Risk Management Engineer

Job description / Role

General Description:
- This position shall provide Risk Management support to the Risk Manager in terms of the delivery of a Project(s).
- Responsible for assisting with the overall management of a comprehensive corporate risk management/insurance program with a concentration on risk identification, risk transfer, and risk retention techniques.
- Coordinates closely with operations/project management, safety, human resources, legal, and estimating while implementing risk management policies and procedures to protect the company's assets and minimize liability exposures.
- Draft, review or recommend any engineering-related documents as required.
- Provide progress reports as and when required.
- Attendance at relevant meetings.

Job Responsibilities:
- Ensure and review that the Project Risk Management plans and procedures are effectively implemented.
- Coordinate all aspects of contract review as relates to insurance and bonds issues, including coordination of contract review with legal.
- Analyse and understand insurable risks and potential risk mitigation opportunities. interact with operational groups to ensure coordination between project activities, exposures, and appropriate insurance coverage.
- Manage day-to-day interaction between all project stakeholders/participants, brokers, and insurers related to risk management and insurance issues.
- Review and initiate the appropriate insurance coverage and pricing for all new bids and projects.
- Work with client/owner insurance representatives to ensure proper placement and coordination of any project-specific insurance policies.
- Lead communication efforts with broker and surety company to facilitate timely delivery of project-specific performance and payment bonds.
- Assist with managing the Consultant’s Risk program, including reporting, treatment plans, and premium allocations.
- Review and analyze terms and conditions associated with proposed Controlled Insurance Programs. function as the liaison between all participants.
- Assist with the management of the corporate Sub-contractor Default Insurance program including coordination with internal teams, external sales discussions, and management of broker and insurer relationships.
- Oversee internal claim management efforts (workers' compensation, general liability, automobile liability, builders risk) to include oversight of third-party administrators, insurers, and defense attorneys.
- Review and analyze loss control and trending reports, and coordinate with Safety to develop appropriate action plans.
- Carry out risk assessments as required and analyze and evaluate identified of risks.
- Maintain knowledge of trends in the construction insurance industry, including thorough working knowledge of insurance products, coverage, and pricing.
- Assist with budgets, forecasts, and financial reports, including the analysis of annual insurance premiums, the financial performance of insurance programs, and the determination of billing rates and premium allocations.
- Assist with internal communication and advertising strategies related to all risk management initiatives.
- Provide regular progress reports including reviewing and verifying project risks and treatment data on monthly basis.

Requirements

Required Skills and Competencies:
- Minimum of 10 years post-graduate experience with experience in major infrastructure projects or programs. preference will be given to roads, aviation, structures, or rail-related experience.
- Demonstrable history in the delivery of large multidisciplinary projects.
- In-depth knowledge of project controls/risk management procedures.
- Technically proficient in all aspects of project controls/risk management such as QRA’s (Quantitative Risk Assessment) to manage Programme and Project(s) schedule & cost outturns, risk workshops, planning, analysis, and managing risk processes.
- Effective in building good working relationships within complex structures, both internally and with various project stakeholders.

Mandatory Requirements:
- University degree from a recognized university in an appropriate field such as Quantity Surveying, Commercial Management, Construction Management, or equivalent.
- Excellent communication skills in English, written and spoken
- In-depth knowledge and experience of government procedures.
- Client-side experience

Desirable requirements
- Evidence of suitable professional qualification PMI-RMP or equivalent is preferable.
- Master’s degree in a relevant field.
- Arabic language skills.
- Experience working in Qatar and/or the Gulf region
- Experience of working with Risk related software such as ARM (Active Risk Manager), Risk Ware, etc.

About the Company

CDM Smith provides lasting and integrated solutions in water, environment, transportation, energy and facilities to public and private clients worldwide. As a full-service consulting, engineering, construction, and operations firm, we deliver exceptional client service, quality results and enduring value across the entire project life cycle.