Risk Manager

Job Title: Risk Manager
Division: MBC Holdings, Inc. of Ohio
Location: Columbus or Archbold, Ohio
Exempt/Non-Exempt: Exempt
Updated as of: August 2024

Summary

The Risk Manager for MBC Holdings plays a pivotal role in identifying, analyzing, and mitigating risks inherent to our operations.  The Risk Manager will oversee all aspects of corporate and field risk across all MBC Holdings enterprise to ensure that our strategic business plan is able to be executed safely, efficiently, and in compliance with regulatory standards. This role requires an individual with a strong legal and business background. We are looking for an individual that is a strategic thinker with an understanding of risk management practices that are applicable to the construction industry. This individual works closely with project managers, contract coordinators, health and safety teams, human resources and legal teams.

Essential Functions

1. Insurance Management:
   Responsibilities include directing the purchase of insurance programs, management of claims and loss control activities, management of relationships with third party service providers including brokers, insurers and other TPAs, preparing loss analyses and budgets, identifying exposures, recommending solutions, implementing approved programs, promoting loss prevention, updating and monitoring compliance with insurance procedures and managing safety/risk management manuals. Manage project insurance manual and ensure they are received and reviewed prior to project award dates.
2. Claims Management:
   Mitigates the organization’s exposure to risk by formulating, developing, and coordinating all claims-related activities, as well as resolving bona fide claims at the least possible cost through various risk transfer techniques. Directs an internal process to ensure the proper and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims. Responsible for post loss reduction techniques such as salvage, subrogation and rehabilitation.
3. Workers’ Compensation Claims Management:
   Manages accountabilities in the administration of first and third party worker’s compensation claims. This role oversees claim management strategies critical to the organization’s success. Understands and operationalizes programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome management; and the delivery of claim information. Manages litigated and moderately complex claims and is entrusted with significant settlement authority. Understands and communicates claims management philosophy and strategy to business unit and regional management. Builds, maintains, and manages relationships with claims adjusters, insurers, outside legal counsel, and other claims related parties. Ensures external reporting requirements are met. Operationalizes the design, analysis and delivery of claim information which influences risk management behavior through performance metrics and benchmarking.
4. Risk Assessment Duties:
   Review, advise, and recommend company contract risk and negotiations. Establish and maintain compliance for Certificate of Insurance (“COI”) for general and subcontracting. To include subcontract and purchase order language for markups from vendors. Develop and implement subcontractor prequalification standard and execution strategy. Provide a risk assessment and recommendations on project mark ups and negotiations on a case by case basis. Oversee compliance for OCIP and CCIP projects with workers compensation, payroll, and enrollment and contract deadlines. Take into account financial, legal, environmental and reputational risks, plus risks to the workforce and organization they work for. Conduct risk assessments and develop risk profiles for each project, ensuring that all relevant risks are documented and understood by project teams. Provides a risk assessment on projects for internal review & negotiation with client.
5. Business Management:
   Reports and oversees updated federal and state regulation changes for business risk management practices. Follows all regulations and recommend ramifications for internal processes. Establish monthly and quarterly market trends connected to business internal control measures. Work with contract administrators supporting business risk for pending contracts across the MBC Holdings enterprise. Review and coordination of subcontracts issued, reviewing our PO language specific to each state the company operates within. Evaluate existing policies and procedures to find weaknesses. Create contingency plans to manage crises. Work closely with project managers, health and safety teams, human resources and legal teams. Partner with vendors to make recommendations on identifying any subcontractor risk in new areas with our geographical growth.

Essential Functions

Education: 

• Bachelor’s degree in construction management, engineering, business administration or a related field is required.
• Advanced degree in legal juris doctorate or Masters of Law preferred.
• Proven track record of developing and implementing effective risk management strategies.

Experience:

• Professional certifications such as Certified Risk Manager (CRM).
• Minimum of 7-10 years of experience in construction risk management, project management or a related field.
• Proven experience managing risks on large-scale construction projects, preferably within the private and public sector.

Skills:

• Strong understanding of risk management principles and practices in the construction industry, with a thorough understanding of construction operations and associated risks.
• Excellent analytical, problem-solving and decision-making skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with a wide range of stakeholders.
• Strong leadership abilities with experience managing teams and fostering a collaborative work environment.
• Exceptional communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.
• Demonstrated ability to manage multiple priorities and drive results in a fast-paced environment.
• Detail-oriented with a strong focus on accuracy and compliance.
• Ability to work independently and manage multiple tasks and projects simultaneously.
• Initiative-driven with a proactive approach to risk management.
• Proven track record of developing and implementing effective risk management strategies.
• Travel required is expected to be up to 20% but may increase over time as the business evolves.

Environment or Physical Working Conditions

• Ability to work with occasional exposure to dirty and dusty conditions and extremes of weather
• Ability to work under conditions of: frequent exposure to dusty conditions and the full range of weather

This job description in no way states or implies that these are the only duties to be performed by the associate(s) incumbent in this position. A review of this Job Description has excluded the marginal functions of the position that are incidental to the performance of the fundamental job duties. All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent(s) will possess the knowledge, skills and abilities to perform each job duty proficiently. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities.

EEO Disclaimer
We are proud of the fact that we extend equal employment opportunities to all qualified employees and applicants for employment without regard to race, color, ethnicity, sex, sexual orientation, gender status, age, pregnancy, religion, national origin, citizenship, ancestry, physical or mental disability, medical condition, marital status, genetic information or condition, military or veteran status, political belief, or any other basis prohibited by federal, state or local law.

All phases of employment including, but not limited to, recruiting, hiring, selection for training, promotion, demotion, discipline, rates of pay or other compensation, transfer, layoff, termination, recall, use of all facilities, and participation in all company-sponsored activities, will be administered so as to further the principle of equal employment opportunity.