What are the responsibilities and job description for the Risk Management Specialist position at XL Construction?
Description/Summary:
Our Risk Management department currently has an opening for a Risk Management Specialist. In this role you will serve a key function, of analyzing, reporting, and proposing solutions from a corporate and project team level perspective as it relates to insurable risk. We are a resolute and enthusiastic team building to improve lives. We are seeking someone with foundational insurance knowledge, who is seeking career growth within construction risk management.
Responsibilities:
Knowledge, Skills, and Abilities:
Our Risk Management department currently has an opening for a Risk Management Specialist. In this role you will serve a key function, of analyzing, reporting, and proposing solutions from a corporate and project team level perspective as it relates to insurable risk. We are a resolute and enthusiastic team building to improve lives. We are seeking someone with foundational insurance knowledge, who is seeking career growth within construction risk management.
Responsibilities:
- Assure with Subcontractor insurance compliance
- 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.
- Assist with management of corporate Subcontractor Default Insurance program including coordination with internal teams, external sales discussions, and management of broker and insurer relationships.
- Provide responses to Owner insurance requests and reviews
- Process Bond requests as directed
- Perform monthly reporting/data gathering for Risk Management
- Assist with DBIA and AIA contracts processing maintenance
- Gather renewal information for all insurance coverage, maintenance of all policies and forms
- Code and process expenses and invoices for risk department
- CCIP Quarterly Financial Reporting
- Drafts and delivers reports and presentations outlining findings, identifying, and explaining potential risks, and recommending solutions.
Knowledge, Skills, and Abilities:
- College degree preferred or applicable industry experience (3-5 years of experience)
- Strong insurance acumen as it relates to construction exposure
- Knowledge with a general contractor of industry practices and regulations
- Accounting/Finance project experience is a plus
- Strong verbal and written communication skills
- Analytical, meticulous
- Software – MS Suite, accounting software (Vista, , insurance CCIP administration experience a plus