Risk Management Specialist (Controlled Insurance Program)
Walbridge · Detroit Metropolitan Area · 1 wk ago
FinanceFull-time
Responsibilities
- Serve as the internal point of accountability for all CCIP projects.
- Oversee broker and program administrator execution of contractor enrollment, payroll tracking, compliance, reporting, and closeout activities.
- Review and validate CCIP processes, controls, and deliverables to ensure accuracy, timeliness, and contractual compliance.
- Identify, escalate, and resolve program issues impacting project teams, subcontractors, or financial performance.
- Ensure proper setup of CCIP projects, including scope definition, eligibility requirements, and coordination of kick-off and pre-bid meetings.
- Review enrollment metrics, bid deduct processes, payroll submissions, and certificate issuance for completeness and consistency.
- Monitor subcontractor compliance trends and direct corrective actions as needed.
- Oversee renewals, reporting, and subcontractor closeout activities.
- Develop and maintain CCIP financial models, including enrollment assumptions, payroll projections, loss forecasts, and overall program cost tracking.
- Monitor CCIP performance against budget and forecast, identifying financial risks and opportunities.
- Coincide with Finance, Project Controls, and brokers to reconcile CCIP costs, credits, and allocations.
- Support internal audits and leadership reporting related to CCIP financial performance.
- Act as the primary liaison between project teams, executive leadership, insurance brokers, program administrators, and carriers.
- Provide training and guidance to Project Executives, Project Managers, and Estimating teams on CCIP requirements, processes, and responsibilities.
- Ensure consistent communication practices and documentation standards across all CCIP projects.
Qualifications
- Bachelor’s degree in Risk Management, Finance, Construction Management, Business, or a related field, or equivalent experience.
- 5+ years of experience in construction risk management, insurance programs, or wrap-up administration.
- Direct experience with CCIPs and/or OCIPs, including enrollment, payroll, and compliance processes.
- Strong financial acumen with experience in forecasting, budgeting, and cost analysis.
- Demonstrated ability to oversee third-party administrators, brokers, and professional service providers.
- Valid driver's license required.
- Ideal qualifications include experience working for a General Contractor, large construction manager, or owner.
- Familiarity with wrap-up administration platforms and insurance reporting tools.
- Experience supporting CCIP-related sales efforts or project pursuit activities.