Director, Risk Management

SOLV Energy is a leading provider of infrastructure services to the power industry, designing, building and maintaining utility scale solar, battery storage and high voltage substation projects nationwide.

Job Description Summary:
The Director of Risk Management provides strategic leadership and operational oversight for risk management activities across the organization.

This position will serve as a trusted strategic advisor to executive leadership, offering independent risk assessments, program recommendations, and cross-functional guidance.

The Director will play a pivotal role in evaluating and potentially establishing alternative risk financing mechanisms, including captive insurance structures and self-insurance programs, while also overseeing the successful expansion of the company's surety bonding program.

This role can be based full-time in our office in San Diego, CA, Denver, CO, Dallas, TX, or Edison, NJ.

Specific location details and expectations will be discussed during the interview process.

Job Description:



*This job description reflects management's assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned

Position Responsibilities and Duties:

Strategic Risk Leadership


* Working with leadership, develop, implement, and continuously refine a comprehensive Enterprise Risk Management (ERM) framework aligned with company strategy and growth objectives.


* Proactively present risk management recommendations, trend analyses, and program updates to executive leadership and the Board


* Establish and track key risk indicators (KRIs) and present regular risk dashboards to senior management.

Insurance Program Management


* Lead all aspects of annual insurance renewals across all lines of coverage, including General Liability, Workers' Compensation, Commercial Auto, Umbrella/Excess, Professional Liability, and Pollution Liability.


* Manage Builders Risk policy placements, including project-specific and blanket programs, ensuring appropriate coverage terms and limits aligned with project scope and value.


* Conduct and oversee insurance audits, ensuring accurate premium computation and resolving discrepancies with carriers.


* Maintain strong relationships with brokers, underwriters, and carriers; actively market the company's risk profile to secure favorable terms and pricing.


* Benchmark coverage, retentions, and premiums against industry peers and recommend program adjustments.

Alternative Risk Financing & Captive Development


* Lead the feasibility analysis, design, and potential implementation of a captive insurance company or other alternative risk transfer vehicles.


* Evaluate self-insurance programs for appropriate lines of coverage, including fronting arrangements, loss-sensitive programs, and funded retentions.


* Partner with external advisors (actuaries, captive managers, legal counsel) to structure, domicile, and operate alternat...