Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims. * Claims Review and Analysis: * Evaluate clinical aspects of ...
Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims. * Claims Review and Analysis: * Evaluate clinical aspects of ...
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Develop and implement risk reduction strategies and corrective action plans. * Conduct audits and compliance reviews to ensure adherence to policies, procedures, and regulatory requirements. * Serve ...
Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager The Cyber Third Party Risk Reduction (CTPRR) program defines the framework for the management of information security risks ...
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Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager The Cyber Third Party Risk Reduction (CTPRR) program defines the framework for the management of information security risks ...
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Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager
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Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager The Cyber Third Party Risk Reduction (CTPRR) program defines the framework for the management of information security risks ...
Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager
Mclean, VA · On-site
$200 - $250/hr
Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager The Cyber Third Party Risk Reduction (CTPRR) program defines the framework for the management of information security risks ...
Cyber Third Party Risk Reduction (CTPRR) Senior Manager, Operations Manager The Cyber Third Party Risk Reduction (CTPRR) program defines the framework for the management of information security risks ...
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Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims. * Claims Review and Analysis: * Evaluate clinical aspects of ...
Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims. * Claims Review and Analysis: * Evaluate clinical aspects of ...
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Clinical Risk Management Manager
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Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims. * Claims Review and Analysis: * Evaluate clinical aspects of ...
Clinical Risk Management Manager
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New York, NY · On-site
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Manage risk reduction tracker and maintain basic project management documentation tracking project tasks, status, ownership, issue closure, and timelines. * Support monthly Risk Reduction Governance ...
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Quick apply
Senior Risk Management Specialist
Austin, TX · On-site
$97K/yr
Prepare reports, define metrics, and communicate risk reduction strategies to assess and improve program effectiveness. Minimum Candidate Characteristics: * 6+ years of experience designing and ...
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Risk Reduction information
See salary details
$51.5K - $62.3K
4% of jobs
$62.3K - $73K
6% of jobs
$73K - $83.8K
11% of jobs
$87.9K is the 25th percentile. Wages below this are outliers.
$83.8K - $94.6K
11% of jobs
The median wage is $103.2K / yr.
$94.6K - $105.4K
23% of jobs
$105.4K - $116.1K
13% of jobs
$123.2K is the 75th percentile. Wages above this are outliers.
$116.1K - $126.9K
12% of jobs
$126.9K - $137.7K
8% of jobs
$137.7K - $148.5K
6% of jobs
$148.5K - $159.2K
4% of jobs
$159.2K - $170K
2% of jobs
$51.5K
$111.6K
$170K
How much do risk reduction jobs pay per year?
What is a risk reduction?
A Risk Reduction job focuses on identifying, assessing, and mitigating potential risks to minimize their impact on an organization. Professionals in this field develop strategies to prevent financial, operational, or safety-related losses. They analyze data, implement preventive measures, and ensure compliance with industry regulations. Risk reduction roles are common in industries like finance, healthcare, cybersecurity, and emergency management. Effective risk reduction enhances business continuity and safeguards assets.
What does a risk reduction professional do?
A Risk Reduction professional's daily tasks often include assessing operational processes for potential risks, reviewing compliance with industry regulations, and developing strategies to minimize hazards. They routinely collaborate with other departments to conduct training, implement preventive measures, and monitor ongoing effectiveness of risk control programs. Regular reporting, incident investigations, and updating safety or compliance documentation are also key aspects of the role. This work environment is dynamic and involves regular communication with leadership and staff to maintain a culture focused on safety and continuous improvement.
What are the key skills and qualifications needed to thrive in the risk reduction position?
To thrive in Risk Reduction, a strong background in risk assessment, data analysis, and regulatory compliance is typically required, often backed by a degree in business, finance, safety management, or a related field. Familiarity with risk management software, compliance tracking tools, and certifications such as CRM (Certified Risk Manager) or CSP (Certified Safety Professional) is highly valued. Exceptional communication, problem-solving, and attention to detail are vital soft skills that set candidates apart. These skills are crucial for identifying potential threats, implementing effective mitigation strategies, and ensuring organizational resilience.
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Clinical Risk Management Manager
Edison, NJ • On-site
Full-time
Posted 21 days ago
Foundation Risk Partners rating
8.5
Based on 7 frontline employees who took The Breakroom Quiz
111th of 315 rated insurance
Job description
Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding a Clinical Risk Management Consultant to their Cornell Insurance Services team in the Edison, NJ office.
Job Summary:
The Clinical Risk Management Consultant is focused on identifying, assessing, and mitigating clinical risks for healthcare providers within an insurance brokerage firm, utilizing their medical expertise to analyze potential claims, advise clients on risk reduction strategies, and work with underwriters to secure appropriate coverage based on clinical risk factors.
Essential Functions:
- Clinical Risk Assessment:
- Review medical records, incident reports, and claims data to identify potential clinical risks associated with patient care, including medication errors, standard of care compliance risks, and diagnostic errors.
- Detect and manage risk exposure
- Maintain and update an organization's policies
- Improve documentation practices
- Seek ways to reduce the legal exposure of the organization
- Create and maintain risk audit databases
- Identify for clients' ways to take the steps needed to prevent data breaches
- Investigate any events that result in death or injuries
- Trend Analysis:
- Analyze clinical data to identify trends and patterns of risk within a healthcare provider's practice, allowing for proactive risk mitigation strategies.
- Risk Mitigation Consulting:
- Advise clients on clinical best practices, quality improvement initiatives, and risk reduction strategies to minimize potential claims.
- Claims Review and Analysis:
- Evaluate clinical aspects of claims, including medical necessity and appropriateness of treatment, to identify areas for improvement and potential cost savings.
- Underwriting Support:
- Collaborate with underwriters to assess clinical risk profiles of healthcare providers, informing coverage recommendations and premium calculations.
- Education and Training:
- Develop and deliver clinical risk management training programs for healthcare providers, including staff on topics like informed consent, documentation best practices, and patient safety.
- Regulatory Compliance:
- Stay updated on relevant healthcare regulations and industry standards to ensure clients are adhering to appropriate clinical risk management practices.
Competencies & Qualifications:
- Clinical Background:
- Registered Nurse (RN), Physician Assistant (PA), or other relevant healthcare professional license with significant clinical experience.
- Risk Management Knowledge:
- Understanding of risk management principles, including risk identification, assessment, mitigation, and transfer.
- Analytical Skills:
- Ability to analyze complex medical data and identify potential risk factors.
- Communication Skills:
- Effective communication skills to interact with healthcare providers, underwriters, and clients, explaining complex clinical issues in a clear and concise manner.
- Problem-Solving Skills:
- Ability to identify root causes of clinical incidents and develop practical solutions to mitigate risk.
Note: The specific responsibilities of an insurance broker clinical risk management role may vary depending on the size and focus of the brokerage firm, as well as the healthcare provider clientele they serve.
Education & Experience:
- Bachelor's degree in Nursing, or other health related science
- Master's preferred
- 3-5 years Risk Management experience preferred
- Skilled Nursing Facility experience preferred in the geriatric field
- RN, NP or P.A. or allied health professional licensure
- CPHRM preferred
What Foundation Risk Partners employees say
Pay
Benefits
Hours and flexibility
Workplace
Get the full story on Breakroom
About Foundation Risk Partners
Sourced by ZipRecruiter
Industry
Insurance services
Company size
501 - 1,000 Employees
Headquarters location
Daytona Beach, FL, US
Year founded
2017