Head of Risk Management
2 weeks ago
ONX is an innovative Design Tech company revolutionizing the home building industry. Founded by construction experts, design thinkers, and technology leaders, we leverage human-centric design, sustainable materials, and offsite manufacturing technology to create beautiful homes and communities. Our vertically integrated capabilities and advanced construction facilities enable us to build and deliver high-quality homes in half the time of traditional construction.
Job SummaryWe are seeking an experienced Head of Risk to lead our global risk function. The successful candidate will be responsible for identifying, evaluating, and analyzing risks inherent to ONX's operations, with the goal of reducing our cost of risk. This includes identifying and evaluating risk exposures, administering risk treatment/insurance programs, and staying informed of changes within the company to recommend and execute program adjustments as needed.
Key Responsibilities- Develop and implement robust insurance programs and allocations, focusing on real estate, manufacturing, and construction risks in our US markets
- Build strong relationships with management and functional leaders to educate and advise on risk management best practices
- Establish a risk management resource to support management, staff, and business partners in reducing or transferring risks
- Lead annual insurance renewals and maintain relationships with insurance brokers and carriers
- Regularly review insurance programs for enhancements and collaborate with brokers/carriers to create cost savings opportunities
- Implement and administer risk management techniques to efficiently manage risks, including subcontractor/vendor exposures
- Partner with procurement to implement a robust contract review system for subcontractor and vendor agreements
- Oversee general liability and workers' comp claims
- Coordinate issuance and distribution of Certificates of Insurance to business partners and evaluate incoming certificates for accuracy
- Review insurance binders, invoices, and policies for accuracy and manage policy retention based on company policy
- Participate in risk management educational programs and forums to stay informed of emerging issues
- Bachelor's degree in Risk Management, Accounting, Finance, Economics, or related field
- 5+ years of risk experience
- Strong knowledge of real estate and construction sectors
- Excellent interpersonal skills and ability to build relationships
- Comfort with ambiguity and uncertainty, with the ability to pivot quickly to new strategies
- Proficient in Microsoft Office Suite, particularly Excel
- Promptly responsive to inquiries
- Comfort with virtual meetings and work
- Excellent communication, numerical, presentation, and organizational skills
- Self-motivated with ability to work effectively in a dynamic environment
- Willingness to travel at least 15% domestically
- Property & Casualty Broker's License
- Familiarity with risk profile of manufacturing/factory operations
- JD and 3+ years of legal practice
- Captive insurance experience
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