Regulatory Compliance Specialist
Nycom
Payroll, Compliance & Insurance Administrator
Nycom is hiring! Come join one of the largest names in Laboratory Construction. With offices throughout the Mid-Atlantic and Southeastern US, our specialty is interior construction, involving laboratory furniture/equipment and custom woodwork for clients in the Educational, Industrial, Research, and Healthcare markets. This opportunity requires a strong work ethic and a passion for success. If you meet our criteria and are looking for a challenging career, please apply.
We are seeking a detail-oriented and highly organized Payroll, Compliance & Insurance Administrator to support our construction operations through the administration of owner-controlled and contractor-controlled insurance programs (OCIP/CCIP), prevailing wage and Davis-Bacon compliance, workers' compensation audits, and company insurance policy management.
This role serves as a key liaison between project teams, general contractors, subcontractors, insurance carriers, and internal stakeholders to ensure compliance with contractual, regulatory, and insurance requirements across multiple projects.
Key Responsibilities
- Administer Owner Controlled Insurance Programs (OCIP) and Contractor Controlled Insurance Programs (CCIP), including project enrollments, payroll reporting, compliance tracking, and project closeouts.
- Coordinate with estimating, project management, and operations teams to support insurance program requirements and bid-related insurance cost considerations.
- Manage Davis-Bacon / Prevailing wage compliance, including certified payroll reporting, wage determinations, subcontractor compliance, and reporting portal administration.
- Collect, review, and maintain certificates of insurance (COIs) and related compliance documentation for projects and subcontractors.
- Support annual Workers' Compensation and General Liability insurance audits, including payroll reconciliations and labor classifications with Accounting Manager.
- Maintain records for company insurance policies, endorsements, renewals, and coverage documentation, including General Liability, Umbrella, and Workers' Compensation policies.
- Serve as the primary point of contact for insurance administrators, auditors, general contractors, subcontractors, and internal project teams regarding compliance and insurance-related matters.
- Develop and maintain tracking systems, reports, and documentation to ensure compliance with contractual, insurance, and regulatory requirements.
- Support risk management initiatives by monitoring insurance compliance and assisting with policy administration and reporting.
Qualifications and Experience
- A bachelor's degree is preferred
- 25 + years of accounting experience in construction or project-based industries is preferred
- Excellent organizational skills and attention to detail.
- Familiarity with construction billing methods such as AIA, progress billings, and retainage.
- Strong understanding of OCIP/CCIP programs, Davis-Bacon and prevailing wage requirements, certified payroll, and workers' compensation audits.
- Experience managing insurance certificates, endorsements, and compliance documentation.
- Strong communication and management skills with the ability to work cross-functionally with project and operations teams
- Ability to manage multiple projects and deadlines in a fast-paced construction environment.
- Proficiency with Microsoft Excel and accounting/reporting systems.
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