What are the responsibilities and job description for the Director of Risk Management position at The Beck Group?
Who We Are
We're The Beck Group, the largest and most innovative integrated building firm in the country. We are focused on delivering design and construction excellence on a broad range of project types. Headquartered in downtown Dallas, with offices in Atlanta, Austin, Charlotte, Denver, Fort Lauderdale, Fort Worth, Mexico City, and Tampa, we believe a better process and outcome results from working together. At Beck, you will find yourself surrounded by passionate colleagues who have a collaborative mindset and care about each other. We are committed to hiring the best and brightest within our industry, and that's why we are seeking experienced professionals like you to help transform the industry and continue building Beck's respected reputation.
What You Bring To The Table
To evaluate, measure, assess, control and finance the operational and legal risks associated with the Company’s operations, management and related strategies in a manner consistent with the Company’s acceptable levels of risk retention. To plan, design and implement industry specific, world class risk management programs and processes which protect assets, people, net income and liability. To lead the management and project teams as the company’s primary source of internal expertise on insurance matters, contract risk and rates. To manage and direct insurance claims and litigation. To ensure that staff is fully utilized and developed and that strong relationships are maintained with all business units in a manner consistent with Company policies and procedures.
Key Responsibilities
Identify, assess, evaluate, quantify, control and finance exposures to loss from Company management and operations; Plan, coordinate, implement and monitor effective and efficient procedures for controlling risk, financing loss, and minimizing exposure to the Company:
EDUCATION:
Bachelors Degree in Accounting, Finance, Risk Management, Economics, Finance; Legal education or training a plus; CPA a plus. Professional designations desired (ARM, CPCU, CRIS, etc.)
Experience
Frequently required to sit, stand, and move about the office; frequently operates a computer and other office productivity equipment; may lift and move up to ten pounds; constantly communicates with project teams, Beck employees, and external vendors; ability to adhere to timely and consistent attendance.
Join our team and build your future with Beck.
The Beck Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time
Beck’s Benefits
At Beck our team member experience goes beyond your day-to-day work activities – we also want to support the rest of your life goals, milestones and challenges. We strive for thrive – we want you to thrive in your wellbeing, finances, and community.
Benefits
In addition to robust coverage for medical, dental, vision, life & disability benefits, Beck is pleased to offer its team members:
The Beck Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.
We're The Beck Group, the largest and most innovative integrated building firm in the country. We are focused on delivering design and construction excellence on a broad range of project types. Headquartered in downtown Dallas, with offices in Atlanta, Austin, Charlotte, Denver, Fort Lauderdale, Fort Worth, Mexico City, and Tampa, we believe a better process and outcome results from working together. At Beck, you will find yourself surrounded by passionate colleagues who have a collaborative mindset and care about each other. We are committed to hiring the best and brightest within our industry, and that's why we are seeking experienced professionals like you to help transform the industry and continue building Beck's respected reputation.
What You Bring To The Table
To evaluate, measure, assess, control and finance the operational and legal risks associated with the Company’s operations, management and related strategies in a manner consistent with the Company’s acceptable levels of risk retention. To plan, design and implement industry specific, world class risk management programs and processes which protect assets, people, net income and liability. To lead the management and project teams as the company’s primary source of internal expertise on insurance matters, contract risk and rates. To manage and direct insurance claims and litigation. To ensure that staff is fully utilized and developed and that strong relationships are maintained with all business units in a manner consistent with Company policies and procedures.
Key Responsibilities
Identify, assess, evaluate, quantify, control and finance exposures to loss from Company management and operations; Plan, coordinate, implement and monitor effective and efficient procedures for controlling risk, financing loss, and minimizing exposure to the Company:
- Understand the risk associated with the Company’s operational and business strategies
- Understand the Company’s risk retention philosophies
- Identify and obtain operational information needed to make sound risk decisions
- Actively manage all insured claims and litigation; develop and implement resolution strategies in coordination with Legal Department for all disputes; actively manage adjuster and claims administrators activities, setting and enforcing authority levels; closely monitor all reserve activity
- Engage outside actuary to evaluate loss reserves and captive funding twice a year
- Manage relationship with Captive Manager, reviewing all work and periodic financials
- Assess and evaluate contractual documents and work situations to determine potential risk and liability in a manner that insures all contractual, operational, and business risks have been identified and that risk solutions are consistent with the Company’s acceptable levels of risk retention
- Make recommendations to reduce/control risk which may involve risk financing alternatives or placement of insurance coverage, and which will protect against residual risk or unplanned costs
- Develop and maintain familiarity with insurance markets, legislative activity and court decisions related to risk management issues
- Proactively advise management on new initiatives within the surety and insurance markets
- Take the lead in evaluation of contractual terms and conditions on high risk and/or new business ventures
- Take corrective action and/or refers problems to appropriate area within the Company
- Develop overall departmental strategic plan
- Assist department managers with specific problems, issues, contract liabilities, and questions
- Manage relationships with surety and insurance underwriters
- Convey Company’s risk retention philosophies as relates to specific market
- Manages underwriters risk concerns
- Provide leadership in compliance, risk management and corporate governance
- Monitor that all risk management standards and guidelines are being followed
- Maintain strong communication and excellent working relationships with other business units
- Develop networks to solicit information and promote the Company’s risk philosophies
- Implement quality processes to insure effective decision making and continuous
- improvement of all activities
- Support and participate in Company’s Strategic Planning activities
- Excellent collaboration, verbal and written communication skills
- Competency with claims management systems, Excel and PowerPoint tools
- Skilled in explaining complex issues clearly
- Able to break down problems into meaningful parts so that risk can be understood
- Advanced analytical, organization, and interpersonal skills
- Demonstrated strong project management skills
- Attention to detail and accuracy
- Adept at coping with pressure and deadlines
- Skilled in process improvement
- Willing to adapt quickly to quick changes in direction
- Internally motivated to seek out answers, generate ideas
- Bachelor's degree in finance, business, risk management, or a related field.
- 10 years of progressive experience in property and casualty risk management, with a proven track record of success in leading complex risk management initiatives.
- Professional certifications such as ARM or CPCU are strongly preferred.
- Exceptional communication skills with the ability to engage and influence stakeholders at all levels of the organization.
- Strong analytical aptitude and strategic mindset with the ability to drive data-informed decision-making.
- Demonstrated leadership capabilities with a focus on fostering a culture of collaboration, accountability, and continuous improvement.
EDUCATION:
Bachelors Degree in Accounting, Finance, Risk Management, Economics, Finance; Legal education or training a plus; CPA a plus. Professional designations desired (ARM, CPCU, CRIS, etc.)
Experience
- Experience evaluating insurance coverage, interpreting policy language
- Extensive knowledge of the commercial insurance marketplace
- Working knowledge of captive insurance company operations
- Working knowledge of insurance accounting, cash flows, financial statements
- Experience managing claims and litigation; working with third party claim administrators and defense counsel in directing resolution activities and developing claim strategies
- Working knowledge of the construction industry
- Extensive knowledge of surety and insurance markets and products
- Basic knowledge of enterprise risk concepts
- Experience in leading, coaching and developing staff and teams
- Experience in presenting and preparing proposals to insurance carriers
- Experience advising and guiding executive leadership teams with Risk issues
Frequently required to sit, stand, and move about the office; frequently operates a computer and other office productivity equipment; may lift and move up to ten pounds; constantly communicates with project teams, Beck employees, and external vendors; ability to adhere to timely and consistent attendance.
Join our team and build your future with Beck.
The Beck Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time
Beck’s Benefits
At Beck our team member experience goes beyond your day-to-day work activities – we also want to support the rest of your life goals, milestones and challenges. We strive for thrive – we want you to thrive in your wellbeing, finances, and community.
Benefits
In addition to robust coverage for medical, dental, vision, life & disability benefits, Beck is pleased to offer its team members:
- 401k match and free SmartDollar program for financial wellness
- Free dedicated financial coach
- Personal health & fitness program for tracking activities & earning rewards
- Paid family leave
- Health discounts on medical premiums
- Free comprehensive health screenings
- Free health coach program for weight-loss & hypertension management
- Financial & behavioral support for family forming journeys (ex. Fertility, adoption, pregnancy, and parenthood).
- Free Life Coach
- Pet insurance discount
- Organized projects and events to support our communities
The Beck Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, or genetic information. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.