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Commercial Risk Manager Jobs in Alabama (NOW HIRING)

Manage the contractual relationships to resolve disputes promptly and directly interface with ... Mitigate Commercial risk to Energy Networks through development and use of Risk Registers.

The Commercial Lines CSR will respond to client calls about policy and coverage questions and consult with clients on policy changes and risk management concerns. This position will be responsible ...

Cyber Security Manager

Huntsville, AL · On-site

$109K - $147K/yr

... risk management, and authorization across a hybrid DoW and commercial space enterprise. This role is responsible for securing a complex system-of-systems including satellite payloads, spacecraft ...

Cyber Security Manager

Huntsville, AL · Hybrid

$109K - $147K/yr

... risk management, and authorization across a hybrid DoW and commercial space enterprise. This role is responsible for securing a complex system-of-systems including satellite payloads, spacecraft ...

Cyber Security Manager

Huntsville, AL · Hybrid

$109K - $147K/yr

... risk management, and authorization across a hybrid DoW and commercial space enterprise. This role is responsible for securing a complex system-of-systems including satellite payloads, spacecraft ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Utilize consultative sells skills, commercial playbook principals and call reporting plans to ...

Contract & Risk Management * Draft, review, and negotiate commercial contracts and service agreements in partnership with the legal department. * Ensure contract compliance, risk mitigation, and ...

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Commercial Risk Manager information

How does a Commercial Risk Manager typically collaborate with other departments within an organization?

A Commercial Risk Manager works closely with various departments such as sales, finance, legal, and operations to identify, assess, and mitigate risks that could impact business objectives. This role often involves facilitating risk assessments, providing guidance on contract terms, and ensuring compliance with internal policies and external regulations. Effective communication and relationship-building are key, as the Commercial Risk Manager must translate complex risk concepts into actionable recommendations for different teams. Regular cross-functional meetings and risk reporting are common practices to keep all stakeholders informed and aligned.

What does a commercial risk manager do?

A commercial risk manager identifies, assesses, and mitigates financial and operational risks that could impact a company's commercial activities. They analyze market conditions, develop risk management strategies, and often use tools like risk assessment software to protect the organization’s assets and profitability. Strong analytical skills and industry knowledge are essential for this role.

What is the difference between Commercial Risk Manager vs Insurance Underwriter?

AspectCommercial Risk ManagerInsurance Underwriter
CredentialsTypically requires a bachelor's degree in business, finance, or risk management; professional certifications like CRM or RIMS are commonRequires a bachelor's degree in finance, economics, or related fields; certifications like CPCU or ARM are advantageous
Work EnvironmentWorks within companies to assess and mitigate risks related to commercial operationsWorks for insurance companies to evaluate and price insurance policies
Industry UsageUsed across industries to manage business risks and ensure financial stabilityPrimarily in insurance companies to determine policy terms and premiums

The Commercial Risk Manager and Insurance Underwriter roles share a focus on risk assessment and require similar credentials. However, the Risk Manager works internally to manage company risks, while the Underwriter evaluates risks to set insurance policies. Both roles are vital in their respective sectors and often collaborate to ensure comprehensive risk coverage.

What is the highest salary for a risk manager?

The highest salaries for commercial risk managers can exceed $150,000 annually, especially for those with extensive experience, specialized certifications, or leadership roles in large organizations. Top earners often work in industries like finance, insurance, or energy and may receive bonuses and other incentives.

What are the key skills and qualifications needed to thrive as a Commercial Risk Manager, and why are they important?

To thrive as a Commercial Risk Manager, you need expertise in risk assessment, financial analysis, and a solid understanding of regulatory compliance, typically supported by a bachelor’s degree in finance, business, or related fields. Familiarity with risk management software, data analytics tools, and relevant certifications such as CRM (Certified Risk Manager) or FRM (Financial Risk Manager) is often required. Strong communication, problem-solving, and decision-making abilities help build trust with stakeholders and manage complex risk scenarios. These skills ensure the organization can proactively identify, evaluate, and mitigate potential risks, safeguarding company assets and supporting business growth.

How much does a risk manager get paid?

A commercial risk manager's average salary in the United States ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. Senior risk managers or those with specialized certifications can earn higher compensation, often exceeding $150,000 per year.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles typically require extensive experience, advanced certifications like FRM or CRM, and strong leadership skills in financial or corporate risk environments.
What are popular job titles related to Commercial Risk Manager jobs in Alabama? For Commercial Risk Manager jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Commercial Risk Manager jobs in Alabama look for? The top searched job categories for Commercial Risk Manager jobs in Alabama are:

Contracts Administrator

Electra Grid Solutions, LLC

Irondale, AL • On-site

Full-time

Posted 22 days ago


Job description

Job Title: Contracts Administrator
Location: Birmingham AL, USA
Position Reports To: Commercial Operations Manager
Job Classification: Full Time
Company: Electra Grid Solutions
electragridsolutions.com
Job Summary
The Contracts Administrator plays a critical role in managing, reviewing, and overseeing contracts with customers, vendors, subcontractors, and strategic partners within the utility industry. This position ensures all contracts are accurate, legally compliant, and aligned with Electra Grid Solutions' operational and financial goals. A key focus of this role is supporting bid development and proposal submissions, particularly those involving labor costing, crew rates, and workforce allocations. The Administrator also supports storm response operations, ensuring the rapid execution of contracts, crew mobilization, and compliance during emergency deployments. This role helps minimize risk while fostering strong relationships with clients, vendors, and stakeholders, and contributes directly to the success of project bids and contract execution.
Job Duties and Responsibilities
  • Prepare and present cost proposals and bids, including detailed labor costing and crew rate breakdowns, to the leadership team.
  • Evaluate vendor and subcontractor proposals to ensure all bid and contract requirements are met.
  • Track and manage contract performance to ensure deliverables, deadlines, and labor cost targets are met.
  • Ensure contracts comply with company policies, legal regulations, and applicable labor laws.
  • Collaborate with attorneys, commercial risk management, and workers' compensation teams to resolve disputes or compliance issues.
  • Review and interpret construction bid packages, general and supplemental conditions, and key contract documents.
  • Coordinate and lead bid project teams and discussions, with a focus on labor cost planning and workforce deployment.
  • Implement contract and compliance processes to ensure EGS is compliant with all RFI and RFP submittals.
  • Understand relationships, roles, and responsibilities of subcontractors and contractors in bid projects.
  • Act as the primary liaison between EGS and the client's Construction Manager and Officer.
  • Manage contract rate entry into bookkeeping software for crews, foremen, employees, and storm crews, ensuring labor costs are accurately tracked.
  • Initiate and manage purchase orders with designated vendors.
  • Support storm response operations by:
    • Rapidly reviewing and executing emergency contracts.
    • Coordinating labor costing and crew rates for storm mobilization.
    • Ensuring compliance with emergency response protocols and client requirements.
    • Facilitating communication between field teams, clients, and leadership during storm events.
  • Perform other duties as assigned.

Requirements
  • Ability to work independently with minimal supervision.
  • Excellent verbal and written communication skills.
  • Excellent interpersonal and customer-focused skills.
  • Excellent organizational skills and attention to detail.
  • Works well in a team environment.
  • Excellent time management skills with a proven ability to meet deadlines.
  • Ability to function well in a high-paced and at times stressful environment.
  • High level of professionalism and integrity.
  • Strong interpersonal skills with the ability to maintain a professional demeanor.
  • Ability to maintain strict confidentiality regarding sensitive employee and company information.
  • Ability to travel for contract bidding and meetings upon request.

Working Conditions
  • Work is primarily office-based with standard use of computers and office equipment.
  • May require occasional travel as required.
  • May require occasional lifting (up to 20 lbs.) and extended periods of sitting or computer use.
  • Substantial movements of the hands, wrists, and/or fingers.
  • Required to have close visual acuity to perform activities such as preparing and analyzing data and figures, or viewing a computer screen.

Education and Experience
Required
  • A High School Diploma or equivalent is required.
  • 3-5 years of contract administration experience.
  • Intermediate proficiency in the Microsoft Office Suite

Preferred
  • Bachelor's degree in Business Administration, Law, or Engineering, or a related field preferred.
  • At least three to five years of Utility Contract Management Administration experience preferred.
  • CPCCM or CCCM certification
  • Familiarity with construction contracts and public procurement processes
  • Experience with RFI/RFP response processes

Key Attributes
  • Self-Motivated - Demonstrates initiative by proactively identifying tasks and taking ownership of responsibilities.
  • Team-Oriented - Collaborates effectively with colleagues, fostering a supportive and respectful work environment.
  • Customer-Focused - Prioritizes customer and employee satisfaction by delivering timely, accurate, and helpful responses.
  • Safety-Minded - Consistently adheres to company safety policies and procedures.

Additional Notes
  • This job description is not intended to be all-inclusive. Other duties may be assigned as needed to meet the ongoing operational goals of Electra Grid Solutions.

Join Our Team
At Electra Grid Solutions, we are committed to safety, operational excellence, and strengthening the infrastructure that powers our communities. If you're a detail-oriented and reliable contract professional who thrives in a fast-paced environment and values integrity, compliance, and operational excellence, we invite you to join the Electra Grid Solutions team.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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.