Risk Manager

Job Description

Job Description

Position Summary :

The Risk Manager performs a critical role in managing and mitigating risks associated with the Company’s core specialty contracting business. This is a highly visible role as the Risk Manager will act as a liaison between the executive leadership team, operational management, and third-party risk consultants, including outside counsel, third party administrators, and insurance and surety brokers on a broad range of risk management issues.

Essential Duties and Responsibilities :

• Supervisory responsibility for the Risk Management Department.
• Oversee all aspects of the Company’s commercial insurance and surety programs and manage relationships with external parties, including brokers, claimants, third party administrators, insurance companies, legal counsel, sureties, auditors, and advisors.
• Lead insurance placement process for all property and casualty lines of coverage, including risk identification, analyzing exposure data, preparing underwriting submissions, binder / policy review, and meeting with brokers and carriers to obtain a favorable proposal.
• Oversee the placement and administration of Workers Compensation Policies and claim management in monopolistic states.
• Act as primary point of contact with the surety broker, oversee the monthly bond reporting process, and coordinate the annual meeting with surety and broker.
• Oversee claim management process through initial notification, investigation, and dispute resolution, including managing litigation and settlement strategy with outside counsel, adjusters, and the General Counsel.
• Collaborate with the Safety Department on incident investigations, injury management, and transitional duty assignments.
• Collaborate with the Finance and Accounting Department to establish, monitor, and assess insurance claim reserves and determine the appropriate allocation of insurance costs to the Company’s operating entities.
• Consult and conduct training on insurance coverage, claims management, risk identification and mitigation strategies for executive and operational leadership, branch managers, and account managers.
• Occasional travel to locations throughout the United States to meet with executive management, visit branch locations, attend mediations, arbitrations, and civil hearings as needed, meet with brokers and carriers, and conduct required training.
• Performs other duties as required.

Required Skills and Abilities :

Required Education / Experience :

Preferred Education / Experience :

Benefits :

The duties and responsibilities described above are not a comprehensive list. Additional tasks may be assigned to the employee from time to time; the scope of the job may change as necessitated by business demands.