Director of Risk Management

SHOOK CONSTRUCTION CO•Moraine, OH

About The Position

The Director of Risk Management is responsible for the strategic oversight, design, and execution of the Company’s enterprise-wide risk management program. The Director partners closely with Legal, Operations, Safety, Finance, Human Resources, Preconstruction, and executive leadership to proactively identify, evaluate, and mitigate risk associated with construction operations with a focus on Project-specific risks and management of subcontractor prequalification and subcontractor default insurance.

Requirements

Bachelor’s degree required with advance degree preferred.
Minimum of 10 years of progressive experience in construction risk management or related field.
Experience in construction insurance and surety programs, claims management and risk transfer.
Strong analytical and leadership skills with the ability to advise executive leadership.

Nice To Haves

Associate in Risk Management (ARM) preferred.

Responsibilities

Manage the Company’s property and casualty insurance program, including general liability, workers’ compensation, auto, umbrella/excess, builder’s risk, professional liability, pollution, executive risk, and cyber coverage.
Assist with compilation and development of data for annual renewal of corporate property and casualty insurance program.
Oversee management of auto and workers’ compensation claims and work closely with Legal to manage other insurance claims, including general liability, builder’s risk, professional/pollution, including coordination with insurers and brokers.
Oversee subcontractor and supplier prequalification and certificate of insurance compliance.
Lead the Company’s subcontractor default insurance, builder’s risk, and contractor-controlled insurance programs.
Oversee the Company’s surety bond program and reporting requirements, including performance, payment, and license bonds.
Develop and maintain strong relationships with the Company’s broker partners and capitalize on their capabilities and knowledge to support the Department’s strategic planning, duties and deliverables.
Develop and maintain risk management policies, procedures, and training standards.
Represent Risk Management in Company’s project progression meetings and in cross-functional forums.
Review and analyze the Company’s loss trending reports and develop appropriate action plans.
Maintain knowledge of trends in the construction insurance industry, including thorough working knowledge of insurance products, coverage, and pricing.
Assist with budgets, forecasts, and financial reports, including the analysis of annual insurance premiums, financial performance of insurance programs, and determination of billing rates and premium allocations.
Identify educational needs within the Company and assist with presentations and training focused on insurance and risk issues.
Lead, mentor, and develop the Risk Management team and establish department goals and performance metrics.