Job Responsibilities:

• Participates in contract negotiations with clients and others to obtain necessary protection, making use of contractual risk transfer, risk retention, loss prevention and commercial insurance techniques in a manner compatible with business development objectives. Develops alternative risk financing strategies in response to client positions/requirements.
• Initiates recommended language and alternative provisions for liability and insurance matters (including procurement responsibility) in proposals, contracts, subcontracts and other documents.
• Identifies and evaluates risks arising from prospective project activities and the available risk financing alternatives for assigned projects.
• Reviews proposed contracts and bid documents prepared elsewhere to determine adequacy and economy of protection afforded.
• Implements risk financing program agreed upon for each assigned project.
• Issues instructions to all projects regarding premium reporting and allocation, accident reporting and claims procedures and other matters relating to risk administration. Provides project and Division personnel with information regarding insurance coverages and solutions for risk-related problems.
• Prepares risk financing cost information for use in estimating.
• Coordinates disparate project personnel involved with risk financing arrangements including Project Management, Subcontract Administration, Field Procurement, the Controllers Organization, and Safety.
• Negotiates with clients’ risk management staffs regarding changes in project risk financing arrangements during the course of the project.
• Coordinates the interface between Bechtel and client personnel, brokers, and insurers regarding risk financing programs.
• Initiates use of the PRM team in project approval and proposal efforts and participates in risk workshops.
• Provides insurance services to all assigned corporate Services Departments , administering the corporate insurance programs and acting as insurance Department representative for all aspects of this responsibility.

 
Basic Qualifications:

• Bachelor's Degree in Accounting, Finance, Engineering or Insurance/Risk Management with at least 4 years of professional experience.
• Knowledge of risk, insurance, and liability principles and concepts.
• Skill in project contractual negotiations and administration.
• Knowledge of insurance underwriting principles.

 
Preferred Qualifications:

• Knowledge of overall Bechtel risk and insurance arrangements and their applicability in project risk considerations.
• Experience working with internal functional representatives (estimating, project controls, procurement, engineering and construction) on Bechtel projects.
• The knowledge required for this position would be reflected in the Construction Risk Insurance Specialist (CRIS) designation from IRMI.