Director of Risk Management

Stanley Martin • Reston, VA

1d • Onsite

About The Position

Stanley Martin Holdings is establishing a new risk management function to support its expanding enterprise. The Director of Risk Management will be instrumental in building and leading this function, overseeing insurance, claims, operational risk, and related governance across all Stanley Martin businesses, including homebuilding, mortgage, title, and land development. This role reports to the Chief Legal Officer and collaborates with various departments to protect company assets, minimize losses, enhance processes, and support operational execution. The Director will supervise an existing employee and is expected to develop the necessary people, processes, systems, and reporting for a mature risk management function. Exceptional candidates with extensive industry and leadership experience may be considered for a Vice President role.

Requirements

• Bachelor’s degree in risk management, business administration, finance, accounting, insurance, legal studies, construction management, or a related field
• 7-10+ years of relevant experience in risk management, insurance, claims, construction, real estate development, homebuilding, legal operations, or a related field
• Strong understanding of and experience with commercial insurance programs, claims administration, captive insurance structures, and risk management processes, including contractual risk transfer, certificate of insurance tracking, subcontractor/vendor insurance compliance, or construction-related insurance programs
• Experience in the real estate industry preferred
• Office-based position, with a strong preference for an individual based in Northern Virginia who can work in the Reston, Virginia, corporate office
• Some travel expected for conferences and meetings and to visit job sites and remote offices

Nice To Haves

• ARM, CRM, CPCU, AIC, CSP, CCEP, or other relevant professional designation preferred

Responsibilities

• Build, formalize, and continuously improve the Company’s risk management function, including scalable processes, reporting routines, tools, workflows, policies, templates, checklists, and service standards.
• Manage the Company’s property and casualty insurance programs, including general liability, workers’ compensation, automobile liability, umbrella/excess liability, builder’s risk, cyber liability, directors’ and officers’ liability, fiduciary liability, professional liability, and other specialty coverages.
• Lead the annual insurance renewal process, including gathering underwriting information, reviewing and submitting applications, working with brokers and carriers, supporting renewal presentations, and reviewing policies, endorsements, certificates of insurance, coverage summaries, and related materials.
• Manage day-to-day relationships with brokers, carriers, third-party administrators, consultants, outside counsel, and other insurance and risk management advisors.
• Work with the Company’s captive insurance company and related advisors to evaluate and implement appropriate uses of the captive.
• Manage insurance claims, including workers' compensation, general liability, automobile liability, property damage, construction defect, employment practices, and other insured matters, and coordinate with carriers, brokers, adjusters, and internal stakeholders.
• Track claim trends, loss history, reserves, settlements, premiums, deductibles, self-insured retentions, claim payments, and other key risk management costs and data, and prepare practical reports and summaries for internal leadership.
• Support the development and implementation of loss prevention, safety, incident reporting, and risk mitigation programs, and provide practical day-to-day guidance to business teams regarding insurance, claims, contractual risk allocation, and risk mitigation issues.
• Collaborate with Legal, Purchasing, Construction, Land, Operations, and other teams on contractual risk transfer and third-party risk management matters, including indemnity, insurance requirements, certificates of insurance, and trade partner, vendor, consultant, and service-provider compliance.
• Support risk management needs across Stanley Martin Holdings and its affiliates, including homebuilding, mortgage, title, land development, acquisitions, joint ventures, new markets, new business initiatives, and other strategic projects.
• Support risk management reporting, governance, and coordination processes associated with the Company’s ownership by a Japanese parent company, including driving the agenda for the Risk Management Committee and preparing reports for internal leadership and parent-company stakeholders.
• Supervise, develop, and provide guidance to the existing risk management employee, while helping define future staffing, roles, responsibilities, and capabilities needed for the department.
• Design, implement, and update comprehensive company-wide compliance frameworks and operational policies.
• Oversee and conduct risk-based compliance testing, internal audits, and root-cause analyses to identify and resolve operational discrepancies.
• Develop and deliver training programs to educate employees on regulatory requirements.
• Handle special projects assigned by the Chief Legal Officer.
• Represent the company professionally in all internal and external interactions and communications.
• Adhere to safety standards and help promote a safe working environment.
• Adhere to and promote the Mission, Vision, and Values of Stanley Martin.

What This Job Offers

• Job Type: Full-time
• Career Level: Director