What are the responsibilities and job description for the Risk Manager position at Cache Valley Electric?
Why CVE
Since 1915, Cache Valley Electric (CVE) has built electrical, power and utility, and technology projects, and every one of them carries risk. We are seeking a Risk Manager to own our insurance program, claims, and contract risk. You will work directly with legal counsel, insurance brokers, Safety, and our project teams to keep CVE properly covered, keep claims moving, and make sure every contract and subcontract is properly executed.
Responsibilities
- Work with insurance brokers to manage the company’s overall insurance needs
- Manage and oversee annual insurance renewals, including evaluating options such as captives and compiling renewal data
- Ensure contract insurance requirements are satisfied for all contracts the company enters into
- File insurance claims as required
- Manage claims through resolution, including overseeing injury treatment, recommending settlements, and coordinating surveillance, vocational rehabilitation, and reemployability services
- Partner with legal counsel to ensure proper case management
- Review and oversee OCIP and CCIP jobs for proper enrollment, reporting, compliance, and charges
- Receive contracts from all divisions and work with outside counsel for review and comment
- Consolidate CVE and legal counsel changes into a single document, and work with customers to resolve changes and reach an executable agreement
- Ensure contracts are properly executed and retained
- Follow through on subcontractor agreements to confirm they include the correct language and flow-down provisions and are signed
- Work with the Safety department to help the company secure the lowest possible insurance rates while minimizing risk
- Review safety programs for compliance with contractual requirements
- Perform other related duties that contribute to the success of the project and company as assigned by supervision
- Bachelor’s degree in Risk Management, Business, Construction Management, Finance, or a related field, or equivalent field experience
- Juris Doctor (J.D.) or equivalent legal training preferred
- Experience in risk management or insurance within the construction industry
- Working knowledge of construction insurance programs, including OCIP and CCIP programs
- Ability to review and interpret insurance policies, endorsements, and contractual insurance requirements
- Knowledge of construction contracts, including subcontract flow-down provisions
- Strong negotiation, communication, and organizational skills, with the ability to manage multiple priorities
- Proficiency with the Microsoft Office Suite
Physical Requirements & Work Environment
- Primarily office-based work, with occasional visits to project sites
- Ability to walk active construction sites, including uneven terrain, when visiting projects
- Use of personal protective equipment (PPE), including hard hats, safety glasses, and other required gear, during site visits
- Extended periods of computer use, including contract and policy review
What We Offer
- Competitive compensation
- Industry-leading, low-cost medical, dental, and vision benefits designed to provide exceptional value for employees and their families
- Discretionary Yearly bonus
- Comprehensive medical, dental, and vision insurance
- Up to 15% yearly profit sharing
- Paid time off and company holidays
- Opportunities for professional growth and advancement
Reasonable accommodations will be made upon request for those who have disabilities that qualify under the Americans with Disabilities Act.
Cache Valley Electric Company is an Equal Opportunity Employer with an Affirmative Action Plan.