Risk and Insurance Manager at Iovino Enterprises, LLC.
Iovino Enterprises is the parent company to four New York City based construction companies that share a common commitment to excellence, innovation, and exceptional results. With 35 years in the construction business, we have harnessed expertise in cutting‑edge technology, human capital management, finance, and legal / compliance, fostering an environment where each company retains its distinct personality and style. This "family of companies" culture is rooted in shared values : respect, development for all employees regardless of position, and a commitment to give back to our communities.
The Risk and Insurance Manager leads the company's risk management and insurance strategy, ensuring robust protection of assets, compliance with all regulatory requirements, and proactive identification and mitigation of risks across all construction projects. The role is responsible for designing and implementing best‑in‑class insurance programs, managing claims, and advising senior leadership on risk‑related matters, while administrative support is provided by the department assistant.
Compensation
- Relevant work experience
- Education
- Project size
- Project location
- Required working hours
- Candidate subject matter expertise and / or specialty
- Ability to be approved by agencies / owners as required
- Final salary determination is negotiable
Required Education and Experience
Bachelor's degree in Business Administration / Economics / Finance or Management (or equivalent experience preferred).Minimum of 5-7 years' experience with insurance and risk management in the construction industry.Preferred certifications :RIMS-CRMP (Risk and Insurance Management Society - Certified Risk Management Professional)CPCU, ARM, and / or other similar insurance designations.Key Responsibilities
Strategic Insurance Management
Oversee all corporate insurance programs (general liability, builder's risk, workers' comp, auto, umbrella, etc.).Negotiate terms and renewals with brokers and carriers for optimal coverage and cost.Analyze and assess strengths and weaknesses of insurance policies and coverage types, including evaluating impact of policy exclusions.Review and approve Certificates of Insurance for subcontractors and vendors.Ensure compliance with contractual insurance requirements for all projects.Claims Oversight
Manage insurance claims from initiation to resolution, including workman's compensation and general liability.Analyze claim trends and recommend strategies to reduce frequency and severity.Coordinate with legal counsel on complex claims.Monitor insurance costs and loss ratios; prepare annual risk management budget.Compliance & Regulatory
Ensure compliance with federal, state, and contractual requirements, including minority participation and certified payrolls.Develop and maintain internal policies for insurance and risk management.Oversee periodic reviews of diversity companies and certified payrolls.Process Improvement & Initiatives
Implement tracking for claims management.Develop a subcontractor risk prequalification program.Create dashboards for risk metrics and compliance status.Conduct annual insurance program reviews and benchmarking.Advise senior leadership on emerging risks and insurance market trends.Provide leadership and oversight to the department's administrator.Required Skills and Abilities
Strong communication and interpersonal skills.Deep knowledge of the insurance industry, including analysis and assessment of policies and coverage types.Experience with claims administration (property and liability) is a plus.Ability to work under extreme time constraints.Salary Range
$110,000—$140,000 USD
Seniority Level
Mid‑Senior level
Employment Type
Full‑time
Job Function
Finance and Sales
Industry
Construction
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