SUMMARY/OBJECTIVE:

The Insurance and Risk Manager is responsible for the company’s insurance programs. Will work closely with insurance broker, adjusters, TPA’s, and more to ensure company insurance programs are in place to prevent and minimize losses. Assists with the management of insurance claims, litigation, and escalated warranty claims.

ESSENTIAL JOB DUTIES:

• Administer the company’s insurance program bidding, implementation, enrollment, and renewal for all lines of coverage for the company and all construction projects (OCIP, non-OCIP, Builders Risk) to prevent or minimize losses.
• Research and recommend insurance programs such as: Group Captive Insurance, Single Parent Captive Insurance, Owner Controlled Insurance Programs (OCIP) insurance programs.
• Support the administration of insurance policies that require ongoing management; examples may include processing registrations, payment, reporting, analysis, claims management, and more.
• Assist in the development, maintenance, and communication of risk management and site safety policies and procedures.
• Identify potential areas of risk and recommend and implement preventive measures.
• Work with subcontractors and insurance professionals regarding insurance coverage compliance.
• Champion the process and coordination of claims, including case management, follow-up, adjuster review, etc.
• Maintain claim documentation and update management monthly.
• Attend claims review meetings to review take necessary action on claim status updates from broker, counsel, adjusters, and TPA’s.
• Track subpoenas and coordinate the gathering of information required to submit prior to the deadline.
• Manage relationships with vendors, including but not limited to broker, coverage counsel, adjusters, TPA’s, and underwriters.
• Possesses a thorough understanding and the ability to negotiate insurance policy terms and conditions on all insurance programs, claims, SIR, and deductible contribution.
• Assist in the coordination and review of company bonds.

EDUCATION, KNOWLEDGE, SKILLS AND ABILITIES:

• AA/AS degree or higher preferred, High School diploma or GED required.
• 5+ years’ experience in insurance, risk management, finance, and/or business administration. Construction industry a plus.
• Working knowledge of the principles, practices, and methods of the Insurance and Risk Management field.
• An understanding of policy language related to property, builder’s risk, and general liability as relates to construction projects and experience to advocate for and manage claims.
• Show a high level of care in handling sensitive, complex, and confidential information.
• Advanced knowledge in MS Office Suite, Adobe, DocuSign, and able to learn and master PunchList Manager.
• Strong Customer Service skills; Strong written communication skills.
• Excellent organizational and multitasking skills. Ability to prioritize daily incoming tasks.