Vice President, Enterprise Risk Management

Blue Cross Blue Shield of Massachusetts

. Lead the development and execution of the Enterprise Risk Management strategy .

Posted 11/10/2026full-timeBoston • Massachusetts • United StatesLead💰 $274,050 - $334,950 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates extensive expertise in Enterprise Risk Management, including the development of risk frameworks, compliance with regulatory standards, and strategic financial oversight. Proven leadership in managing risk assessments, vendor relationships, and crisis management within the health insurance industry.

Highest-signal resume keywords

Enterprise Risk Management StrategyHealth Insurance Industry ExpertiseFinancial AcumenLeadership in Risk AssessmentsCorporate Compliance Knowledge

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Risk Framework DevelopmentRisk Appetite DefinitionBudget ManagementCrisis ManagementAudit ProceduresVendor Security Risk ManagementAI Integration in Risk FunctionBusiness Continuity PlanningRegulatory ComplianceRisk Reporting

Soft Skills

LeadershipConsultative SkillsStrategic PlanningCommunicationMentoring

Certifications & Qualifications

CIACCSACRMFRM

Industry Keywords

Health InsuranceNational Association of Insurance CommissionersHi-Trust StandardsCorporate Compliance PoliciesState/Federal RegulationsAudit CommitteeRisk CommitteeVermont-Domiciled Captive InsurerEmerging RisksThird-Party Risk Management

About the role

Key responsibilities & impact

Lead the development and execution of the Enterprise Risk Management strategy
Participate in company-wide strategic planning, policy formulation, and budgeting
Establish annual division goals and oversee the division budget and vendor relationships
Advise senior executives and business unit stakeholders on enterprise strategic, financial, and operational risks
Serve as internal business partner, consultant, subject matter expert, and resource across departments
Define and strengthen the enterprise risk framework, including risk appetite, limits, standards, and policies
Identify and monitor critical risk issues and report exceptions and remediation timelines to senior management
Manage emerging risks, divisional risks, targeted risk reviews, and related reporting
Oversee the technology risk program
Drive governance for integrating AI and automation across the risk function and business
Oversee talent strategy and upskilling initiatives for the ERM team
Lead complex projects and oversee business continuity, crisis management, and corporate insurance programs, including a Vermont-domiciled captive insurer
Oversee the Third-Party/Vendor Security Risk program and related policy management
Present strategy, objectives, and independent risk assessments to the Board, senior management, and executive committees
Oversee Audit Committee and Risk Committee meetings
Oversee the annual ORSA Report filing and process
Represent the SVP and risk function with regulators, the BCBS Association, and industry groups
Lead and participate in external audits and reviews
Lead and mentor the Risk team, including hiring, training, and development

Requirements

What you’ll need

Bachelor’s degree required; Accounting, Finance, or Risk Management preferred
15+ years of professional experience
Significant leadership experience in Risk Management within the health insurance industry
Successful leadership of major risk assessments
Strong financial acumen
Extensive knowledge of the health insurance industry, commercial products, and regulatory frameworks
Extensive knowledge and experience with corporate compliance policies, state/federal regulations, National Association of Insurance Commissioner requirements, and general audit procedures
Knowledge of Hi-Trust standards and modern, proactive auditing approaches preferred
Professional certifications such as CIA, CCSA, CRM, or FRM highly preferred

Benefits

Comp & perks

Variable pay eligibility
Paid time off
Medical insurance
Dental insurance
Vision insurance
401(k)
Suite of well-being benefits
Employee development resources
Opportunities to forge a unique career path
Work/life balance support