Associate, Insurance & Risk Management

Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.

Job Description:

The Associate, Insurance & Risk Management supports HITT’s property & casualty (P&C), subcontractor default insurance (SDI), surety, and captive insurance programs across the company’s family of operating companies. Reporting to the Senior Manager, Insurance & Risk Management, the Associate handles day-to-day program administration and serves as a resource for operations, finance, and legal teams.

The ideal candidate brings a solid foundation in P&C insurance, an interest in the construction industry, and a desire to grow into a well-rounded risk management professional.

RESPONSIBILITIES

Insurance Program Support

·       Support the administration of enterprise-wide P&C programs, including general liability, workers’ compensation, auto, property, umbrella, professional, pollution, cyber, and management liability.

·       Support annual renewals by gathering underwriting data, preparing submissions, and comparing coverage and pricing options.

·       Review policies, endorsements, and binders for accuracy, and maintain policy records and schedules of insurance.

·       Coordinate day-to-day requests with brokers, carriers, and loss control consultants.

Surety

·       Prepare bid, performance, and payment bond requests, coordinate issuance with the surety broker, and maintain the bond log through release and closeout.

·       Help compile financial and project information for surety underwriting reviews.

Captive Support

·       Work with the captive manager to meet regulatory filing, financial reporting, and compliance deadlines.

·       Gather data for actuarial studies, loss reserve reviews, and premium allocations.

·       Help prepare materials for captive audits and board meetings.

Contractual Risk Transfer & Compliance

·       Review construction contracts, subcontracts, and vendor agreements for insurance and surety requirements, and escalate non-standard terms to the Senior Manager.

·       Track certificates of insurance (COIs) and subcontractor insurance compliance, including SDI enrollment, and issue COIs and additional insured endorsements to project owners.

·       Answer routine insurance questions from project teams and operating companies.

QUALIFICATIONS

·       Bachelor’s degree in Risk Management, Business, Finance, Economics, or a related field preferred; equivalent work experience accepted in lieu of degree.

·       Professional designation (CPCU, ARM, or CRIS) or active P&C license preferred, or a willingness to pursue one.

· 2 to 3 years of experience in commercial insurance, risk management, surety, or a related field, with a brokerage, carrier, or corporate risk department.

·       Exposure to the construction, manufacturing, or logistics industries preferred.

·       Experience with certificate of insurance tracking, claims administration, or surety bond requests a plus.

·       Working knowledge of commercial P&C coverage lines, with the ability to read and interpret policy language and contract insurance requirements.

·       Strong proficiency in Microsoft Excel, including data management, formulas, pivot tables, and charting.

·       Clear written and verbal communication skills, with the ability to explain insurance concepts to non-specialists.

·       Strong organizational skills and attention to detail, with the ability to manage multiple tasks and deadlines.

·       Proactive learner who takes ownership of assigned work.

·       Collaborative team player who builds strong relationships across departments and with outside partners.

In accordance with Virginia Senate Bill 215 (SB 215), the base salary range for this position is:

Compensation in other cities and states may vary. HITT Contracting offers a competitive total benefits and compensation package including performance-based bonuses, premium health care coverage including vision and dental, employer-matched 401(k), wellness reimbursement program, paid holidays and time-off, and other voluntary benefits and leave types. The determination of salary is based on the candidate’s individual professional experience, qualifications, education, skills, and training.

HITT Contracting is an equal opportunity employer. We are committed to hiring and developing the most qualified individuals based on job-related experience, skills, and merit. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other protected characteristic. We value a respectful, inclusive workplace where everyone has the opportunity to succeed. HITT Contracting maintains a drug-free workplace, consistent with applicable local, state, and federal laws.