Director, Risk Management

About Edged Data Centers

Edged is a fast-growing provider of sustainable data centers and energy infrastructure. The company builds and operates a global network of ultra-efficient, AI-ready data centers with waterless cooling for colocation, hyperscale and build-to-suit customers. The highly differentiated infrastructure platform is the first large-scale, global deployment of waterless cooling platform-wide and transforms data center growth into a catalyst for sustainable development. Edged is backed by a deep proprietary technology stack that will include renewable microgrid systems, ultra-clean generators, and waste-to-fuel solutions. The platform is designed for rapid deployment with more than a dozen new data centers operating or under construction across Europe and North America and a gigawatt-scale project pipeline.

The North American division of Edged is a joint venture between one of the largest private multinational corporations in the world and an affiliate of Endeavour. Endeavour is a purpose-driven organization helping innovators to develop and launch breakthrough solutions for global challenges in the areas of energy, water, and waste. Endeavour companies are made up of passionate change-makers who want to leave the world better than the way we found it. Today, Endeavour is deploying solutions that are immediately scalable and deliver both high financial returns and positive impact, including EV charging, waterless data center cooling, and advanced energy systems. 

Overview

The Director of Risk Management is responsible for designing, implementing, and managing the company’s enterprise risk management framework, with a primary focus on construction and operational risk, insurance programs, and risk transfer strategies.

This role will lead the development and optimization of insurance and surety programs, contractor risk controls, and alternative risk financing structures (including owner controlled insurance programs (OCIPs) and captive insurance arrangements). The Director will partner closely with Development, Construction, Legal, Treasury, and Finance teams to support large-scale capital projects and ongoing operations.

Key Responsibilities

Insurance Program Strategy & Management

• Develop and manage the company’s comprehensive construction and operational insurance programs, including General Liability, Builders Risk, Workers’ Compensation, Professional Liability, Environmental, and Property coverages
• Optimize insurance structures to balance cost, risk transfer, and retained risk across the portfolio
• Lead annual insurance renewals, underwriting submissions, and program marketing efforts
• Analyze loss trends and implement risk mitigation strategies to improve risk performance and reduce total cost of risk

Surety Program Management

• Structure, negotiate, and manage corporate surety programs (performance bonds, payment bonds, and other credit support instruments)
• Maintain relationships with surety providers and brokers to ensure capacity aligned with project pipeline
• Coordinate financial disclosures and underwriting materials to support bonding capacity.

Owner Controlled Insurance Programs (OCIP / CCIP)

• Lead the design, implementation, and administration of OCIP programs on both a project specific and master portfolio basis
• Establish program structure, coverage scope, limits, and enrollment requirements
• Coordinate contractor participation, insurance credit processes, and compliance with program requirements
• Oversee program performance, including claims management and cost tracking

Captive Insurance Strategy

• Evaluate, design, and implement a captive insurance program to support long-term risk financing strategy
• Analyze feasibility of captive structures
• Manage capital allocation, governance, and regulatory compliance for captive entities
• Integrate captive strategy with commercial insurance placement and retained risk

Contractor Prequalification & Risk Controls

• Establish and manage a contractor prequalification and risk assessment program
• Define risk evaluation criteria including:
  • Financial strength
  • Safety performance
  • Claims history
  • Insurance compliance
• Partner with Construction and Procurement teams to enforce risk standards across all projects
• Oversee ongoing contractor risk monitoring and performance evaluation

Broker & Carrier Relationship Management

• Manage multiple broker, carrier and underwriter relationships, building long term strategic partnerships as the primary relationship owner
• Negotiate pricing, coverage terms, and program structures
• Maintain strategic partnerships to ensure access to specialized coverage and capacity
• Coordinate with brokers on program design, claims advocacy, and market intelligence

Risk Governance & Reporting

• Develop and maintain risk reporting frameworks for executive leadership
• Track enterprise risk exposures across construction, operations, and supply chain
• Provide regular updates on insurance performance, claims activity, and program effectiveness
• Ensure alignment with corporate risk appetite and financial objective

Cross-Functional Collaboration

• Partner with:
  • Construction & Development – project risk planning, OCIP implementation
  • Legal – contract risk transfer and insurance provisions
  • Finance & Treasury – insurance cost modeling, captive capitalization
  • Operations – loss prevention and risk mitigation practices

Skills & Requirements

Education & Experience

• Bachelor’s degree in Risk Management, Finance, Engineering, or related field
• 10+ years of experience in risk management, insurance, or construction risk
• 7+ years of team management experience
• Direct experience with:
  • Large-scale construction projects
  • OCIP/CCIP program design and execution
  • Surety program management
  • Complex insurance program placement

Education & Experience

• Bachelor’s degree in Risk Management, Finance, Engineering, or related field

Technical Expertise

• Deep understanding of construction and operational insurance programs
• Experience with captive insurance structures and alternative risk financing
• Strong knowledge of surety underwriting and bonding structures
• Familiarity with contractor risk assessment methodologies

Skills & Competencies

• Strategic thinker with strong analytical and financial modeling skills
• Ability to negotiate complex insurance and risk transfer structures
• Strong stakeholder management and executive communication skills
• Ability to operate effectively in a fast-paced, project-driven environment

Key Performance Indicators

• Total cost of risk (TCOR) optimization
• Insurance program performance and claims outcomes
• Successful execution of OCIP and captive initiatives
• Contractor risk quality and loss reduction
• Surety capacity aligned with project pipeline

• A fast-paced, entrepreneurial culture focused on innovation.
• A flexible, autonomous work environment.
• A culture of respect, learning, and excellence.
• Experienced, highly talented experts as team peers.
• Growth and travel opportunities.
• A team of change-makers having a significant impact on people and the planet.

Contact: edcrecruiting@edged.us