Risk Analyst
TP Mechanical
Enterprise & Project Risk Management
Identify and assess risks across active projects, pursuits, and corporate operations
Develop and maintain risk registers for major projects and business units
Evaluate exposure related to project size, scope, delivery method, schedule, and geography
Support risk reviews during pursuit, preconstruction, and project kickoff phases
Contract & Legal Risk
Review owner contracts, subcontracts, and vendor agreements for risk exposure
Identify unfavorable terms related to indemnification, liquidated damages, warranties, insurance, bonding, and force majeure
Collaborate with legal counsel on contract negotiations and risk mitigation strategies
Track contractual risk trends and recommend policy improvements
Insurance & Claims Management
Coordinate with brokers on insurance placements (GL, WC, Auto, Builders Risk, Professional Liability, OCIP/CCIP)
Analyze loss runs, claims history, and deductible exposure
Support claims management, documentation, and resolution
Assist with renewals and insurer submissions
Financial & Operational Risk Analysis
Analyze project financial data to identify cost, margin, and cash flow risks
Monitor exposure related to change orders, productivity, escalation, and supply chain disruptions
Support forecasting and scenario modeling for large or complex projects
Partner with project controls and finance teams to identify early warning indicators
Safety & Compliance Risk
Collaborate with Safety and Operations teams to assess safety-related risks and trends
Analyze incident data and recommend corrective actions
Support regulatory compliance (OSHA, DOT, state/local requirements)
Assist in audits and compliance reporting
Reporting & Communication
Prepare risk reports and dashboards for executive leadership
Present risk findings and recommendations to senior management
Maintain risk policies, procedures, and documentation
Support continuous improvement of risk management frameworks
Qualifications
Required
- Bachelor's degree in Finance, Risk Management, Construction Management, Engineering, or related field
- 3–7+ years of experience in risk analysis, construction finance, insurance, or project controls
- Experience in construction, mechanical contracting, or industrial services preferred
- Strong understanding of construction contracts and project delivery methods (DBB, DB, CM, EPC)
- Proficiency in Excel; experience with ERP systems (e.g., Viewpoint, Procore, SAP, Oracle) a plus
Preferred
- Professional certifications (ARM, CPCU, CRIS, PMP, or similar)
- Experience with large, complex projects ($25M+)
- Knowledge of union and non-union labor environments
- Experience with OCIP/CCIP programs
Core Competencies
- Risk assessment & mitigation
- Contract analysis
- Financial modeling and data analysis
- Cross-functional collaboration
- Executive-level communication
- Attention to detail with big-picture perspective
Key Performance Indicators (KPIs)
- Reduction in claims frequency and severity
- Improved project margin protection
- Timely identification of high-risk projects
- Successful insurance renewals and audits
- Accuracy and usefulness of risk reporting
Why Join Us
- Opportunity to influence risk strategy at an enterprise level
- Exposure to large-scale, complex mechanical construction projects
- Direct interaction with executive leadership
- Competitive compensation, bonus potential, and benefits
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