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Risk Management Coordinator
2 months ago
Recognized consistently as a top workplace, BNBuilders is dedicated to safety, sustainability, and community engagement. We are committed to hiring the finest talent in the construction sector and fostering an environment that promotes creativity, accountability, and client satisfaction. If you seek to be part of a supportive team that offers stimulating challenges for personal and professional development, BNBuilders is the right choice for you.
POSITION OVERVIEW:
The Risk Management Coordinator plays a crucial role in overseeing subcontractor activities, which includes the execution and assessment of performance against established benchmarks, as well as the collection and evaluation of Subcontractor Certificates of Insurance.
COMPENSATION:
$41.95 per hour, $79,256.00 annually (companywide)
EMPLOYEE BENEFITS:
- Comprehensive medical, vision, and dental insurance with options for two benefit plans - a PPO plan and a high deductible/Health Savings Account Plan with company contributions to HSA.
- Company-funded Short- & Long-Term Disability plans, group Life Insurance, and AD&D plans.
- Flexible Spending Account (FSA) options for healthcare and dependent care.
- Vacation accrual at a full-time annualized rate of 15 days (3 work weeks) per year.
- Sick Leave accrual at 1 hour for every 30 hours worked, with a maximum carryover of 80 hours.
- 10 paid Holidays annually.
- Paid Parental Leave.
- Annual Discretionary Bonus based on company performance and managerial evaluation.
- A 401(k) savings plan with company matching contributions, fully vested immediately.
- Participation in an Employee Stock Ownership Plan (ESOP) after completing 1 year of service (with at least 1,000 hours).
- Request insurance certificates for BNBuilders' projects.
- Review Owner contracts and subcontracts.
- Establish subcontractor insurance requirements based on Owner Contract stipulations.
- Input new projects and subcontracts into the insurance certificate management system.
- Gather subcontractor start dates to effectively manage the workload of third-party reviewers, ensuring compliance before work commencement and prior to first payment.
- Communicate non-compliance issues to subcontractors and their brokers.
- Clarify uncertainties by obtaining detailed information from third-party reviewers or scheduling meetings for discussion.
- Advise on subcontractors unable to meet insurance requirements to mitigate risk and consult with internal leadership.
- Monitor expiration dates to ensure timely insurance renewals.
- Maintain multiple subcontract risk logs, collaborating with project risk management teams on financial health and compliance.
- 2-4 years of relevant experience in construction subcontractor management and Certificate of Insurance review.
- 2-4 years of experience in contract administration.
- Knowledge of insurance fundamentals and fluency with insurance products and terminology.
- Familiarity with construction trades and associated risks.
- Exceptional written and verbal communication skills.
- Strong attention to detail and ability to meet deadlines.
- High client service ethic.
- Proficiency in Microsoft Office Suite.
- Experience with Sage 300 is advantageous.
- Understanding of accounting principles is a plus.
- Experience with myCOI is highly preferred.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee may encounter while performing the essential functions of this role. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions. BNBuilders promotes collaboration, team-building, and a strong supervisor/employee relationship. Therefore, this role is not performed remotely, and all employees are expected to work in an office/job site setting. This position operates in a professional office environment, routinely utilizing standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.
OUR COMMITMENT TO DIVERSITY AND INCLUSION
At BNBuilders, diversity, equity, and inclusion are foundational to our culture. We acknowledge that our diverse backgrounds enrich our lives and work environment, fostering stronger relationships within our company and the communities we serve. Our mission is to create a respectful, safe, fair, and inclusive environment, allowing us to be stronger, wiser, and better together.
Note: BNBuilders reserves the right to modify the duties of this position at any time.
In accordance with Federal and State equal employment opportunity laws, qualified applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, marital status, veteran status, non-job-related disability, or any other protected group status.
