EPIC Brokers
Risk Manager - Insurance and Claims Management
EPIC Brokers, Dallas, Texas, United States, 75215
Risk Manager - Insurance and Claims Management
Overview This is a dedicated Risk Management resource to DWS Group / RREEF America LLC ("RREEF") via EPIC. RREEF is a real estate investment advisor registered with the U.S. Securities and Exchange Commission ("SEC"). RREEF provides investment advisory services to funds and institutional clients on a discretionary and non-discretionary basis. As a wholly owned subsidiary of DWS Group, RREEF combines deep market knowledge with capital investment to deliver value for its clients.
Job Overview Summary:
The objective of the
Risk Manager: Insurance and Claims Management (Construction & Development)
role is twofold: to ensure RREEF's clients' real estate investments are adequately insured through day-to-day coordination of internal and external teams, and to champion and execute operational risk practices. The Risk Management Group currently insures core and core-plus US real estate assets with a total insured value of approximately $13b across residential, retail, industrial, office and storage sectors. The Risk Manager will work with RREEF’s value add/development teams to underwrite each construction project based on occupancy, TIV, gross square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors; manage the procurement and placement of builder’s risk, owner’s interest liability, OCIP, construction-related pollution insurance, professional indemnity and bonds as necessary; and review project contracts to identify insurance responsibilities of each party (manager/developer/general contractor/others) and ensure proper coverage, limits, deductibles and terms & conditions.
Location : HYBRID – This role ideally works 3 days a week from one of the following RREEF offices: Chicago IL, Dallas TX, New York City NY, or San Francisco CA.
What We’re Looking For REQUIRED: Experience with construction-related insurance coverages (builder's risk, owner’s interest, OCIPs, CCIPs). This role will review contracts and interact directly with third parties such as general contractors, joint venture partners, lenders and others involved in construction. Candidates who can bring commercial insurance expertise of construction and/or real estate development risks to work directly for a client in the client's best interests. Candidates with a strong sense of urgency, ability to pivot and adapt to changing priorities, while maintaining attention to detail and quality. Strong communication skills (verbal and written) and comfort working directly with clients to problem-solve and provide consultative services.
What You’ll Do A detailed list of job duties includes (but is not limited to):
Developments Underwrite construction projects with consideration of occupancy, TIV, gross square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors Collaborate with internal stakeholders, joint venture partners, legal teams and insurance brokers to align risk management strategies with project goals Procure and place builder’s risk, owner’s interest liability, OCIP, construction-related pollution insurance, professional indemnity and bonds as needed Review project contracts to identify insurance responsibilities of each party and ensure proper coverage, limits, deductibles and terms Ensure lender requirements are met Maintain RREEF’s Development Project Tracker and oversee ground-up development and expansion projects from start to finish Provide operational premium indications to internal stakeholders
Acquisitions and Dispositions Underwrite each new property with input from transactions and engineering teams Provide insurance premium indications and quotes using a proprietary workbook Review due diligence materials and flag potential issues for the transaction team Identify coverage issues/restrictions prior to closing Gather COPE data and documentation to roll assets into blanket insurance programs Communicate acquisitions and dispositions to insurers Track transaction activity for quarterly carrier reporting, including invoicing and payments Respond to due diligence requests from prospective buyers Calculate return premiums for dispositions and provide banking wire instructions to return unearned premiums at sale
Property Claims Review property incidents/claims from third-party managers via Riskonnect Obtain additional information as needed and monitor claims for proper handling Support property managers in navigating the claims process Coordinate with third-party claims administrator to address coverage issues and maximize coverage Evaluate coverage correspondence and loop in the broker as necessary Identify claim trends and report findings to internal stakeholders Maintain Riskonnect claim files in real-time Manage relationships with approved emergency response vendors
Other Responsibilities Review and assist in negotiating contracts (JV agreements, leases, vendor contracts, loans, construction agreements) Support asset managers, JV partners, lenders, property managers, buyers, sellers, and counsel with insurance-related requests COI issuance
What You’ll Bring Experience: Minimum of four years with construction insurance placements for commercial real estate and property claims experience. CRIS, CPCU, ARM or other certification is a plus Leadership: Ability to manage responsibilities with awareness of overall Risk Management team roles Autonomy: Takes guidance without direct instruction Conflict Resolution: Solution-oriented; proactive problem solving; identifies root causes and develops solutions Project Management: Organizes and manages resources to complete projects Analysis: Strong analytical and problem-solving skills; ability to work independently; proficient with spreadsheets Communication: Structured thinker, clear writer and effective communicator Workload Management: Capable of handling multiple priorities in a fast-paced environment
Compensation The national average starting salary for this role is $100,000.00 - $160,000.00 in base pay, exclusive of bonuses or benefits. Base pay determined by experience, skills, certifications, and education, considering internal equity and market data.
What DWS Group / RREEF America Will Offer You RREEF values diversity, equity, and an inclusive culture where colleagues can be themselves. Our hybrid working model aims to balance in-person collaboration with remote work. Details vary by business group and will be discussed during application and interview. We strive for a culture where people are empowered to excel together, think commercially, take initiative, and collaborate. We celebrate successes and welcome applications from all people, promoting a positive, fair, and inclusive work environment.
EPIC embraces diversity in all forms and is committed to fostering a work community where every colleague feels included and empowered. Diversity drives innovation and helps deliver the best outcomes to clients.
Massachusetts G.L.c. 149 section 19B (b) requires the following: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. An employer who violates this law may face penalties.
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How did you hear about this job opportunity? *
Which office do you live closest to, and are you willing to work hybrid?
How many years of experience do you have with construction/real estate insurance policies?*
If offered this opportunity, what are your base salary expectations? *
Voluntary Self-Identification
For government reporting purposes, we invite candidates to respond to the self-identification survey. Completion is voluntary. Any information provided will be confidential. This is part of EPIC’s Equal Employment Opportunity policy to promote diversity and inclusion.
As a federal contractor, we comply with VEVRAA and related disability self-identification requirements. This includes information about protected veteran status and disability status; responses are voluntary and confidential.
Disability Self-Identification — Form CC-305 information is available and may be requested. This form is current with OMB controls and may be completed as part of the application process.
PUBLIC BURDEN STATEMENT: This survey may take about 5 minutes to complete.
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Overview This is a dedicated Risk Management resource to DWS Group / RREEF America LLC ("RREEF") via EPIC. RREEF is a real estate investment advisor registered with the U.S. Securities and Exchange Commission ("SEC"). RREEF provides investment advisory services to funds and institutional clients on a discretionary and non-discretionary basis. As a wholly owned subsidiary of DWS Group, RREEF combines deep market knowledge with capital investment to deliver value for its clients.
Job Overview Summary:
The objective of the
Risk Manager: Insurance and Claims Management (Construction & Development)
role is twofold: to ensure RREEF's clients' real estate investments are adequately insured through day-to-day coordination of internal and external teams, and to champion and execute operational risk practices. The Risk Management Group currently insures core and core-plus US real estate assets with a total insured value of approximately $13b across residential, retail, industrial, office and storage sectors. The Risk Manager will work with RREEF’s value add/development teams to underwrite each construction project based on occupancy, TIV, gross square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors; manage the procurement and placement of builder’s risk, owner’s interest liability, OCIP, construction-related pollution insurance, professional indemnity and bonds as necessary; and review project contracts to identify insurance responsibilities of each party (manager/developer/general contractor/others) and ensure proper coverage, limits, deductibles and terms & conditions.
Location : HYBRID – This role ideally works 3 days a week from one of the following RREEF offices: Chicago IL, Dallas TX, New York City NY, or San Francisco CA.
What We’re Looking For REQUIRED: Experience with construction-related insurance coverages (builder's risk, owner’s interest, OCIPs, CCIPs). This role will review contracts and interact directly with third parties such as general contractors, joint venture partners, lenders and others involved in construction. Candidates who can bring commercial insurance expertise of construction and/or real estate development risks to work directly for a client in the client's best interests. Candidates with a strong sense of urgency, ability to pivot and adapt to changing priorities, while maintaining attention to detail and quality. Strong communication skills (verbal and written) and comfort working directly with clients to problem-solve and provide consultative services.
What You’ll Do A detailed list of job duties includes (but is not limited to):
Developments Underwrite construction projects with consideration of occupancy, TIV, gross square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors Collaborate with internal stakeholders, joint venture partners, legal teams and insurance brokers to align risk management strategies with project goals Procure and place builder’s risk, owner’s interest liability, OCIP, construction-related pollution insurance, professional indemnity and bonds as needed Review project contracts to identify insurance responsibilities of each party and ensure proper coverage, limits, deductibles and terms Ensure lender requirements are met Maintain RREEF’s Development Project Tracker and oversee ground-up development and expansion projects from start to finish Provide operational premium indications to internal stakeholders
Acquisitions and Dispositions Underwrite each new property with input from transactions and engineering teams Provide insurance premium indications and quotes using a proprietary workbook Review due diligence materials and flag potential issues for the transaction team Identify coverage issues/restrictions prior to closing Gather COPE data and documentation to roll assets into blanket insurance programs Communicate acquisitions and dispositions to insurers Track transaction activity for quarterly carrier reporting, including invoicing and payments Respond to due diligence requests from prospective buyers Calculate return premiums for dispositions and provide banking wire instructions to return unearned premiums at sale
Property Claims Review property incidents/claims from third-party managers via Riskonnect Obtain additional information as needed and monitor claims for proper handling Support property managers in navigating the claims process Coordinate with third-party claims administrator to address coverage issues and maximize coverage Evaluate coverage correspondence and loop in the broker as necessary Identify claim trends and report findings to internal stakeholders Maintain Riskonnect claim files in real-time Manage relationships with approved emergency response vendors
Other Responsibilities Review and assist in negotiating contracts (JV agreements, leases, vendor contracts, loans, construction agreements) Support asset managers, JV partners, lenders, property managers, buyers, sellers, and counsel with insurance-related requests COI issuance
What You’ll Bring Experience: Minimum of four years with construction insurance placements for commercial real estate and property claims experience. CRIS, CPCU, ARM or other certification is a plus Leadership: Ability to manage responsibilities with awareness of overall Risk Management team roles Autonomy: Takes guidance without direct instruction Conflict Resolution: Solution-oriented; proactive problem solving; identifies root causes and develops solutions Project Management: Organizes and manages resources to complete projects Analysis: Strong analytical and problem-solving skills; ability to work independently; proficient with spreadsheets Communication: Structured thinker, clear writer and effective communicator Workload Management: Capable of handling multiple priorities in a fast-paced environment
Compensation The national average starting salary for this role is $100,000.00 - $160,000.00 in base pay, exclusive of bonuses or benefits. Base pay determined by experience, skills, certifications, and education, considering internal equity and market data.
What DWS Group / RREEF America Will Offer You RREEF values diversity, equity, and an inclusive culture where colleagues can be themselves. Our hybrid working model aims to balance in-person collaboration with remote work. Details vary by business group and will be discussed during application and interview. We strive for a culture where people are empowered to excel together, think commercially, take initiative, and collaborate. We celebrate successes and welcome applications from all people, promoting a positive, fair, and inclusive work environment.
EPIC embraces diversity in all forms and is committed to fostering a work community where every colleague feels included and empowered. Diversity drives innovation and helps deliver the best outcomes to clients.
Massachusetts G.L.c. 149 section 19B (b) requires the following: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. An employer who violates this law may face penalties.
#LI-AT1 #LI-Hybrid
(3139)
Create a Job Alert
Interested in building your career at EPIC Brokers? Get future opportunities sent to your email.
Accepted file types: pdf, doc, docx, txt, rtf
Enter manually
LinkedIn Profile
Are you 18 years old or older?
Do you now or in the future require sponsorship to legally work in the United States?
SMS Consent: Do you agree to receive mobile messages from us in relation to this job application?
This question is to opt-in or opt-out of SMS / Text messaging.
How did you hear about this job opportunity? *
Which office do you live closest to, and are you willing to work hybrid?
How many years of experience do you have with construction/real estate insurance policies?*
If offered this opportunity, what are your base salary expectations? *
Voluntary Self-Identification
For government reporting purposes, we invite candidates to respond to the self-identification survey. Completion is voluntary. Any information provided will be confidential. This is part of EPIC’s Equal Employment Opportunity policy to promote diversity and inclusion.
As a federal contractor, we comply with VEVRAA and related disability self-identification requirements. This includes information about protected veteran status and disability status; responses are voluntary and confidential.
Disability Self-Identification — Form CC-305 information is available and may be requested. This form is current with OMB controls and may be completed as part of the application process.
PUBLIC BURDEN STATEMENT: This survey may take about 5 minutes to complete.
#J-18808-Ljbffr