Senior Manager - Risk Management & Financial Strategy
Clark Construction Group
The Risk Management Team is a critical, strategic function tasked with protecting the enterprise from catastrophic financial loss while providing cost-effective risk management and insurance solutions that mitigate operational risk, contribute to competitive advantage, and enhance profitability. This team is comprised of finance, operations, contract, and risk professionals.
The Senior Manager will report to the Vice President of Risk Management.
Essential Duties and Responsibilities:
This Senior Manager will establish, manage, and execute the financial strategy and core risk management program elements for the department.
I. Financial Planning and Reporting
- Develop models to forecast program revenues and expenses.
- Analyze program performance to ensure cost-effectiveness across all business units.
- Perform analysis and compile annual, monthly, and ad hoc financial and/or risk reports.
- Prepare internal reports and communicate key metrics and performance indicators and results to senior management.
- Oversee department cashflows and ensure timely processing of all risk payables and receivables.
- Support insurance-related monthly accounting transactions.
II. Project and Pursuit Support
- Understand the current and pipeline development projects, including the nature and requirements of each, to ensure compliance.
- Interact with Legal counsel to identify risk in proposed construction agreements.
- Establish coverage specifications, and assist in negotiations with insurers.
- Interact directly with lenders, joint venture partners, and project owners to assure insurance meets requirements and provide required documents for each project.
- Liaise with insurance brokers to oversee, coordinate services, and provide strategic and operational guidance.
- Assist Project Teams in implementing insurance procedures, budgets, and accounting for all newly acquired projects.
III. Risk Program Administration
- Oversee the administration of the company's captive insurance program, including financial management, regulatory compliance, underwriting, and policy issuance.
- Maintain the Risk Management Information System (RMIS), inclusive of all essential project documents, insurance schedules, and claim activity.
- Manage risk management program documentation to protect the Organization against unknown risk.
- Provide recommendations for alternative risk management solutions.
- Assist with internal and external insurance program audits.
IV. Leadership and Management
- Manage direct reports within the Risk Management team.
- Work collaboratively with the various business groups throughout the organization.
- Take leadership and ownership for creative and effective risk management solutions that will further develop the firm’s overall strategic best practices.
- Interface effectively with project teams, business partners (Insurers, Brokers, TPAs, Actuaries, Captive Managers, etc.), and others to develop and implement risk management processes and solutions.
Skills and Qualifications:
Education and Experience
- Minimum of 10 years in the commercial insurance industry, real estate, or corporation with active construction programs or property investments.
- Required: Bachelor’s Degree (Risk Management, Finance, or related field preferred).
- Preferred: Master’s Degree.
- CPCU, ARM or CRIS designation is desirable.
- Broad knowledge and experience in risk management, risk financing, risk assessment, and risk strategy.
- Strong financial and accounting technical skills required.
- Experience managing others.
Core Competencies
- Superior interpersonal skills: Ease in working with people up and down the organization hierarchy, demonstrated ability to interact with senior executives, and naturally adaptive to different audiences.
- Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines.
- Ability to analyze complex problems involving varying viewpoints and to develop viable solutions.
- Excellent written and verbal communication skills.
- Ability to take initiative, be proactive and work efficiently without supervision.
The Physical Side of the Role: Given that a good portion of your day will be spent at a desk, you should be comfortable with prolonged periods of focused work, whether it's collaborating with colleagues, analyzing data, or developing strategies. The role demands effective communication and sharp visual acuity for reviewing complex documents and performing detailed computer work. While there are times for quiet concentration, you'll also be expected to move actively throughout the office and travel occasionally to various locations, including dynamic construction sites, utilizing different modes of transportation. The ability to lift and move objects up to 10 pounds regularly, and up to 25 pounds on occasion (think a box of files or small office equipment), is also required.
Your Work Environment: Your primary workspace will be in our professional office, which has a typical, quiet-to-moderate noise and light levels. As part of your work, you may also be required to visit active construction sites. These environments are naturally more dynamic and can include exposure to outdoor weather conditions, louder noise, and moving equipment. Your safety is our top priority, and you'll be expected to follow Clark Construction's safety policies and procedures, and all applicable laws, at all locations.
Our High-Performing Culture: This is a demanding, high-performance environment. We are looking for candidates who are energized by challenge, thrive under pressure, and are prepared to do what it takes to achieve exceptional results. Success in this role requires significant commitment, including flexibility to work extended hours, especially during critical project phases or client deadlines. Beyond regular working hours, there will be occasions where business needs require your attention, particularly for time-sensitive matters or emergencies. You are expected to monitor and respond to communications (phone calls, emails, text messages) as required to address these situations effectively. Your ability to manage these expectations and be responsive when critical issues arise is key to your success in this role and our collective success as a team.
A Drug Free Workplace: Clark promotes a drug free workplace. A pre-employment drug “fitness for duty” screening is required, and the company conducts random quarterly drug “fitness for duty” tests.