Director of Risk Management
Giga Energy · United States · 1 wk ago
RemoteRemoteFinanceFull-time
Responsibilities
- Own Giga’s performance bond strategy end-to-end — structuring and negotiating with sureties to satisfy lender and customer requirements on live deals
- Build and manage relationships with insurance brokers and surety providers, taking Giga’s risk profile to market and negotiating terms on a project-by-project basis
- Design and enforce subcontractor bonding requirements, determining what percentage of subcontracted work needs to be bonded on each project
- Right-size Giga’s corporate and project-level insurance programs as the company takes on larger, higher-risk deals
- Get creative when Giga’s balance sheet can’t support the bond size a deal requires — structuring alternative solutions to keep contracts moving
- Partner closely with Legal, Finance, and Growth to build bonding and insurance requirements into deal structuring up front, rather than after contracts are signed
- Advise executive leadership on risk exposure, market conditions, and what’s realistically achievable with sureties and insurers
- Lay the groundwork to build and lead a team as Giga’s enterprise risk function grows
Requirements
- 7+ years of experience in performance bonds/surety, insurance, or risk management
- Deep, practical knowledge of how performance bonds are underwritten, priced, and structured
- Experience owning broker and surety relationships and taking a company’s risk profile to market
- Strong understanding of corporate and project-level insurance programs
- Bachelor’s degree in Finance, Business Administration, Law, Construction Management, or a related field
- Comfortable making judgment calls with incomplete information, in an environment that moves faster than typical risk and insurance norms
Qualifications
- 14+ years of experience in bonding, surety, or risk management
- Background at a surety company, insurance carrier, or brokerage (e.g., Marsh, Lockton) in an underwriting or bond producer role
- Experience in construction, infrastructure, or industrial/energy sectors
- Industry-specific certifications (e.g., CPCU, ARM, surety bond producer credentials) or formal education in risk management
- Experience scaling a risk management function and building a team
- Experience bonding large equipment supply or project finance transactions