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Procurement & Risk Manager

Bowdoin College

Brunswick, MEFull-time$124–140K/yrTracked 5 days agoSeen in employer's feed 5 days ago

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At a glance

Compensation
$124–140K/yr
Location
Brunswick, ME
Schedule
Full-time
Work Authorization
Not specified

Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The Procurement & Risk Manager oversees insurance programs, provides strategic direction for college‑wide procurement, advises senior leadership, coordinates with brokers, vendors and counsel, and leads risk management training and compliance. They develop bidding processes, evaluate vendor credit, manage budgets, and ensure legal contract requirements are met.

Skills & qualifications

RequiredNice to have

Skills

Risk AnalysisClaims AdministrationVendor Due DiligenceBudget ManagementNegotiationRegulatory Compliance InterpretationInsurance Programs ManagementInsurance Certification

Qualifications

Bachelor’s Degree in Business Administration or Related FieldInsurance Certification5 to 7 Years Experience Directly Related to PositionExperience Working in an Education Setting

Benefits

Medical Insurance
401(k) Match

Full job description

Procurement & Risk Manager

Posting Number S01594JP

Department Treasurers Office

Job Summary

The Procurement & Risk Manager is responsible for managing the College’s property and casualty insurance programs to protect Bowdoin from operating and financial risks, and for providing strategic direction and implementing programs and processes related to College-wide procurement of goods and services. This role serves as a key advisor to the Senior Vice President for Finance and Administration, partnering across the institution to strengthen risk controls, improve purchasing practices, and support efficient, compliant operations. The position coordinates with internal stakeholders and external partners—including brokers, insurers, vendors, and counsel—to deliver measurable value, manage exposure, and enhance service levels.

ESSENTIAL FUNCTIONS :

  • Oversee the annual applications for insurance and renewal applications, conduct analysis to identify major causes and sources of risk losses and develop recommendations for strategic actions.

  • Provide assistance and support to Student Affairs regarding the procurement of student health insurance, sports/clubs/intermural insurance, and student health claims administration.

  • Establish bidding processes for potential vendors and negotiate prices and discounts, maintain relationships with vendors, provide estimates, and evaluate vendor credit history to ensure financial viability.

  • Oversee the coordination of providing information to claimants, College representatives, adjusters, attorneys and insurance companies.

  • Coordinate and conduct campus-wide risk management training sessions, guidelines, and procedures for all employees.

  • Collaborate with General Counsel to ensure that all legal contract requirements are met.

The hiring range for this position is expected to be: $124,000 – $140,000 annually.

BENEFITS AND PERKS

Education/Skills Requirements

Bachelor’s degree in Business Administration, Risk Management, or related field required. Insurance certification preferred.

Must have the ability to:

  • Analyze claims and exposure data to identify loss drivers, assess risk trends, and develop practical risk mitigation recommendations.

  • Create and manage insurance budgets and producing cost-of-risk reporting (premiums, retained losses, outside services, and related expenses).

  • Interpret technical documents or regulations and then determine applicability and steps associated with achieving compliance

  • Negotiate pricing, discounts, and contract terms with suppliers and service providers, while balancing service, value, and risk controls.

  • Provide insight, guidance, advice, and leadership necessary to ensure safety of the campus and its students, faculty, and staff.

  • Work independently and be self-motivated.

Experience Requirements and/or Equivalents

5 to 7 years experience directly related to the duties and responsibilities of the position; 7+ years preferred. Experience working in an education setting also preferred.

  • Knowledge of claims administration and coordination practices, including effective communication with claimants, adjusters, insurers, attorneys, and internal stakeholders.

  • Skilled in vendor due diligence, including assessing vendor financial stability/credit risk and documenting risk-based recommendations.

Applicants must meet the minimum qualifications in this posting to be considered for hire.

Standard Work Days and Hours

Standard administrative hours are 8:30am – 5:00pm. This is a full-time position working 40 hours/52 weeks, (1.00 FTE ). Exempt positions require the time commitment necessary to complete the essential duties of the position.

We regret that Bowdoin College is unable to provide visa sponsorship for staff positions.

Employment at Bowdoin College is contingent upon satisfactory completion of applicable background checks including but not limited to: criminal records, educational verifications, driving records (when job-related), and/or credit history (when job related).

About Bowdoin

Bowdoin embraces diversity in all forms, and the College is home to talented students, faculty and staff—with a variety of racial, ethnic, cultural, and socioeconomic backgrounds; religious beliefs; and gender identities, among other factors.

We encourage applications from candidates committed to the support of an inclusive campus community and those who will enrich and contribute to the College’s multifaceted diversity. We value a community in which individuals of all backgrounds are warmly welcomed and encouraged to succeed.

Founded in 1794, Bowdoin has maintained its commitment to the liberal arts for well over 200 years. Bowdoin’s reputation as a preeminent liberal arts college rests on the excellence of its faculty, students, and staff; intimate size; strong sense of community; and connections to the people, history, and natural beauty of Maine.

Bowdoin’s campus is situated in a beautiful natural setting. Located in Brunswick, Maine, a town of approximately 20,000, the College is a short drive from the Maine coast, twenty-five miles from Portland and 120 miles from Boston.

Shift

Employment Category Full Time Year Round

FTE 1.00

Benefits Eligible Yes

Pay Type Salaried

Background Check Package Requirements Administrative Staff + Credit

Is driving a vehicle (e.g. Bowdoin vehicle or off road vehicle, rental car, personal car) an essential function of this job? No

Is a pre-placement physical required for this position? No

Posting Date 08/18/2026

Applications Accepted Until

Open Until Filled No

Type of Posting Internal/External

Special Instructions to Applicants

If selected as a finalist, you will be required to submit information for three references, including name, email address, phone number and how you know the reference.

EEO Information

Bowdoin College complies with applicable provisions of federal and state laws that prohibit unlawful discrimination in employment, admission, or access to its educational or extracurricular programs, activities, or facilities based on race, color, ethnicity, ancestry and national origin, religion, sex, sexual orientation, gender identity and/or expression, age, marital status, place of birth, genetic predisposition, veteran status, or against qualified individuals with physical or mental disabilities on the basis of disability, or any other legally protected statuses.

Supplemental Questions

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Procurement & Risk Manager at Bowdoin College | Olive Jobs