Construction Risk Engineering Consultant Subcontractor Default Insurance

AXA XL; Exton (PA); On-site; USD 75,000 - 95,000; Full time

Job summary

AXA XL in Exton, Pennsylvania is seeking a risk engineering consultant for their Subcontractor Default Insurance (SDI) program. You will provide consultation and risk management support to construction clients and collaborate with underwriters and claims managers.

The ideal candidate will have extensive experience in construction projects, strong communication skills, and a Bachelor’s degree in engineering or related field. This role offers dynamic opportunities to influence risk management strategies.

Qualifications

• Extensive direct construction experience with contractors and subcontractors.
• Knowledge of the construction project lifecycle from estimating to closeout.
• Ability to consult on construction management practices.
• Experience in subcontractor management and quality control.
• Strong communication skills for diverse audiences.

Responsibilities

• Support the complete SDI program lifecycle including customer consultation.
• Enhance customer satisfaction through effective risk management.
• Provide support for claims processes and risk improvement.
• Develop tools to reduce costs associated with subcontractor defaults.

Skills

Construction experience

Risk management

Communication skills

Team collaboration

Construction project lifecycle knowledge

Education

Bachelor’s degree in engineering or construction management

Job description

Overview

Our construction risk engineering group helps protect property, profitability and employees. Our dedicated risk engineering team offers project management, site safety and operational management expertise to help keep businesses on track. In this role, you will provide risk engineering consultation to Underwriters, Claims Manager, and our construction contractor partners, specific to AXA XL’s Subcontractor Default Insurance (SDI) product. You will work with Claims to manage subcontractor default claims, support Risk Engineer colleagues to assess lessons learned and improvements, identify risks and trends across the business, and work with Underwriting to evaluate contractor customer risks and controls for a successful SDI program. You will apply construction management experience to a broad range of Contractor customers and provide consultation, training and support of the SDI program to reduce overall cost of risk for both the contractor partner and AXA XL. When potential or actual subcontractor defaults occur, you will help the insured manage, mitigate, document and resolve the claim effectively.

Responsibilities

• Providing support of the complete SDI program lifecycle including consultation, training, assessment of controls, risk identification, customer feedback, project visits and related customer meetings.
• Creating customer satisfaction by demonstrating the value of risk control and claims management services.
• Providing Risk Engineering support for notices of claim, including review of circumstances of default, conference calls with stakeholders, identification of planned actions, communication, and support of the entire claims process.
• Providing risk improvement recommendations and feedback to Contractor partners tailored to individual customer needs to reduce the overall cost of risk for all partners, including management, mitigation, and documentation of subcontractor default risks.
• Enhancing the SDI product through development of protocols and tools that reduce the overall cost of subcontractor default risk, including assessment of national, regional and local industry trends and development of relevant solutions.

Qualifications

• Extensive direct construction experience, including contractors, subcontractors, owners or related businesses.
• Robust working knowledge of the entire construction project lifecycle including preconstruction, estimating, purchasing, project management and closeout.
• Ability to apply construction experience to a broad range of customers, to consult on wide-ranging construction management practices, to identify exposures/assess controls on complex construction accounts and adapt procedures to contractor exposures, practices, and culture.
• Direct experience with subcontractor prequalification, subcontractor selection, contracting, project/subcontractor management, scheduling, quality management, construction claims and default management.
• Strong communication skills to explain technical information to a wide range of audiences and influence action on recommendations.
• Self-starter with ability to manage schedule and resources, operate in a remote work environment, and continuously pursue personal development.
• Experience working collaboratively as part of a team and with internal and external partners on special projects.
• A valid driver’s license is required.
• Ability to travel 25-40%.
• Bachelor’s degree in engineering, construction management or similar combination of education/experience is required.