Construction Insurance Compliance Specialist

Megawatt Construction, Inc.; San Jose (CA); On-site; USD 90,000 - 130,000; Full time

Job summary

Megawatt Construction, Inc. is seeking a Risk & Insurance Compliance Specialist to support the Risk Management function by administering insurance requirements across construction projects, owner contracts, subcontractors, vendors, and other participants.

The role reviews COIs and policies, tracks coverage and expiration dates, ensures compliance before work begins, and collaborates with Contracts/Legal, Procurement and Project Management to resolve gaps throughout the project lifecycle.

Qualifications

• Experience reviewing COIs and endorsements.
• Familiarity with OCIP/CCIP programs.

Responsibilities

• Review COIs for required coverage, limits and policy periods.
• Verify endorsements, including Additional Insured, Waiver of Subrogation and Primary & Non-Contributory coverage.
• Monitor certificates and policies for upcoming expirations and obtain renewals before coverage lapses.
• Identify coverage gaps, deficiencies and exceptions and coordinate with subcontractors, brokers and internal teams to resolve them.
• Track and maintain approved insurance exceptions, waivers and corrective actions.
• Review Owner insurance requirements against the Company’s insurance program and elevate requirements that exceed existing coverage.
• Coordinate with the insurance broker on coverage confirmations, endorsements and renewals.
• Support OCIP/CCIP, Builders Risk and other project-specific insurance programs, as applicable.
• Maintain accurate insurance records and compliance reports for active projects.
• Partner with Contracts, Legal, Procurement and Project Management to ensure insurance compliance before contracts and start of work.

Skills

COI review

Insurance compliance

Risk management

Job description

Megawatt Construction, Inc. is seeking a Risk & Insurance Compliance Specialist to support the Risk Management function by administering insurance requirements across construction projects, owner contracts, subcontractors, vendors, and other participants.

The role reviews COIs and policies, tracks coverage and expiration dates, ensures compliance before work begins, and collaborates with Contracts/Legal, Procurement and Project Management to resolve gaps throughout the project lifecycle.