Regional Risk Manager

McCarthy Holdings, Inc. is currently searching for a Risk Manager for its Northern California Region. McCarthy is an ENR Top 10 building company.  Based in St. Louis, we are a multi-billion, 100% employee-owned firm.  We have offices and projects nationally, and we recruit really smart people who want to work for a company where everyone is an owner.  We build the most complex, challenging commercial and industrial projects, and our clients hire us because we solve problems.  You won’t find many 150+ year-old, 100% employee owned, multi-billion dollar companies, consistently rated as a best place to work, with super complex building and technology projects.

Position Description: 

The Risk Manager is primarily responsible for the timely and accurate review, analysis and write-ups of contractual language for new construction projects.  This position evaluates and recommends the appropriate risk transfer, risk financing and/or risk mitigation techniques considered necessary for each project.  This is a highly visible position that requires interaction with Project Executives, Estimators, Division Management, Legal, VP of Risk Management, CFO and McCarthy’s broker. It will be primarily supporting the Northern California Region. 

• Review and analyze Bid Documents and Specifications for new contracts.
• Prepare detailed Memo and Executive Summary upon completion of review of bid documents for Sr. Management.
• Review insurance coverage issues related to construction contracts, lease agreements, subcontract agreements and consultant agreements with Corporate Legal, Division Management and Construction Project Management.
• Evaluate, initiate and direct the appropriate insurance pricing and coverage recommendations for all new pursuits.
• Create insurance bid specifications that can be marketed by the company’s insurance broker to provide appropriate coverage on a project basis and/or company wide.
• Review, negotiate and approve project specific policy forms that will be bound to protect the project and in turn the company.
• Evaluate Owner supplied (i.e., builders’ risk, OCIP) and other project specific as well as Subcontractor furnished insurance policies in order to ensure the adequacy of such coverage and to identify any gaps in coverage; recommend alternatives and solutions.
• Assist the broker with the development, implementation and management of company sponsored Contractor Controlled Insurance Programs (CCIPs), including the ongoing financial evaluation of programs as well as the roll out and monitoring of the program at the project site.
• Ensure that all project specific insurance coverage and bonds are managed throughout the lifecycle of the project and the respective extended reporting period and/or completed operations period.
• Assist with completing all required insurance applications for coverage renewals.
• Assist in the review, comparison and negotiation of all McCarthy purchased insurance policies.
• Assist with the compilation/development of data for the company’s annual renewal of the property and casualty insurance program.
• Compile and maintain statistical reports as required.
• Participate / lead insurance and risk transfer training with Field Operation partners.
• Maintain project records in Risk Information Management System (RMIS) to keep information current and accurate and manage assigned tasks.

 Qualifications and Experience: 

• Four-year degree in related field required.
• Minimum of 7-10 yrs. experience in Construction Risk / Claim Management, Broker, or Insurance Co.
• Insurance designations a plus, e.g., CPCU, ARM, CRIS.
• Experience within the Construction Industry, in particular in Commercial, Industrial, and Civil.
• Understanding of construction industry insurance products and terminology.
• Exceptional interpersonal, written and verbal communication skills.
• Must be able to provide a high level of service to our internal and external customers.
• Experience with large deductible insurance programs.
• Knowledge and ability to review and provide written and verbal contractual analysis.
• Strong computer and financial skills.
• Strong reading, reading comprehension and writing skills.
• Must be willing to travel to our NorPac Region at least once per quarter.

McCarthy Building Companies is proud to be an equal opportunity and affirmative action employer regardless of race, color, gender, age, sexual orientation, gender identity, gender expression, religious beliefs, marital status, genetic information, national origin, disability, protected veteran status, or any other basis protected by federal, state, or local law. 

For California locations only, the salary range for this position is: $125,000 – $150,000. This does not include possible bonus and other benefits which can impact total compensation. Compensation offered may vary based on work location, experience, qualifications, specialty, training, and market and business considerations, among other factors.