EPIC Insurance Brokers & Consultants
Risk Manager - Insurance and Claims Management
EPIC Insurance Brokers & Consultants, New York, New York, us, 10261
Risk Manager - Insurance and Claims Management
Join to apply for the Risk Manager - Insurance and Claims Management role at EPIC Insurance Brokers & Consultants. Overview
This is an exciting and unique opportunity to be a fully 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
The objective of the Risk Manager: Insurance and Claims Management (Construction & Development) role is two-fold: 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 Manager will work closely 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 subjectivities; 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 and ensure proper coverage, limits, deductibles and terms & conditions. Location:
HYBRID - This role ideally will work 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, OCIP's, CCIP's). Ability to review contracts and speak with third parties such as general contractors, joint venture partners, lenders and others involved in construction. Experience applying construction risk management knowledge to client-facing activities and problem-solving for the client’s best interests. Strong sense of urgency with adaptability to changing priorities, while maintaining attention to detail and quality. Strong verbal and written communication skills; comfortable 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 based on occupancy, TIV, square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors. Evaluate project risks for appropriate risk transfer strategies. 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 new properties based on occupancy, TIV, square footage, location, exposure, construction attributes and risks. Provide insurance premium indications and quotes using a proprietary workbook. Review due diligence materials and flag potential issues for the transaction team. Review and communicate coverage issues/restrictions prior to closing. Gather COPE data and document assets for RREEF’s blanket insurance programs. Communicate acquisitions and dispositions to brokers; track transaction activity for quarterly reporting and payments. Respond to due diligence requests from prospective buyers and manage return of unearned premiums at sale where applicable. Property Claims
Review property incidents/claims from third-party property managers; obtain needed information and monitor claims for proper handling. Support property managers in navigating the claims process; coordinate with the claims administrator to address coverage issues and maximize coverage. Evaluate coverage correspondence and loop in the broker as needed; identify claim trends and participate in quarterly reviews. Maintain risk and claims files in real time and manage relationships with approved emergency response vendors. Other Responsibilities
Review and assist in negotiating contracts, including JV agreements, leases, vendor contracts, loans and construction agreements. Provide insurance-related support to asset managers, joint venture partners, lenders, property managers, buyers, sellers, and counsel. COI issuance. What You’ll Bring
Minimum four years of construction insurance placements for commercial real estate and property claims experience. Certifications such as CRIS, CPCU, ARM are a plus. Ability to manage areas of responsibility with a holistic view of Risk Management team roles. Autonomy and proactive guidance; strong problem-solving skills. Project management, analytical capability, and proficiency with data organization. Strong written and verbal communication; collaborative and client-facing orientation. Ability to manage 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 offered will be determined by experience, skills, certifications, and education, and aligned with internal equity and market data. What DWS Group / RREEF America Will Offer You
RREEF is committed to diversity, equity and an inclusive culture. The hybrid model balances in-person collaboration with remote work. Details vary by business group and will be discussed during application and interview process. RREEF encourages a culture where people are empowered to excel together, take initiative and collaborate. We welcome applications from all people and promote a positive, fair and inclusive work environment. EPIC embraces diversity in all its forms and is committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. California privacy rights are available in EPIC’s employee privacy notice. Massachusetts law on lie detector testing is noted for applicable applicants. (3139) Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries Insurance Referrals increase your chances of interviewing at EPIC Insurance Brokers & Consultants. Get notified about new Risk Manager jobs in New York, NY.
#J-18808-Ljbffr
Join to apply for the Risk Manager - Insurance and Claims Management role at EPIC Insurance Brokers & Consultants. Overview
This is an exciting and unique opportunity to be a fully 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
The objective of the Risk Manager: Insurance and Claims Management (Construction & Development) role is two-fold: 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 Manager will work closely 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 subjectivities; 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 and ensure proper coverage, limits, deductibles and terms & conditions. Location:
HYBRID - This role ideally will work 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, OCIP's, CCIP's). Ability to review contracts and speak with third parties such as general contractors, joint venture partners, lenders and others involved in construction. Experience applying construction risk management knowledge to client-facing activities and problem-solving for the client’s best interests. Strong sense of urgency with adaptability to changing priorities, while maintaining attention to detail and quality. Strong verbal and written communication skills; comfortable 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 based on occupancy, TIV, square footage, location, exposure, construction detail, project costs, timeline and other project-specific factors. Evaluate project risks for appropriate risk transfer strategies. 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 new properties based on occupancy, TIV, square footage, location, exposure, construction attributes and risks. Provide insurance premium indications and quotes using a proprietary workbook. Review due diligence materials and flag potential issues for the transaction team. Review and communicate coverage issues/restrictions prior to closing. Gather COPE data and document assets for RREEF’s blanket insurance programs. Communicate acquisitions and dispositions to brokers; track transaction activity for quarterly reporting and payments. Respond to due diligence requests from prospective buyers and manage return of unearned premiums at sale where applicable. Property Claims
Review property incidents/claims from third-party property managers; obtain needed information and monitor claims for proper handling. Support property managers in navigating the claims process; coordinate with the claims administrator to address coverage issues and maximize coverage. Evaluate coverage correspondence and loop in the broker as needed; identify claim trends and participate in quarterly reviews. Maintain risk and claims files in real time and manage relationships with approved emergency response vendors. Other Responsibilities
Review and assist in negotiating contracts, including JV agreements, leases, vendor contracts, loans and construction agreements. Provide insurance-related support to asset managers, joint venture partners, lenders, property managers, buyers, sellers, and counsel. COI issuance. What You’ll Bring
Minimum four years of construction insurance placements for commercial real estate and property claims experience. Certifications such as CRIS, CPCU, ARM are a plus. Ability to manage areas of responsibility with a holistic view of Risk Management team roles. Autonomy and proactive guidance; strong problem-solving skills. Project management, analytical capability, and proficiency with data organization. Strong written and verbal communication; collaborative and client-facing orientation. Ability to manage 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 offered will be determined by experience, skills, certifications, and education, and aligned with internal equity and market data. What DWS Group / RREEF America Will Offer You
RREEF is committed to diversity, equity and an inclusive culture. The hybrid model balances in-person collaboration with remote work. Details vary by business group and will be discussed during application and interview process. RREEF encourages a culture where people are empowered to excel together, take initiative and collaborate. We welcome applications from all people and promote a positive, fair and inclusive work environment. EPIC embraces diversity in all its forms and is committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. California privacy rights are available in EPIC’s employee privacy notice. Massachusetts law on lie detector testing is noted for applicable applicants. (3139) Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries Insurance Referrals increase your chances of interviewing at EPIC Insurance Brokers & Consultants. Get notified about new Risk Manager jobs in New York, NY.
#J-18808-Ljbffr