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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
Vacancy posted 2 days ago
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