Associate Vice President & Chief Risk Officer
CHERYL LLOYD is the Interim Vice President, Systemwide Human Resources and Associate Vice President, Chief Risk Officer for the University of California 10 campus system, including medical centers. Cheryl is an experienced executive with over two decades of University administrative leadership expertise.
As Interim Vice President, Systemwide Human Resources, Cheryl oversees employee and labor relations, talent management, benefits programs, HR policy and compensation programs. In addition, she has oversight for the University’s pension plans and retirement administration center. As AVP & Chief Risk Officer, Cheryl oversees a myriad of programs for UC's ten campuses, five medical centers. Those programs include the University’s varied global research activities and the many safety and health programs for students, faculty and staff. Major initiatives and programs for the department of Risk Services include implementing Enterprise Risk Management (ERM) throughout the University, managing human capital risk in the areas of employment practices liability and workers compensation, reducing the overall cost of risk, implementing systemwide safety and loss mitigation programs, improving claims management systems, and developing risk financing strategies. Cheryl also has oversight of the University's Environment, Health and Safety programs (EH&S), Business Continuity programs, Emergency Management and travel and risk security programs.
Cheryl also serves as President of Fiat Lux, the University's wholly owned captive insurance company. In addition, she is President of the Regents other captives, UC Health RRG (Risk Retention Group), a medical malpractice insurance company offering insurance to UC affiliated physician and physician groups. Eureka, PCC, a protected cell captive, Eureka One, a cell captive which now provides reinsurance to the University’s voluntary benefits programs, and Sequoia, a newly formed captive which will also provide reinsurance to additional university voluntary benefits programs.
Cheryl began her career in the insurance and risk industry with Chubb Insurance. Before joining University of California in 1998, she was the corporate risk manager for Core-Mark International.
Cheryl has a dual degree in Mass Communications and Sociology from U.C. Berkeley.