Risk Manager

Work hard, have fun.

At Cerris Builders (formerly MW Builders), our culture is built on hard work - but while enjoying ourselves in the process. Our family of construction companies prides itself on our almost 90 year history, our 100% employee ownership structure, our competitive pay and benefits... But what we pride ourselves most in is our people. We truly believe that our people are our greatest asset, and that's why we place a heavy emphasis on recruiting, training, and retaining the best and brightest talent in the industry. Are you ready to become a part of the Cerris Builders family?

Nature of Work

Provides overall management of subcontractor default insurance (SDI) program; coordinates subcontractor prequalification process, project and subcontractor enrollment in SDI, and overall program compliance; maintains constructive relationships and communicates with industry trade partners, insurance carrier representatives, company staff and leadership.

Essential Functions and Responsibilities

• Coordinates the enrollment, processing, evaluation, and updating of the subcontractor prequalification process with internal team members and industry trade partners to ensure integrity of information and timely evaluation of risk assessments
• Accountable for SDI Program implementation, compliance, subcontractor prequalification documentation, data analysis, payment processing, program budgeting, renewal, and internal / external reporting
• Manages and directs the Subcontract Default Insurance (SDI) Program across the company to include project enrollment, subcontractor enrollment, and coordination of subcontractor evaluation and risk assessment
• Collaborate with internal team members, legal, and insurance providers to ensure compliance with SDI program requirements
• Coordinates and communicates with insurance representatives, vendors, subcontractors, and team members
• Initiate and oversee the SDI claims process in the event of subcontractor default(s), working closely with project team, legal, insurance partners, and company leadership
• Maintain accurate records, reports, and documentation related to the SDI program
• Responsible for providing updates to company leadership on SDI Program compliance and performance including, but not limited to, periodic reporting and analysis on subcontractor risk and trends.
• Collaborate with project teams to develop risk mitigation strategies and contingency plans
• Monitor industry trends and regulatory changes to adapt risk management strategies accordingly
• Organizes, participates, and leads various program meetings
• Develops and leads training on subcontractor prequalification and default requirements and best practices
• Exercises initiative or, as directed, performs additional duties to meet the needs of the organization
• Analyzes financial and other data to assess risk of doing business with a specific subcontractor.
• Proactively monitors and interprets ongoing financial performance and responds appropriately.
• Conveys security requirements for mitigating risk with subcontractors to minimize risk exposure.

Qualifications

Education

Experience

Physical Demands / Work Environment

Cerrisand our group of companies are an Equal OpportunityEmployer-EEO / AA / M / F / D / V / VEVRAA

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