Compliance & Risk Specialist
About Compass SP
Description
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 http://www.compass-sp.com. ROLE OVERVIEW The Compliance and Risk Specialist plays a key role in two areas: (1) protecting Compass Surgical Partners’ assets to ensure financial and operational stability and (2) ensuring adherence to federal, state, and accreditation standards through compliance/HIPAA auditing, risk assessment, and corrective action monitoring. This position is responsible for 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. 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. You will also support the corporate compliance function in regards to OIG guidance, federal billing guidelines and HIPAA regulatory requirements. The ideal candidate has strong audit skills, attention to detail, and a passion for maintaining a culture of compliance and patient privacy. 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 Insurance Risk Identification & Analysis - Conduct periodic risk assessments to identify emerging exposures across the ASC portfolio and corporate operations 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 - 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 Compliance and HIPAA Privacy - Conduct scheduled and ad hoc compliance audits of ASC operations - Perform HIPAA Privacy and Security audits to evaluate use and disclosure practices, minimum necessary standards, and access controls - Review medical records, billing records, workflows, and policies to identify compliance gaps - Document audit findings, risk levels, and improvement recommendations - Collaborate with leadership to develop and monitor corrective action plans (CAPs). Track remediation efforts and verify timely resolution of audit findings - Assist with ongoing compliance risk assessments and program effectiveness reviews Compliance Policies, Training & Reporting - Support the development, review, and maintenance of compliance and privacy policies and procedures - Assist with onboarding and annual compliance and HIPAA training - Provide guidance to ASC staff and on regulatory and privacy requirements - Prepare audit summaries and reports for compliance leadership - Maintain audit documentation and tracking logs - Support external audits, surveys, and regulatory inquiries - Serve as a compliance resource to ASC administrators and clinical leadership WHAT YOU’LL BRING - Bachelor degree in Risk Management, Healthcare Administration, Business/Finance, or a related field; ARM or CPCU preferred - 2+ years of 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 - Working knowledge of HIPAA Privacy and Security rules - Familiarity with the corporate compliance function of a healthcare organization - Strong analytical, quantitative, and problem-solving skills - Excellent written and verbal communication skills - Highly organized, self-directed, and able to manage multiple priorities with minimal supervision 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.