Director of Risk Management jobs in United States
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Miller Bros. Const., Inc. · 6 hours ago

Director of Risk Management

MBC Holdings of Ohio, Inc. is a leading construction company committed to excellence and client satisfaction. The Director of Risk Management will oversee corporate and field risk management, ensuring compliance with regulatory standards and collaborating with various departments to implement effective risk management strategies in the construction industry.

Civil EngineeringConstructionReal Estate
Hiring Manager
Marcus McHugh
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Responsibilities

Insurance Management: Responsibilities include collaboration with finance group on the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers and other TPAs, preparing loss analyses and budgets, identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and managing safety/risk management manuals. This process must include collaboration with the finance group in determining the best overall value for MBC Holdings. Manage project insurance manual and ensure they are received and reviewed prior to project award dates
Claims Management: Mitigates the organization's exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs an internal process to ensure the proper and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Responsible for post loss reduction techniques such as salvage, subrogation and rehabilitation
Workers’ Compensation Claims Management: Manages accountabilities in the administration of first and third party worker's compensation claims. This role oversees claim management strategies critical to the organization's success. Understands and operationalizes programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome management; and the delivery of claim information. Manages litigated and moderately complex claims and is entrusted with significant settlement authority. Understands and communicates claims management philosophy and strategy to business unit and regional management. Builds, maintains, and manages relationships with claims adjusters, insurers, outside legal counsel, and other claims related parties. Ensures external reporting requirements are met. Operationalizes the design, analysis and delivery of claim information which influences risk management behavior through performance metrics and benchmarking
Risk Assessment Duties: Review, advise, and recommend company contract risk and negotiations. Establish and maintain compliance for Certificate of Insurance (“COI”) for general and subcontracting. To include subcontract and purchase order language for markups from vendors. Develop and implement subcontractor prequalification standard and execution strategy. Provide a risk assessment and recommendations on project mark ups and negotiations on a case by case basis. Oversee compliance for OCIP and CCIP projects with workers compensation, payroll, and enrollment and contract deadlines. Take into account financial, legal, environmental and reputational risks, plus risks to the workforce and organization they work for. Conduct risk assessments and develop risk profiles for each project, ensuring that all relevant risks are documented and understood by project teams. Provides a risk assessment on projects for internal review & negotiation with client
Business Management: Reports and oversees updated federal and state regulation changes for business risk management practices. Follows all regulations and recommend ramifications for internal processes. Establish monthly and quarterly market trends connected to business internal control measures. Work with contract administrators supporting business risk for pending contracts across the MBC Holdings enterprise. Review and coordination of subcontracts issued, reviewing our PO language specific to each state the company operates within. Evaluate existing policies and procedures to find weaknesses. Create contingency plans to manage crises. Work closely with project managers, health and safety teams, human resources and external legal counsel. Partner with vendors to make recommendations on identifying any subcontractor risk in new areas with our geographical growth
Safety Team Management: Provides day to day supervision, sets initiatives, and coordinates with the operations units of the greater Holdings team to ensure Safety First

Qualification

Risk management strategiesConstruction risk managementClaims managementCertified Risk Manager (CRM)Analytical skillsProactive approachLeadership abilitiesCommunication skillsProblem-solving skillsDetail-oriented

Required

Bachelor's degree in construction management, engineering, business administration or a related field is required
Proven track record of developing and implementing effective risk management strategies
Professional certifications such as Certified Risk Manager (CRM)
Minimum of 7-10 years of experience in construction risk management, project management or a related field
Proven experience managing risks on large-scale construction projects, preferably within the private and public sector
Strong understanding of risk management principles and practices in the construction industry, with a thorough understanding of construction operations and associated risks
Excellent analytical, problem-solving and decision-making skills
Strong communication and interpersonal skills, with the ability to collaborate effectively with a wide range of stakeholders
Strong leadership abilities with experience managing teams and fostering a collaborative work environment
Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels
Demonstrated ability to manage multiple priorities and drive results in a fast-paced environment
Detail-oriented with a strong focus on accuracy and compliance
Ability to work independently and manage multiple tasks and projects simultaneously
Initiative-driven with a proactive approach to risk management
Travel required is expected to be up to 20% but may increase over time as the business evolves

Preferred

Advanced degree in legal juris doctorate or Masters of Law preferred but not required

Company

Miller Bros. Const., Inc.

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As leaders in the construction industry for more than 60 years, Miller Bros. Const., Inc.

Funding

Current Stage
Growth Stage
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