Job details

Risk and Insurance Manager - Construction

Get a free resume review

Job Details:

Job Description:

The Global Risk Management and Insurance team is seeking a Risk and Insurance Manager - Construction to play a critical role in leading and developing Intel's construction risk programs. This position reports directly to the Director of Risk Management and is a key member of the Risk team. This individual is responsible for managing global risk and insurance programs, with a primary focus on large construction insurance programs, including Owner Controlled Insurance Programs, Builders Risk, and Construction All Risk, Property Insurance, and Cargo Insurance. In this role, you will drive strategy for global construction risk management, including insurance procurement, claims management, vendor management, loss control, program design, data analytics.

Key responsibilities include, but are not limited to:

Structure, negotiate, design, execute, and maintain Intel's construction insurance programs, in alignment with Intel's risk tolerance, including use of risk transfer, self-insurance, and captives
Manage relationship with brokers, insurers, TPA, and loss control engineering.
Own claims management/processing, supporting business units with analysis, decision making, and management of all claims
Ensure robust control processes and compliance, including governance of vendors and service providers
Identification and implementation of process efficiency and automation opportunities with our risk management system and other third-party providers
Close interactions and collaboration across the organization, driving key business initiatives.
Drive data analytics, including benchmarking and industry trends, in order to establish areas for change
Anticipate obstacles, manage communication with key stakeholders, including escalations, driving resolutions in timely manner
Partner with key stakeholders across the organization
The candidate should have strong communication skills to collaborate and influence both functional and local business leaders together with the drive and leadership skills to improve the efficiency and effectiveness of our insurance programs
Serve as a technical consultant to senior management for construction risk programs
Ensure proper financial controls and business processes are in place related to construction risk programs

Qualifications:

You must possess the minimum qualifications to be initially considered for this position. Preferred qualifications are in addition to the minimum requirements and are considered a plus factor in identifying top candidates. This position is not eligible for Intel's immigration sponsorship.

Minimum Qualifications

BA/BS in Finance, Risk Management, or related discipline
10+ years of related experience in a large multinational corporate environment with responsibility for construction risk
10+ years leading project management for large, complex projects

Preferred Qualifications

Relevant industry certification
Strong executive presence, communication skills, commercial acumen, and negotiating experience - Ability to converse with senior management, external partners, and authorities
Solid understanding of insurance carriers, underwriters, captives, and financial markets including relationships with brokers
Ability to network across the company, including potential travel internationally to support global initiatives and team management
Background in fire safety, loss control engineering a plus, but not required
Ability to effectively work across organizations and geographies with tolerance for ambiguity.
Excellent critical thinking skills and ability to challenge the status quo

Job Type:

Experienced Hire

Shift:

Shift 1 (United States of America)

Primary Location:

US, California, Folsom

Additional Locations:

US, Arizona, Phoenix, US, California, Santa Clara, US, Oregon, Hillsboro

Business group:

As members of the Finance team, employees act as full partners in making and supporting business decisions that are aimed at maximizing shareholder value. Intel Finance has a strong focus on facilitating change and improvement both within finance and in the operations supported.

Posting Statement:

All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

Position of Trust

N/A

Benefits:

We offer a total compensation package that ranks among the best in the industry. It consists of competitive pay, stock, bonuses, as well as, benefit programs which include health, retirement, and vacation. Find more information about all of our Amazing Benefits here:

https://jobs.intel.com/en/benefits

Annual Salary Range for jobs which could be performed in the US:

$160,120.00-$226,060.00

Salary range dependent on a number of factors including location and experience.

Work Model for this Role

This role will be eligible for our hybrid work model which allows employees to split their time between working on-site at their assigned Intel site and off-site. * Job posting details (such as work model, location or time type) are subject to change.

Average salary estimate

$193090 / YEARLY (est.)

min

max

$160120K

$226060K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Risk and Insurance Manager - Construction, Intel

The Global Risk Management and Insurance team at Intel is on the hunt for a dynamic Risk and Insurance Manager - Construction to take the reins on our construction risk programs. Based in Folsom, California, this exciting role has you directly reporting to the Director of Risk Management, making you a cornerstone of our Risk team. You will manage global insurance initiatives with a strong emphasis on complex construction insurance programs such as Owner Controlled Insurance Programs, Builders Risk, and Construction All Risk. Your responsibilities will include structuring, negotiating, executing, and maintaining these comprehensive insurance programs while ensuring they align with Intel’s risk tolerance. Communication is key, as you’ll be managing relationships with insurers and brokers while overseeing all claims processing. With your expertise, you’ll also identify and implement efficiency opportunities within our risk management systems. We're looking for someone with a strong footing in data analytics to drive insights and innovations across the organization, improving our insurance processes. If you're ready to partner with key stakeholders and help shape the future of construction risk management, then Intel is the place for you!

Frequently Asked Questions (FAQs) for Risk and Insurance Manager - Construction Role at Intel

What are the responsibilities of a Risk and Insurance Manager - Construction at Intel?

A Risk and Insurance Manager - Construction at Intel oversees global risk and insurance programs specifically focused on large construction projects. Key responsibilities include negotiating and managing construction insurance programs, overseeing claims management, and ensuring compliance and robust control processes. This role also involves collaborating with various business units and key stakeholders, as well as driving data analytics to inform strategic decisions.