Risk Manager
Risk Manager, Insurance & Contract Compliance Location: Montgomery, IL
Working arrangement: Full-time, onsite
Our client is one of North America’s largest family‑owned infrastructure contractors, delivering complex construction projects across the US and internationally.
They are creating a new Risk Manager position to strengthen how contractual risk, insurance requirements and surety obligations are managed across the business. This is a highly visible, hands‑on role for someone who understands the realities of construction and can confidently assess the risks behind major contracts and projects.
You will work closely with Legal, Operational Leadership and senior Project Management teams, providing practical guidance before contracts are signed and throughout the full project lifecycle. You will also manage an International Risk Specialist and help develop more structured processes across the function.
What you’ll be responsible for Review and evaluate domestic and international construction contracts, joint venture agreements and customer terms
Identify contractual risk exposures, insurance requirements, obligations and opportunities to transfer risk appropriately
Lead the insurance and risk aspects of complex contract reviews, highlighting potential advantages, disadvantages and areas requiring further negotiation
Work with Corporate Legal, Operational Leadership and Project Management to resolve contractual and insurance‑related concerns
Coordinate project‑specific insurance, including builders risk coverage, joint venture programs and certificates of insurance
Review owner‑controlled insurance programs, including OCIPs, and identify potential gaps or limitations in coverage
Evaluate insurance provided by subcontractors and consultants to ensure contractual requirements are met
Review, negotiate and approve project‑specific insurance policy wording
Support the corporate surety program and coordinate project bond requirements
Ensure insurance policies and bonds are tracked throughout construction, any extended reporting period and the applicable completed‑operations period
Support major projects from bid and contract review through delivery and final closeout
Provide guidance and training to operational teams on contractual risk, insurance requirements and compliance
Improve the systems and processes used to track contracts, insurance bonds and project closeout
Manage, support and develop an International Risk Specialist, with the potential to help grow the function over time
What we’re looking for Significant risk and insurance experience within the construction industry
Strong knowledge of construction contracts, insurance requirements and contractual risk transfer
Experience personally reviewing and evaluating complex construction contracts
Approximately 10 or more years of relevant experience preferred
Experience supporting a large contractor, complex construction business or major project portfolio
The ability to communicate complex risk and insurance matters clearly to Legal, Operations and Project Management teams
Strong judgement, attention to detail and the confidence to challenge contractual terms where necessary
Leadership experience or the ability to step successfully into a first formal management position
A bachelor’s degree or an equivalent combination of education and directly relevant experience
Proficiency with Microsoft Office, particularly Excel
A valid driver’s licence and acceptable driving record
Additional experience that would be valuable Construction surety and project bonds
Builders risk and owner‑controlled insurance programs
Joint venture agreements
International construction projects or multinational insurance programs
Reviewing or negotiating insurance policy wording
Developing or improving risk and insurance tracking processes
Experience with Origami, SharePoint or similar risk‑management systems
CPCU, ARM, CRIS or a comparable professional designation
Surety experience is highly valuable but is not essential. Candidates with strong construction contract and insurance experience can be supported in developing this area.
Why consider this opportunity? Join a highly established, financially strong infrastructure contractor
Take ownership of a newly created and highly visible position
Work directly with senior leaders across Risk, Legal, Operations and Project Management
Help shape and improve the company’s approach to insurance and contractual risk
Lead an existing specialist, with the potential to grow the team further
Receive a competitive salary, bonus eligibility and a comprehensive benefits package
Join a collaborative, long‑term business where contributions are recognised and valued
This is an onsite position based at the Montgomery office. Regular project travel is not expected, although occasional travel to Wisconsin may be required for training and collaboration.
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