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Executive Director - 1655131

  • Location New York City
  • Salary $315k/year - 395k/year
  • Job Type Full Time
  • Posted 04/02/2024

Director


Duties: Responsibility for daily executive management of largest group self-insured workers’ compensation trust fund in New York – effectively the Chief Executive Officer of a mid-sized insurance company or TPA. 


Tasks include:

  1. Set agenda for and delivery of executive reports to the Trustees which serve as the Board of Directors.
  2. Make recommendations to Trustees for major process changes designed either to drive efficiency or better implement the remedial mission of the Client — preferably both.
  3. Serve as primary executive point of contact with major external parties, including regulatory authorities, accountants, actuaries, lawyers, medical providers, e.g., its preferred provider organization and pharmacy benefit management company, insurance brokers, bonding companies and excess insurance companies. 
  4. Serve as primary point of contact with executive staff of the Joint Industry Board of the Electrical Industry which provides certain accounting, human resources, IT, premium collection and administrative services to the Client.  
  5. Manage staff of approximately 20 individuals with varied skill sets from workers’ compensation, disability and paid family leave claim personnel, industrial safety specialists, IT specialists and a 5-person learning management system organization driving online and live classroom training to a unionized workforce of approximately 14,000 Members and support personnel.  
  6. Manage the largest Alternative Dispute Resolution program for workers’ compensation disputes in New York and maintain professional relationships with the Client’s arbitrator and mediator.
  7. In conjunction with the Joint Industry Board Investment Director, make recommendations to the Trustees about prudent investment of the Client’s approximately $325 million portfolio. 


Required Qualifications:

  1. Prior board of director service or regular reporting responsibilities to same with demonstrated ability to communicate complex financial, legal, insurance and administrative matters and drive change in these areas under the direction of the Trustees. 
  2. Senior level accounting or finance experience in an insurance industry setting.
  3. Ability to navigate a unionized work environment in New York City with multiple sources of frequently competing interests and values.
  4. Ability to lead a complex organization with a larger than usual portfolio of responsibilities.
  5. Demonstrated ability to learn and master new subject matter outside pre-existing skill set. 
  6. Professional education degree in accounting, finance or law.