Risk Management Specialist

Company Overview

Foundation Building Materials (FBM) is a leading construction materials distribution company serving the commercial and residential construction markets across United States and Canada.  In conjunction with Unified Door & Hardware Group (UDHG), a premier provider of commercial door, frame, and hardware solutions, FBM supports a broad range of construction and architectural projects nationwide.

Together, FBM and UDHG’s 8,000+ Team Members are committed to operational excellence, innovation, and employee development.  By combining scale, specialty expertise, and a customer-first mindset, we deliver high-quality products and services to contractors, builders, and project teams across diverse markets.  As the organization continues to grow and evolve following the recent acquisition by Lowe’s, we are investing in strong, forward-thinking talent to support our long-term success.

Position Overview

The Risk Management Specialist plays a critical role in supporting the organization’s enterprise risk management, insurance programs, claims administration, and loss prevention strategies.  This position is responsible for collecting, analyzing, and interpreting data related to safety incidents, insurance claims, and overall risk exposure.  The analyst will collaborate with internal departments and external partners to identify trends, implement risk mitigation initiatives, and support compliance efforts.  The ideal candidate will have strong analytical skills, attention to detail, and a proactive approach to managing risk in a fast-paced, growth-oriented environment.

• Review contracts to ensure compliance with company insurance requirements
• Oversee the issuance, tracking, and compliance monitoring of Certificates of Insurance (COIs)
• Manage the Auto ID insurance process, ensuring all vehicles maintain current and accurate Auto ID Cards as proof of insurance
• Collaborate with legal, procurement, and operational teams to identify and mitigate contractual risk exposures
• Ensure vendors, subcontractors, and business partners maintain appropriate insurance coverage in accordance with contractual obligations

• Maintain the company’s Origami RMIS platform, ensuring data accuracy and system efficiency
• Generate reports, dashboards, and analytics to support risk assessments and decision-making
• Collaborate with IT and external vendors to enhance system functionality and improve reporting capabilities

• Manage all aspects of bonds and surety programs, including assessment of requirements and procurement of appropriate bonds
• Collaborate with contract managers and brokers to ensure timely and accurate execution of bond and surety agreements
• Communicate bond and surety matters to the VP of Risk, providing insights and recommendations as needed
• Ensure all bond and surety documentation complies with contractual and regulatory requirements

• Assist with claim reporting, documentation, and follow-up for general liability, auto, workers’ compensation, and property claims
• Serve as a liaison between internal stakeholders, insurers, and third-party administrators (TPAs) to facilitate smooth claims processing

• Identify properties requiring flood insurance and procure appropriate coverage under the National Flood Insurance Program (NFIP)
• Manage flood insurance policies, including renewals, endorsements, and claims
• Evaluate flood risk exposures and recommend mitigation strategies to protect company assets

• Analyze claims data to identify trends and recommend proactive risk mitigation strategies
• Assist with insurance policy renewals, including data collection, underwriting submissions, and policy reviews
• Support enterprise-wide risk management initiatives by providing research, analysis, and recommendations
• Maintain accurate records of insurance policies, endorsements, and certificates
• Stay informed on industry trends, best practices, and regulatory changes impacting risk management and insurance

• Perform other duties as assigned to support risk management and corporate objectives

• Bachelor’s degree in Risk Management, Insurance, Business Administration, or a related field preferred
• 3–5 years of experience in risk management, insurance, or claims administration
• Experience with contractual risk transfer and Certificate of Insurance (COI) compliance
• Proficiency or willingness to become an advanced user of Risk Management Information Systems (RMIS); Origami Risk experience preferred
• Strong proficiency in Microsoft Office Suite, particularly Excel, Word, and PowerPoint
• Strong analytical and problem-solving abilities with a high level of attention to detail
• Excellent verbal and written communication skills with the ability to convey complex information to diverse stakeholders
• Professional certifications such as ARM (Associate in Risk Management) or CPCU (Chartered Property Casualty Underwriter) are a plus
• Understanding of regulatory requirements and compliance standards within the insurance and risk management industries
• Strong interpersonal skills with the ability to collaborate effectively across departments and with external partners
• Ability to manage multiple priorities in a fast-paced environment
• Meticulous attention to detail to ensure accuracy in documentation, reporting, and data analysis

• Base: $35.00 - $43.00 per hour
• Bonus: 10% Target Bonus
• Total Compensation (Base + Bonus): The successful candidate could reasonably expect a total compensation package in the range of $72,800 - $98,384.
• Equity: This role is not eligible for equity opportunities, awards, or grants.

• Medical
• Dental
• Vision
• HSA/FSA plans
• Voluntary Life and Accidental Death & Dismemberment (AD&D) Insurance
• Critical illness, Hospital Indemnity, Accident Coverage
• Legal Insurance Plan
• Paid Time Off & Paid Holidays
• Generous 401(k) plan with company match

Equal Opportunity Employer

Foundation Building Materials is an Equal Opportunity Employer and is committed to providing equal employment opportunities to all individuals. We value diversity and inclusion and are dedicated to creating a workplace where all employees feel respected and empowered. All employment decisions are made without regard to race, color, religion, sex, pregnancy (including childbirth, breastfeeding, or related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability status, genetic information, veteran status, or any other characteristic protected by federal, state, or local law.

In accordance with the Americans with Disabilities Act (ADA) and applicable state and local laws, we provide reasonable accommodations to qualified individuals with disabilities to help them perform the essential functions of their job. If you need assistance or an accommodation during the application process or while employed, please contact Human Resources at Talent@myfbm.com.

Posting Period

This job will be posted for at least 5 days, starting on the initial post date reflected above.