Risk and Compliance Manager

Risk and Compliance Manager

Our client is a premier development and construction company with a legacy spanning over 135 years, committed to transforming the way people live, work, and connect.

Operating in select markets worldwide, they utilize their extensive expertise to craft innovative and sustainable solutions.

As they continue to grow and undertake innovative projects in select locations, they are seeking an Insurance Manager who understands all aspects of insurance and surety related to the heavy civil construction business.

In this role, you will demonstrate a proven ability to thrive in a high-pressure environment, coupled with extensive experience in bidding jobs, placing insurance, and managing insurance and surety programs.

This Role Offers :

Contribute to a sustainable future improving the lives of people, communities, and companies. Collaborate in an open culture where strong values and committed individuals unite to achieve outstanding results.

Excel in a people-focused international company that offers numerous opportunities for learning and growth. Comprehensive Health Coverage Access to 401(k) with company match to help you save for your future.

Generous PTO policy, including vacation, holidays, and sick leave. Professional Development Life and Disability Insurance.

Employee Assistance Program (EAP) A collaborative, inclusive, and supportive work culture that values diversity and teamwork.

Focus :

Independently purchase insurance and negotiate terms and pricing with various and different insurance carriers.

Close out insurance issues for projects with respect to insurance carrier audits. Negotiate collateral and collateral refunds from carriers.

Maintain a fundamental and thorough understanding of the claims process, especially regarding reserves and the development of claims.

Understand all aspects of the surety program, including pricing for bids. Work with accounting to set up insurance accounts for coverage.

Conduct Prime and Subcontract contract reviews for insurance terms and verification, including the exercise of independent decision-making when procuring insurance under such terms.

Conduct owner contract reviews related to insurance and collaborate with the Legal department and project team to manage and mitigate risks.

Understand direct, indirect, consequential, and liquidated damages with respect to available insurance.

Skill Set :

Possess a thorough understanding of general liability, excess liability, workers’ compensation, professional liability, pollution liability, builders’ risk, property, equipment, and OCIP / CCIP policies, along with the insurance coverages included in these policies.

A 4-year college degree is required. Minimum of 5 years of relevant insurance experience as an insurance manager, underwriter, or claims manager.

High-level ability to work with complex spreadsheets. Proficiency in PowerPoint to develop and give presentations to senior management.

Ability to independently manage insurance projects for jobs. Ability to work with the estimating team on bids and the project team on insurance placements, promptly responding to inquiries and providing answers.

Understanding of the carrier billing process for premiums and claims. Proficiency with Microsoft Office products. Experience working within the construction industry.

Strong written and verbal communication skills. Ability to multi-task and function effectively as part of a team. Ability to maintain discretion and confidentiality.

Excellent time management and organizational skills.