Risk Manager - Insurance and Claims Management 14881 ...

Risk Manager - Insurance and Claims ManagementJOB OVERVIEW:The objective of the Risk Manager - Insurance and Claims Management (Construction & Development) role is two-fold: to ensure our 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 value-add US real estate assets with a total insured value of approximately $15b across various sectors, including residential, retail, industrial, office and storage. The Risk Manager will work closely with 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 of each party (manager/developer/general contractor/others as applicable) 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 offices: Chicago IL, Dallas TX, New York City NY, or San Francisco CA.WHAT WE’RE LOOKING FOR:REQUIRED: Experience working with construction-related insurance coverages, such as builder's risk, OCIP's, and CCIP's. This role will use construction risk management knowledge to speak to and review contracts and speak directly with clients - such as general contractors, entities involved in construction loans, etc.Candidates eager to bring their commercial insurance expertise of construction and/or real estate development risks and exposures to work directly for a client and the client's best interests.Candidates with a strong sense of urgency, who can pivot and adapt to changing priorities as needed, while maintaining high attention to detail and quality of work.The ideal candidate will be a strong communicator (both verbal and written) and 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:Work closely with 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 subjectivitiesWork closely with internal stakeholders, joint venture partners, legal teams and insurance brokers to align risk management strategies with project goalsManage the procurement and placement of builder’s risk, owner’s interest liability, OCIP, construction-related pollution insurance, professional indemnity and bonds, as necessaryReview project contracts to identify insurance responsibilities of each party (manager/developer/general contractor/others as applicable) and ensure proper coverage, limits, deductibles and terms & conditionsEnsure lender requirements are metMaintain the Development Project Tracker and follow all ground-up development and expansion projects from commencement to completionProvide operational premium indications to internal stakeholdersAcquisitions and Dispositions:Work closely with the transactions and engineering teams to underwrite each new property based on occupancy, TIV, gross square footage, location, exposure, construction attributes and risks (e.g. recognized environmental conditions)Provide insurance premium indications and quotes to internal stakeholders by utilizing a proprietary quote workbookReview all due diligence materials (e.g. loss runs, COI’s, PCA’s, Phase I’s, etc.) and flag any potential issues for the transaction teamReview, assess and communicate any coverage issues/restrictions prior to closingGather all necessary COPE data and documentation to roll new assets into our blanket insurance programsCommunicate acquisitions and dispositions to insurance brokersTrack and record all transaction activity for quarterly carrier reporting, including invoice tracking and paymentsRespond to due diligence requests from prospective buyersCalculate return premiums for dispositions and provide banking wire instruction to brokers to return unearned premiums at time of saleProperty Claims:Review and acknowledge receipt of all property incidents/claims received from third party property managers via RiskonnectObtain additional information and documentation, as necessaryMonitor all claims to ensure proper claim handlingServe as a resource for property management to help them navigate the claims processWork with third party property claims administrator to address any potential coverage issue and maximize coverage under our property policiesEvaluate coverage correspondence and respond accordingly; loop in insurance broker as necessaryIdentify claim trends and communicate to internal stakeholders accordinglyMaintain Riskonnect claim files in real-time and document all activityManage relationships with approved emergency response vendorsOther Responsibilities:Review and assist in negotiating contracts, including JV agreements, leases, access agreements, vendor contracts, loans and construction agreementsProvide support to asset managers, joint venture partners, lenders, property managers, leasing agents, buyers, sellers, and internal and external counsel with insurance-related requests and questionsCOI issuanceWHAT 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 insurance certification is a plusLeadership - Ability to manage areas of responsibility with holistic awareness of the overall Risk Management team roles and responsibilitiesAutonomy - Takes guidance without literal directionConflict Resolution - Solution oriented and proactive; enjoys problem solving; can identify root causes and develop creative solutionsProject Management - Organize and manage resources necessary to complete projectsAnalysis - Advanced analytical/problem solving acumen; ability to work independently; proficiency with spreadsheets and data organizationCommunication - Organized thinker, writer and speaker and engaging personal styleWorkload Management - Ability to manage multiple priorities in a fast-paced environmentCOMPENSATION:The national average starting salary for this role is $100,000 - $130,000 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications and education, while also considering internal equity and market data.WHY EPIC:EPIC has over 60 offices and 3,000 employees nationwide – and we’re growing! It’s a great time to join the team and be a part of this growth. We offer:Generous Paid Time offManaged PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close daysGenerous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leaveGenerous employee referral bonus program of $1,500 per hired referralEmployee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)Employee Resource Groups: Women’s Coalition, EPIC Veterans GroupUnique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife SupportAdditional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First FoundationWe’re in the top 10 of property/casualty agencies according to “Insurance Journal”EPIC embraces diversity in all its various forms—whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered, helps us to deliver the best outcome to our clients.Massachusetts G.L.c. 149 section 19B (b) requires the following statement: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.#LI-AT1#LI-Hybrid(3139)VOLUNTARY SELF-IDENTIFICATIONFor government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is voluntary. Any information you provide will be recorded and maintained in a confidential file. Equal employment opportunity policy statements follow.As set forth in EPIC Brokers’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.Voluntary self-identification of disability information is collected to comply with OFCCP requirements. Details are provided in the form sections below. #J-18808-Ljbffr

Created: 2025-10-08