Senior Risk Manager

New River Electrical Corporation; Granville Township (OH); On-site; USD 120,000 - 180,000; Full time

Job summary

New River Electrical Corporation seeks a Senior Risk Manager to lead the ERM program, captive study, and insurance/claims functions. The role reports to the Senior Vice President and General Counsel and may be based in Strongsville or Granville, Ohio.

You will supervise two staff, partner with finance, safety, HR, and legal, and drive risk-management initiatives across the enterprise to support strategic objectives and regulatory compliance.

Qualifications

• Bachelor's degree required; degree in risk management, insurance, finance, business, or related field preferred.
• Minimum of 7 years of progressive risk management, insurance, or claims experience, including at least 2 years of direct supervisory or team-leadership experience.
• Captive insurance experience or familiarity with ERM frameworks is a plus.

Responsibilities

• Develop, implement, and manage the Enterprise Risk Management program and report to senior leadership.
• Lead captive insurance feasibility study and coordinate with actuaries, managers, brokers, and legal advisors.
• Own and administer the company's insurance program, renewals, certificates of insurance, and surety/bonding processes.
• Oversee claims management across all lines of coverage, coordinating with carriers and external counsel.
• Review contracts and customer agreements for insurance, indemnification, and risk allocation provisions.

Skills

Emotional intelligence

Leadership

Communication

Project management

Accountability

Adaptability

Education

Bachelor's degree in risk management, insurance, finance, business, or related field

ARM / CPCU / CRM or similar designation preferred

Tools

RMIS

Microsoft Office Suite

Job description

As the Senior Risk Manager at New River Electrical Corporation (the "Company"), you will lead the Company's Risk and Insurance function and serve as a senior member of the Risk and Insurance Department. You will develop and manage the Company's Enterprise Risk Management (ERM) program, direct the day-to-day work of the Risk and Insurance team, and own the Company's insurance, claims, surety, and contract-risk functions. You will provide seasoned direction to the team, act as the primary point of coordination between the Risk and Insurance group and senior leadership, and lead a captive insurance company feasibility study. This position reports to the Senior Vice President, General Counsel and may be based in Strongsville, Ohio or Granville, Ohio.

DUTIES/RESPONSIBILITIES

• Develop, implement, and manage the Company's Enterprise Risk Management program, including risk identification, assessment, prioritization, mitigation planning, monitoring, and reporting to senior leadership.
• Establish and maintain a risk register and supporting processes, and drive a consistent, organization-wide approach to identifying and managing enterprise risks.
• Partner with leadership across finance, operations, safety, HR, and legal to embed risk management into business planning and decision-making.
• Prepare and deliver periodic ERM reporting to executive leadership and, as directed, to the board or applicable committees.

Captive Insurance & Risk Financing

• Lead the Company's captive insurance company feasibility study, including coordination with actuaries, captive managers, brokers, tax and legal advisors, and internal stakeholders, and present findings and recommendations to senior leadership.
• Evaluate alternative risk-financing structures and retention strategies, and make recommendations on optimal program design.

Insurance & Surety Program

• Own and administer the Company's insurance program, including property, general liability, auto, workers' compensation, professional/pollution, cyber, and excess/umbrella coverages, in coordination with brokers, carriers, and advisors.
• Direct the annual insurance renewal process, including underwriting data collection, exposure analysis, application preparation, and coverage placement.
• Oversee the certificate of insurance process (issuance to customers and collection/review from subcontractors and vendors) and the surety and bonding program, both primarily executed by the Risk and Insurance Specialist.

Claims Management

• Oversee claims across all lines of coverage, including workers' compensation, primarily executed by the Claims Administrator, including intake, reporting, reserve monitoring, and coordination with carriers, third-party administrators, adjusters, and outside counsel.
• Assist with claims and litigation management, including document collection and preservation, matter tracking, and coordination with outside counsel.
• Assist with safety-related matters and labor and employment matters as needed, including support for incident investigations, regulatory responses, and document preparation.
• Oversee review of contracts, subcontracts, and customer agreements for insurance, indemnification, limitation of liability, and risk-allocation provisions, primarily executed by the Risk and Insurance Specialist, coordinating with the Legal Department on recommended positions.
• Answer, track, and manage customer risk assessments, pre-qualification questionnaires, and vendor qualification submissions.
• Draft, review, and prepare risk-related documents, including internal policies, procedures, and risk and loss reports.
• Partner with the Senior Vice President, General Counsel and other members of the Legal and Compliance Department to develop risk and compliance training content and substantive templates for use across the organization.
• Support compliance program administration, including policy management, monitoring activities, and risk and compliance reporting.
• Conduct research on statutes, regulations, and industry standards relevant to the Company's risk exposures.
• Perform other duties as assigned.

SUPERVISORY RESPONSIBILITIES

Directly supervise, mentor, and develop the Risk and Insurance team, currently consisting of two direct reports:

• Claims Administrator, responsible for claims handling across lines of coverage, including workers' compensation.
• Risk and Insurance Specialist, responsible for contract review, surety and bonding, certificates of insurance, and coordination with the Company's insurance broker.
• Set priorities, provide daily direction and coaching, manage workload allocation, conduct performance reviews, and build the capability and capacity of the team as the ERM program matures.

CORE COMPETENCIES

• Demonstrates a high degree of emotional intelligence, including self-awareness, empathy, and the ability to navigate sensitive situations with sound judgment and composure.
• Builds trust-based relationships across all levels of the organization, approaching colleagues as a true partner and teammate rather than solely as an administrative resource.
• Provides clear direction and develops others, setting priorities and holding a team accountable while supporting its growth.
• Communicates with clarity, candor, and respect, able to deliver difficult messages constructively and receive feedback with openness.
• Thrives in a collaborative, team-oriented environment and actively contributes to a positive and supportive workplace culture.
• Adapts communication style and approach to meet the needs of diverse stakeholders, from field operations to senior leadership.
• Demonstrates accountability, reliability, and a genuine commitment to the success of the team.
• Handles confidential information securely and in accordance with legal and corporate policies.

QUALIFICATIONS

• Bachelor's degree required; degree in risk management, insurance, finance, business, or a related field preferred.
• Minimum of 7 years of progressive risk management, insurance, or claims experience, including at least 2 years of direct supervisory or team-leadership experience. Construction, electrical, or industrial-sector experience strongly preferred.
• Professional designation preferred: Associate in Risk Management (ARM), Chartered Property Casualty Underwriter (CPCU), Certified Risk Manager (CRM), or similar.
• Demonstrated experience building or managing risk programs; familiarity with recognized ERM frameworks such as COSO ERM and ISO 31000 a plus.
• Experience with commercial insurance programs, renewals, certificates of insurance, and surety/bonding processes.
• Experience overseeing claims management, including workers' compensation.
• Experience reviewing contract risk-allocation provisions, including insurance, indemnification, and limitation of liability terms.
• Captive insurance experience (feasibility, formation, or captive management) preferred.
• Strong organizational and project management skills and high attention to detail, with the ability to manage multiple priorities and deadlines simultaneously.
• Strong communication and interpersonal skills, with the ability to interact effectively with senior management, business partners, and external stakeholders.
• High ethical standards and professional integrity.
• Proficiency in Microsoft Office Suite and risk management information systems (RMIS) or comparable platforms.
• Ability to work independently and as part of a team.

AAP/EEO Statement

It has been and will continue to be a fundamental policy of the Company not to discriminate on the basis of race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or status as a veteran, or any other basis protected by applicable federal, state or local law, with respect to recruitment, hiring, training, promotion, and other terms and condition of employment.