Construction Risk Manager

Jacobs; Chicago (IL); On-site; USD 130,000 - 160,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

401(k) plan

Unlimited Paid Time Off

Discretionary bonuses

Job summary

A global solutions provider is seeking a Construction Risk Manager in Chicago, IL. This role involves managing program/project risk, conducting risk assessments, and preparing detailed risk reports. Ideal candidates will have a Bachelor's degree related to construction and extensive experience in risk management. The position offers a competitive salary and comprehensive benefits including medical, dental, and a 401(k) plan.

Qualifications

• 5+ years as a Risk Manager or equivalent, or 7+ years of related industry experience in lieu of a degree.
• In-depth experience with project controls (cost, schedule, and risk).
• Strong building-network skills with clients and functional areas.

Responsibilities

• Manage program/project risk for specific clients following Cost and Schedule Risk Analysis (CSRA).
• Lead risk reviews to identify and mitigate project risks.
• Prepare comprehensive risk reports for clients and management.

Skills

Risk methodology expertise

Project controls experience

Network building skills

Education

Bachelor’s degree in Construction Management, Engineering, Architecture

Job description

Job Summary

Construction Risk Manager – Jacobs

Base salary: $130,000 – $160,000 per year. Jacobs is a global solutions provider dedicated to reinventing tomorrow through innovation in infrastructure, resilience, science, and manufacturing.

Responsibilities

• Manage program/project risk for specific clients following Cost and Schedule Risk Analysis (CSRA).
• Lead and participate in regular risk reviews to identify, capture, and sanction risks, applying Monte Carlo analysis to inform mitigation actions and track recovery progress.
• Assess, evaluate, prioritize, and update risks for all high‑ and medium‑risk programs or projects (Classified A or B), monitoring mitigation actions to prevent risk occurrence.
• Conduct risk assessment workshops and training with project teams and program departments, defining risks, evaluating potential impact, and developing mitigation measures to reduce budget and schedule impacts.
• Define the risk‑management framework (policy, strategy, plan), establish the risk‑management process, and organize resources with leadership support.
• Direct and review the cost of mitigation actions, budget, and actuals in the risk register and work breakdown structure; perform cost/benefit analysis against contingency reserve actions.
• Prepare weekly, monthly, semi‑annual, and annual risk reports and conduct briefings for clients and program management.

Core Qualifications

• Bachelor’s degree in Construction Management, Engineering, Architecture, or related field.
• 5+ years as a Risk Manager or equivalent, or 7+ years of related industry experience in lieu of a degree.
• In‑depth experience with project controls (cost, schedule, and risk).
• Expertise in risk methodology and tools, and knowledge of key functional disciplines such as Engineering, Operations, and Procurement.
• Strong building‑network skills, creating relationships with functional areas and clients.

Preferred Qualifications

• Experience working on major construction projects/programs.
• Excellent analytical, organizational, interpersonal, verbal, and written skills.
• Familiarity with ISO 31000 or similar standards (not required).

Benefits

Employees have access to medical, dental, vision, and basic life insurance, a 401(k) plan, and the ability to purchase company stock at a discount. Eligibility for deferred compensation and executive deferral plans Unlimited U.S. Personalized Paid Time Off (PPTO) policy, seven paid holidays, one floating holiday, and caregiver leave. Additional rewards include merit increases, discretionary bonuses, and stock.

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.