Kari Dixon

Risk Management leader who delivers a comprehensive risk management philosophy, culture, and framework that forms an integral part of managing the business at all levels

• Development and implementation of the Enterprise Risk Management program for the Company
• Drive the evolution of risk management methodologies, tools, processes, and further develops a 'risk aware' culture that focuses on strategic objectives and drives value for the Company
• Develop risk appetite statements and tolerances; monitors risk exposures at the corporate level
• Prepares clear, concise, high quality written presentations to the Board and Audit Committee

Responsible for Enterprise Records Management and Law Department Financial Budget

• Oversee enterprise records management program
• Evaluate existing records management processes, recommending improvements to enhance efficiency and accuracy
• Conduct thorough risk assessments for potential vulnerabilities in records management infrastructure, addressing any identified issues promptly
• Manage the Law Finance budget effectively to ensure optimal use of resources while maintaining financial stability; annual budget exceeding $70 million
• Develop insightful financial forecasts, guiding executive decision-making and resource allocation

Demonstrated leadership with the ability to drive results

• Strong political acumen to partner, collaborate with, and influence all relevant stakeholders with a focus on execution
• Engaging executive leadership in discussion, analysis, and understanding of significant risks, along with identification and successful implementation of mitigation plans, including controls
• Executing strategic thought leadership with the ability to adapt to the current environment; demonstrated capability to synthesize vast amounts of complex data, and clearly and concisely articulate relevant points

Led Blue Shield of California’s growth and performance strategy for the Medi-Cal business line

• Ownership of plan to improve operational performance, enhance the experience of Medi-Cal members, and ensure compliance with Medi-Cal contractual and regulatory requirements
• Led key cross-functional workstreams devoted to: (i) ensuring internal operational readiness, (ii) proactively documenting a strong request for proposal submission for a historic California Medi-Cal bid, and (iii) assessing and implementing external strategies critical for the success of future growth

Demonstrated ability to lead through Emotional Intelligence

• Drove team success through the strong ability to work with people effectively; leading and influencing the creating and driving of implementation plans
• Responsible for management of multiple internal and external program managers and consultants in a coordinated and efficient manner to drive desired outcomes

Risk Management lead that is responsible for the Company’s risk management operations, including overseeing the Company’s risk identification and mitigation activities

• Led risk oversight over a $250 million run rate expense reduction through transformation efforts
• Oversaw risk identification/escalation/mitigation associated with a multi-year transformation inclusive of offshoring, outsourcing, downsizing, vendor contract reductions and location consolidation
• Established risk framework, executive reporting tools, and governance methodology within US operations and internationally
• Generated significant savings through performing risk and control initiatives, eliminating the need for Big Four consultants

Risk Management Leader

• Sponsor an environment to actively manage risk and promote good governance, transparency, compliance and alignment to corporate objectives
• Member of 8-person Executive Team leading the execution and delivery of the enterprise risk management function including risk/control assessments, internal loss event reporting, scenario analysis, training, issues management, risk appetite development and monitoring, the integration of risk into key performance metrics, development and communication of core policies, building a strong risk culture
• Ensured business objectives were achieved through active partnership with stakeholders and the development of trusted advisor relationships
• Led efforts to participate in pilot program with U.S. regulators to implement regulatory reform around risk management strategy inclusive of submission of formal document and presentation.

Leadership role developing and implementing risk management framework, policies, programs and systems

• Championed multiple enterprise-wide risk management initiatives including Sarbanes-Oxley, Business Continuity, Rating Agency management, and Top Risk identification
• Conducted focused risk-assessment interviews with executive management within the context of strategic business objectives
• Implemented a Business Continuity framework; assessing possible risks and analyzing potential losses, develop guidelines for documentation and periodic testing of processes/systems, employee training
• Responsible for managing external Rating Agencies relationships (AM Best, Moody’s, S&P)
• Subject matter expert in determining applicability and ensuring adherence with critical compliance regulations

Capital Management

• Evaluated capital requirements within the context of setting strategy and defining a business plan
• Performed scenario analysis to determine impact of events and reinsurance programs on internal, regulatory and rating agency capital requirements
• Evaluated impact to capital of cash flow projections associated with the sale of Balboa Insurance to Bank of America.

Proven results establishing, organizing and managing external audits while successfully meeting deadlines, quality standards, budgets and maintaining relationships with audit partners and clients in multiple cultures

• International experience in providing audit and financial advisory services to SEC reporting financial services clients
• Researched and understood complex US/Australian/Canadian GAAP accounting pronouncements and current issues, determined the applicability to audit client, and provided recommendations for implementation
• Designed, implemented and managed multiple client engagements to meet tight client deadlines; setting budgets, scheduling audits, selecting staff, assigning workloads, and financial reporting.