Associate Vice President - Risk Management

California, US residentsclick here.

The job details are as follows:

Who We Are

We are the first publicly-traded biotech or pharmaceutical company to take the form of a public benefit corporation. Our public benefit purpose is to provide a brighter future for patients through the development of novel pharmaceutical therapies; and technologies that expand the availability of transplantable organs.

United Therapeutics (Nasdaq: UTHR) seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter’s pulmonary arterial hypertension (PAH). Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (PF).

The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create manufactured organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant. We believe an unlimited supply of tolerable, transplantable organs will eliminate the transplant waiting list and cure end-stage organ diseases for which transplant is not currently an option.

Who You Are

Are you a self starter with a kind heart who likes to lead with their sleeves up? This role is an incredible opportunity to come into an established team with a clear and defined career trajectory – the future head of risk management. We are looking for someone who wants to never be bored ever again and have their risk management lens in across all of UTs endeavors from tissue engineering and organ manufacturing to aviation and organ transportation. The AVP leads the vision and strategic direction for the company's risk management function, ensuring it supports and advances organizational objectives. The role drives execution across enterprise risk management, corporate insurance, and organizational resiliency to reduce exposure, strengthen preparedness, and enables proactive risk-informed planning and decision-making. Sound like you?

The Associate Vice President, Risk Management (RM), establishes, operationalizes, and manages UT's corporate level risk, insurance and business continuity programs, including Enterprise Risk Management (ERM), Organizational Resiliency (OR), and risk transfer insurance programs.

• Manage a corporate-wide insurance program (currently >100 individual insurance policies) to protect our business against operational risks such as theft, financial losses, employees’ health and accidents, among other insurable risks. This responsibility includes managing all broker and insurer relationships
• Operationalize and manage UT’s Enterprise Risk Management (ERM) program to identify business and operational risks and then analyze, classify, and assisting the business functional leaders to manage risks and exposures that would prevent UT from reaching it’s strategic objectives
• Manage and coordinate UT’s Organizational Resiliency (OR) program, and including business continuity plans to help business functions (critical and/or otherwise) continue operations during disruptive events
• Provide consultation as well as technical insurance & risk advice with respect to insurance and other risk management considerations across UT, including the corporate legal department, the corporate and business development initiatives, and various functional business leaders
• Manage various risk and insurance related activities, including the maintenance of a Risk Management Manual; identify and analyze UT’s supply chain risk for management needs and vulnerability exposures; oversee and maintain certificate insurance requirements and records; among other responsibilities and activities
• Inspire, mentor, manage and motivate staff to enhance business and financial knowledge through experience, internal exposure, collaboration, leadership and technical development and learning
• Performs all other duties as assigned

Minimum Requirements

• Bachelor’s Degree and 15+ years in insurance and/or risk management field
• Advanced knowledge of Enterprise Risk Management principles and practices
• Advanced knowledge of organizational resilience and business continuity practices
• Extensive experience with commercial insurance programs, coverage analysis, and negotiation
• Extensive experience negotiating contractual risk provisions, including indemnification language
• Experience leading safety, loss prevention, and claims management programs
• Demonstrated ability to identify and lead significant organizational change
• Ability to influence senior leaders and key stakeholders across the organization
• Ability to communicate complex information effectively to executive and cross-functional audiences
• Advanced analytical and quantitative problem-solving skills
• Experience developing and presenting risk analyses, recommendations, and executive-level reporting
• Demonstrated ability to exercise independent judgment on complex and high-impact matters
• Experience operating effectively within a large, complex organization
• Strong organizational skills with the ability to manage multiple high-priority initiatives
• Proficiency in Microsoft Word and Excel

Preferred Qualifications

• Master’s Degree in a relevant discipline
• Chartered Property Casualty Underwriter (CPCU)
• Certified Risk Manager (CRM)
• Certified Insurance Counselor (CIC)
• Associate in Risk Management (ARM)
• Biotechnology or pharmaceutical industry experience

Job Location & Travel

This hybrid role is located at one of our following offices: Silver Spring, MD or RTP, NC and requires reporting to the office at least three days a week. In office requirements could increase based on business needs. This position will require 30% travel.

The salary range for this role is $228,500-302,500/yr and reflects our good-faith estimate of the compensation for this role at the time of posting.  An employee’s position within the salary range will be based on factors such as education, qualifications, experience, skills, geographic location, and business needs, as well as other factors permitted by law at the time of posting. This range may be modified in the future based on company and market factors.

At United Therapeutics, our mission and vision are one. We use our enthusiasm, creativity, and persistence to innovate for the unmet medical needs of our patients and to benefit our other stakeholders. We are bold and unconventional. We have fun, we do good.

Eligible employees may participate in the Company’s comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more. For additional information on Company benefits, please visit https://www.unither.com/careers/benefits-and-amenities

United Therapeutics  Corporation is an Equal Opportunity Employer, including veterans and individuals with disabilities.