Jobs · Finance · Minnesota

Senior Risk Manager - Insurance and Contract Compliance

Michels Corporation · Lakeville, MN · 2 mo ago
On-siteFinance$132k/yrFull-time

About the role

Michels Corporation seeks a Senior Risk Manager of Insurance and Contract Compliance with strong experience in risk management, insurance, and contract risk transfer within the heavy civil construction industry, supporting both U.S. and international operations. This role requires prior experience in the construction industry and involves overseeing contract compliance, managing surety programs, coordinating project-specific insurance coverage, and handling insurance requirements across multiple countries and jurisdictions.

Responsibilities

  • Directly manage the team, including interviewing, training, planning, assigning work, providing feedback, and resolving problems.
  • Ensure all project-specific insurance coverage and bonds are managed throughout the project lifecycle, extended reporting periods, and completed operations.
  • Review and evaluate domestic and international construction contracts, joint venture agreements, and customer terms to identify risk exposures, contractual obligations, insurance requirements, and risk transfer opportunities.
  • Handle key aspects of initial contract review, including identifying benefits and potential disadvantages, and coordinating legal and insurance review of contract terms.
  • Procure appropriate contract-specific insurance coverages to comply with requirements, joint venture bids, builders risk insurance, and certificates of insurance.
  • Review insurance coverage issues related to construction contracts, lease agreements, subcontract agreements, and consultant agreements with Corporate Legal, Division Operational Management, and Construction Project Management.

Requirements

  • Bachelor’s Degree and 10+ years of related experience, or an equivalent combination.
  • Proficient in Microsoft Office Suite.
  • Prior management experience.
  • Prior construction experience.
  • Experience supporting international construction projects and multinational insurance programs (desired).
  • Professional designations such as CPCU, ARM, CRIS, or equivalent risk management and insurance certifications (desired).
  • Must possess a valid driver license for the type(s) of vehicles which may be driven and an acceptable driving record.

Benefits

  • Health, Dental, and Life Insurance.
  • Flexible Spending Accounts and Health Savings Account.
  • Short Term and Long-Term Disability Insurance.
  • 401(k) plan.
  • Legal Plan and Identity Theft and Monitoring Plan.
  • Average of $5,000 per employee annually invested in training.
  • Limitless opportunities for career growth.

Pay

Expected salary range: $132,000 USD – $181,500 USD, based on skills, experience, education, and location.

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