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
  
  

• 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