Enterprise Risk Manager
The James Allen Companies Inc.
Enterprise Risk Manager
The Enterprise Risk Manager is responsible for the overall management of our corporate risk management/insurance program with a concentration on risk identification, risk transfer and risk retention techniques. This position requires a balance of risk and reward, and the ability to coach project teams in balancing the two. Works in close collaboration with operations/project management, safety, human resources, legal, finance and estimating; while implementing risk management policies and processes to protect company’s assets and minimize liability exposures.
We put a high premium on the kind of people who dig the details and have the skills to orchestrate them to perfection in a high-energy environment.
For more than 125 years, our client has offered a diverse set of real estate development and design-build construction solutions for commercial clients. Established in 1894 and employee-owned since 2014, the company specializes in build-to-suit and speculative commercial projects, including industrial facilities, office and medical buildings, multi-unit residential, as well as urban mixed-use developments. Our company’s growth is fueled by a strong commitment to our core values and the constant cultivation of a best-in-class team. Rooted in design-build construction, our development approach integrates all functions in-house including design, project management, finance, leasing, and ongoing portfolio management.
Building pride in the community is at the heart of what we do. Not only do we help revitalize urban neighborhoods and support suburban communities embracing a future-forward perspective, our employee-owners commit their talent, time, and treasure to many local causes. Across each of our markets, our employee-owners are actively engaged in community-based and non-profit organizations. Taking ownership by giving back is a part of what we are and always will be.
We pride ourselves on a culture that inspires, challenges, supports, and rewards our employee-owners. Our passion is contagious, our sleeves are always rolled up, and our doors are always open to new inventive, collaborative team members.
Essential Job Functions
- Analyze and understand insurable risks and risk mitigation opportunities; educate and interact with operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage.
- Interact and educate internal teams (design-build, operations, legal, finance, human resources) on risks and risk reduction opportunities.
- Develop and lead review and decision-making process on subcontractor insurance coverage issues, and coverage level determinations.
- Develop process for incident reporting.
- Review and track all bond issuances, renewals, and retirements.
- Review, initiate and direct insurance coverage and pricing, including project specific insurance policies and comprehensive corporate level policies.
- Manage relationships between the company and insurance brokers and surety company, to facilitate placement of insurance policies and bonds, and notify insurance brokers of potential claims.
- Handle external and internal claims management efforts, including internal communications and external communications with brokers, insurers, and attorneys.
- Oversee annual renewal of property and casualty insurance program.
- Cultivate relationships within the construction insurance industry, in order to stay abreast of insurance products, issues, and pricing.
- Manage revisions to the Master Subcontracting Agreement and all related compliance issues.
- Manage master Builders Risk program, including reporting and premium allocations.
Leadership Competency Requirements
- Develop collaborative relationships and credibility with employees at all levels of the organization.
- Serve as the trusted advisor and business partner to the SVP, Legal Services. CEO, CFO, management team, and department leaders.
- Develop, apply, and utilize metrics to measure outcomes.
- Provide clear direction, accountability, and follow-up.
Qualifications and Experience
- Minimum 5-7 years of experience in insurance and risk management. Knowledge of Construction or Real Estate insurance preferred
- Bachelor’s degree, or combination of post-secondary education and experience
- Prefer CPCU (Chartered Property Casualty Underwriter Designation) and ARM (Associates in Risk Management) certification
- Highly process-oriented; able to develop, initiate, and closely monitor processes.
- Highly detailed-oriented
- Strong verbal and written communication skills
- Ability to manage difficult situations with diplomacy, utilizing an interpersonal model of collaboration and consultation.
- Proficient critical thinking skills
- Experience working in a fast-paced, entrepreneurial environment.
Safety Hazard of the Job
Normal safety hazards associated with office work, and with occasional observational visits to construction sites.
Low physical effort required to sit, stand at files, bend, stoop, lift, and walk. Maximum unassisted lift is 35 lbs. Average lift is less than 10 lbs. Requires ability to use a keyboard and monitor. Also requires the ability to communicate verbally, both in person and on the telephone. May require some travel by car (less than 10%.)