Senior Director, Risk Management & Insurance (Remote)

SOLV Energy•San Diego, NV

2d•$181,566 - $241,483•Remote

About The Position

The Senior Director, Risk Management & Construction Risk serves as SOLV Energy’s senior risk leader and trusted advisor to executive leadership. The role develops and executes a comprehensive risk management strategy aligned with the Company’s operational, financial, and growth objectives. It provides enterprise-wide leadership across risk management, insurance, surety, claims, contractual risk transfer, alternative risk financing, and loss prevention, in partnership with Operations, Preconstruction, Safety, Fleet, Finance, Human Resources, and Legal. The position helps strengthen the Company’s risk profile, enhance surety capacity, reduce total cost of risk, and evaluate risk financing solutions such as captive insurance and self-insurance structures. This fully remote position leads the Company’s Enterprise Risk Management framework and advises executive leadership and the Board on enterprise, operational, financial, contractual, and emerging risks. It partners with project teams on project pursuits and execution, oversees corporate and project insurance programs, leads surety strategy, and evaluates alternative risk financing. The role also oversees claims and contractual risk practices; works with Safety and Fleet leaders on loss reduction; and builds, develops, and leads the risk management organization. Applicants must be legally authorized to work in the U.S. without requiring employer sponsorship now or in the future. The position offers a salary range of $181,566 to $241,483.

Requirements

Bachelor’s degree in Risk Management, Insurance, Finance, Business Administration, Construction Management, Engineering, or a related field.
15 or more years of progressive experience in enterprise risk management, project risk, construction risk, insurance, or operational risk within EPC, industrial construction, energy, infrastructure, or related sectors.
Significant experience managing large-scale insurance and risk financing programs.
Demonstrated success overseeing surety programs supporting large and complex construction projects.
Proven track record managing complex claims and litigation matters.
Experience partnering directly with executive leadership teams and Boards of Directors.
Strong understanding of construction operations, project delivery methods, and contractual risk environments.
Strong capabilities in strategic leadership, enterprise risk management, insurance, surety, contract risk management, financial analysis, executive communication, negotiation, cross-functional leadership, data analytics, and team development.
Legally authorized to work in the U.S. without requiring employer sponsorship now or in the future.

Nice To Haves

MBA, master’s degree in Risk Management, or related advanced degree.
Experience with captive insurance, self-insurance, large deductible programs, or alternative risk financing structures.
CPCU (Chartered Property Casualty Underwriter) certification.
CRM (Certified Risk Manager) certification.
ARM (Associate in Risk Management) certification.
CRIS (Construction Risk and Insurance Specialist) certification.
ACI (Associate in Captive Insurance) certification.

Responsibilities

Lead and continuously enhance the Company’s Enterprise Risk Management framework; develop risk assessments, registers, key risk indicators, executive reporting, and dashboards.
Advise executive leadership and the Board on enterprise, operational, financial, contractual, and emerging risks; facilitate risk reviews and strategic planning discussions.
Identify and evaluate emerging risks affecting construction operations, workforce planning, project delivery, markets, cybersecurity, environmental exposures, and regulatory compliance.
Provide risk guidance on major business initiatives, acquisitions, geographic expansion, and strategic investments.
Partner with Operations and Preconstruction to assess project pursuit and execution risks and support go/no-go decisions.
Develop risk assessment protocols for large, complex, or non-traditional projects and participate in strategic reviews of major projects.
Provide executive oversight of corporate and project-specific insurance programs, lead renewals and insurance strategy, negotiate coverage and pricing, and maintain relationships with insurers, brokers, and underwriting partners.
Evaluate insurance solutions, benchmark programs, oversee insurance audits and premium allocations, and manage project-specific placements and controlled insurance programs when applicable.
Evaluate alternative risk financing strategies, including captive insurance, self-insurance, and large deductible programs; develop financial models and business cases; and oversee approved program implementation and governance.
Lead the Company’s surety bonding strategy, maintain surety relationships, monitor bonding capacity, coordinate reporting, negotiate bond terms, and forecast capacity against growth and project opportunities.
Oversee claims across workers’ compensation, liability, builder’s risk, automobile, environmental, and professional liability; manage complex and litigated claims; monitor reserves and litigation strategy; and identify loss-reduction opportunities.
Oversee review and negotiation of risk-related contract provisions and establish contractual risk standards and review processes in partnership with Legal and Operations.
Partner with Safety and Fleet leaders on enterprise-wide loss reduction, monitor safety and risk indicators, and communicate the financial impact of safety and risk-control initiatives.
Build and lead a high-performing risk management organization, mentor team members, develop succession capability, and champion a proactive risk culture.
Serve as the organization’s primary resource for risk management education and awareness.