Director of Risk Management
About The Position
The Director of Risk Management provides strategic oversight and execution of the Company’s insurance, claims, and risk management programs. The role provides enterprise-level leadership across construction operations, contractual risk transfer, insurance placement, claims management, and controlled insurance programs (CCIP/OCIP/SDI). The Director advises executive leadership, operations, and project teams to proactively manage the Company’s risk profile, optimize financial outcomes, and align risk decisions with long-term business objectives. The position owns program design, renewals, and claims management and partners with Operations, Safety, Legal, Finance, outside counsel, and brokers.
Requirements
- Bachelor’s degree.
- CRIS designation or equivalent risk/insurance credential.
- 10+ years of progressive construction risk/insurance experience, including direct ownership of insurance placement and renewals, claims governance, contractual risk transfer, and CCIP/OCIP programs.
- Proven people leadership and executive-level communication skills that support strategic alignment and collaboration among Operations, Safety, Legal, Finance, and external partners.
Nice To Haves
- Bachelor’s degree in Risk Management, Insurance, Finance, Construction Management, or a related field.
- ARM, CPCU, or similar advanced designation.
Responsibilities
- Partner with the VP of Risk on departmental strategy, mentor high-performing teams, and scale risk service offerings to support evolving business operations.
- Optimize the company’s total cost of risk by structuring insurance program coverages, limits, and deductibles.
- Direct casualty insurance strategy, annual renewals, and broker partnerships to secure appropriate market placement, pricing, and coverage terms.
- Direct the corporate insurance portfolio, including workers’ compensation, general liability, auto, umbrella/excess, professional, cyber, and SDI programs.
- Direct claims management, including investigation, reserving, litigation, and resolution; lead quarterly reviews and develop action plans to reduce severity and protect outcomes.
- Govern CCIP/OCIP performance, including enrollment, compliance, and loss results, in partnership with Operations and Safety.
- Oversee subcontractor insurance compliance and onboarding, and train project management and field teams on requirements.
- Negotiate complex contractual risk terms, including indemnity, insurance, and liability caps, to limit corporate financial exposure.
- Support the subcontractor prequalification framework and promote consistent enforcement of compliance policies and risk thresholds across subcontract awards.
- Translate loss trends, premium data, and operational metrics into executive recommendations and risk management directives.
- Direct the placement and claims lifecycle for primary insurance lines, including workers’ compensation, general liability, auto, and professional coverage.
- Communicate complex risk and insurance concepts through concise executive-level messaging.
- Build organizational partnerships to execute process improvements and cross-functional alignment.
- Influence and negotiate with brokers, carriers, and internal partners to reach equitable outcomes.
- Draft key contract clauses to balance risk, secure necessary insurance, and limit legal exposure.
Benefits
- Base salary plus an annual discretionary bonus.
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What This Job Offers
Job Type
Full-time
Career Level
Director
