Risk Manager
Chicago, IL 
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Posted 27 days ago
Job Description
The risk manager will assist the company in all matters of risk management and loss control, including insurance program oversight at all levels, and acting as a liaison among employees, project teams, subcontractors, owners, and insurance companies to assist with compliance of all company policies and processes related to risk management. 

As risk manager you will:
  • Responsible for identifying both company-wide and project specific insurance coverage needs, and for negotiating and placing adequate insurance structure and coverage and other forms of risk transfer while achieving the most competitive cost;
  • Responsibility for managing annual insurance renewal process;
  • Process applications for, changes to, reinstatement of, and cancellation of insurance policies; 
  • Help anticipate business risks, and determine effective contractual and financial solutions to cost effectively mitigate risk exposures;
  • Procuring and managing contractor controlled insurance programs on projects as applicable;
  • Procuring and managing Subcontractor Default Insurance programs on projects as applicable;
  • Procuring and managing Builders Risk policies on projects as applicable;
  • Management of pre-qualification program for subcontractors, suppliers, and other vendors of the company;
  • Serve as main liaison of communication with and information to underwriters, brokers, carriers, and other external insurance resources;
  • Process insurance claims on behalf of the Company and assist in the active resolution of open claims;
  • Perform contract review as it relates to risk management and insurance in conjunction with counsel and project executives, and communicate areas of risk and potential mitigation measures;
  • Identify subcontractor insurance requirements for each Project. Ensure subcontractor compliance, and develop system for tracking requirements and compliance;
  • Interact with other departments and provide excellent customer service to employees, subcontractors and clients; and maintain positive relationships with outside vendors;
  • Report to management on insurance matters as requested; and
  • Other duties and responsibilities as required.
To be successful in this position, you will:
  • Degree in risk management, business, finance, or related field preferred.
  • Minimum 10 years' experience in the risk management field, preferably with specific experience in the construction industry.
  • Broker’s license is preferred.
  • CRIS or CRM certification preferred.

James McHugh Construction Co. is an equal opportunity employer and does not discriminate on the basis of race, color, gender, religion, age, national origin, citizenship status, veteran status, sexual orientation, genetic information, disability, and or any other basis protected by law or company policy.

EOE of Minorities/Females/Vets/Disability

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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