What are the responsibilities and job description for the Risk Manager & Underwriter position at Frampton Construction?
Risk Manager
Frampton Construction is seeking a dynamic and detail-oriented Risk Manager & Underwriter to lead our risk management efforts, focusing on financial underwriting, insurance compliance, and reporting. The Risk Manager & Underwriter will play a pivotal role in safeguarding the company’s financial, operational, and reputational interests. Reporting directly to the CFO, this position will collaborate closely with the COO, operations, safety teams, and external risk partners to drive the continued development of Frampton’s Risk Management platform, ensuring seamless project execution and operational excellence.Overview of Roles & Responsibilities
1. Trade Risk Planning and Underwriting- Oversee trade contractor prequalification and underwrite financial and performance capabilities for each project.
- Develop and refine underwriting standards tailored to project specifications, trade scope, and market dynamics.
- Facilitate risk management plans in collaboration with preconstruction and operations teams.
- Ensure compliance with trade insurance requirements and generate comprehensive risk management reports.
- Partner with leadership to support annual insurance renewals and align policies with Frampton’s operational needs.
- Manage builder’s risk and property coverages, coordinating with carriers to bind policies and advising project teams on coverage specifics.
- Lead CCIP analysis, binding, and compliance oversight for eligible projects.
- Strategize pre-contract project risk assessments with leadership and project teams.
- Act as the primary liaison for claims management, collaborating with insurance carriers, brokers, operations, safety, and legal teams to minimize claim impact.
- Cultivate and maintain strong partnerships with external risk stakeholders, including insurance brokers, carriers, and sureties.
- Serve as a trusted advisor to company leadership, identifying risks and proactively recommending solutions.
- Uphold and embody Frampton Construction’s values, vision, and mission, fostering a culture of collaboration and continuous improvement.
Qualifications of Position: Education / Experience Skills / Abilities
- Bachelor’s degree in Business, Finance, Accounting, or a related field; advanced certifications (e.g., CPA, CRIS, AFSB) are a plus.
- Minimum of 7 years’ experience in risk management, insurance, or surety underwriting, preferably within the construction industry.
- Expertise in insurance policies, surety bonds, risk transfer strategies, and corporate finance.
- Strong analytical, organizational, and communication skills with the ability to influence and interact at all organizational levels.
- Proficiency in relevant software tools, including Procore, Bluebeam, and Microsoft Office Suite.
- Availability for travel (up to 15%)
Benefits Overview:
- 100% employer-paid health, dental, and vision insurance.
- 401(k) with employer match and financial planning support.
- Generous PTO, including company holidays and additional community service days.
- Performance bonuses tied to personal and project success
- Monthly gym membership reimbursement
Frampton Construction does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies without pre-approval from Frampton Construction’s People team. Pre-approval is required before any external candidate can be submitted. Frampton Construction will not be responsible for fees related to unsolicited resumes and for candidates who are sent directly to our hiring managers.