Risk Manager

McCarthy Holdings, Inc.; Phoenix (AZ); On-site; USD 90,000 - 140,000; Full time

Job summary

McCarthy Holdings, Inc. is seeking a Risk Manager to support its Renewables and Battery Storage (BESS) businesses in Phoenix.

The role focuses on reviewing contracts, recommending risk transfer strategies, and managing insurance programs with senior leadership and external brokers. Ideal candidates will have 7+ years in a similar role within construction or insurance, with EPC familiarity and designations such as CPCU/ARM/CRIS as a plus.

Qualifications

• Bachelor's degree preferred.
• Minimum of 7 years of experience in a similar role for a contractor, broker, or insurance company.
• Insurance designations such as CPCU, ARM, CRIS are a plus.
• Experience in the construction industry, Renewables or Industrial preferred.
• Familiarity with EPC agreements preferred.
• Understanding of construction industry insurance products and terminology.
• Exceptional interpersonal, written and verbal communication skills.
• Ability to provide high level of service to internal and external customers.
• Experience with large deductible insurance programs.
• Knowledge to review and provide contractual analysis.
• Strong financial acumen.

Responsibilities

• Review and analyze bid documents and specifications for new contracts.
• Prepare detailed executive summaries for senior management.
• Review insurance coverage issues related to contracts and agreements with legal and leadership.
• Evaluate and direct insurance pricing and coverage recommendations for pursuits.
• Create insurance bid specs for brokers to market coverage by project or company.
• Review, negotiate and approve project-specific policy forms.
• Assess owner-supplied insurance and subcontractor policies for coverage gaps.
• Assist with CCIP program development and monitoring at project sites.
• Ensure project coverage and bonds are managed through lifecycle and ERPs.
• Assist with insurance renewals and policy negotiations.
• Contribute data for annual property and casualty renewals.
• Maintain RMIS records and project data.

Skills

Contract analysis

Financial acumen

Interpersonal skills

Communication

Education

Bachelor's degree

Tools

RMIS

Job description

McCarthy Holdings, Inc. (McCarthy), is the holding entity for McCarthy Building Companies, Inc., the oldest privately-held national construction company in America, and Castle Contracting. McCarthy provides the crucial business infrastructure for these entities and connects the day-to-day operations to ensure seamless operations across the business. Repeatedly honored as a great place to work and healthiest employer, McCarthy is a 100 percent employee-owned company.

At McCarthy, we are committed to sustaining a culture that delivers great experiences for everyone. This begins with developing high-performing individuals and teams through our award-winning learning and development programs, best-in-class Total Rewards benefits, and our inclusive culture aligned with our core values: Genuine. We, Not I. All In.

How do McCarthy partners define our culture?

• We Live Our Core Values: We do whatever it takes to deliver on our promises with honesty and integrity.
• We are Employee Owned: We are personally invested in building the things people need in our communities.
• We Feel Like a Family: We value genuine connections and help each other succeed in an inclusive environment.
• We are Builders: We respect the work we do and everyone who helps make it happen safely.

Postion Summary

McCarthy Holdings, Inc. is currently searching for a Risk Manager to support its Renewables and Battery Storage (BESS) Business Units located in our Phoenix office.

Responsibilities

The Risk Manager is primarily responsible for the timely and accurate review, analysis and write-ups of contractual language for new construction projects. This position evaluates and recommends the appropriate risk transfer, risk financing and/or risk mitigation techniques considered necessary for each project. This is a highly visible position that requires interaction with Project Executives, Estimators, Business Unit Leadership, Legal, EVP of Risk Management, CFO and McCarthy’s brokers.

• Review and analyze Bid Documents and Specifications for new contracts.
• Prepare detailed Executive Summary upon completion of review of bid documents for Senior Management.
• Review insurance coverage issues related to construction contracts, lease agreements, subcontract agreements and consultant agreements with Corporate Legal, Business Unit Leadership and Construction Project Management and actively participate in contract negotiations.
• Evaluate, initiate and direct the appropriate insurance pricing and coverage recommendations for all new pursuits.
• Create insurance bid specifications that can be marketed by the company’s insurance broker to provide appropriate coverage on a project basis and/or company wide.
• Review, negotiate and approve project specific policy forms that will be bound to protect the project and in turn the company.
• Evaluate Owner supplied insurance (i.e., builders’ risk, OCIP) and other project specific insurance as well as Subcontractor furnished insurance policies in order to ensure the adequacy of such coverage and to identify any gaps in coverage; recommend alternatives and solutions.
• Assist the broker with the development, implementation and management of company sponsored Contractor Controlled Insurance Programs (CCIPs), including the ongoing financial evaluation of programs as well as the roll out and monitoring of the program at the project site.
• Ensure that all project specific insurance coverage and bonds are managed throughout the lifecycle of the project and the respective extended reporting period and/or completed operations period.
• Assist with completing all required insurance applications for coverage renewals.
• Assist in the review, comparison and negotiation of all McCarthy purchased insurance policies.
• Assist with the compilation/development of data for the company’s annual renewal of the property and casualty insurance program.
• Compile and maintain statistical reports as required.
• Participate / lead insurance and risk transfer training with Field Operation partners.
• Maintain project records in Risk Management Information System (RMIS) to keep information current and accurate and manage assigned tasks.
• Assist Claims Team in the investigation, handling and disposition of liability claims, including litigated matters.
• Assist Claim Team in responding to inquiries from the project site and Legal Department to identify the appropriate policy and notice to the proper insurance company.
• Assist Claim Team in the management of McCarthy’s third-party administrator on liability losses.

Qualifications

• Bachelor’s degree in related field preferred.
• Minimum of 7 yrs. experience in a similar role for a Contractor, Broker, or Insurance Co.
• Insurance designations a plus, e.g., CPCU, ARM, CRIS.
• Experience within the Construction Industry, in particular Renewables or Industrial preferred.
• Familiarity with EPC Agreements preferred.
• Understanding of construction industry insurance products and terminology.
• Exceptional interpersonal, written and verbal communication skills.
• Must be able to provide a high level of service to our internal and external customers.
• Experience with large deductible insurance programs.
• Knowledge and ability to review and provide contractual analysis.
• Strong financial acumen.

McCarthy is proud to be an equal opportunity employer, including disability and protected veteran status.

NOTICE TO EXTERNAL SEARCH FIRMS: McCarthy’s Talent Acquisition Team is the only authorized representative permitted to engage with external search firms, staffing agencies, or other third-party recruiting partners. McCarthy maintains an Approved Agency List for recruiting partners, which is reviewed and updated annually. McCarthy will only consider submissions from agencies with a signed fee agreement in place for the current year. McCarthy does not accept unsolicited resumes, candidate submissions, or referrals from agencies that do not meet these requirements. If a candidate is submitted without an active agreement, McCarthy will have no obligation to pay any fees and reserves the right to contact, engage, interview, or hire such candidate(s) without any financial or other responsibility to the submitting agency. Unsolicited resumes, including those sent directly to hiring managers or other employees, will be considered the property of McCarthy.