Director Enterprise Risk Management

Workforce Classification:

Join Our Team: Do Meaningful Work and Improve People’s Lives 

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

To better serve our customers, we are fostering a culture that emphasizes employee growth, collaborative innovation, and inspired leadership. We are dedicated to creating an environment where employees can excel and where top talent is attracted, retained, and thrives. As a testament to these efforts, Premera has been recognized on the 2025 America's Dream Employers list. In 2024, Newsweek honored Premera as one of America's Greatest Workplaces, America's Greatest Workplaces for Diversity, and America's Greatest Workplaces for Mental Wellbeing. Additionally in 2024, Forbes ranked Premera among America’s Best Midsize Employers for the fourth time.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:  https://healthsource.premera.com/.

We are seeking a talented Director, Enterprise Risk Management to direct and provide oversight of risk management efforts across the organization. This impactful role will be part of Premera’s strategy to not only manage risk but also take the right risks as we continue our journey to make healthcare work better.

In this role, your leadership will…

• Impact Premera’s overall strategy by helping leaders take an integrated and informed approach to risk:
  • Demystify risk across the organization by executing holistic ERM assessments and collaborating with senior organizational leadership.
  • Facilitate high-level meetings and advise both divisional and C-suite leadership on ERM efforts.
• Provide insight and partner closely with divisional leaders to implement strategic risk monitoring and reporting systems.
  • Build methodology and manage the risk governance structure and oversight framework.
  • Proactively identify emerging risks and programmatic solutions to manage those risks.  
• Reduce organizational risk by thoughtfully managing multiple insurance programs. 
  • Oversee multiple comprehensive, commercial insurance programs.
  • Manage day-to-day operations for a captive insurance company.

What you will do:

• Advise and support  the Chair of the Enterprise Risk Management Committee in Enterprise Risk Management (ERM) efforts, including facilitating ERM risk assessment, identification of mitigating controls, and/or monitoring, as needed. Facilitate high-level meetings across all areas of the company to gather ERM data, build ERM assessments, and discuss ERM status and planned enhancements. 
• Partner with business leaders in their risk management processes for each of the lifecycle stages, namely Risk Identification, Risk Assessment, Risk Reporting and Risk Monitoring. Implement a reporting methodology leveraging technology for concise risk reporting, adopt risk dashboards and use metrics for analysis. 
• Facilitate the development, implementation, and maintenance of the policies, standards, guidelines, and procedures to support a risk management framework. 
• Identify the methods used in measuring operational risk, including assisting management in the development of Enterprise Risk Management (ERM) key risk indicators (KRI) and best practices in monitoring and reporting operational risk.
• Oversee and/or deliver ERM-related regulatory reports, including the annual Own Risk and Solvency Assessment (ORSA) report, presentations for credit rating agencies, contributions to the Form F and CGAD and responses to ad hoc inquiries from regulators and/or clients. 
• Provide leadership on all aspects of the company’s corporate insurance portfolio, including designing, implementing, and managing Premera