What are the responsibilities and job description for the Construction Risk Manager position at New Line Structures?
Company Description
A well known construction management company in New York City.
Job Description
The Risk Manager is responsible for overseeing all insurance programs and policies and mitigates risk by identifying liability exposure. The Risk Manager works alongside safety team, legal, project management, and accounting.
Qualifications
1. Oversees and administers the organizations risk management, insurance, and worker’s compensation programs and policies.
2. Provides information and assistance to safety team, legal, project management, and accounting staff regarding liability and risk issues.
3. Knowledge of insurance compliance and report analysis
4. Knowledge of managing claims, summons and complaints
5. Coordinates training staff to understand insurance coverages and risk issues
6. Excellent written and oral communication skills
7. High level of professionalism and confidentiality
8. Excellent attention to detail
Additional Information
Bachelor’s degree and Insurance, Risk Management, Construction experience required
RESPONSIBILITIES:
- Manage day-to-day interaction between project management, brokers, and insurers related to risk management and insurance issues.
- Manage all aspects of contract review as it relates to insurance including coordination of contract review with legal. Verifies compliance.
- Work with client/owner insurance representatives to ensure proper placement and coordination of any project specific insurance policies.
- Analyze and understand all policies, insurable risks and potential risk mitigation opportunities. Interact with teams to ensure coordination between project activities, exposures, and appropriate insurance coverage.
- Review and analyze terms and conditions associated with OCIP’s and CCIP’s. Function as liaison between all participants
- Review and analyze loss control and trending reports, and coordinate with safety team to develop appropriate action plan.
- Notify project management and resolve non-complying and expiring insurance certificates. Keep records of insurance certificates and monitor subcontractor’s insurance. Update necessary changes on reporting.
- Review for compliance and update CCIP spreadsheet so payments may be released.
- Coordinate with adjuster to manage workers compensation and general liability claims.
- Coordinate reporting of summons and complaints to send to broker and insurance companies.
- Work with legal to organize depositions.
- Coordinate insurance information to be entered in Procore/BIM software
- Attend claims meetings with ownership and safety team.
- Perform other duties as assigned.