Senior Manager, Risk Management
About The Position
The Senior Manager, Insurance & Risk Management is a subject matter expert responsible for leading the Insurance & Risk Management function across HITT’s family of operating companies. This role provides strategic vision and hands-on oversight for all insurance and risk management functions, with deep expertise in property & casualty (P&C) insurance, subcontractor default insurance (SDI), and surety. The Senior Manager manages and optimizes enterprise-wide insurance programs including commercial property casualty as well as risk financing and captive insurance; oversees contractual risk transfer initiatives; and drives departmental initiatives. Reporting directly to the Vice President, Insurance & Risk Management, this role serves as a strategic business partner to both corporate and operational leadership across the organization. The ideal candidate brings broad P&C expertise with strong construction industry acumen, is comfortable leading technical discussions with carriers, brokers, and legal counsel, and is a passionate advocate for sound risk management. This role demands sharp analytical skills, excellent communication skills, and a high degree of ownership and accountability. This role manages a team of insurance professionals and contributes to the organization as a subject-matter expert.
Requirements
- 7+ years of progressive insurance and risk management experience, with specific expertise in construction, manufacturing, or logistics industries.
- Demonstrated expertise in property & casualty insurance program design, placement, and management.
- Proven experience with surety bonding programs and carrier/broker relationship management.
- Experience with loss-sensitive and fronted casualty insurance programs.
- Familiarity with liability, property, and workers’ compensation claims handling practices.
- Ability to read, interpret, and apply complex insurance policy language.
- Comfortable with construction contract insurance requirements, surety review, interpretation, and drafting.
- Strong data analytics skills; proficiency in Microsoft Excel, including large data set management, charting, and drawing actionable conclusions.
- Exceptional written and verbal communication skills, with the ability to distill complex insurance concepts for varied audiences, including executive leadership.
- Project management mindset: able to manage multiple concurrent projects, teams, deliverables, and deadlines.
- Solution-focused critical thinker who considers varied perspectives and drives decisions with accountability and ownership.
- Strong organizational and analytical skills with a keen eye for detail.
Nice To Haves
- Bachelor’s degree in Risk Management, Business, Finance, Economics, Safety, or a related field preferred; equivalent work experience accepted in lieu of degree.
- Professional designations (CPCU, ARM, CRM) and/or active P&C license preferred.
Responsibilities
- Maintain and optimize enterprise-wide P&C insurance programs including general liability, workers’ compensation, auto, property, umbrella, professional liability, pollution liability, cyber, management liability, and builder’s risk across all HITT operating companies (general contracting, self-perform construction, manufacturing, and logistics).
- Lead the annual insurance renewal process, including market negotiations, coverage analysis and enhancements, and program design.
- Negotiate terms and pricing with carriers and brokers to optimize coverage and cost-effectiveness.
- Manage and optimize relationships with insurance carriers, brokers, loss control consultants, and legal counsel.
- Oversee and manage surety bonding programs and relationships.
- Develop and maintain broker and surety relationships to support bonding capacity and terms aligned with HITT’s project pipeline.
- Serve as liaison with the organization's captive manager, overseeing day-to-day administration, ensuring timely completion of regulatory filings, financial reporting, and compliance requirements across all licensed jurisdictions.
- Coordinate annual captive renewal process with the captive manager, including actuarial studies, feasibility analyses, loss reserve reviews, and premium calculations, while monitoring captive performance against funding and risk retention goals.
- Collaborate with the captive manager, auditors, and regulators to support annual audits, board meetings, and strategic planning initiatives, providing recommendations on captive structure, coverage lines, and capital adequacy.
- Develop and implement comprehensive, enterprise-wide risk mitigation strategies across diverse operational environments.
- Establish and enforce risk management policies, procedures, and processes; advocate for organization-wide engagement in risk management activities.
- Review, interpret, and advise on construction contract insurance and surety requirements.
- Collaborate with operations, safety leadership, and other departments on risk management and emergency response matters.
- Serve as insurance and surety strategic liaison to all operating companies.
- Manage the departmental budget and control insurance program costs.
- Execute financial modeling, reconciliation, and reporting for all insurance programs.
- Develop and implement strategies, policies, and procedures for insurance cost recovery.
- Oversee internal insurance and risk management reporting for HITT and captive insurance company.
- Analyze claims trends to identify root causes, implement corrective actions, and provide periodic reporting to leadership.
- Provide periodic reporting to the Board of Directors on risk management trends and program performance.
Benefits
- performance-based bonuses
- premium health care coverage including vision and dental
- employer-matched 401(k)
- wellness reimbursement program
- paid holidays and time-off
- other voluntary benefits and leave types
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What This Job Offers
Job Type
Full-time
Career Level
Senior
