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Construction Insurance Jobs in Indiana (NOW HIRING)

Senior Project Accountant

Indianapolis, IN · On-site

$75K - $97K/yr

Understanding of general contractor billing process in relation to construction insurance, salaries, burden rates. etc. * Ability to travel to project sites each month, as needed * Self-starter ...

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Construction Insurance information

See Indiana salary details

$38.1K

$90.6K

$143.7K

How much do construction insurance jobs pay per year?

As of Jul 30, 2026, the average yearly pay for construction insurance in Indiana is $90,559.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $109,900.00 per year, depending on experience, location, and employer.

What are the typical daily responsibilities in a Construction Insurance role?

Professionals in Construction Insurance spend their days assessing and underwriting insurance policies specific to construction projects, reviewing contracts and project plans to identify potential risks, and recommending appropriate coverage to clients. They frequently interact with contractors, project managers, and legal professionals to ensure all insurance requirements are met and claims are handled efficiently. The role often involves preparing detailed risk reports, processing endorsements and renewals, and staying updated on industry regulations and trends. This mix of analytical and interpersonal responsibilities makes each day varied, providing opportunities for both independent problem-solving and collaborative teamwork.

What is a Construction Insurance job?

A Construction Insurance job involves assessing, underwriting, and managing insurance policies tailored for the construction industry. Professionals in this role work to mitigate financial risks related to property damage, worker injuries, project delays, and liability claims. They collaborate with contractors, developers, and insurers to ensure compliance with regulations and provide customized coverage solutions. This role may include risk assessment, claims processing, and policy advising to safeguard construction projects and businesses.

What are the key skills and qualifications needed to thrive in the Construction Insurance position, and why are they important?

To excel in Construction Insurance, you need a solid understanding of construction industry practices, risk assessment, underwriting, and insurance products, generally supported by a bachelor's degree in business, finance, or a related field. Familiarity with policy management software, claims processing systems, and often the attainment of certifications such as Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) are highly beneficial. Strong analytical skills, attention to detail, relationship-building, and effective communication are crucial soft skills in this field. These capabilities are vital to accurately evaluate construction risks, maintain client trust, and facilitate smooth collaboration between clients, brokers, and underwriters.

What are the most commonly searched types of Construction Insurance jobs in Indiana? The most popular types of Construction Insurance jobs in Indiana are:
Infographic showing various Construction Insurance job openings in Indiana as of July 2026, with employment types broken down into 86% Full Time, 10% Part Time, 1% Temporary, and 3% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $90,559 per year, or $43.5 per hour.

Full-time

Re-posted 7 days ago


Job description

Job Location:

Corporate Indianapolis
The Mixed-use Project Accounting Manager will be responsible for working closely with the project development team to ensure a thorough financial oversight of key development projects. The position will require an in depth understanding of the budget, contracts, change orders, billing process, general conditions, supporting documentation requirements, and all other aspects surrounding the financial controls, development and construction process. The position will be responsible for assisting in oversight of multiple projects. The position will work primarily with the Simon Development and Construction departments to complete its duties, but reporting oversight of the position will be through the Development Accounting department.

Responsibilities

  • Detailed understanding of the project budget to ensure proper cost coding and reporting.

  • Review all vendor, consultant, contractor agreements and associated change orders; ensure proper coding to job cost.

  • Review all invoices from vendors, contractors, and consultants to ensure amounts are billed in accordance with the related contracts and supported by the required documentation, such as conditional and unconditional lien waivers from the general contractor and the subcontractors.

  • Detailed review of the GC's monthly billing, including the review of general conditions and general requirements to ensure proper labor rates, insurance, fees, etc.

  • Track contract buyouts against the schedule of values and report on status of funds available to project management.

  • Work with the team to ensure all required estimates to complete are accounted for and reported properly utilizing the available systems.

  • Work with the Financial Reporting department to ensure proper monthly project reporting, as well as to provide recommended accruals of accounts payable.

  • Track and report on all usage of allowances and contingencies within the GC's contract, as well as the use of owner contingency.

  • Review and report on potential cost exposures as they are identified

  • Review all proposed change orders and ensure costs/exposures are captured in periodic budget updates/forecasts.

  • Update supplemental project schedules on a periodic basis to reflect actual committed costs, estimate to complete, projected final costs and forecasted savings / exposures.

  • Calculate or confirm cost allocations between project scopes, as needed.

  • Assist Financial Reporting with the preparation of any cost re-allocations that may be needed throughout the project term.

  • Preparation of funding request packages to be submitted to municipalities, banks or partners.

  • Review, calculate and coordinate tracking of sales and use tax, including preparation of support for tax accrual entries.

  • Provide assistance, when needed, to internal and external audit in relation to pre-construction audits, interim audits, and post-audits.

  • Assist project manager with the close-out process to ensure proper documentation is obtained.

  • Prepare any final vendor reconciliations/contract adjustments at closeout to ensure project has no exposures or commitments pending.

  • Ensure vendor, contractor and consultant insurance requirements are met and maintained.

  • Any other tasks required to assist in the financial oversight of the project.

Minimum Requirements

  • Bachelor's degree in accounting

  • Previous construction audit experience, as well as experience interacting with construction contractors on the owners behalf

  • Previous experiences in managing finances on construction projects

  • Understanding of general contractor billing process in relation to construction insurance, salaries, burden rates. etc.

  • Ability to travel to project sites each month, as needed

  • Self-starter, energetic, enthusiastic

  • Excellent interpersonal, written and verbal communication skills

  • Computer proficiency of Microsoft and construction industry software platforms

  • Understanding of construction processes and documents

  • Capacity to multi-task in a composed and professional manner