FCI is the higher education consortium that supports the excellence of our member campuses — Amherst, Hampshire, Mount Holyoke, and Smith Colleges, and the University of Massachusetts Amherst — through extensive academic and administrative collaborations.
Five Colleges, Incorporated (FCI) seeks a Director of Risk Management to oversee and provide strategic direction to the Five College Risk Management Office, which leads the development and implementation of strategy for risk management and mitigation for Amherst, Hampshire, Mount Holyoke, and Smith Colleges (“participating colleges”) and Five Colleges, Incorporated (FCI). The Director contributes to the enterprise risk management programs for the participating colleges and assumes management duties for the captive insurance program. Responsibilities also include insurance procurement, claims management, compliance, and emergency preparedness. The position supervises a small team and reports to the FCI Executive Director, with select reporting duties directly to the participating colleges. This is a full-time, exempt, benefited position with Five Colleges, Incorporated. The primary work location for this in-person role is South Hadley, Massachusetts, but requires regular in-person interaction with individuals on multiple campuses in the consortium. FCI is the higher education consortium that supports the excellence of our member campuses — Amherst, Hampshire, Mount Holyoke, and Smith Colleges, and the University of Massachusetts Amherst — through extensive academic and administrative collaborations. THE IDEAL CANDIDATE You could be a great fit for this position if you: ● Are an experienced risk management professional ● Can serve as a trusted strategic adviser and thought partner to four higher education institutions and a nonprofit organization—all with different needs and cultures ● Have advanced knowledge of the insurance ecosystem to advise on and lead the procurement, renewal, and claims management processes ● Have a broad understanding of the relevant laws and rules necessary to effectively manage compliance functions such as contract reviews, background checks, driver credentialing, and Title IX IMPORTANCE OF DIVERSITY TO OUR MISSION Five Colleges, Incorporated and its five associated institutions are committed to supporting and sustaining a diversity of people, backgrounds, experiences, ideas, and points of view for the essential contribution this diversity makes to the missions of our organizations. In support of this commitment, Five Colleges requires all of its employees to work cooperatively and effectively with the diversity of people within the organization itself, at the colleges, and in our partner organizations. APPLICATION INFORMATION https://www.fivecolleges.edu/about/employment#director-risk-management Before applying, review the full Director of Risk Management position description. The priority application deadline for this position has been extended to May 5, 2025. Applications will be accepted until the position is filled. Applications for jobs at FCI should be submitted through the Smith College job portal. NOTE: When applying, you will not be prompted to submit a cover letter. Upload both a current resume AND a cover letter before clicking the Submit button. Inquiries about this position should be directed to fci-hr@fivecolleges.edu.
• Broad understanding of higher education risk, compliance, and regulatory environment. • Good working knowledge of the laws, rules and regulations pertaining to all lines of property and liability insurance, workers compensation, business law, and third-party liability as well as those general laws, rules and regulations pertaining to contract review and negotiation. • Experience with property and casualty insurance products, insurance program design, and alternative risk transfer techniques, as well as property and liability loss prevention and safety practices. • Advanced knowledge in risk management through experience and/or certification (e.g., ARM, CRM, CRMP). • Experience with contract review and negotiation. • At least 7 years of experience in enterprise risk management, compliance, or operational risk, preferably in higher education, consortia, or nonprofit organizations. • Strong analytical and problem-solving skills with the ability to assess complex risks and implement mitigation and optimization strategies. • Proven ability to manage complex business activities, relationships, and projects. • Capacity to serve as a trusted strategic adviser and thought partner across varying organizational levels and within different campus cultures, including a demonstrated ability to exercise sound judgment and discretion.