Risk Manager (50% FTE)
Compass Surgical Partners is a leading, independent, full-service ambulatory surgery center (ASC) development and management partner. An exclusive partner for premier health systems, Compass has built a nationwide portfolio of ASC joint ventures with health systems and physicians. Compass’ experienced leadership team has developed more than 250 ASCs over the past three decades, making it the partner of choice for high-performance ASCs. Differentiated by a proven track record of success and an agile, aligned operating model, Compass Surgical Partners aims to create strong partnerships that improve the lives of patients and providers. Learn more at www.compass-sp.com.
Role Overview
The Risk Manager plays a key role in protecting Compass Surgical Partners’ assets and ensuring the organization’s financial and operational stability. This position is responsible for designing, implementing, and managing enterprise insurance and risk-financing programs across all lines of business. You will serve as the primary liaison with brokers, carriers, and third-party administrators to ensure comprehensive coverage and cost-effective solutions. While not responsible for clinical or patient safety matters, this role is critical in mitigating exposure across property, operations, and corporate activities, supporting strategic decision-making, and maintaining compliance with regulatory, contractual, and joint venture obligations.
What You’ll Do
Insurance Program Management
Manage a full suite of commercial insurance lines, including general liability, property, workers’ compensation, D&O, EPLI, cyber liability, umbrella/excess, commercial auto, and fiduciary liability
Lead the annual insurance renewal process, including preparing and submitting applications, loss history, and supplemental underwriting information
Evaluate coverage terms, limits, retentions, and premiums; negotiate with brokers and carriers to optimize program value
Maintain the master certificate of insurance schedule and respond to requests from landlords, joint venture partners, health systems, and other stakeholders
Review and provide guidance on insurance-related provisions in contracts, leases, and vendor agreements
Risk Identification & Analysis
Conduct periodic risk assessments to identify emerging exposures across the ASC portfolio and corporate operations
Analyze claims data and loss history to identify trends, cost drivers, and opportunities for risk mitigation
Maintain and update the organization’s risk register and provide regular reporting to senior leadership on key risk indicators
Claims Oversight
Serve as the primary contact for all non-clinical claims, including property, auto, workers’ compensation, and general liability
Coordinate with third-party claims administrators, defense counsel, and carriers to ensure timely and appropriate resolution
Track open claims, monitor reserves, and report on status to leadership
Support litigation management in collaboration with legal counsel
Compliance & Reporting
Ensure insurance programs comply with applicable regulations, lender covenants, management agreements, and joint venture obligations
Prepare and present periodic risk management and insurance program reports to the CFO, executive team, and board/committees
Maintain organized records of all policies, binders, endorsements, and correspondence
Vendor & Broker Relations
Manage ongoing relationships with insurance brokers, specialty consultants, and other risk-related service providers
Conduct periodic broker performance reviews and lead competitive broker or market solicitations as needed
Stay informed of market trends, emerging products, and best practices in risk management for healthcare and ASC operations
What You’ll Bring
Bachelor’s degree in Risk Management, Business Administration, Finance, or a related field; ARM or CPCU preferred
5+ years of progressive experience in commercial risk management or insurance program administration
Experience managing complex, multi-line insurance programs; healthcare or multi-site organization experience strongly preferred
Knowledge of commercial property and casualty coverages, underwriting, and policy language
Familiarity with healthcare-specific exposures and regulatory requirements, including ASC licensure and CMS conditions
Strong analytical, quantitative, and problem-solving skills; ability to interpret loss data and financial information
Excellent written and verbal communication skills; comfortable presenting to senior leadership
Highly organized, self-directed, and able to manage multiple priorities with minimal supervision
Working Location
Hybrid/remote position with occasional travel to ASC locations or corporate offices (<10%)
Part-time schedule of approximately 20–25 hours/week; specific schedule to be agreed upon with supervisor
Why Compass Surgical Partners
Compass Surgical Partners develops and manages ambulatory surgery centers (ASCs) in partnership with physicians and health systems. We’re builders and operators committed to patient value, physician partnership, and scalable excellence. You’ll join a team that works with clear outcomes, moves fast, and supports each other through our STAR values—Service, Teamwork, Accountability, and Respect (respect through directness, kindness, and ownership).
Equal Opportunity
Compass Surgical Partners is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability status, or any other characteristic protected by applicable law.
If you require reasonable accommodations during the application or hiring process, please contact us at info@compass-sp.com.
Compensation & Pay Transparency
Salary ranges at Compass are based on role, level, and location, and may vary by state. Individual pay is determined by work location and factors such as relevant skills, experience, and education or training. Your recruiter will provide the specific salary range for your location during the hiring process. In addition to base salary, many roles are eligible for an annual performance-based bonus. Actual compensation will vary based on experience, qualifications, and company and individual performance.