Description
policy placement
claims management
risk analysis
budget oversight
compliance review
system utilization
The Manager of Insurance & Risk assists in managing the organization’s insurance programs and insurable risk portfolio, safeguarding objectives by ensuring effective management of risk financing, policy placement, and risk transfer mechanisms. The role also contributes to safety and security initiatives and supports handling of tort‑related matters in coordination with the Legal team, including administering insurance programs, supporting risk analysis, tracking renewals and payments, reviewing alternative risk structures, and communicating across the organization.
The position requires coordination with brokers, internal teams, and executive leadership, as well as oversight of insurance costs, budgeting, claims, contract compliance, and program restructuring during ownership transitions. The manager will utilize risk management systems such as Evident, Yardi, and Indio, and collaborate closely with legal to ensure cohesive risk management across the Company’s assets. Additional duties may be assigned as needed.
- Serve as a liaison to insurance brokers and carriers, maintaining relationships and staying updated on market conditions and industry developments.
- Lead design, placement, and administration of insurance and risk‑transfer programs across Corporate, Hospitality, Retail, M&A and Construction/Development verticals.
- Facilitate, administer, and assess coverage needs for all personal lines related to executive family assets, including but not limited to homeowners, valuable articles, aircraft, marine/boat, personal umbrella, and personal auto policies.
- Coordinate with brokers and internal teams to gather underwriting data for policy placement.
- Identify, measure and manage insurance coverage (Property, Liability, Workers Compensation, Business Auto, Builders Risk, EPLI, OCIP, Active Assailant, Fiduciary, Crime, Inland Marine, Directors & Officers, Cyber and others) for asset protection and compliance.
- Identify coverage gaps and obtain competitive insurance quotes for executive and ownership evaluation.
- Monitor market trends and new insurance products relevant to operations.
- Control insurance costs and provide pricing comparisons for major coverages for executive leadership teams.
- Assist with annual budgeting of premiums and self‑insured loss fund contributions.
- Conduct financial analysis regarding insurance rates, coverages, risk exposure and claims.
- Act as the primary conduit for all vendors, consultants, and partners regarding risk management strategies, coordinating required trainings, certifications, and inspections to ensure compliance and operational excellence.
- Support corporate safety initiatives by administering recommendations, reducing hazards based on claim trends and participating in safety walkthroughs.
- Assist with crisis plans and provide recommendations for implementation.
- Own first‑party insurance claims and auto claims, including carrier submission, documentation, recovery, and restoration coordination in partnership with brokers, adjusters, and business units.
- Review contracts for insurance compliance and accuracy for all verticals.
- Maintain coordination of insurance matters with executive management, legal, and ownership.
- Maintain, track, and enforce adherence to certificate of insurance requirements for retail tenants, marketing activations, and vendors.
- Draft and review insurance language in contracts, including specialty endorsements and risk transfer provisions.
- Provide executive‑level summaries and budget oversight, including premium allocations by asset.
- Utilize risk management systems (Evident, Yardi, Indio) and carrier portals for submissions, compliance and reporting.
- Restructure insurance programs during ownership transitions and confirm lender covenants for M&A activities.
- Align contractor insurance exhibits and specialty coverages for development projects.
- Collaborate closely with legal to ensure cohesive risk management and mitigation across the Company’s assets.