Falls Church, VA, United States of America
20 hours ago
Manager, Insurance & Risk Management

Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.

Manager, Insurance & Risk Management

Job Description:

 

The Manager, Insurance & Risk Management is a leader in the Insurance & Risk Management team responsible for leading multiple functions, including execution of property & casualty insurance, surety, subcontractor default insurance, and captive insurance.  They provide daily consistent management and oversight for all insurance functions including risk management, insurance, risk finance, captive insurance, and contractual risk transfer. 

The Manager, Insurance & Risk Management is a business partner across the organization advising both internally and externally as subject matter expert on insurance and risk management topics. They collaborate with team members to deliver corporate initiatives that fulfill the firm’s strategic objectives. The Manager, Insurance & Risk Management is often responsible for achieving departmental and company goals and initiatives and consistently carrying out processes and policies that support the organization. 

The ideal candidate is regarded as an expert in a broad scope of insurance and risk management functions and is confident leading subject matter experts where they may be less technically trained. They will have a breadth of experience in insurance and surety, preferably with a strong acumen in construction risk management and risk financing. They are a passionate advocate for risk management and construction safety. They care deeply about success of the organization and bring energy to advancing the risk management plan. This role requires an eye for detail, the ability to influence, financial analysis acumen, and a deep sense of accountability and ownership.  The Manager, Insurance & Risk Management identifies and implements processes to maximize team efficiency.  The Manager, Insurance & Risk Management supervises, develops, and mentors multiple levels of team members, and reports directly to the Vice President, Insurance & Risk Management in the Insurance & Risk Management Department.

Responsibilities

Property & Casualty Insurance

Managing annual insurance renewal process for construction operations for all lines of property & casualty including casualty, equipment, builder’s risk, pollution liability, professional liability, management liability, cyber, and related financial lines.

Managing and elevating HITT’s overall property & casualty insurance portfolio, including HITT’s captive and affiliated companies

Overseeing, managing, and developing broker and carrier relationships

Overseeing Controlled Insurance Program (CIP) participation; including procurement of CCIP and enrollment in OCIP

Surety

Managing and optimizing HITT’s surety program

Overseeing, managing, and developing broker and surety relationships

Insurance & Risk Management Thought Leadership

Providing novel approaches to construction insurance to create value for our industry partners, subcontractors, and clients

Collaborating, designing, developing, evaluating, and recommending various risk management strategies, guidelines, and programs, suggesting changes as needed, and ensuring implementation.

Establishing and implementing risk management policies, procedures and processes, and advocating organization-wide efforts to protect key assets and engaging stakeholders in risk management activities

Periodic Risk Management communications, presentations, and articles

Developing company-wide training on matters of insurance and risk management

Financial

Maintaining and controlling costs, as dictated by the departmental budget.

Financial modeling, reconciliation, and reporting

Executing financial management programs, including strategies, policies, and procedures for recovery of insurance costs

Risk Data

Overseeing internal insurance & risk management related reporting for both HITT and HITT’s captive

Periodic reporting to Board of Directors on relevant risk management trends

Enterprise Risk Management

Collaborating with operations, safety leadership and other departments on matters pertaining to Risk Management and emergency response

Overseeing efficient use and implementation of Tools/Systems/Processes, including:

COI compliance management

Risk Management Information System (RMIS)

Insurance Claims

Familiarity with liability, property, and workers compensation claims handling practices

Ability to support claims team as needed

Other duties as assigned

Qualifications

Bachelor’s Degree in Risk Management, Business, Finance, Economics, Safety, or related fields preferred, but not required; in lieu of a degree, additional work experience is acceptable

A minimum of 5-8 years of experience in insurance and risk management (brokerage or in-house experience), with more than 5 years at the management level.

Experience in the architecture/engineering/construction (AEC) field or commercial real estate development highly desirable

CPCU, ARM, CRM, CRIS, P&C license desirable

JD, MBA, MS-RMI desirable

Required:

Ability to fully understand complex insurance and risk management concepts including ability to read and interpret policy language

Solution-focused problem solving and critical thinking skills considering varied perspectives

Project-management minded time management for managing multiple projects, deliverables, deadlines, and priorities

Comfortable with construction contract insurance and surety review, interpretation, and drafting

Adept with data analytics and Microsoft Excel

Exceptional written and oral communication skills to clearly articulate insurance concepts, process, and expectations

Experience managing loss sensitive casualty insurance programs through insurance and captive markets is highly desirable

Exceptional written and oral communication skills

Strong ability to deliver timely, targeted, concise, and persuasive communication to leadership; ability to analyze complex concepts and summarize.

Comfortable with managing large data sets, creating charts/tables, and drawing conclusions from these data

Experience managing multiple concurrent projects and teams

Excellent organization, analytical, leadership, and critical thinking skills

HITT Contracting, Inc. is committed to creating a diverse and inclusive environment. We are proud to be an Equal Opportunity and Affirmative Action Employer providing opportunities to all employees and applicants without regard to race, sex, national origin, religion, age, disability, veteran status, genetic information, sexual orientation, gender identity and any other protected status in accordance with applicable law.

Women, minorities, individuals with disabilities, veterans, and LGBTQ+ individuals are encouraged to apply.

HITT Contracting, Inc. promotes a drug-free workplace.

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