What you'll doAs
Director of Enterprise Risk & Insurance, you'll be Giga's first dedicated hire for bonding and insurance. You'll build direct relationships with sureties and brokers, structure subcontractor bonding requirements, and find creative ways to get deals bonded even when our balance sheet can't support the full bond size on its own. This is a highly visible, business-critical role: land the bonds on our current pipeline and you've paid for yourself many times over. Do it well, and you'll build and lead Giga's enterprise risk function as the company scales.
This isn't a typical risk role. We need someone who thrives on finding a path to yes in a field that's built around caution.
Where you'll workThis role is remote - we don't care where our risk and insurance lead sits, only that they're excellent at the job. You'll travel occasionally (about 10% of the time, roughly a couple of trips per year) for company and team offsites to stay closely connected with our Growth and Finance teams, given how tightly this role works with them.
Responsibilities- Own Giga's performance bond strategy end-to-end - structuring and negotiating with sureties to satisfy lender and customer requirements on live deals
- Build and manage relationships with insurance brokers and surety providers, taking Giga's risk profile to market and negotiating terms on a project-by-project basis.
- Design and enforce subcontractor bonding requirements, determining what percentage of subcontracted work needs to be bonded on each project.
- Right-size Giga's corporate and project-level insurance programs as the company takes on larger, higher-risk deals.
- Get creative when Giga's balance sheet can't support the bond size a deal requires - structuring alternative solutions to keep contracts moving.
- Partner closely with Legal, Finance, and Growth to build bonding and insurance requirements into deal structuring up front, rather than after contracts are signed.
- Advise executive leadership on risk exposure, market conditions, and what's realistically achievable with sureties and insurers.
- Lay the groundwork to build and lead a team as Giga's enterprise risk function grows.
Requirements- 7+ years of experience in performance bonds/surety, insurance, or risk management.
- Deep, practical knowledge of how performance bonds are underwritten, priced, and structured.
- Experience owning broker and surety relationships and taking a company's risk profile to market.
- Strong understanding of corporate and project-level insurance programs.
- Bachelor's degree in Finance, Business Administration, Law, Construction Management, or a related field.
- Comfortable making judgment calls with incomplete information, in an environment that moves faster than typical risk and insurance norms.
Bonus points- 14+ years of experience in bonding, surety, or risk management.
- Background at a surety company, insurance carrier, or brokerage (e.g., Marsh, Lockton) in an underwriting or bond producer role.
- Experience in construction, infrastructure, or industrial/energy sectors.
- Industry-specific certifications (e.g., CPCU, ARM, surety bond producer credentials) or formal education in risk management.
- Experience scaling a risk management function and building a team.
- Experience bonding large equipment supply or project finance transactions.
Benefits- Subsidized health, dental, and vision insurance
- Equity (options) in a rapidly growing startup
- 401(k) with 4% employer match
- Unlimited PTO
- Parental leave
- Healthcare and Dependent Care Flexible Spending Accounts (FSA) or Health Savings Account (HSA)
- Commuter benefits
- Monthly team onsites where all offices come in-person to collaborate
