Senior Manager, Risk Management

Responsibilities

• Maintain and optimize enterprise-wide P&C insurance programs including general liability, workers’ compensation, auto, property, umbrella, professional liability, pollution liability, cyber, management liability, and builder’s risk across all HITT operating companies (general contracting, self-perform construction, manufacturing, and logistics).
• Lead the annual insurance renewal process, including market negotiations, coverage analysis and enhancements, and program design.
• Negotiate terms and pricing with carriers and brokers to optimize coverage and cost-effectiveness.
• Manage and optimize relationships with insurance carriers, brokers, loss control consultants, and legal counsel.
• Oversee and manage surety bonding programs and relationships.
• Develop and maintain broker and surety relationships to support bonding capacity and terms aligned with HITT’s project pipeline.
• Serve as liaison with the organization's captive manager, overseeing day-to-day administration, ensuring timely completion of regulatory filings, financial reporting, and compliance requirements across all licensed jurisdictions.
• Coordinate annual captive renewal process with the captive manager, including actuarial studies, feasibility analyses, loss reserve reviews, and premium calculations, while monitoring captive performance against funding and risk retention goals.
• Collaborate with the captive manager, auditors, and regulators to support annual audits, board meetings, and strategic planning initiatives, providing recommendations on captive structure, coverage lines, and capital adequacy.
• Develop and implement comprehensive, enterprise-wide risk mitigation strategies across diverse operational environments.
• Establish and enforce risk management policies, procedures, and processes; advocate for organization-wide engagement in risk management activities.
• Review, interpret, and advise on construction contract insurance and surety requirements.
• Collaborate with operations, safety leadership, and other departments on risk management and emergency response matters.
• Serve as insurance and surety strategic liaison to all operating companies.
• Manage the departmental budget and control insurance program costs.
• Execute financial modeling, reconciliation, and reporting for all insurance programs.
• Develop and implement strategies, policies, and procedures for insurance cost recovery.
• Oversee internal insurance and risk management reporting for HITT and captive insurance company.
• Analyze claims trends to identify root causes, implement corrective actions, and provide periodic reporting to leadership.
• Provide periodic reporting to the Board of Directors on risk management trends and program performance.

Qualifications

• Bachelor’s degree in Risk Management, Business, Finance, Economics, Safety, or a related field preferred; equivalent work experience accepted in lieu of degree.
• Professional designations (CPCU, ARM, CRM) and/or active P&C license preferred.
• 7+ years of progressive insurance and risk management experience, with specific expertise in construction, manufacturing, or logistics industries.
• Demonstrated expertise in property & casualty insurance program design, placement, and management.
• Proven experience with surety bonding programs and carrier/broker relationship management.
• Familiarity with loss-sensitive and fronted casualty insurance programs.