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President and Chief Executive Officer

Req Number: AS182
Location: Atlanta, Georgia
Posted: 10/12/2020
Category: Life Sciences/Healthcare : Consumer Health
Job Type: Permanent

MCIC Vermont seeks its next President and Chief Executive Officer. MCIC is a specialty insurance company that provides insurance coverage and risk management services to academic medical centers and their various affiliated entities, employees and physicians. The principal shareholders/clients of MCIC are Columbia University College of Physicians & Surgeons, The Johns Hopkins Hospital, The Johns Hopkins University, New York Presbyterian Hospital, University of Rochester Medical Center, Weill Cornell Medical College, Yale New Haven Health and Yale University School of Medicine.

MCIC’s primary objective is to provide its members with a long-term, stable and cost-effective source of medical professional and general liability insurance coverage that meets the insurance needs for healthcare delivery and medical education. The company seeks to be the leading medical malpractice (captive) insurer by operating at a “best-in-class” level in all the traditional functional areas of insurance company operations.

As a mission-oriented organization, MCIC aims to make a substantial difference in medical malpractice risk reduction and patient safety broadly within healthcare. Through leading-edge risk management practices and consultation, MCIC will continue to dramatically improve the quality of healthcare services across their partner organizations. 

The next President and CEO of MCIC will join the organization at a pivotal time in its history. With over $2 billion in assets and $360M in annual premium revenues, MCIC is a substantial enterprise with the scale and sophistication needed to plan for and create its future. Its member organizations are financially sound with strong market positioning providing security for MCIC to take well-reasoned and prudent risk.

The President and CEO will direct all aspects of the company's  strategic activities to ensure the adequacy and soundness of the company's financial structure, maximizing underwriting profit in addition to leading short-term and long-range strategic growth. She/he will be responsible for the direction of all assets and will serve as the company’s principal liaison to customers, government agencies, professional societies, the insurance industry and the community. In an evolving environment, the CEO will be a consensus builder and a change agent, strategically leading the organization into its future and developing a team of diverse and superior talent to ensure the continued success and advancement of MCIC.

The successful candidate will be an exceptional, strategic leader, with the proven values and skills needed to transform and grow a highly successful medical malpractice insurance company with an enduring commitment to innovation in the management and reduction of risk. She/he will exhibit the balance of commitment to excellence in business management, support for insured professionals and focus on reducing risk that represents the best of breed in professional liability insurance executives. MCIC’s goal is to continue to provide unparalleled performance as an insurer to its member organizations and support of their efforts to provide the safest care in the world while contributing importantly to the nationwide effort to promote patient safety.

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Korn/Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.

AS182

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