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Contract & Risk Manager
3 months ago
Who we are:
Build your career with Boldt. As a member of the Boldt team, you'll collaborate with some of the most knowledgeable professionals in the construction industry. You'll have the chance to learn new skills and seek greater responsibilities with a team that builds real value in the world around you. You'll succeed in a workplace culture that recognizes, respects, and values differences. Boldt's focus on innovation, collaboration, and employee development provides an opportunity for all our employees to Build Boldly.
HOW YOUR ROLE FITS INTO BOLDT:
The Contract & Risk Manager collaborates with the operating group leadership team, corporate risk management and legal to develop and execute strategies in relation to risk management practices while ensuring alignment with and attainment of operational business goals. This position will engage, advise and support the project teams appropriately and timely with strategic advice, training, and resources to implement risk management policies and procedures to protect Boldt's assets and minimize liability exposures. In order to accomplish these goals, the Contract & Risk Manager maintains an effective level of insight relating to the business unit's strategy and goals, culture, financial position and competitive landscape and shares relevant information needed for corporate risk management to create and execute appropriate strategies in support of the business.
As an active member of the risk management team, the Contract & Risk Manager will provide front line support to respond to potential claims and project disputes, serve as a liaison between the project teams and corporate risk management, provide support for insurance claims and litigation involving the operating group and participating in the creation, communication and roll-out of risk management programs, policies and procedures.
Required Skills
WHAT YOU GET TO DO:
- Serve as primary contact and resource for employees and leaders in their operating group to address risk management issues, questions and concerns while maintaining good working relationships and building credibility with employees and leaders.
- Handle key aspects of initial contract review including identifying benefits and potential disadvantages and coordinating legal and insurance review of contract terms and
conditions. - Coordinate all insurance and bonding requirements necessary for project bids, contract review, and contract execution in conjunction with our broker partners and Boldt legal.
- Analyze and understand insurable risks and potential risk mitigation opportunities; interact with project teams to ensure coordination between project activities, exposures,
and appropriate insurance coverages - Work with the contract review team to identify proper subcontract exhibits including the incorporation of state or customer-required forms and specific flow downs.
- Review and negotiate modifications to Boldt's standard subcontract terms.
- Analyze and provide appropriate prequalification feedback on subcontractor partners at a local level.
- Assist with claim management efforts (workers compensation, general liability, automobile liability, builders risk) at the operating group level.
- Provide support as needed for annual renewal of corporate property and casualty insurance program.
- Work closely with corporate risk management to identify educational needs and assist with training focused on insurance and risk issues.
- Obtain and maintain a high-level understanding of the operating group's goals and strategies and utilize this knowledge to provide constructive consultation.
- Act as a liaison between the operating group and corporate risk management to communicate local market, business and economic conditions.
- Proactively understand market changes and identify trends in areas of responsibilities to create awareness and build efficiencies.
- Provide regional and corporate risk management support as needed to champion OneBoldt and risk management team success.
- Demonstrate behaviors and actions that align with the organization's core values.
- Actively participate, as determined, in risk management meetings, project meetings and operations team/leadership meetings.
WHAT WE EXPECT FROM YOU:
- Bachelor's degree in Finance, Accounting, Business Administration or other related coursework
- At least five years of insurance and risk management experience in construction or related field and experience in managing others.
- Industry certifications such as, Associate in Risk Management (ARM), Certified Risk Manager (CRM), or Construction Risk Insurance Specialist (CRIS) are a positive consideration.
- Proficient knowledge of Microsoft O365.
While performing the duties of this job, the employee is frequently required to remain in a stationary position for up to eight hours. The employee occasionally is required to move to access people or workspaces. Constantly operates a computer and other office equipment, such as a calculator, copy machine and computer printer. The ability to effectively communicate is required. The employee may occasionally move up to 15 pounds. The working conditions of this position requires the employee to work inside an office environment. The environment for which this position functions may contain scents and fragrances. May be requested to work overtime and weekends.
The Boldt Company is an Equal Opportunity Employer
Disclaimer: This job description is intended to be a summary of the primary essential duties and responsibilities of this position. The job description is not intended to be inclusive of all duties an individual in this position might be asked to perform or all the qualifications that may be required either now or in the future. Other duties, responsibilities and activities may be assigned or changed at any time. Individuals in this role may be subject to annual Motor Vehicle Records check. Outcome of any MVR
checks conducted may negatively impact the persons' ability to participate in any vehicle program provided by the company, including but not limited to the ability to drive a personal vehicle on behalf of the Boldt Company or rent a vehicle through the Boldt Company travel provider, for a period of up to 1 year.
