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Commercial Risk Manager Jobs in Utah (NOW HIRING)

Review subcontractor performance and commercial risk. * Support contract negotiations and claims management. * Work with leadership on achieving contract key performance indicators. * Identify ...

They bring a proactive approach to risk management and thrive in collaborative environments that ... Manage and monitor a commercial loan portfolio, overseeing performance, risk, and pipeline activity.

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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 is responsible for identifying, assessing, and mitigating risks that could impact a company's business operations and profitability. They analyze internal and external factors, develop risk management strategies, and implement policies to minimize potential financial losses or legal liabilities. These professionals often collaborate with various departments to ensure compliance and maintain the organization's risk profile within acceptable limits.

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.

Do commercial risk managers make good money?

Commercial risk managers typically earn a competitive salary that varies based on experience, industry, and location. According to industry data, median annual salaries range from $80,000 to over $130,000, with higher earnings possible for those with advanced certifications or extensive experience. The role often involves risk assessment, insurance management, and strategic planning, which are valued skills in many organizations.

What are the key skills and qualifications needed to thrive as a commercial risk manager?

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.
What are popular job titles related to Commercial Risk Manager jobs in Utah? For Commercial Risk Manager jobs in Utah, the most frequently searched job titles are:
What cities in Utah are hiring for Commercial Risk Manager jobs? Cities in Utah with the most Commercial Risk Manager job openings:

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 4 days ago


Okland Construction rating

8.6

Company rating: 8.6 out of 10

Based on 6 frontline employees who took The Breakroom Quiz


Job description

Description


ABOUT US

Okland is a commercial general contractor and construction management company with more than 1,300 team members, delivering complex projects across healthcare, semiconductor, higher education, sports, hospitality, and other specialized markets. Founded in 1918 in Salt Lake City, we have grown for more than a century and operate throughout Utah, Arizona, and Idaho.

What Makes Okland Different?

We Create Remarkable Experiences

We believe how we build is just as important as what we build, and we approach every relationship with care. From clients and trade partners to team members and communities, we focus on creating experiences that earn trust.

We Share Success

Okland combines the stability of family ownership with employee ownership through our Employee Stock Ownership Plan. This unique structure provides the long-term perspective, and values-driven leadership that have guided our company for generations, while giving team members the opportunity to share the success they help create.

We Build Better Together

Our culture is rooted in accountability, humility, and excellence. We challenge the status quo, empower problem-solving, and trust our teams to take ownership and act. We learn from one another and work toward shared goals to deliver meaningful work with lasting impact. We invest in the next generation of construction talent through apprenticeships, internships, and scholarships for our communities. By expanding access for women, underrepresented groups, and families of our craft workforce who are first-generation college students, we strengthen the future of construction.

ABOUT THIS OPPORTUNITY

If you’re a strategic, detail-oriented risk professional who thrives on balancing financial insight with operational awareness, this role is for you. As Risk Director, you’ll lead the enterprise-wide risk management program — from insurance strategy and claims oversight to safety alignment and contract risk allocation. You’ll be a trusted advisor to Finance, Legal, and Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the business. This is a high-impact role for someone who loves building structure, shaping policy, and driving results that protect both people and performance. 

YOUR DAY-TO-DAY 

Financial Risk Management 

  • Lead corporate and project-specific insurance programs, including GL, Builder’s Risk, Professional Liability, Umbrella/Excess, Cyber, and OCIP/CCIP.
  • Partner with Finance and Legal to ensure appropriate risk transfer, coverage, and contractual compliance.
  • Oversee COI compliance, OCIP/CCIP enrollment, and relationships with brokers, insurers, and third-party administrators.

Claims & Incident Management 

  • Manage insurance claims from incident through resolution, coordinating with adjusters, brokers, insurers, field teams, and Legal.
  • Ensure timely incident documentation, claim preparation, escalation, and resolution of high-value or disputed claims.

Operational Risk Oversight 

  • Identify, quantify, and monitor risks across safety, project delivery, subcontractor performance, and financial exposure.
  • Develop lessons learned and data-driven risk reduction initiatives with Safety and Operations.

Leadership & Strategy 

  • Lead enterprise emergency preparedness, business continuity, and crisis response efforts.
  • Establish KPIs and dashboards to identify risk trends and provide actionable insights to leadership.
  • Integrate risk strategy into business planning while promoting a proactive, risk-aware culture across the organization.

YOU’RE READY FOR THIS ROLE IF YOU HAVE

  • A bachelor’s degree in Risk Management, Business, Construction Management, Finance, or a related field.
  • 10+ years of progressive risk management experience within the construction or real estate development industry.
  • Deep knowledge of insurance programs relevant to large-scale commercial construction.
  • Proven ability to manage complex, cross-functional initiatives.
  • Familiarity with safety regulations, claims management, and risk control practices.
  • Professional designations such as ARM, CPCU, or CRIS.
  • Experience implementing or managing OCIP/CCIP programs.
  • Knowledge of construction contracts (AIA, ConsensusDocs).
  • Experience with risk analytics or insurance management systems.

WHAT WE OFFER

Culture & Recognition

Consistently recognized as a Best Place to Work in Utah, Arizona, and Idaho.

Pay, Ownership & Retirement

Weekly pay, competitive salary and bonus incentives, ESOP employee ownership, and an industry-leading 401(k) with a 6% employer match.

Benefits & Wellbeing

Free healthcare plan option plus medical, dental, vision, life, and disability coverage, paid parental leave, financial wellness tools, Employee Assistance Program, and mental health support.

Perks & Projects

Rewards including pro sports tickets, fitness memberships, travel vouchers, paid work anniversary sabbaticals, and award-winning projects recognized by AIA, ENR, and AGC.

PHYSICAL ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit, talk and/or hear. The employee is frequently required to use hands to finger, handle or feel. The employee is occasionally required to reach with hands and arms. The employee is occasionally required to climb or balance, stoop, kneel, crouch and/or crawl. The employee must also occasionally lift and/or move up to 20 pounds. Specific vision abilities include close vision and color vision. The employee is also required to frequently inspect the project and may be exposed to ongoing construction and various weather conditions. The noise level in the work environment may range from moderate to loud.

EEO STATEMENT

Okland is an equal opportunity employer and considers all applicants for employment based on merit, competence, performance, and business needs. We do not discriminate on the basis of any status protected under federal, state, or local law. Applicants will be considered regardless of their race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status or any other characteristic protected under federal, state, or local law. In addition to complying with all applicable laws, Okland also has a strong commitment to inclusion.

VISA AND SPONSORSHIP

Must be currently legally authorized to work in the US without sponsorship for employment visa status (e.g. H1B Status, O -1, CPT, OT, etc.). Unless specifically stated in this job posting, we are unable to sponsor or take over sponsorship of an employment visa at this time.


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