Risk Manager - Construction & Development

Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.

Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.

Transwestern is built on a common purpose - Empowering Good People to do Extraordinary Things Together.  We are committed to the hiring of smart, passionate, hard-working people who understand the benefits of both collaboration and independence.

POSITION SUMMARY:

The Risk Manager – Construction & Development is responsible for identifying, evaluating, and managing construction-related risk exposures across a national portfolio of ground-up developments, major capital projects, and tenant improvements. Reporting to the Senior Vice President of Risk Management, this role partners closely with Transwestern’s Development, Construction Project Management, Legal, Procurement, and Operations to ensure that contractual risk transfer, insurance placement, and loss prevention strategies appropriately protect the firm throughout the project lifecycle.

The position focuses heavily on construction risk management, including builder’s risk programs, Owner’s Interest Liability, OCIP/CCIP participation, contractor insurance compliance, contract review, and claims management.

POSITION ESSENTIAL FUNCTIONS

Construction Risk Management

• Identify, assess, and mitigate construction-related risk exposures for ground-up developments, redevelopments, and major capital projects
• Support project teams during pre-development, design, and construction phases to proactively address risk issues
• Advise on project-specific risk strategies including insurance structures, deductibles, retentions, and contractual indemnities
• Support underwriting submissions and portfolio-level analytics for construction exposures

Insurance Program Oversight

Manage and administer construction-related insurance programs, including:

• Builder’s Risk
• OCIP/CCIP (owner-controlled or contractor-controlled programs)
• Contractor’s Pollution Liability
• Professional Liability (design professionals)
• Installation Floater and Equipment Coverages
• Coordinate placement and renewal of construction insurance programs with brokers and insurers
• Evaluate project-specific insurance requirements versus enterprise programs

Contract Review & Risk Transfer

• Review and negotiate construction, design, and consulting agreements to ensure appropriate:
• Indemnification provisions
• Insurance requirements and risk transfer clauses

• Limitation of liability and consequential damages clauses
• Collaborate with Legal and Construction teams to align template contracts with corporate risk tolerance
• Assist in Contractor & Vendor Insurance Compliance for national development and construction project management operations

Claims & Loss Control

• Manage construction-related claims, including:
  • Property damage
  • Defective work
  • Construction accidents and third-party liability claims
• Coordinate claims handling with carriers, adjusters, legal counsel, and internal stakeholders
• Analyze loss trends and recommend corrective actions to reduce future incidents

Safety & Loss Prevention

• Partner with Construction and Safety teams to promote strong site safety and loss control practices
• Review builder’s risk loss control reports and field inspections
• Support development of best practices for contractor safety performance and site controls

Reporting & Leadership Support

• Prepare executive-level reporting on construction risk e