This position is responsible for risk identification, analysis, administration, monitoring, and management in support of the Company's Risk Management policies and procedures and in a manner consistent with the Company's risk retention strategies.
Essential Job Accountabilities
Manage relationships with financial partners and company-wide departments to allow for timely and effective identification and handling of risk and/or cost management.
Work closely with brokers/underwriters/adjusters to evaluate risk, explore options, and adequately address issues in an effort to optimize risk management.
Responsible for analysis, reporting, and training to keep management and stakeholders apprised of critical issues.
Identify and initiate process improvements; present recommendations, develop, implement, and maintain process improvements in support of the Company’s Continuous Improvement efforts.
Lead, coach and develop staff to ensure sufficient training of their current responsibilities and cross-train for future opportunities, to keep the employees engaged and to ensure coverage for the department.
Functional Job Accountabilities
Manage all insurance programs, including tracking, billing, audits, OCIP enrollments, evidence of insurance, regulatory administration, reporting, and renewals (complete application and supplementary information, make recommendations, negotiate) of insurance policies to maintain compliance and ensure adequate protection.
Direct the formation and administration of Company captive to facilitate strategic risk management. Identify and develop the costs and benefits of insuring vs cost to retain risk so as to promote the adequate deployment of capital.
Understand and oversee all activities related to Company’s Insurance Cost Savings Program including quarterly forecasting of insurance recovery, retro calculations, program renewal, and year-end rebate activities.
Manage subcontractor compliance to ensure appropriate risk transfer. Guide operations in securing proper subcontractor agreements, insurance coverage, and bonding. Provide regular training and audit for compliance with Company policies and procedures.
Work closely with other Risk Managers to coordinate activities including, but not limited to: insurance program placements, audits, renewals, subcontracting, and staffing.
Advise the Sr. Risk Manager of critical risk issues to ensure compliance with Company’s risk tolerance.
Bachelor’s Degree in Business Management, Economics or related major required
Demonstrated high level of proficiency with MS Office Suite and the ability to learn new software quickly
Excellent presentation, written, and verbal communication skills to effectively disseminate information and convey concepts, ideas, and information
Strong analytical and problem-solving skills, with demonstrated ability to provide creative solutions to real-time challenges with consistent follow through
Attention to detail/accuracy, quick learner, and internally motivated to seek out answers, generate ideas, and develop new skills
Extremely organized with ability to set priorities and work in a high production environment while responding quickly and effectively under pressure, changing priorities, and tight deadlines
Team player who can operate effectively within a matrix management environment
Excellent consultative and communication skills and ability to interface effectively with all levels of employees/management
Knowledge of risk management strategies and construction industry
Demonstrates good judgment in selecting methods and techniques for obtaining solutions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk and hear. The employee frequently is required to stand, walk, sit and use hands to operate a computer keyboard. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Understand, comply, and support corporate safety initiatives to ensure a safe work environment
Ability and willingness to abide by Granite’s Code of Conduct on a daily basis
Life at Granite
Our most powerful partnership is the one we have with our employees. Our people are our most valued asset and the foundation of Granite’s nearly century-old success. When you join our team, you join a close-knit culture in which collaboration is encouraged, excellence is rewarded and diversity is respected and valued. We’re building more than infrastructure, we are building your future.