Exemplifies service excellence - responsive, informs constituents of process, pleasant to work with, educates and provides timely, accurate information
Displays strong organizational skills - manages time effectively, keeps tasks appropriately prioritized and delegates appropriately; works proactively- anticipates and plans for problems before they arise; is able to perform work in a neat, efficient, well-coordinated, well communicated manner with a high degree of accuracy and professionalism
Role models strong work ethic - motivated, diligent, industrious and persistent in the workplace, stays on tasks to completion, works at a fast pace to ensure optimal efficiency; remains flexible - ability to change directions, as needed, to ensure optimal outcomes
Displays strong interpersonal skills- can build effective, strong working relationships with employees, colleagues, management and vendors through trust, communication, and credibility; displays self-awareness and emotional intelligence, exercises sound judgement
Displays strong leadership skills - ability to work collaboratively with others, serve others, help others, lead others, mentor others, and take directions from others in the interest of moving process and programs forward to the desired outcome
Language Ability:
Must be able to communicate effectively in both verbal and written formats

Reasoning Ability:
Ability to break down problems or tasks; scanning one's own knowledge and experience to identify causes and consequences of events
Computer Skills:
Proficient in Microsoft Office Suite (Word, Excel, Outlook)


Additional Responsibilities:
Demonstrates a commitment to service, organization values and professionalism through appropriate conduct and demeanor at all times
Maintains confidentiality and protects sensitive data at all times
Adheres to organizational and department specific safety standards and guidelines
Works collaboratively and supports efforts of team members
Demonstrates exceptional customer service and interacts effectively with physicians, patients, residents, visitors, staff and the broader health care community

UofL Health Core Expectation:
At UofL Health, we expect all our employees to live the values of honesty, integrity and compassion and demonstrate these values in their interactions with others and as they deliver excellent patient care by:
Honoring and caring for the dignity of all persons in mind, body, and spirit
Ensuring the highest quality of care for those we serve
Working together as a team to achieve our goals
Improving continuously by listening, and asking for and responding to feedback
Seeking new and better ways to meet the needs of those we serve
Using our resources wisely
Understanding how each of our roles contributes to the success of UofL Health