Associate, Insurance & Risk Management

HITT Contracting•Washington DC, DC

About The Position

The Associate, Insurance & Risk Management supports HITT’s property & casualty (P&C), subcontractor default insurance (SDI), surety, and captive insurance programs across the company’s family of operating companies. Reporting to the Senior Manager, Insurance & Risk Management, the Associate handles day-to-day program administration and serves as a resource for operations, finance, and legal teams. The ideal candidate brings a solid foundation in P&C insurance, an interest in the construction industry, and a desire to grow into a well-rounded risk management professional.

Requirements

Bachelor’s degree in Risk Management, Business, Finance, Economics, or a related field preferred; equivalent work experience accepted in lieu of degree.
Professional designation (CPCU, ARM, or CRIS) or active P&C license preferred, or a willingness to pursue one.
2 to 3 years of experience in commercial insurance, risk management, surety, or a related field, with a brokerage, carrier, or corporate risk department.
Exposure to the construction, manufacturing, or logistics industries preferred.
Experience with certificate of insurance tracking, claims administration, or surety bond requests a plus.
Working knowledge of commercial P&C coverage lines, with the ability to read and interpret policy language and contract insurance requirements.
Strong proficiency in Microsoft Excel, including data management, formulas, pivot tables, and charting.
Clear written and verbal communication skills, with the ability to explain insurance concepts to non-specialists.
Strong organizational skills and attention to detail, with the ability to manage multiple tasks and deadlines.
Proactive learner who takes ownership of assigned work.
Collaborative team player who builds strong relationships across departments and with outside partners.

Nice To Haves

Bachelor’s degree in Risk Management, Business, Finance, Economics, or a related field preferred
Professional designation (CPCU, ARM, or CRIS) or active P&C license preferred, or a willingness to pursue one.
Exposure to the construction, manufacturing, or logistics industries preferred.
Experience with certificate of insurance tracking, claims administration, or surety bond requests a plus.

Responsibilities

Support the administration of enterprise-wide P&C programs, including general liability, workers’ compensation, auto, property, umbrella, professional, pollution, cyber, and management liability.
Support annual renewals by gathering underwriting data, preparing submissions, and comparing coverage and pricing options.
Review policies, endorsements, and binders for accuracy, and maintain policy records and schedules of insurance.
Coordinate day-to-day requests with brokers, carriers, and loss control consultants.
Prepare bid, performance, and payment bond requests, coordinate issuance with the surety broker, and maintain the bond log through release and closeout.
Help compile financial and project information for surety underwriting reviews.
Work with the captive manager to meet regulatory filing, financial reporting, and compliance deadlines.
Gather data for actuarial studies, loss reserve reviews, and premium allocations.
Help prepare materials for captive audits and board meetings.
Review construction contracts, subcontracts, and vendor agreements for insurance and surety requirements, and escalate non-standard terms to the Senior Manager.
Track certificates of insurance (COIs) and subcontractor insurance compliance, including SDI enrollment, and issue COIs and additional insured endorsements to project owners.
Answer routine insurance questions from project teams and operating companies.