Senior Director, Risk Management & Insurance

This is a fully remote position, open to applicants in Alabama, +44 more states.

📋 Description

• Spearhead the ongoing improvement of the Company's Enterprise Risk Management framework.

• Provide counsel to executive leadership and the Board regarding enterprise, operational, financial, contractual, and emerging risks.

• Create enterprise risk assessments, maintain risk registers, establish key risk indicators, and prepare executive reports and dashboards.

• Oversee risk reviews and strategic planning across various business functions.

• Assess emerging risks impacting construction operations, workforce planning, project execution, market conditions, cybersecurity, environmental concerns, and adherence to regulations.

• Offer risk advice for significant business initiatives, acquisitions, geographical expansion, and strategic investments.

• Evaluate risks associated with project pursuits and execution, supporting go/no-go decisions.

• Establish risk assessment protocols for large, intricate, or unconventional projects.

• Provide executive oversight for corporate and project-specific insurance programs.

• Manage insurance renewals and negotiate coverage structures, retentions, limits, and pricing.

• Assess insurance solutions and supervise insurance audits, premium allocations, and project-specific placements.

• Lead the evaluation and implementation of captive insurance, self-insurance, large deductible, and other alternative risk financing strategies.

• Develop financial models for Total Cost of Risk, reserve requirements, and long-term financial impacts.

• Direct the Company's surety bonding strategy, monitor bonding capacity, and negotiate bond terms and program structures.

• Oversee complex claims, litigation issues, claim development, reserve adequacy, and litigation strategies.

• Manage contractual risk transfer provisions and set company-wide contractual risk standards.

• Collaborate with Safety and Fleet leadership on initiatives for loss reduction and risk control.

• Build and lead a high-performing risk management team, mentor team members, and implement succession planning.

• Act as the primary resource for risk management education and awareness.

⛳️ Requirements

• Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, Construction Management, Engineering, or a related field is required.

• A minimum of 15 years of progressive experience in enterprise risk management, project risk, construction risk, insurance, or operational risk within EPC, industrial construction, energy, infrastructure, or related fields.

• Substantial experience managing large-scale insurance and risk financing programs.

• Proven success in overseeing surety programs related to large and complex construction projects.

• Established track record in managing complex claims and litigation matters.

• Experience working directly with executive leadership teams and Boards of Directors.

• Strong knowledge of construction operations, project delivery methods, and contractual risk environments.

• Candidates must be legally authorized to work in the U.S. without requiring employer sponsorship now or in the future.

• An MBA, Master's Degree in Risk Management, or a related advanced degree is preferred.

• Experience with captive insurance, self-insurance, large deductible programs, or alternative risk financing structures is strongly preferred.

• Preferred professional certifications include CPCU, CRM, ARM, CRIS, or ACI.

🏝️ Benefits

• Medical insurance

• Dental insurance

• Vision insurance

• Basic life insurance

• Disability insurance

• 401(k) plan

• Vacation pay

• Sick pay

• Holiday pay