Chief Compliance Officer (Hybrid)

$244,400 - $354,380/Yr

Insulet Corporation - Acton, MA

Full-time - Executive

Hybrid - Acton, MA

Miscellaneous Manufacturing

About the position

The Vice President, Chief Compliance Officer (CCO) at Insulet Corporation plays a pivotal role within the Legal Department, reporting directly to the General Counsel. This position is essential for leading the global Compliance function, ensuring that the company adheres to all applicable laws, regulatory requirements, and internal policies. The CCO is expected to foster a strong culture of ethics and compliance throughout the organization, which is crucial for maintaining the integrity and reputation of Insulet as a leader in the medical device industry. In this fast-paced and high-performance environment, the CCO will oversee the strategic design, implementation, and operation of an effective ethics and compliance program. This includes serving as a trusted advisor to the Executive Leadership Team and the Board of Directors, ensuring that compliance policies and procedures are not only effective but also well understood and respected by all employees. The CCO will provide reasonable assurance to senior management and the Board that the company is compliant with all regulatory and legal requirements, thereby safeguarding the organization against potential risks. The role requires a collaborative leader who can work closely with senior leadership to understand the global needs and strategic objectives of the company. The CCO will manage day-to-day compliance activities, which encompass advising the business, reviewing proposals, implementing a third-party risk management program, conducting training, managing incidents, and overseeing compliance investigations. Additionally, the CCO will be responsible for developing and instituting compliance programs and policies that align with relevant laws and regulations, promoting a proactive compliance culture, and driving the implementation of a modern training program aimed at enhancing employee ownership of business ethics and compliance.

Responsibilities

• Work closely with senior leadership to understand the global needs and strategic objectives of the company in order to provide high-quality, pragmatic and focused compliance advice.
• Oversee day-to-day compliance activities, which include advising the business, reviewing routine proposals and requests, implementing a third party risk management program for compliance, training, incident management, monitoring the compliance hotline, conducting investigations.
• Develop and institute appropriate compliance programs and policies to ensure compliance with relevant laws and regulations.
• Promote prevention, a proactive mindset and a speak-up culture; communicate a compliance vision for the company and maintain an effective compliance communication program.
• Drive the implementation of a proactive, strategic, and modern training program throughout the organization aimed at impacting behavior and driving ownership of business ethics and compliance by all employees.
• Oversee compliance with health care laws and regulations globally, and the establishment and implementation of relevant standards and policies, including the drafting, revising/updating, and implementing of all healthcare and corporate legal and ethics compliance policies.
• Participate in the development of corrective action plans for resolution of problematic issues and provide general guidance on how to avoid or deal with similar situations in the future.
• Maintain a thorough understanding of, and keep abreast of developments in, relevant healthcare laws and regulations, including tracking legislation and seeking to influence as appropriate.
• Work in collaboration with legal team colleagues to interpret new laws and regulations and develop a strategy to adhere to the requirements of such laws and regulations within the required regulatory timeframe.
• Drive operational efficiencies by setting measurable goals and work on leveraging and deploying new and existing technologies to improve efficiencies in the Compliance program across the company.
• Manage and mentor compliance team members.
• Prepare and present clear and concise compliance reports to senior leadership and the Board of Directors, as requested.
• Perform other duties as required.

Requirements

• Minimum 15 years of experience in health care compliance in a medical device, life sciences, pharmaceutical or health care provider or payor environment as an internal resource or as a consultant.
• Minimum 5 years of experience managing a team.

Nice-to-haves

• Ability to lead, influence and collaborate at all levels of the company.
• Prior experience in the development/deployment of a company-wide compliance program, including policy setting and development, compliance operations, risk-assessment and mitigation, training & awareness, auditing and monitoring, investigations, discipline, communications and compliance culture/leadership.
• A bias for action even in the face of ambiguity and complexity.
• Highest standards of integrity and good judgment.
• Excellent interpersonal and communication skills.
• Ability to operate in a fast-paced environment.
• Practical and creative leader with strategic business acumen.
• Team player able to work effectively up, down and across the organization.
• Experience presenting to and working directly with company C-suite members.
• Service orientation towards internal and external constituencies.
• Ability to distill complex information to essential elements and communicate effectively to a wide range of internal and external audiences.
• Health Care Compliance Association (HCCA) Certification.
• Master's degree in relevant field.
• Juris Doctor from an accredited law school, currently in good standing with a state bar association, with no history of ethical violations.

Benefits

• Hybrid working arrangement
• Competitive salary range of $244,400.00 - $354,380.00 based on role, level, and location
• Opportunities for professional development and career growth
• Support for a healthy work-life balance
• Employee-focused culture that encourages innovation and collaboration