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VP of Risk Management in Salt Lake City, UT at BetterJobs

Date Posted: 2/15/2018

Job Snapshot

Job Description

Big-D Corp is currently looking for a VP OF RISK MANAGEMENT to be the National Managing Director of Big-D Corp Insurance Captive. Details below.


The National Managing Director of Big D Corp Insurance Captive is responsible for Managing a comprehensive corporate risk management/insurance program with a concentration on risk identification, risk transfer and risk retention techniques. Coordinates closely with operations/project management, safety, human resources, legal and estimating while implementing risk management policies and procedures to protect the company's assets and minimize liability exposures.


  • Bachelor s degree in Accounting, Business Administration or related field or similar construction experience.
  • Insurance, Risk Management, Surety broker experience, and construction finance/accounting experience.
  • Excellent analytical, organizational, interpersonal, verbal and written communication skills.
  • Effective time management skills.

Duties, Responsibilities and Expectations: (other duties may be assigned to meet business needs)

  • Managing Director of Big D Corp Insurance Captive, Nation Wide.
  • Manage day-to-day interaction between all project participants, brokers and insurers related to risk management and insurance issues.
  • Manage all aspects of contract review as relates to insurance and bonds issues, including coordination of contract review with legal.
  • Analyze and understand insurable risks and potential risk mitigation opportunities; interact with operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage.
  • Review, initiate and direct the appropriate insurance coverage and pricing for all new bids and projects.
  • Work with client/owner insurance representatives to ensure proper placement and coordination of any project specific insurance policies.
  • Lead communication efforts with broker and surety company to facilitate timely delivery of project- specific performance and payment bonds.
  • Manage master Builders Risk program, including reporting and premium allocations.
  • Review and analyze terms and conditions associated with proposed Contractor Controlled Insurance Programs (CCIPs); function as liaison between all participants.
  • Assist with management of corporate Subcontractor Default Insurance (SDI) program including coordination with internal teams, external sales discussions, and management of broker and insurer relationships.
  • Analyze and provide appropriate prequalification feedback on subcontractor partners.
  • Oversee internal claim management efforts with a legal understanding of claims positioning (workers compensation, general liability, automobile liability, builder s risk, etc.) to include oversight of third party administrators, insurers, and defense attorneys.
  • Review and analyze loss control, project claims issues and trending reports, and coordinate with Safety to develop appropriate action plans.
  • Chair of corporate safety committee. Responsible for company-wide initiatives and overall safety department performance.
  • Maintain knowledge of trends in construction insurance industry, including thorough working knowledge of insurance products, coverage and pricing.
  • Assist with compilation and development of data for annual renewal of corporate property and casualty insurance program, including management of brokers, approval of submissions, and negotiation of terms and premiums.
  • Assist with budgets, forecasts and financial reports, including the analysis of annual insurance premiums, financial performance of insurance programs, and determination of billing rates and premium allocations.
  • Work closely with Big-D University to identify educational needs, and assist with presentations and sessions focused on insurance and risk issues.
  • Assist with internal communication and advertising strategies related to all risk management initiatives.
  • Also involved in other committees such as Crisis management, OSHA Partnerships, EPA Inspections, Post construction & SWPPP.
  • Travel to regional offices as needed.
  • Perform other duties as assigned.