Financial Risk Manager Jobs in Washington, DC (NOW HIRING)

The Risk Manager is responsible for leading the project's risk management program and ensuring that risks and opportunities are identified, evaluated, documented, communicated, and managed throughout the project lifecycle. This position works closely with project leadership, construction teams, engineering, safety, quality, procurement, legal, and commercial personnel to proactively manage risks that may affect project objectives.

The Risk Manager develops and maintains the project risk register, facilitates risk assessments, monitors mitigation plans, and provides reporting and analysis to support informed decision-making.

Collaborate with industry experts and committed teams to shape successful project outcomes and safeguard our interests.  

Apply now and transform your career with us. 

• Insurance Program Administration

  • Manage and administer the Purple Line Project Owner Controlled Insurance Program (OCIP).
  • Coordinate contractor enrollment and compliance with OCIP requirements.
  • Review insurance certificates, endorsements, and coverage requirements.
  • Monitor insurance program performance and compliance with contractual obligations.
  • Serve as the primary contact for insurance carriers, brokers, and project stakeholders.

  Claims Management

  • Direct and oversee all project-related claims, including:
  • Workers' Compensation
  • General Liability
  • Automobile Liability
  • Property Damage
  • Professional Liability
  • Management Liability
  • Coordinate claim investigations, documentation, reporting, and resolution activities.
  • Review loss trends and identify opportunities for risk reduction.
  • Collaborate with legal counsel and insurance carriers regarding litigation and settlement strategies.
  • Monitor claim reserves and claim closure performance.

  Risk Assessment and Mitigation

  • Identify operational, contractual, insurance, and safety-related risks affecting the project.
  • Develop and implement risk mitigation strategies.
  • Analyze incident and claims data to identify emerging trends.
  • Support crisis management and incident response activities.
  • Recommend corrective actions to reduce project exposure.

  Contractor Compliance

  • Monitor contractor compliance with insurance and contractual requirements.
  • Conduct audits of contractor insurance documentation and payroll reporting.
  • Review enrollment submissions and verify eligibility for participation in the OCIP.
  • Resolve compliance deficiencies and coverage issues.

  Reporting and Stakeholder Communication

  • Prepare monthly and quarterly risk management reports.
  • Present claims, insurance, and risk management updates to executive leadership and project stakeholders.
  • Facilitate regular claims review and risk management meetings.
  • Provide guidance to project teams regarding insurance coverage and risk-related matters.

  Safety and Loss Prevention

  • Partner with project safety teams to identify and address risk exposures.
  • Participate in safety committee meetings and incident reviews.
  • Support return-to-work initiatives and injury management programs.
  • Utilize claims and incident data to support proactive safety improvements.

  Regulatory and Contractual Compliance

  • Ensure compliance with applicable insurance regulations and project contractual requirements.
  • Support audits and reporting requirements for project owners and governmental agencies.
  • Maintain complete and accurate records related to claims, insurance, and compliance activities.

Education

• Bachelor's degree in Risk Management, Business Administration, Construction Management, Finance, Insurance, or related field preferred.

Experience

• Minimum 10 years of experience in construction risk management, insurance administration, OCIP/CCIP management, or claims management.
• Experience supporting large transportation, transit, infrastructure, or heavy civil construction projects.
• Demonstrated experience managing complex insurance and claims programs.

Knowledge, Skills, and Abilities

• Extensive knowledge of OCIP and CCIP programs.
• Strong understanding of construction insurance coverages and claims processes.
• Knowledge of workers' compensation, general liability, automobile liability, property, and professional liability claims.
• Experience working with insurance carriers, brokers, attorneys, and project owners.
• Strong analytical, organizational, and communication skills.
• Ability to manage multiple stakeholders and complex issues simultaneously.

Preferred Certifications

• Associate in Risk Management (ARM)
• Certified Risk Manager (CRM)
• Construction Risk and Insurance Specialist (CRIS)
• CPCU (Chartered Property Casualty Underwriter)
• Relevant insurance or risk management certifications

Some of the benefits you may be eligible for as an employee are:

• Comprehensive compensation package and paid time off program
• Industry leading 401(k)/RRSP
• Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
• Wellness benefits & Employee Assistance Program
• Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.