Insurance Risk Analyst

Prime Controls•Lewisville, TX

About The Position

Introducing Prime Controls Established in 1997, Prime Controls is a family-owned Systems Integration and I&C Construction firm dedicated to meeting clients’ industrial automation and control requirements. As a Main Automation Contractor, we deliver comprehensive solutions backed by decades of experience and a strong commitment to safety, compliance, and operational excellence. With a nationwide footprint and a growing portfolio of complex construction projects, risk management plays a critical role in our success. Overview What You Will Do As an Insurance Risk Analyst, you will support the company’s risk management strategy with a primary focus on insurance compliance, cost control, and administration of Owner Controlled Insurance Programs (OCIP). This role is responsible for maintaining accurate insurance records, managing contractor compliance, coordinating with insurance carriers, and providing analytical insight to ensure appropriate coverage across construction projects. You will work closely with internal stakeholders, external brokers, carriers, and subcontractors to ensure insurance requirements are met while balancing risk exposure and cost efficiency. A Typical Day at Prime Controls Maintain and manage the Certificate of Insurance (COI) database for all construction projects, ensuring accuracy and compliance Administer and oversee various Owner Controlled Insurance Programs (OCIP), including enrollment, reporting, ongoing compliance and cost reconciliation Coordinate subcontractor enrollment in OCIP and track participation, exclusions, and status changes Review insurance coverage requirements in contracts and confirm alignment with company and project needs Monitor and support Workers’ Compensation, General Liability, Builder’s Risk, and other project-related insurance programs Assist with claims management, including documentation, reporting, and coordination with carriers and brokers Analyze insurance data from audits, claims, and financial reports to identify trends, risks, and opportunities for cost savings Serve as a liaison between Prime Controls, insurance carriers, brokers, and project teams Support internal and external audits related to insurance and risk programs Prepare reports and summaries for leadership related to insurance coverage, claims activity, and risk exposure Partner with Safety, Legal, Finance, and Project Management teams to support overall risk mitigation efforts

Requirements

3–5 years of experience in insurance administration, risk management, or a related role
Working knowledge of construction insurance wrap programs, including OCIP/CCIP/ROCIP
Understanding of Workers’ Compensation, General Liability, Builder’s Risk, and subcontractor insurance requirements
Strong analytical skills with the ability to interpret claims data, audits, and financial reports
Excellent organizational skills and attention to detail
Strong communication skills and ability to work with internal teams and external partners
Proficiency in Microsoft Office and database or tracking systems

Nice To Haves

Bachelor’s degree in Risk Management, Finance, Business Administration, or a related field
Experience in construction, engineering, or industrial environments
Familiarity with insurance audits, claims processes, and contract insurance language
Experience working directly with insurance brokers and carriers

Responsibilities

Maintain and manage the Certificate of Insurance (COI) database for all construction projects, ensuring accuracy and compliance
Administer and oversee various Owner Controlled Insurance Programs (OCIP), including enrollment, reporting, ongoing compliance and cost reconciliation
Coordinate subcontractor enrollment in OCIP and track participation, exclusions, and status changes
Review insurance coverage requirements in contracts and confirm alignment with company and project needs
Monitor and support Workers’ Compensation, General Liability, Builder’s Risk, and other project-related insurance programs
Assist with claims management, including documentation, reporting, and coordination with carriers and brokers
Analyze insurance data from audits, claims, and financial reports to identify trends, risks, and opportunities for cost savings
Serve as a liaison between Prime Controls, insurance carriers, brokers, and project teams
Support internal and external audits related to insurance and risk programs
Prepare reports and summaries for leadership related to insurance coverage, claims activity, and risk exposure
Partner with Safety, Legal, Finance, and Project Management teams to support overall risk mitigation efforts