Risk and Insurance Manager

Iovino Enterprises is the parent company to four New York City based construction companies that share a common commitment to excellence, innovation, and exceptional results. Unlock your potential and seize the opportunity to be at the forefront of a construction empire.

As a product of 35 years in the construction business, we have harnessed expertise in cutting-edge technology, human capital management, finance, and legal/compliance, all while fostering an environment where each company retains its distinct personality and style. This “family of companies” culture is rooted in a common vision and set of values: respect, development for all employees regardless of position, and a commitment to give back to our communities.  

The Risk and Insurance Manager leads the company’s risk management and insurance strategy, ensuring robust protection of assets, compliance with all regulatory requirements, and proactive identification and mitigation of risks across all construction projects. This role is responsible for designing and implementing best-in-class insurance programs, managing claims, and advising senior leadership on risk-related matters, while administrative support is provided by the department assistant.           

• Bachelor’s degree in Business Administration/Economics/Finance or Management (or equivalent experience preferred).
• Minimum of 5-7 years’ experience with insurance and risk management in the construction industry.
• The following certifications are preferred but not required:
  • RIMS-CRMP (Risk and Insurance Management Society - Certified Risk Management Professional);
  • CPCU, ARM, and/or other similar insurance designations.                                                          

Strategic Insurance Management

• Oversee all corporate insurance programs (general liability, builder’s risk, workers’ comp, auto, umbrella, etc.).
• Negotiate terms and renewals with brokers and carriers for optimal coverage and cost.
• Analyze and assess the strengths and weaknesses of various insurance policies and coverage types, including evaluating the impact of policy exclusions; provide expert recommendations to optimize the company’s insurance portfolio and risk posture.
• Review and approve Certificates of Insurance for subcontractors and vendors.
• Ensure compliance with contractual insurance requirements for all future and current projects.

Claims Oversight

• Manage insurance claims from initiation to resolution, including workman’s compensation and general liability.
• Analyze claim trends and recommend strategies to reduce frequency and severity.
• Coordinate with legal counsel on complex claims.
• Monitor insurance costs and loss ratios; prepare annual risk management budget.

Compliance & Regulatory

• Ensure compliance with federal, state, and contractual requirements, including minority participation and certified payrolls.
• Develop and maintain internal policies for insurance and risk management.
• Oversee periodic reviews of diversity companies and certified payrolls.

Process Improvement & Initiatives

• Implement tracking for claims management.
• Develop a subcontractor risk prequalification program.
• Create dashboards for risk metrics and compliance status.
• Conduct annual insurance program reviews and benchmarking.
• Advise senior leadership on emerging risks and insurance market trends.
• Provide leadership and oversight to the department’s administrator, ensuring effective delegation and completion of risk, insurance, and compliance-related tasks.

• Strong communication and interpersonal skills;
• Deep knowledge of the insurance industry, including the ability to analyze and assess the strengths and weaknesses of various policies and types of coverage, and the impact of exclusions thereto (experience with claims administration (particularly property and liability) is a plus);
• Ability to work under extreme time constraints.

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