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Reporting directly to the Senior Vice President, Chief Risk Officer (CRO), this position plays a critical role in establishing strategy, governance, and enterprise-wide integration of risk management ...
Reporting directly to the Senior Vice President, Chief Risk Officer (CRO), this position plays a critical role in establishing strategy, governance, and enterprise-wide integration of risk management ...
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This role also provides strategic insights to senior leaders and governance committees regarding ... Experience overseeing models through the model risk management lifecycle * Knowledge and ...
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The Senior Data Analyst, Risk Management and Compliance supports Risk department reporting by ... Develop data models and governance practices that support Risk reporting, compliance, information ...
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LOB Risk Spec Sr
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Senior AI Engineer
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The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
The Opportunity As a Risk Management - Contract Specialist - Managed Services - Senior Manager, you will lead initiatives in enterprise risk management, focusing on business continuity, risk model ...
Senior Model Risk Management information
See Mansfield, TX salary details
$20.2K - $35.4K
2% of jobs
$35.4K - $50.7K
2% of jobs
$50.7K - $66K
12% of jobs
$75.3K is the 25th percentile. Wages below this are outliers.
$66K - $81.3K
15% of jobs
$81.3K - $96.5K
16% of jobs
The median wage is $99.6K / yr.
$96.5K - $111.8K
16% of jobs
$125.3K is the 75th percentile. Wages above this are outliers.
$111.8K - $127.1K
14% of jobs
$127.1K - $142.4K
9% of jobs
$142.4K - $157.7K
10% of jobs
$157.7K - $172.9K
3% of jobs
$172.9K - $188.2K
2% of jobs
$20.2K
$106K
$188.2K
How much do senior model risk management jobs pay per year?
What is the difference between Senior Model Risk Management vs Model Validation Analyst?
| Aspect | Senior Model Risk Management | Model Validation Analyst |
|---|---|---|
| Credentials | Advanced degrees in finance, statistics, or related fields; certifications like FRM or CFA | Similar credentials; often holds CFA, FRM, or related certifications |
| Work Environment | Strategic oversight, risk assessment, policy development within financial institutions | Hands-on model testing, validation, and documentation in quantitative teams |
| Industry Usage | Used across banking, insurance, asset management for risk governance | Primarily in banking and financial services for model validation roles |
While both roles require quantitative expertise and relevant certifications, Senior Model Risk Management focuses on overseeing and managing model risks at a strategic level, whereas Model Validation Analysts concentrate on testing and validating models to ensure accuracy and compliance.
What are the most commonly searched types of Model Risk Management jobs in Mansfield, TX?
The most popular types of Model Risk Management jobs in Mansfield, TX are:
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For Senior Model Risk Management jobs in Mansfield, TX, the most frequently searched job titles are:
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Cities near Mansfield, TX with the most Senior Model Risk Management job openings:
Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 28 days ago
Key responsibilities
Lead the development, implementation, and ongoing management of risk management strategies, policies, and processes.
Oversee the company's insurance portfolio, including managing renewals, evaluating coverage, and coordinating audits and premium reviews.
Manage the claims process across all coverage lines, providing leadership to claims teams and analyzing data to identify trends and opportunities for mitigation.
Primoris Services rating
7.6
Based on 45 frontline employees who took The Breakroom Quiz
27th of 80 rated construction
Job description
Director Risk Management
Summary
The Director of Risk Management is responsible for leading the development, implementation, and ongoing management of Primoris' risk management strategy. This position provides strategic direction and operational oversight across enterprise risk, insurance, claims, surety, contractual risk, and loss prevention programs. The role partners closely with executive leadership, operations, finance, legal, safety, fleet, human resources, insurance brokers, carriers, and project teams to identify, evaluate, and mitigate operational, financial, contractual, legal, safety, environmental, and insurance-related risks.
The Director of Risk Management serves as a key advisor to business leaders, providing practical risk guidance that supports company growth, protects company assets, improves project performance, strengthens compliance, and reduces the total cost of risk.
Key Responsibilities
Strategic Risk Management
- Develop, implement, and continuously improve risk management programs, policies, and processes that support company strategy, operational objectives, and business continuity.
- Identify, assess, and monitor risk exposures across business operations, projects, contracts, insurance programs, financial structures, safety, fleet, environmental matters, and business continuity planning.
- Provide guidance and recommendations to executive leadership and business decision-makers regarding risk mitigation strategies, emerging exposures, and program improvements.
- Establish and monitor key risk indicators, loss trends, and risk-related reporting to support informed decision-making.
- Evaluate current and proposed business operations, processes, structures, and risk exposures to identify areas of potential loss, disruption, or financial impact.
- Lead, mentor, and develop risk and claims personnel to ensure the effective operation of the function.
Insurance Program Management
- Manage the company's insurance portfolio, including but not limited to:
- General Liability
- Builders Risk
- Professional Liability
- Workers' Compensation
- Commercial Auto
- Umbrella/Excess Liability
- Pollution Liability
- Lead annual insurance renewal activities in partnership with brokers, carriers, underwriters, finance, legal, and operational leaders.
- Evaluate coverage terms, limits, retentions, premiums, exclusions, and program structure to ensure alignment with company risk profile and project needs.
- Manage Builders Risk placements, including project-specific and blanket programs, ensuring coverage is appropriate for project scope, value, and contractual requirements.
- Coordinate insurance audits, premium reviews, exposure reporting, and resolution of discrepancies with carriers and brokers.
- Benchmark insurance coverage, retentions, premiums, and program structure against industry practices and recommend adjustments as appropriate.
Claims Management
- Oversee the claims management process across all lines of coverage, ensuring timely reporting, investigation, reserve review, and resolution.
- Provide leadership and direction to claims team members, third-party administrators, insurers, brokers, and defense counsel to support effective claims handling and cost control.
- Partner with legal, operations, safety, fleet, and project teams on complex, high-exposure, or litigated claims.
- Analyze claims data to identify loss trends, root causes, recurring exposures, and opportunities for corrective action.
- Monitor claim reserves, claim development, litigation strategy, and overall claims performance.
- Report significant claim activity, loss trends, and recommended mitigation actions to senior leadership.
Alternative Risk Financing
- Evaluate risk financing strategies, including large deductible programs, self-insurance, loss-sensitive programs, funded retentions, fronting arrangements, captive insurance structures, and other alternative risk transfer options.
- Partner with internal stakeholders and external advisors, including brokers, actuaries, legal counsel, captive managers, and consultants, to assess feasibility and financial impact of alternative risk structures.
- Develop and review financial models related to risk retention, total cost of risk, cash flow impact, reserve adequacy, and long-term program sustainability.
- Ensure compliance with applicable regulatory, reporting, licensing, and governance requirements related to alternative risk financing programs.
Surety Bond Program Management
- Oversee the company's surety bonding program, including bid bonds, performance bonds, payment bonds, and related surety requirements.
- Monitor bonding capacity, aggregate exposure, project backlog, and future business needs to ensure adequate surety support for company growth.
- Maintain strong relationships with surety partners and proactively manage the company's surety credit profile.
- Coordinate with finance, treasury, operations, and executive leadership to provide timely financial and operational information to sureties.
- Negotiate favorable bond terms, rates, collateral requirements, and program structure where appropriate.
Contractual Risk Review
- Review and provide guidance on risk-related contract provisions, including insurance requirements, indemnity, limitation of liability, waiver of subrogation, additional insured language, bonding requirements, and other risk transfer provisions.
- Support legal, operations, estimating, procurement, and project teams in evaluating risk terms within owner contracts, subcontracts, vendor agreements, supplier agreements, equipment leases, joint ventures, and professional services agreements.
- Identify contract terms that may create elevated financial, operational, insurance, or compliance risk and recommend appropriate revisions or mitigation strategies.
- Ensure contractual insurance and risk requirements are aligned with company policies, insurance program capabilities, and project-specific exposures.
Safety, Fleet, and Loss Prevention Partnership
- Partner with Safety, Fleet, Operations, and project leadership to reduce the frequency and severity of losses across Workers' Compensation, General Liability, Auto Liability, and other lines of coverage.
- Translate claims data, incident trends, and loss drivers into actionable recommendations for safety programs, fleet initiatives, training, and field-level corrective actions.
- Collaborate with Fleet leadership on auto liability and physical damage exposures, driver qualification standards, vehicle maintenance protocols, telematics programs, and accident response procedures.
- Participate in regular reviews of claims trends, incident patterns, high-severity exposures, near-miss data, and loss prevention opportunities.
- Quantify the financial impact of safety and fleet loss reduction initiatives on insurance costs, experience modification factors, and total cost of risk.
Cross-Functional Leadership and Risk Culture
- Serve as a proactive risk management resource to business units and corporate functions, including operations, preconstruction, estimating, finance, legal, safety, fleet, human resources, procurement, and project teams.
- Educate and advise project managers, operational leaders, and other stakeholders on risk management practices, insurance obligations, claims reporting, and loss prevention.
- Promote a practical, risk-aware culture that supports sound decision-making without creating unnecessary barriers to business execution.
- Coordinate with Finance and Accounting on risk-related financial reporting, reserve analysis, insurance accruals, and total cost of risk reporting.
- Support business continuity, disaster recovery, health and safety, security, and compliance initiatives as needed.
Minimum Qualifications
- 10+ years of progressive experience in risk management, insurance, claims, contracts, legal compliance, project management, or a related function.
- Experience supporting construction, infrastructure, energy, industrial, commercial, heavy civil, utility, renewable energy, or specialty contracting operations.
- Experience working with large general contractors, EPC firms, construction management firms, specialty contractors, or similarly complex project-based organizations.
- Demonstrated experience managing commercial insurance programs across multiple lines of coverage.
- Experience overseeing claims management and loss mitigation across Workers' Compensation, General Liability, Auto Liability, Builders Risk, and other relevant lines.
- Experience working with insurance brokers, carriers, sureties, third-party administrators, actuaries, legal counsel, and internal business leaders.
- Strong understanding of construction operations, project risk, contractual risk transfer, insurance requirements, and claims processes.
- Ability to lead teams, influence cross-functional stakeholders, and communicate complex risk topics clearly to executive and operational audiences.
Education
- Bachelor's degree in Risk Management, Construction Management, Engineering, Business Administration, Finance, Insurance, or a related field required.
- Master's degree, MBA, or advanced degree in Risk Management, Finance, Business, or related field preferred.
Preferred Certifications
- Construction Risk and Insurance Specialist (CRIS)
- Associate in Risk Management (ARM)
- Certified Risk Manager (CRM)
- Chartered Property Casualty Underwriter (CPCU)
- Certified Construction Professional or related construction/risk designation preferred
Skills and Competencies
- Strong strategic, analytical, and financial acumen with the ability to evaluate risk exposure, total cost of risk, insurance program economics, reserves, and loss trends.
- Ability to translate complex risk, insurance, claims, and contractual concepts into practical business recommendations.
- Strong executive communication skills with the ability to present risk issues, program updates, and recommendations to senior leadership.
- Deep understanding of construction risk, project delivery models, contractual risk transfer, and operational exposures.
- Strong negotiation skills with brokers, carriers, sureties, vendors, contract counterparties, and external advisors.
- Demonstrated ability to partner across functions and influence outcomes without direct authority.
- Proficiency with risk management information systems, claims management platforms, data analytics tools, and Microsoft Office applications.
Work Authorization
Applicants must be legally authorized to work in the United States. Primoris does not provide sponsorship for this position now or in the future.
Company Overview:
Primoris Services Corporation is a premier specialty contractor providing critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. Built on a foundation of trust, we deliver a range of engineering, construction, and maintenance services that power, connect, and enhance society. On projects spanning utility-scale solar, renewables, power delivery, communications, and transportation infrastructure, we offer unmatched value to our clients, a safe and entrepreneurial culture to our employees, and innovation and excellence to our communities. To learn more, visit www.prim.com and follow us on social media at @PrimorisServicesCorporation.
Benefits:
- 401k w/employer match
- Health/Dental/Vision insurance plans
- Paid time off
- 10 paid holidays
- Stock purchase plan
EEO Statement
We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Agency Statement
We are not accepting resumes from Third Party Recruiting Firms for this position. If you are an Agency or Search firm representative, contact the Primoris Talent Acquisition Manager directly for consideration. Primoris or its subsidiaries will not be responsible for any fees arising from the use of resumes and online response forms through this source. In addition, Primoris or its subsidiaries will not be responsible for any fees on unsolicited resumes that are submitted to any member of the Staffing or Operations team. Primoris has established an approved vendor program for this service and will only consider accepting submissions from those approved firms. For consideration in becoming an approved vendor, contact HR.
Equal Opportunity Employer
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.
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About Primoris Services
Sourced by ZipRecruiter
Industry
Construction
Company size
10,000+ Employees
Headquarters location
Dallas, TX, US
Year founded
2006