Apply on Employer Site

Overhead Door Corporation · 1 day ago

Risk Manager

Lewisville, TX

Full-time

Onsite

Senior Level

7+ years exp

Overhead Door Corporation is seeking an experienced and strategic Risk Manager to enhance their risk management framework. The Risk Manager will identify, assess, and mitigate risks to protect the company's financial health and operations while collaborating with various teams to develop and enforce policies that ensure business continuity.

Building MaterialManufacturingProduct Design

Responsibilities

Lead the development and execution of comprehensive risk management strategies for all areas operations

Continuously monitor industry trends, regulatory changes, and operational developments to adjust risk strategy accordingly

Collaborate with Executive Leadership to define and align the organization’s risk appetite with operational objectives

Present analysis of enterprise risk exposures, insurance performance, and claim trends to senior leadership, insurers, and financial stakeholders

Analyze loss data across all lines of insurance (e.g., General Liability, Workers' Compensation, Property, Auto, Pollution, D&O) to identify trends and implement corrective action plans

Partner with plant managers, project leads, and operational supervisors to identify hazards and implement mitigation strategies

Deliver risk awareness training and resources to departments across the organization to promote a culture of safety and accountability

Support internal quality and safety committees by updating policies and procedures to align with risk control best practices

Maintain industry expertise through ongoing professional development and participation in risk forums and conferences

Manage one direct report and provide support for employee benefits and workers’ compensation administration

In partnership with brokers and insurers, design and manage risk financing strategies that align with corporate objectives, including traditional placements, wrap-ups, and project-specific programs

Oversee the annual marketing and renewal of all insurance lines, ensuring adequate limits and appropriate retentions in alignment with the company's risk appetite

Conduct due diligence and risk assessments on acquisitions and new development opportunities

Collaborate with Finance and Project Management teams to: Develop the annual risk management budget and allocate insurance and loss costs across facilities, job sites, and business units. Monitor the total cost of risk and implement cost control measures. Track and allocate claim reserves and deductibles across operational units. Review and assess legacy contracts to ensure they align with current insurance structures and compliance requirements

Review insurance and indemnity provisions in construction contracts, supplier agreements, and other legal documents to ensure risk is appropriately transferred

Manage the organization’s surety bond program, including bid bonds, performance bonds, payment bonds, and license/permit bonds; ensure bond capacity supports ongoing and future project needs

Coordinate with project and legal teams to assess bonding requirements in construction contracts and ensure timely bond issuance and compliance

Supervise claim management functions across all lines, including workers’ comp, liability, auto, and property

Review claim files, assess financial exposure, establish reserves, and approve settlements within authority

Direct outside counsel in defense strategies and manage litigation through mediation, arbitration, and trial as needed

Support facilities and job sites with incident response and reporting for theft, cyber events, property damage, and workplace injuries

Analyze claims history for recurring trends and assess opportunities for loss portfolio transfers or alternative risk financing structures

Provide support to internal and external legal counsel in managing claims and contract disputes

Contribute to special projects, internal audits, and other responsibilities as assigned

Qualification

Risk ManagementInsurance Program ManagementClaims ManagementCPCU CertificationARM CertificationCRIS CertificationAnalytical SkillsCommunication SkillsLeadership SkillsCross-functional Collaboration