Risk Management

Evaluating NSHE’s loss history, researching risk reduction strategies, recommending and implementing appropriate techniques such as loss mitigation, the purchase of insurance, or administering self-insurance programs to minimize the economic impact to NSHE

Advising the System or its institutions on insurance and claim litigation matters

Managing financial controls over insurance or self-insured claim settlements and disbursements

Reviewing indemnification language and insurance requirements in contracts for the System or its institutions

Managing budgets for insurance or self-insurance programs system-wide

Performing annual reviews and providing recommendations for funding of the institution’s risk management, workers’ compensation, and environmental health and safety budgets

Providing risk analysis and consultation regarding international travel and loss management issues for the System or its institutions

Coordinating all insurance and self-insurance programs; including negotiations on insurance policy renewals for the System or its institutions

Conducting the request for proposal (RFP) process to select insurance brokers, third-party claims administrators and managed care organizations for the system’s insurance and self-insurance programs

Recommending and facilitating policies and procedures to help manage risks and mitigate losses for the System or its institutions

Serving as a resource for problem-solving and decision-making to further the mission of the System or its institutions