Risk Manager

The Role

The Risk Manager will work closely with and support the Director-Insurance and Risk Management with the management and day-to-day service of complex personal lines, commercial, and personal/commercial hybrid accounts.

Responsibilities

• Manage and day-to-day service of complex personal lines, commercial, and personal/commercial hybrid accounts
• Develop and retain consultative relationships with clients and internal business partners, Broker and Carrier business partners
• Evaluate and educate clients on coverage gaps and newly available coverage options, industry state of the market, as well as emerging trends
• Assist with the development, implementation, and management of comprehensive and competitive insurance programs for the firm’s geographically diverse real estate and asset portfolios and corporate operations
• Negotiate policy terms and conditions
• Research, evaluate and make recommendations regarding current and state-of-the-art trends in risk management, safety and loss control strategies
• Aid with budgets, forecasts, financial reports, premium allocations, premium audits and retro calculations
• Coordinate claim coverage issues; participate in claim review meetings and analysis of claim reserves
• Provide consultation and technical advice on insurance and risk management issues to business units
• Assist with performing asset acquisition due diligence, identifying and analyzing significant risk management and insurance issues, compiling required underwriting data and assisting with making appropriate recommendations
• Aid with establishing contract standards for insurance and indemnification wording; review contracts and other legal documents to evaluate risk related provisions, assuring competitiveness and compliance with insurance and risk management policies
• Develop detailed policy summaries for dissemination to lenders, tenants, and other third parties
• Maintain annual records and implementation of our Agency Management System
• Analyze the insurance provided by joint venture partners for compliance with applicable agreements
• Develop standard processes and procedures for risk management functions
• Develop and implement relevant risk management policies, training and communication to ensure the efficient operation of individual operating units
• Assist with other risk management duties as assigned

Qualifications

• 10-15+ years of experience in the insurance industry, Risk Management Department or Brokerage a plus
• Advanced degree or insurance industry certifications (CPCU, ARM) a plus
• Strategic and Financial Acumen
• Strategic thinker, with vision and an entrepreneurial spirit, who anticipates issues, understands outcomes and effects solutions on a proactive basis
• Strong analytical skills and negotiating skills
• Organizational and Project Management
• Strong organizational, project management and problem-solving skills
• Effectively prioritizes tasks and projects
• Effectively identifies/anticipates opportunities, needs and issues; conducts comprehensive research and analysis, guiding clients through a thoughtful process to understand options and the ramifications of choices and makes appropriate recommendations to mitigate risk
• Strong communication skills
• Strong relationship management and listening skills
• Strong presentation and written communication skills
• Demonstrated high intelligence, integrity, honesty and discretion; maintains confidentiality
• Innovative, flexible, down to earth with a good sense of humor
• Diplomatic, objective, tactful, non-judgmental, flexible, respectful and pragmatic in all interactions
• Demonstrated maturity and judgment; sensitive to the highly personalized and discreet nature of this function; able to provide advice without being intimidated
• Advanced knowledge of Microsoft PowerPoint, Outlook, Excel, and Word