What are the responsibilities and job description for the Senior Risk Manager position at The HR Source?
We are seeking a seasoned Risk Management Consultant with a deep background in construction-related insurance, capable of working fluidly across all levels of the risk organization—from Sr. Management to Analyst. This contract role supports a high-profile public-sector agency in safeguarding its complex portfolio of infrastructure assets through strategic insurance placement, contract negotiation, and internal team development.
Key Responsibilities:
- Help lead insurance strategy, including placement, renewal negotiations, and broker management across property, liability, and construction insurance programs.
- Advise executive leadership and serve as a key liaison with external stakeholders, insurers, brokers, and regulatory bodies.
- Provide oversight and input into insurance recovery strategies for major losses and high-impact claims.
- Ensure compliance with agency-wide standards, policies, and public-sector procurement regulations.
- Assist in the development and implementation of risk financing strategies and procedures.
- Coordinate the preparation of board materials, cost allocations, underwriting data, and insurance-related presentations.
- Lead procurement efforts for insurance-related services, including RFQs/RFPs.
- Maintain and improve systems used for tracking policies, claims, and compliance metrics.
- Review, negotiate, and recommend insurance requirements for contracts, including construction and public-private partnership agreements.
- Perform complex contract reviews and risk assessments to support insurance and indemnification recommendations.
- Mentor junior analysts by explaining coverage nuances and risk frameworks in a clear, collaborative way.
- Maintain data within RMIS platforms and support underwriting through detailed analysis.
Qualifications:
Required:
- Bachelor’s degree in Risk Management, Finance, Law, or related field
- 8 years in commercial risk management, with direct experience in construction insurance
- Experience reviewing and negotiating insurance terms in complex contracts
- Strong verbal and written communication skills, including the ability to explain complex concepts to junior staff
- High proficiency in Microsoft Office (Excel, Word, PowerPoint), SharePoint, and RMIS tools (e.g., Riskonnect)
Preferred:
- ARM, CPCU, CRM, or related insurance certification
- Experience working with or for a public agency
- Familiarity with insurance captives, loss control, or alternative risk financing