Director - Risk Management

About the role

PE-RISK, an independent division of Acrisure, is an independent insurance and risk management consulting firm providing highly tailored solutions to meet the needs of each client. PE-RISK acts as an outsourced risk manager, implementing a customized and efficient service model for each of our client partners. The PE-RISK team has experience and expertise across all industry sectors, with a global reach, providing solutions to real asset and private equity investors around the world. This role provides outsourced risk management for private equity, infrastructure and real estate clients. This role will be predominantly focused on real estate clients.

Responsibilities

• Assist the Executive Director as outsourced risk manager for global infrastructure and private equity clients.
• Work with insurance brokers, client’s acquisition, asset management and portfolio company management teams to obtain and organize the information needed to quote and bind comprehensive insurance placements.
• Support M&A processes from an insurance perspective, including insurance due diligence, risk review, deal document review and transactional insurance placements.
• Manage brokerage RFPs for global infrastructure, Real estate and private equity clients.
• Aid in the management and negotiation of complex insurance claims.
• Track, maintain and prepare reports on policy information in risk management information systems (as needed).
• Review and advise on contractual language regarding insurance, liabilities and indemnification in investment-related documents (purchase agreements, joint venture agreements, LLC agreements, loan agreements, tax equity agreements, construction agreements, etc.).
• Field day-to-day questions from internal and external parties regarding the insurance program, process, coverage, etc.
• Complete a review / audit of the client's existing insurance program.
• Participate with the client in its analysis of other third-party insurance and risk management consultants or advisors, including brokers, third party administrators, claims adjusters, etc. (the client is responsible for engaging all consultants or advisors).
• Provide insurance / risk management related advice and support related to fundraising and financing, including reviewing and commenting on insurance and risk management related inputs and marketing material, and liaising with potential investors, debt / equity markets and their advisors regarding insurance and risk management matters, including reviewing and commenting on insurance and risk management provisions.
• Aid the client in creating and implementing a centralized insurance and risk management function that clearly defines roles and responsibilities and establishes efficient processes and procedures to support current and future business operations.
• Aid the client with preparation of the annual insurance / risk management budget, inclusive of recommendations for allocation methodology, if applicable.
• Aid the client with the structuring and placement of any transactional insurance products, including representations and warranties, tax liability, contingent liability, environmental liability and run-off management liability.
• Manage insurance compliance with lender and regulatory requirements and assist the client with providing required documentation.
• Aid the client in monitoring the quality of service from its brokers and insurance providers and provide recommendations on modifications as needed.
• Aid the client with the management of claims.
• Handle special projects as assigned by the Executive Director or others.
• Aid in the implementation of a Risk & Insurance Management System or equivalent.

Requirements

• Strong working knowledge of commercial insurance programs, including property, liability, environmental, and construction coverages.
• Proven ability to review and advise on insurance, indemnification, and liability provisions in complex transactional and financing documents.
• Familiarity with insurance budgeting, premium allocation methodologies, and lender and regulatory compliance requirements.
• Proficiency with risk management information systems (RMIS) and Microsoft Office applications.
• Excellent written and verbal communication skills, with the ability to interface effectively with clients, brokers, insurers, and internal stakeholders.
• Strong analytical, organizational, and project management skills, with a high level of attention to detail.
• Ability to manage multiple client engagements and competing priorities across a global portfolio.
• Willingness to travel as needed to support client relationships.

Qualifications

• Bachelor's degree in Risk Management, Insurance, Finance, Business, or a related field; advanced degree or relevant professional designation (e.g., ARM, CPCU, CRM) a plus.
• Minimum of 8-10 years of progressive experience in insurance and risk management, ideally within a brokerage, carrier, consulting firm, or corporate risk function.
• Demonstrated experience serving real estate, infrastructure, and/or private equity clients or portfolios.
• Experience supporting M&A transactions from an insurance perspective, including insurance due diligence, deal document review, and transactional insurance products (representations and warranties, tax liability, contingent liability, environmental, and run-off management liability).
• Experience managing brokerage RFPs and evaluating the performance of brokers, carriers, and third-party administrators.

Skills

• Commercial insurance programs, including property, liability, environmental, and construction coverages.
• Insurance budgeting, premium allocation methodologies, and lender and regulatory compliance requirements.
• Risk management information systems (RMIS) and Microsoft Office applications.
• Communication skills, including written and verbal communication.
• Analytical, organizational, and project management skills.
• Experience supporting M&A transactions from an insurance perspective.
• Experience managing brokerage RFPs and evaluating the performance of brokers, carriers, and third-party administrators.

Benefits

At Acrisure, we offer a comprehensive suite of benefits and perks, including:

• Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
• Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
• Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
• Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.

For more information on Acrisure's benefits, please visit the Acrisure website.