Risk & Insurance Manager, Development & Construction (Hybrid) - Dallas Regional Office

Ultipro; Dallas, Northern (TX, KY); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

Bonus program

401(k) plan

Competitive salary

Job summary

Dominium is seeking a Risk & Insurance Manager for Development and Construction at the Dallas Regional Office. This hybrid role focuses on administering builder’s risk and construction liability programs, reviewing contracts for insurance and bonding requirements, and managing related claims.

You will collaborate with Development, Construction, Legal, Finance, lenders, brokers, and carriers to protect assets and optimize risk, while supporting project closings and program cost analysis.

Qualifications

• Bachelor’s degree in Risk Management, Insurance, Finance, Accounting, Real Estate, or related field preferred.
• Minimum five years in construction risk management or related field.
• Experience administering builder’s risk programs for construction projects.
• Experience with construction liability programs and claims management.
• Experience administering subcontractor default insurance programs.

Responsibilities

• Supports placement, administration, and renewal of builder’s risk programs.
• Manages project-specific builder’s risk programs throughout development lifecycle.
• Assists with builder’s risk claims through investigation and resolution.
• Supports construction liability programs, including coverage terms and pricing.
• Manages construction liability claims from notice through settlement and recovery.
• Administers subcontractor default insurance program including enrollment and claims.
• Reviews loan and construction documents for insurance and bonding provisions.
• Communicates insurance requirements to lenders, investors, and stakeholders.
• Analyzes program costs, premiums, and loss trends to improve coverage.

Skills

Risk management

Construction insurance

Builder's risk

Claims management

Contract review

Insurance analytics

Excel proficiency

Stakeholder collaboration

Education

Bachelor’s degree in Risk Management or related field

Tools

Excel

Insurance software

Job description

Risk & Insurance Manager, Development & Construction (Hybrid) - Dallas Regional Office

Job Category: Finance & Treasury

Requisition Number: RISKI011485

• Full-Time

Locations

Showing 1 location

• Travel Required : Yes

Description

Dominium is helping tackle the affordable housing crisis – and we’re looking for motivated candidates to join our team and advance our mission. With offices in Atlanta, Dallas, Phoenix and Minneapolis, Dominium is one of the nation’s most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents to foster a strong sense of community and connection.

Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally.

POSITION SUMMARY:

The Risk and Insurance Manager, Development and Construction is responsible for administering the company’s construction-related insurance and risk management programs supporting new construction, acquisition-rehabilitation, and other development activities. This role supports the placement and renewal of builder’s risk and construction liability programs, serves as the primary administrator of the company’s subcontractor default insurance program, and manages or monitors construction-related claims from initial notice through resolution and recovery.

The Risk and Insurance Manager, Development and Construction reviews loan, construction, design, and consulting agreements to evaluate insurance, indemnification, and bonding requirements; addresses insurance-related requirements from lenders, investors, and other stakeholders; and analyzes program costs, claims, and loss trends to support informed decision-making. This position partners closely with Development, Construction, Finance, Legal, lenders, investors, brokers, insurance carriers, third-party administrators, contractors, and consultants to protect the organization’s assets and manage its overall construction risk exposure.

ESSENTIAL FUNCTIONS :

• Supports the placement, administration, and renewal of the company’s builder’s risk insurance programs, including exposure data collection, underwriting submissions, coverage analysis, and coordination with brokers, insurance carriers, and internal stakeholders.
• Administers project-specific and master builder’s risk programs for new construction and acquisition-rehabilitation projects, ensuring projects are appropriately enrolled, reported, and maintained throughout the development and construction lifecycle.
• Assists with builder’s risk claims from initial notice through investigation, documentation, adjustment, resolution, and recovery in partnership with project teams, brokers, adjusters, insurance carriers, and other external service providers.
• Supports the placement, renewal, and ongoing administration of the company’s construction liability insurance programs, including the evaluation of coverage terms, limits, retentions, exclusions, and pricing.
• Manages or monitors construction liability claims from initial notice through settlement and release, ensuring timely reporting, appropriate documentation, effective communication, and coordination among internal and external stakeholders.
• Serves as the primary administrator of the company’s subcontractor default insurance program, including subcontractor prequalification, enrollment, financial review, default administration, claims coordination, and input into loss-reserving decisions.
• Reviews and interprets loan agreements, construction contracts, design agreements, consulting agreements, and other project-related documents to evaluate insurance, indemnification, risk allocation, and bonding provisions.
• Identifies and communicates contractual insurance or risk-transfer concerns and partners with Development, Construction, Legal, Finance, and other stakeholders to negotiate or implement appropriate solutions.
• Coordinates responses to construction-related insurance questions and requirements from lenders, investors, joint-venture partners, contractors, consultants, and other project stakeholders, supporting organizational compliance and timely project closings.
• Analyzes insurance program performance, including coverage, premiums, claims, retained losses, deductibles, self-insured retentions, and other program costs, and identifies opportunities to strengthen coverage and reduce the overall cost of risk.
• Tracks and reports construction insurance costs, claims activity, loss trends, program performance, and emerging risks to senior Finance and Risk leadership.
• Reviews construction claim and loss data to identify trends and partners with Development, Construction, and external service providers to develop loss-control and risk-mitigation strategies.
• Maintains accurate project, exposure, insurance, and claims information within applicable risk management systems and reporting tools.
• Builds strong partnerships with Development, Construction, Finance, Legal, and other internal teams, as well as brokers, insurance carriers, lenders, investors, contractors, consultants, and third-party administrators.
• Performs additional projects and duties as assigned.

QUALIFICATIONS : (Knowledge, Skills, Abilities, Education, Training and Experience.)

• Bachelor’s degree in Risk Management, Insurance, Finance, Accounting, Real Estate, Business Administration, or a related field is preferred. An equivalent combination of education and relevant experience may be considered.
• Minimum five (5) years of experience in construction risk management, commercial insurance brokerage, insurance carrier underwriting or claims, or a related field supporting construction and development risks.
• Experience administering builder’s risk programs for new construction, acquisition-rehabilitation, or other complex development projects.
• Experience supporting construction liability insurance programs and managing or monitoring claims from initial notice through settlement, release, or recovery.
• Experience administering subcontractor default insurance programs, including subcontractor prequalification, enrollment, financial review, default and claim administration, and loss-reserving support.
• Strong understanding of construction-related commercial insurance coverages, including builder’s risk, general liability, professional liability, pollution liability, workers’ compensation, automobile liability, and subcontractor default insurance.
• Demonstrated ability to review and interpret loan agreements, construction contracts, design agreements, consulting agreements, and related documents for insurance, indemnification, risk-transfer, and bonding requirements.
• Experience supporting construction insurance placements and renewals in collaboration with brokers, insurance carriers, project teams, and other stakeholders.
• Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU), Construction Risk and Insurance Specialist (CRIS), or a similar professional designation is preferred.
• Advanced proficiency in Microsoft Excel and experience using insurance, risk management, claims management, reporting, or data-analysis systems.
• Strong analytical and problem-solving skills, including the ability to evaluate claims data, loss trends, project exposures, program costs, and overall construction risk.
• Excellent written and verbal communication skills, with the ability to clearly communicate insurance requirements, risk considerations, findings, and recommendations to senior leadership and key stakeholders.
• Strong collaboration, negotiation, and relationship-management skills, with the ability to work effectively with Development, Construction, Finance, Legal, lenders, investors, brokers, insurance carriers, contractors, consultants, and third-party administrators.
• Excellent organizational and time-management skills, with strong attention to detail and the ability to manage multiple projects, deadlines, and priorities simultaneously.

About Us: Dominium is a purpose-driven leader in affordable housing. We operate in approximately 20 states, supported by a team of over 1,300 dedicated employees. For more than 50 years, we have delivered excellence in the development and management of affordable housing communities across the United States. Dominium’s values – EDGE: Entrepreneurial Innovation, Developing People, Growth Mindset and Execution – guide us in fulfilling our Purpose: to provide quality, affordable housing that builds Enduring Value for our residents, employees, communities and financial partners. We believe housing provides dignity, and our work has a positive, lasting impact on the lives of individuals and families – often for generations. Our properties last for decades, leaving a lasting impact in the communities where they are located.

We offer a competitive salary, an incentive bonus program, training and development programs, career growth and community volunteer and outreach programs. We also provide a comprehensive benefits package for eligible employees, including Basic Life and AD&D; Employee, Spouse and Child Supplemental Life and AD&D; and Short and Long-Term Disability insurance. We also offer Medical, Dental and Vision coverage, with optional Health Savings Accounts, as well as Medical and Dependent Care Flexible Spending Accounts. We offer Voluntary Benefits (Accident, Critical Illness, Whole Life) and an Employee Assistance Program. Additionally, you have access to a 401(K) plan, Health and Financial Wellness Programs, Paid Time Off including Paid Holidays and Floating Holidays, Paid Parental Leave, Education Reimbursement, Employee Recognition and the Dominium Employee Emergency Fund.

Dominium is committed to providing equal employment opportunities to qualified applicants and employees. Dominium prohibits employment discrimination on race, color, creed, religion, national origin, citizenship, sex (including sexual orientation and gender identity), pregnancy, marital status, familial status, status with regard to public assistance, disability, membership or activity in local commission, veteran status, military status, age, genetic information, union membership, use of lawful consumable products, or any other category protected by applicable state or federal law.

Travel Required

Yes . Ability to travel up to 10%; Overnight travel may be required.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.