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Vice President of Risk Management

Vice President of Risk Management

Big-D ConstructionSalt Lake City, UT, US
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Vice President Of Risk Management

Big-D is seeking a dynamic Vice President of Risk Management to join our team. This is an exciting opportunity to make a meaningful impact with a company dedicated to being the most sought-after in the industry. At Big-D, we hire exceptional, hard-working leaders who are lifelong learners, and we equip them with the resources to succeed. Our culture is built on growth, achievement, and innovationdriven by purpose and joy in the work we do.

The Vice President of Risk Management is responsible for overseeing the organization's insurance portfolio, claims management, broker relations, and enterprise risk strategies. This role reports to the Chief Financial Officer and works closely with the Risk Management Clerks, Claims Management, Safety, and various project teams to ensure best-in-class risk mitigation and insurance coverage across all operations.

Risk Strategy and Execution :

  • Responsible for the leadership, innovation, and management necessary to identify, evaluate, mitigate, and monitor the company's operational and strategic risk.
  • Work closely with the executive team to develop risk management goals and strategy and ensure proper risk management practices are in place.
  • Work closely with the company's COO's to assist in managing operational risk.
  • Create a culture of risk awareness and mitigation.

Key Responsibilities :

  • Insurance Program Management
  • Manage relationships with our insurance broker (excluding benefits)
  • Oversee wholly owned captive insurance company operations, including underwriting high-deductible policies and managing subcontractor default policies
  • Review and bind renewals for corporate practice insurance policies such as :
  • Corporate General Liability (CGL)
  • Professional and Pollution Liability
  • Directors & Officers (D&O) Liability
  • Master Builders Risk
  • Automobile
  • Equipment
  • Property Insurance
  • Workers Compensation Insurance
  • Facilitate project Builders Risk insurance for all projects and Rolling CCIPs for residential projects
  • Direct the review process for owner-provided insurance to ensure adequacy, including OCIP for CGL and / or workers compensation, and owner-provided Builders Risk
  • Supervise the reporting and management of insurance claims (excluding large or disputed claims handled by the Chief Legal Officer), including auto, workers compensation, builders risk, and CGL claims
  • Supervise Risk Management Clerks in reviewing subcontractor insurance certificates and compliance documentation
  • Support executives, project teams and office staff in insurance-related discussions with project owners
  • Enterprise Risk Management :

  • Develop and implement strategies and practices to reduce enterprise risk related to insurance
  • Develop effective training and communication programs
  • Work with the company's Director of Learning and Development as needed
  • Attend monthly National Safety Team meetings. Collaborate with the CFO and Safety leadership to increase the effectiveness of enterprise safety initiatives.
  • Qualifications :

  • Experience managing captive insurance companies
  • Strong understanding of enterprise risk management
  • Executive leadership experience
  • Experience with Safety programs and regulations
  • Ability to collaborate across departments and manage multiple priorities
  • Minimum of 10 years' experience in risk management and commercial insurance
  • Preferred Skills :

  • Advanced degree in risk management or compliance (preferred but not required)
  • Experience with large-scale construction project insurance
  • Demonstrated leadership in developing new programs and improving existing processes
  • Benefits :

  • 100% Coverage for medical and dental insurance for individual or family plans.
  • Employer Contribution into an HSA
  • 401k with Match
  • Long-Term & Short-Term Disability
  • Life Insurance
  • Other Supplemental Benefits
  • PTO & Holidays
  • Vehicle Allowance
  • Note : Interested applicants must submit their resume for consideration using our applicant tracking system. Due to the high volume of applications received, only candidates selected for interviews will be contacted. Candidates must be legally authorized to work in the United States. Unsolicited resumes from search firms or employment agencies, or similar, will not be paid a fee and become the property of Big-D Construction. #LI-Onsite

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    Vice President Risk • Salt Lake City, UT, US

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