Vice President of Risk

Kokosing (www.kokosing.biz) is one of America's 50 largest General Contractors and services a broad spectrum of clients in both the private and public business sectors. Kokosing's services include heavy civil/industrial construction such as highways, bridges, underground utilities, water/wastewater facilities, and marine construction. For over 75 years, Kokosing has successfully attracted the most qualified technical personnel in the construction industry by offering visible challenges, superior quality, and attractive rewards. With over $2.8 billion in annual sales and a commitment to its workforce, Kokosing is the winning team. Job Description: Position Summary The Vice President of Risk is responsible for leading the enterprise-wide risk management strategy for a large, self-performing heavy civil general contractor with approximately $3.1 billion in annual revenue. This role provides executive leadership and direction of all risk-related functions, including insurance, claims, contract risk and compliance, and loss prevention. The Vice President of Risk partners closely with executive leadership, operations, legal, finance, and safety teams to proactively identify, assess, and mitigate risks that could impact the company's financial performance, reputation, and long-term strategic objectives. This position plays a critical role in influencing enterprise risk decision making, protecting company assets, optimizing total cost of risk, and ensuring alignment with industry best practices and regulatory requirements. Essential Duties and Responsibilities : Risk Strategy and Leadership - Develop and execute a comprehensive Enterprise Risk Management (ERM) strategy aligned with corporate objectives. - Serve as the senior advisor to executive leadership on risk exposure, mitigation strategies, and emerging threats. - Establish risk tolerance frameworks and governance processes across all operating companies and regions. - Monitor insurance market trends, regulatory changes, and emerging risks affecting the construction industry. Insurance Program Leadership - Oversee the design, placement, and administration of the company's corporate insurance program across all lines of coverage, including but not limited to: - General liability, umbrella/excess, workers' compensation, auto, equipment, builder's risk, property, professional liability, pollution, cyber, D&O, crime, and specialty coverages. - Oversee broker strategy, contract negotiations, and carrier relationships to optimize coverage, terms, and total cost of risk. - Leverage insurance brokers, carriers, and surety partners as strategic advisors to identify emerging risks and innovative risk transfer solutions - Build and maintain long-term partnerships that drive continuous improvement, enhance coverage structures, and strengthen claims management outcomes - Lead annual insurance renewals, program structure decisions, and long-term risk financing strategies (including captives or alternative risk structures). Claims Oversight - Establish claims handling strategies, reserve methodologies, and settlement authority protocols to drive disciplined and efficient claims management. - Provide executive oversight of all claim activities, ensuring effective resolution and alignment with organizational risk objectives. - Analyze claims data and monitoring key risk metrics to drive proactive risk mitigation, enhance performance, and optimize total cost of risk. - Collaborate with legal counsel to develop litigation strategies for insured matters, particularly high-exposure or complex cases. Contract Risk and Compliance Partner with the legal team on contract review standards, risk transfer strategi