Construction Risk Insurance Specialist Jobs (NOW HIRING)

The Insurance Specialist supports the administration of construction insurance and subcontractor risk-management programs. This position reviews owner contracts and subcontract documents to identify insurance requirements, monitors subcontractor compliance, administers certificates of insurance and endorsements, and coordinates construction-related coverages.

The Insurance Specialist works closely with project teams, subcontractors, insurance brokers, and company leadership to resolve coverage deficiencies and reduce project risk. The position requires knowledge of construction-specific insurance programs and coverages, including Subcontractor Default Insurance (SDI), and Contractor-Controlled and Owner-Controlled Insurance Programs (CCIP/OCIP).

Salary Range: $85,000 - $100,000 annually

Benefits:

• Group medical, vision, and dental insurance, including a choice of two benefit plans (PPO plan and High Deductible/Health Savings Account plan with company contribution to HSA).
• Company-paid short and long-term disability plans, group life insurance, and AD&D plans.
• Sick leave accrued at 1 hour for every 30 hours worked, with an annual carryover of 80 hours.
• 9 paid holidays each year.
• Paid parental leave.
• Annual discretionary bonus based on company profitability and manager's assessment of performance.
• 401(k) savings plan with company matching up to 4% of pay and immediate vesting. Traditional (pre-tax) and Roth (post-tax) options available.
• Employee Stock Ownership Plan (ESOP): Participation in company-funded ownership after 1 year of service (at least 1,000 hours).

Job Responsibilities:

Contract and Insurance Requirements

• Review owner contracts, master agreements, and related documents to identify project-specific insurance requirements.
• Compare owner requirements with the company's standard subcontractor insurance requirements and recommend appropriate project-specific adjustments.
• Review contract documents to identify CCIP/OCIP enrollment requirements, insurance credits, coverage obligations, and exclusions.
• Identify insurance-related risks, exceptions, and requirements that may affect project execution.
• Determine whether subcontractor insurance deficiencies also create noncompliance with the applicable owner contract

Subcontractor Insurance Compliance:

• Establish new projects in myCOI and maintain accurate project and subcontractor insurance information.
• Assign the appropriate insurance requirement sets to subcontracts in myCOI.
• Identify noncompliant or incomplete documentation and coordinate corrections with internal teams, subcontractors, suppliers, and insurance brokers.
• Monitor subcontract start dates and proactively address deficiencies to help prevent subcontractors from beginning work without required insurance.
• Monitor accounting hold reports and assist with resolving payment holds caused by insurance noncompliance
• Track project completion dates and close projects in myCOI when appropriate.
• Coordinate contractor and subcontractor enrollment in Contractor-Controlled and Owner-Controlled Insurance Programs.
• Monitor CCIP/OCIP compliance and coordinate the correction of enrollment or documentation deficiencies with project teams, subcontractors, brokers, and program administrators.
• Assist with subcontractor closeout, final payroll reporting, and CCIP/OCIP program audits

Company Insurance Certificates:

• Request company certificates of insurance and endorsements from the company's insurance broker.
• Review company certificates and endorsements for accuracy and compliance before distribution.
• Coordinate the distribution of renewal certificates and updated insurance documents to project teams and other stakeholders.

Qualifications:

• Five to ten years of relevant experience in construction insurance, subcontractor risk management, certificate-of-insurance compliance, contract administration, or a related field.
• Working knowledge of insurance fundamentals, products, coverage forms, exclusions, and industry terminology
• Knowledge of construction-specific insurance programs and coverages, including SDI, CCIPs, and OCIPs.
• Experience reviewing subcontracts, certificates of insurance, and insurance endorsements.
• Understanding of construction trades, scopes of work, and associated risk exposures.
• Strong written and verbal communication skills, including the ability to explain compliance issues clearly and professionally
• Excellent organizational skills, attention to detail, and ability to meet deadlines while managing multiple priorities
• Strong internal client-service orientation and a collaborative approach to problem-solving.
• Proficiency with Microsoft Office applications.
• Experience with myCOI strongly preferred.
• Experience with CMiC is a plus.
• Demonstrated reliability, sound judgment, flexibility, initiative, and commitment to continuous improvement.

Physical Demands: 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.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

BNB believes in collaboration, team-building, and a strong supervisor/employee relationship. To accomplish this, the duties of this role are not performed in a remote capacity, and we expect that all employees will complete work in an office/job site setting.

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

Our Commitment to Inclusion

BNBuilders is committed to fostering, cultivating, and preserving an inclusive culture centered on our individual uniqueness. Our people are the most valuable asset we have. We are working towards making lasting changes to have a workplace where everyone feels safe and has a sense of belonging.

Note: BNBuilders retains the discretion to add to or change the duties of this position at any time.