Risk Manager

Overview

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The experienced and strategic Risk Manager works to oversee and enhance our risk management framework for the entire corporation. The Risk Manager will identify, assess, and mitigate internal and external risks to protect the company’s financial health, operations, and reputation. This role involves working cross-functionally with leadership, legal, finance, operations, and safety teams to develop and enforce policies that minimize risks and ensure business continuity.

Location: Corporate offices located in Lewisville (DFW), TX - relocation assistance available.

Reporting Relationships:

• Reports Into:
  Director of Treasury and Risk Management
• Direct Reports:
  Manage (1) one direct report

• Lead the development and execution of comprehensive risk management strategies for all areas operations.
• Continuously monitor industry trends, regulatory changes, and operational developments to adjust risk strategy accordingly.
• Collaborate with Executive Leadership to define and align the organization’s risk appetite with operational objectives.
• Present analysis of enterprise risk exposures, insurance performance, and claim trends to senior leadership, insurers, and financial stakeholders.
• Analyze loss data across all lines of insurance (e.g., General Liability, Workers' Compensation, Property, Auto, Pollution, D&O) to identify trends and implement corrective action plans.
• Partner with plant managers, project leads, and operational supervisors to identify hazards and implement mitigation strategies.
• Deliver risk awareness training and resources to departments across the organization to promote a culture of safety and accountability.
• Support internal quality and safety committees by updating policies and procedures to align with risk control best practices.
• Maintain industry expertise through ongoing professional development and participation in risk forums and conferences.
• Manage one direct report and provide support for employee benefits and workers’ compensation administration.

• In partnership with brokers and insurers, design and manage risk financing strategies that align with corporate objectives, including traditional placements, wrap-ups, and project-specific programs.
• Oversee the annual marketing and renewal of all insurance lines, ensuring adequate limits and appropriate retentions in alignment with the company's risk appetite.
• Conduct due diligence and risk assessments on acquisitions and new development opportunities.
• Collaborate with Finance and Project Management teams to:
  • Develop the annual risk management budget and allocate insurance and loss costs across facilities, job sites, and business units.
  • Monitor the total cost of risk and implement cost control measures.
  • Track and allocate claim reserves and deductibles across operational units.
  • Review and assess legacy contracts to ensure they align with current insurance structures and compliance requirements.
• Review insurance and indemnity provisions in construction contracts, supplier agreements, and other legal documents to ensure risk is appropriately transferred.
• Manage the organization’s surety bond program, including bid bonds, performance bonds, payment bonds, and license/permit bonds; ensure bond capacity supports ongoing and future project needs.
• Coordinate with project and legal teams to assess bonding requirements in construction contracts and ensure timely bond issuance and compliance.

• Supervise claim management functions across all lines, including workers’ comp, liability, auto, and property.
• Review claim files, assess financial exposure, establish reserves, and approve settlements within authority.
• Direct outside counsel in defense strategies and manage litigation through mediation, arbitration, and trial as needed.
• Support facilities and job sites with incident response and reporting for theft, cyber events, property damage, and workplace injuries.
• Analyze claims history for recurring trends and assess opportunities…