Chief Risk & Insurance Strategy Leader (Remote)

SOLV Energy, Inc.; Alabama; Remote; USD 182,000 - 241,000; Full time

Job summary

SOLV Energy is seeking a Senior Director, Risk Management & Construction Risk to lead enterprise risk, insurance programs, and alternative risk financing across nationwide projects. This fully remote, executive-level role advises the Board and senior leadership while shaping risk governance and reducing total cost of risk.

The role collaborates with Operations, Preconstruction, Safety, Finance, Legal, and HR to embed risk into project delivery, strategic investments, and acquisitions.

Qualifications

• Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, Construction Management, Engineering, or related field.
• MBA or Master's degree in Risk Management or related advanced degree preferred.
• 15+ years of progressive experience in enterprise risk management and related sectors.
• Significant experience managing large-scale insurance and risk financing programs.
• Experience with captive insurance, self-insurance, or large deductible programs preferred.
• Proven track record managing complex claims and litigation matters.
• Experience partnering directly with executive leadership and Boards of Directors.
• Strong understanding of construction operations, project delivery methods, and contractual risk environments.

Responsibilities

• Lead and continuously enhance the Company's Enterprise Risk Management (ERM) framework.
• Serve as a strategic advisor to executive leadership and the Board on enterprise, operational, financial, contractual, and emerging risks.
• Develop and maintain enterprise risk assessments, risk registers, and key risk indicators (KRIs).
• Establish executive-level risk reporting and dashboards that support informed decision-making.
• Facilitate enterprise risk reviews and strategic planning discussions across business functions.
• Identify and evaluate emerging risks impacting construction operations, workforce planning, project delivery, market conditions, cybersecurity, environmental exposures, and regulatory compliance.
• Participate in major business initiatives, acquisitions, geographic expansion opportunities, and strategic investments to provide risk-based guidance.
• Partner with Operations and Preconstruction teams to assess risk associated with project pursuits and execution.
• Support go/no-go decisions through evaluation of project-specific risks, contract structures, delivery methods, labor availability, financial exposure, and owner qualifications.
• Assist project leadership teams in identifying and managing operational risks throughout the project lifecycle.
• Develop risk assessment protocols for large, complex, or non-traditional projects.
• Participate in strategic reviews of major projects and emerging operational exposures.
• Provide executive oversight of all corporate and project-specific insurance programs, including General Liability, Workers' Compensation, Commercial Automobile, Umbrella, Builder's Risk, Professional Liability, Pollution Liability, Property, Cyber, and Executive Liability Coverages.
• Lead annual insurance renewals and long-term insurance strategy development.
• Negotiate coverage structures, retentions, limits, and pricing with brokers and insurance carriers.
• Maintain strong relationships with insurers, brokers, and underwriting partners.
• Evaluate emerging insurance solutions and recommend program enhancements.
• Benchmark insurance programs against industry peers and best practices.
• Oversee insurance audits and ensure accurate reporting and premium allocations.
• Manage project-specific insurance placements and controlled insurance programs (OCIPs/CCIPs) when applicable.
• Lead the evaluation and development of alternative risk financing strategies.
• Conduct feasibility studies related to captive insurance, self-insurance, large deductible programs, and other risk-retention structures.
• Develop financial models evaluating Total Cost of Risk (TCOR), reserve requirements, and long-term financial impact.
• Partner with actuaries, captive managers, legal counsel, auditors, and tax advisors to develop recommendations.
• Present business cases and strategic recommendations to executive leadership.
• Oversee implementation and governance of approved alternative risk financing programs.
• Lead the Company's surety bonding strategy and program management.
• Maintain and strengthen relationships with surety companies, brokers, and underwriters.
• Monitor aggregate bonding capacity and ensure alignment with backlog and growth objectives.
• Coordinate financial and operational reporting for surety partners.
• Negotiate bond terms, rates, collateral requirements, and program structures.
• Provide executive leadership with forecasting and analyses regarding surety capacity and future project opportunities.
• Provide strategic oversight of all workers' compensation, liability, builder's risk, automobile, environmental, and professional liability claims.
• Establish claims management practices that reduce claim frequency, severity, and overall cost.
• Manage complex, high-severity, and litigated claims in partnership with legal counsel and third-party administrators.
• Monitor claim development, reserve adequacy, and litigation strategy.
• Analyze loss trends and identify opportunities for operational improvements and enhanced loss prevention.
• Report significant claims activity and risk exposures to executive leadership.
• Oversee review and negotiation of risk-related provisions within contracts and agreements (construction contracts, subcontracts, joint ventures, design agreements, professional service agreements, vendor contracts, equipment leases, real estate development agreements).
• Partner with Legal and Operations teams to negotiate indemnification, limitation of liability, insurance, warranty, and dispute resolution provisions.
• Establish and maintain company-wide contractual risk standards and review processes.
• Ensure contractual obligations align with insurance coverage and corporate risk tolerance.
• Partner with Safety and Fleet leadership to develop enterprise-wide loss reduction strategies.
• Utilize claims and operational data to identify trends and target high-risk activities.
• Support initiatives designed to reduce workers' compensation, general liability, and fleet-related losses.
• Review and monitor key performance indicators (EMR, OSHA metrics, incident rates, vehicle accident trends, near-miss reporting, safety audits).
• Quantify and communicate the financial impact of safety and risk-control initiatives.
• Present integrated Risk, Safety, and Fleet performance reports to executive leadership.
• Build and lead a high-performing risk management organization.
• Mentor and develop team members while establishing a strong succession pipeline.
• Foster a collaborative culture focused on continuous improvement, innovation, accountability, and business partnership.
• Champion a proactive risk culture throughout the organization.
• Serve as the organization's primary resource for risk management education and awareness.

Skills

Executive leadership

Enterprise risk management

Construction risk

Insurance programs

Alternative risk financing

Captive/self-insurance

Claims & litigation management

Board collaboration

Construction operations knowledge

Education

Bachelor's degree in Risk Management, Insurance, Finance, Business Administration, Construction Management, Engineering, or related field

MBA or advanced risk-management degree

CPCU, CRM, ARM, CRIS, ACI certifications

Job description

SOLV Energy is seeking a Senior Director, Risk Management & Construction Risk to lead enterprise risk, insurance programs, and alternative risk financing across nationwide projects. This fully remote, executive-level role advises the Board and senior leadership while shaping risk governance and reducing total cost of risk.

The role collaborates with Operations, Preconstruction, Safety, Finance, Legal, and HR to embed risk into project delivery, strategic investments, and acquisitions.