Insurance & Financial Risk Manager
Listed on 2026-01-13
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Finance & Banking
Risk Manager/Analyst, CFO -
Insurance
Risk Manager/Analyst
Who We Are / What We Do
The University’s Finance Division is committed to being a best‑in‑class partner, delivering impactful, innovative, and forward‑thinking financial solutions that inform strategic decisions and empower Notre Dame to be a force for good in the world. As today’s financial stewards for tomorrow’s leaders, our daily work comes with a higher purpose.
Job DescriptionSpecifically, the Office of Treasury Services collaborates with stakeholders across the University and beyond to transform ideas into reality, execute strategies, and support operational excellence. In addition to Insurance & Financial Risk, the Office of Treasury Services includes the areas of Cash Management, Capital Planning, Debt and Real Estate. The overarching goal of Treasury Services is to maximize economic value, contributing to making a Notre Dame education affordable for current and future generations.
The RoleOur team is seeking an experienced and dynamic Insurance & Financial Risk Manager to provide strategic leadership and expertise in managing the University’s core functions of insurance and mitigation of financial risk associated with loss events. This pivotal role involves the identification, evaluation, analysis, and appropriate retention/transfer of financial risk, serving as a primary resource for all University constituents.
Key Responsibilities- Insurance Leadership and Program Management:
Provide primary strategic management over the insurance function, developing financial risk transfer strategies, policies, and protocols that align with the University’s operational, financial, and risk mitigation goals. - Insurance Portfolio Management:
Lead the comprehensive management of the University’s insurance portfolio. This includes evaluating whether financial risks are best managed through external transfer or internal mitigation strategies. When external transfer is warranted, propose and implement appropriate insurance structures, including coverage limits and retentions. Lead the review, negotiation, and procurement of individual insurance policies, including property, casualty, athletics, and international travel among others.
Continuously assess the portfolio to identify coverage gaps, enhance contract language, and negotiate favorable terms, ensuring optimal financial risk protection, compliance, and stewardship. - Risk Identification & Analysis:
Identify current and emerging operational and enterprise level risks for the University, evaluating emerging trends and their potential impact, and advising campus and senior leadership on proposed financial risk mitigation strategies. - Execute Alternative Risk Strategies:
Explore and implement alternative risk strategies as appropriate to mitigate or transfer financial risk. This role provides strategic direction and has operational responsibility over implementation and expansion of the University’s Self‑Insurance Programs. - Contractual Risk Transfer:
Serve as the primary subject‑matter expert in reviewing and negotiating insurance‑related contract language, determining appropriate external insurance requirements for University contractors and service providers, and supporting and advising the Office of General Counsel and other campus constituents in the review of indemnification and insurance related provisions. - Claims Administration:
Administer the property and casualty claim process, including preliminary incident investigations, validating claims, evaluating liability exposures, determining applicable coverage, and actively pursuing subrogation of claims against third parties, including the negotiation of settlements. Note that this position is not responsible for Workers Compensation or Athletics Injury claims management. - Team building:
Lead and convene teams across campus, serving as an expert in the areas of insurance and financial risk. Provide problem‑solving recommendations and solutions that may cross many departments and functions throughout campus. - Relationship Management:
Foster and maintain strong positive relationships with multiple insurance brokers, insurance companies, third‑party administrators, and internal stakeholders and senior leaders…
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