We have an exciting opportunity for an experienced Director of Risk Management to set the framework for a successful comprehensive risk management & insurance program with emphasis on risk identification, risk mitigation, risk transfer & retention strategies. This position will be based out of our Corporate office in Cheshire, CT office.
-Identify potential threats to the financial stability and reputation of the company.
-Deliver regular risk analysis reports to company executives complete with actionable plans for avoiding or preventing potential threats.
-Work with client/owner insurance representatives to ensure proper placement and coordination of any project specific insurance policies.
-Analyze and understand insurable risks and potential risk mitigation opportunities; interact with operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage.
-Manage day-to-day interaction between estimating and operations with brokers and insurers related to risk management and insurance issues.
-Participate in project selection and approval processes.
-Develop and monitor process to identify and adequately price project specific risks during estimate phase of projects.
-Review and analyze terms and conditions associated with proposed Controlled Insurance Programs (OCIPs and CCIPs); function as liaison between all participants.
-Oversee internal claim management efforts (workers compensation, general liability, automobile liability, builders risk) to include oversight of third party administrators, insurers, and defense attorneys.
-Review and analyze loss control and trending reports, and coordinate with Safety to develop appropriate action plans.
-Assist with compilation and development of data for annual renewal of corporate property and casualty insurance program, including management of brokers, approval of submissions, and negotiation of terms and premiums.
-Perform other duties as assigned.
Bachelor’s degree in Accounting, Business Administration or related field.
10 + years of background experience in a related environment. This could be a mix of insurance, Risk Management, Surety broker, and construction finance/accounting experience.
Proven track record in risk identification/mitigation & transfer.
Excellent Analytical, organizational, interpersonal, verbal & written communication skills.
Comprehensive knowledge of traditional risk management principles and practices.
Excellent time management skills and the ability to interact/influence multiple stakeholders.