Deputy Risk Manager
Bechtel
- Houston, TX
- Permanent
- Part-time
- Relocation Authorized: None
- Telework Type: Part-Time Telework
- Work Location: Houston, TX
- Participates and supports GBU Risk Manager in contract negotiations with clients and others to obtain necessary protection, making use of contractual risk transfer, risk retention, loss prevention and commercial insurance techniques in a manner compatible with business development objectives.
- Develops alternative risk financing strategies in response to client positions/requirements.
- Initiates recommended language and alternative provisions for liability and insurance matters (including procurement responsibility) in proposals, contracts, subcontracts, and other documents.
- Identifies and evaluates insurable risks arising from prospective project activities and the available risk financing alternatives for assigned projects.
- Reviews proforma and bid documents, prepared elsewhere, to determine adequacy and economy of protection afforded.
- Supports GBU Risk Manager in procurement and implementation of risk financing program agreed upon for each assigned project.
- Coordinates enrollment into controlled insurance programs for assigned projects.
- Issues instructions to all projects regarding premium reporting and allocation, accident reporting and claims procedures and other matters relating to risk administration.
- Provides project and division personnel, including Legal, with information regarding insurance coverages and solutions for risk-related problems.
- Prepares insurance program cost breakdown for use in estimating.
- Coordinates disparate project personnel involved with insurance program arrangements including Project Management, Supply Chain, Treasury, and Safety.
- Updates clients’ risk management staff regarding changes in project risk financing arrangements during the project.
- Coordinates the interface between Bechtel and client personnel, brokers, and insurers regarding insurance programs including preparing underwriting data, coordinating site visits and support duties as requested.
- Initiates use of the Project Risk Management team in management approval, proposal efforts and participates in risk workshops.
- Provides insurance advice and acting as insurance department representative to assigned corporate services departments and administering assigned corporate insurance programs.
- Bachelor's Degree in Accounting, Finance, Engineering or Insurance/Risk Management.
- Minimum 4 years of professional experience in risk management or insurance (corporate risk management, broker, insurance carrier or claims).
- Knowledge of risk, insurance, and liability principles and concepts.
- Skilled in project contractual negotiations and administration.
- Knowledge of insurance underwriting principles.
- Knowledge of energy, construction, and EPC industries.
- Knowledge of complex builders risk insurance programs and controlled insurance programs.
- Experience working with estimating, project controls, procurement, engineering, and construction teams.
- The knowledge required for this position would be reflected in the Construction Risk Insurance Specialist (CRIS) designation from IRMI.